Third Party Collateral means any property of any Person other than Borrower which secures payment or performance of any Liabilities.

Third Party Collateral. Any property of any Person other than the Borrower which secures payment or performance of any Obligations.

Third Party Collateral has the meaning set forth in Section 2.18(c)(iii).

Examples of Third Party Collateral in a sentence

The termination or cancellation of the Credit shall not affect or impair the liabilities and obligations of Borrower or any one or more of the Obligors to Lender or Lender's rights with respect to any Loans and advances made and other Liabilities incurred prior to such termination or with respect to the Collateral or any Third Party Collateral.
The Lien in the Collateral and Third Party Collateral granted to the Lender to secure the Obligations shall be senior, perfected Liens except as otherwise agreed by the Lender.
All financing statements, mortgages and other documents relating to the Collateral and Third Party Collateral shall have been filed or recorded, as appropriate.
All of Lender's rights and remedies, the liens and security interests of Lender in the Collateral and the Third Party Collateral and all of Borrower's duties and obligations under this Agreement shall survive termination of the Credit extended to Borrower hereunder until all of the Liabilities have been finally paid and performed in full.
The security interest in the Collateral granted under this Agreement and the Related Agreements, and in any Third Party Collateral and all other Liens granted to Lender to secure the Liabilities, shall be a senior, perfected Lien except as otherwise agreed by Lender, and all financing statements and other documents relating to Collateral and Third Party Collateral shall have been filed or recorded, as appropriate.

More Definitions of Third Party Collateral

Third Party Collateral means any Property or assets of any Obligor other than a Borrower which now or at any time hereafter secure the payment or performance of any of Borrowers' Obligations. Transaction Documents shall mean this Agreement, the Note, the Security Agreements, the Deed of Trust, the Pledge Agreement and all other agreements, documents and instruments heretofore, now or hereafter delivered to Bank with respect to or in connection with or pursuant to this Agreement, any Loans made hereunder or any other of Borrowers' Obligations, and executed by or on behalf of either of the Borrowers, all as the same may from time to time be amended, modified, extended or renewed. Treasury Margin shall mean Two and One-Fourth Percent (2.25%) up to and including August 31, 1997, and thereafter, commencing on the first day of the second month following each fiscal quarter-end or fiscal year-end, the "Treasury Margin" shall, based upon the Guarantor's ratio of consolidated Indebtedness to Consolidated Tangible Net Worth as of the end of the immediately preceding quarter (or fiscal year) determined by reference to the Guarantor's quarter-end (or fiscal year-end) financial statements for such preceding fiscal quarter-end or fiscal year-end, (i.e., for the period beginning September 1, 1997 by referencing the Guarantor's July 31, 1997 fiscal quarter-end financial statements), mean the following:

Third Party Collateral means any Property or assets of any Obligor other than Borrower which secure the payment or performance of any of Borrower's Obligations. Transaction Documents shall mean this Agreement, the Note, the Pledge Agreement and all other agreements, documents, instruments, and certificates connected with or otherwise relating to this Agreement or the Loan made hereunder, all as the same may from time to time be amended, modified, extended or renewed.

Third Party Collateral means collateral deposited by the Issuer with a third party as security for any reimbursement or indemnification obligations to any other lender under a Senior Loan, Second Lien Loan or Mezzanine Obligation and unless otherwise specified in relation thereto, the amount of such collateral will be equal to the notional amount of such Senior Loan, Second Lien Loan or Mezzanine Obligation.

Third Party Collateral means any Property or assets of any Obligor other than the Borrower which now or at any time hereafter secure the payment or performance of any of the Borrower's Obligations. Total Revolving Credit Commitment shall have the meaning ascribed thereto in Section 3.1. Transaction Documents shall mean this Agreement, the Notes, the Pledge Agreements, any Letter of Credit Application, the Subsidiary Guaranties, the Subsidiary Pledge Agreements and all other agreements, documents and instruments heretofore, now or hereafter delivered to Administrative Agent, Syndication Agent or any of the Lenders with respect to or in connection with or pursuant to this Agreement, any Loans made or Letters of Credit issued hereunder or any other of the Borrower's Obligations, and executed by or on behalf of the Borrower or any of its Subsidiaries, all as the same may from time to time be amended, modified, extended or renewed. Year 2000 Compliant shall mean, with respect to any Person, that all software, embedded microchips and/or other computer and/or processing capabilities utilized by such Person, and/or included in any software, products, goods and/or services sold and/or leased by such Person, are able to correctly and properly recognize, interpret, process, calculate, compare, sequence and manipulate data and date-sensitive functions on and involving all calendar dates (including, without limitation, dates in and after the year 2000).

Third Party Collateral means any Property or assets of any Obligor other than the Borrower which now or at any time hereafter secure the payment or performance of any of the Borrower's Obligations. Total Reducing Revolver Commitment shall have the meaning ascribed thereto in Section 3.1. Trademark Assignment shall mean the Trademark Collateral Assignment and Security Agreement executed by Borrower and delivered to Agent for the benefit of each of the Lenders pursuant to Section 5.2, as the same may from time to time be amended. Transaction Documents shall mean this Agreement, the Notes, the Security Agreement, the Trademark Assignment, the Pledge Agreements, any Letter of Credit Application, the Subsidiary Guaranties, the Subsidiary Security Agreements, the Subsidiary Pledge Agreements and all other agreements, documents and instruments heretofore, now or hereafter delivered to Agent or any of the Lenders with respect to or in connection with or pursuant to this Agreement, any Loans made or Letters of Credit issued hereunder or any other of the Borrower's Obligations, and executed by or on behalf of the Borrower or any of its Subsidiaries, all as the same may from time to time be amended, modified, extended or renewed.

Third Party Collateral means, collectively, all collateral securing the obligations of tenants under the Real Property Leases, including all security deposits held by any Seller under any of the Real Property Leases.