UK Collateral definition
UK Collateral means and include all “Collateral” (or any similarly defined term) as defined in the UK Security Agreement.
UK Collateral all Property of each UK Obligor described in any Security Document that secures the UK Obligations or UK Guaranteed Obligations and all other Property of each UK Obligor that now or hereafter secures (or is intended to secure) any UK Obligations or any UK Guaranteed Obligations.
UK Collateral means all the “Secured Assets” (as defined in the Initial UK Security Agreement) and all other property (whether real, personal or otherwise) with respect to which any security interests have been granted (or purported to be granted) by the UK Credit Parties or will be granted in accordance with the requirements set forth in Section 9.13.
Examples of UK Collateral in a sentence
The UK Revolver Loans, UK LC Obligations and other UK Obligations constitute one general obligation of UK Borrower and are secured by Agent’s Lien on all UK Collateral; provided, however, that Agent and each UK Lender shall be deemed to be a creditor of, and the holder of a separate claim against, UK Borrower to the extent of any UK Obligations jointly or severally owed by UK Borrower.
This Section is not for the benefit of or enforceable by any UK Obligor, and no UK Obligor has any right to direct the application of payments or UK Collateral proceeds subject to this Section.
More Definitions of UK Collateral
UK Collateral means all the “Collateral” (or equivalent term) as defined in each U.K. Security Document and all other property (whether real, personal or otherwise) with respect to which any security interests have been granted (or purported to be granted) by the English Credit Parties pursuant to any Security Document (including any Additional Security Documents) or will be granted in accordance with the requirements set forth in Section 9.12, Section 9.13 or Section 9.14.
UK Collateral means the Collateral pledged to UK Security Agent, for the benefit of the Secured Parties and any other holder of any Obligations pursuant to the UK Security Documents.
UK Collateral means Collateral owned by the UK Loan Parties.
UK Collateral means all assets of the UK Loan Parties constituting Collateral under the Security Documents, and the shares held in each UK Loan Party constituting Collateral under the Security Documents.
UK Collateral means all property (whether real, personal or otherwise) with respect to which any security interests have been granted (or purported to be granted) by the UK Loan Parties or will be granted in accordance with this Agreement.
UK Collateral means all of the assets (both real and personal) of Borrower and each of its Subsidiaries which are subject to liens or security interests described in the U.K. Security Documents.
UK Collateral has the meaning assigned to the term “Charged Property” in theeach UK Pledge Agreement. “UK Guarantor” means each of KFO Holdings and KWCP Holdings. “UK Pledge AgreementAgreements” means (i) the English law governed debenture dated on or around the date of this Agreement between Kudu, the UK Guarantors and the Administrative Agent and (ii) the English law governed supplementary debenture dated on or about the Fourth Amendment Effective Date between Kudu, the UK Guarantors and the Administrative Agent. -37- USActive 60444631.4 “UK Pledged Equity” has the meaning assigned to each of the terms “Partnership Interests” and “Shares” in theeach UK Pledge Agreement. “Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. “Underlying Agent” means, with respect to a Loan Asset, the servicer, the administrative agent or other similar agent for the lenders party to the Underlying Loan Agreement for such Loan Asset. “Underlying Agreement” means any Equity Investment Agreement or any Underlying Loan Agreement, as the context may require. “Underlying Collateral” means, with respect to a Loan Asset, any property or other assets pledged or mortgaged as collateral to secure repayment of such Loan Asset, including, all proceeds from any sale or other disposition of such property or other assets. “Underlying Loan Agreement” means, any credit agreement, indenture or other agreement or document pursuant to which a Loan Asset with respect to any loan or debt for borrowed money or note, as applicable, has been issued or created and each other agreement that governs the terms of or, if applicable, secures the obligations represented by such Loan Asset, including any co‐lender or servicing agreement entered into by an applicable Underlying Agent or Underlying Servicer and, in respect of the Australian Collateral, includes the Australian Equity Notes and the document entitled “Shareholders’ agreement – Channel Capital Pty Ltd” dated November 20, 2020 between Channel Capital Pty Ltd ACN 162 591 568, Kudu, ▇▇▇▇ Holding and ▇▇▇▇▇▇ ▇▇▇. “Underlying Obligor Default” means, with respect to any Eligible Portfolio Asset that is a Loan Asset following the Cut‐Off Date relating thereto, the occurrence of one or more of the following events (any of which, for the avoidance of doubt, may occur more than once): (a) an Obligor payment default has occurred and is continuing under such Loan Asset (after giving effect to a...