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 “Charged Property” as defined in the U.K. 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 U.K. Borrowers (except CGHL) or will be granted in accordance with the requirements set forth in Section 5.10. For the avoidance of doubt, in no event shall U.K. Collateral include Excluded Collateral.

Examples of UK Collateral in a sentence

  • This Section is not for the benefit of or enforceable by any UK Obligor, and each UK Borrower irrevocably waives the right to direct the application of any payments or UK Collateral proceeds subject to this Section.

  • The UK Protective Advances shall be secured by the Liens in favor of the UK Collateral Agent in and to the Collateral owned by the UK Loan Parties and shall constitute UK Secured Obligations hereunder.

  • 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 such Borrower.

  • Id. at 489.John Doe 1 was born in Mexico, and had lived in Hazleton for six years at the time of trial.

  • Solely for purposes of determining the amount of UK Loans available for borrowing purposes, checks and cash or other immediately available funds from collections of items of payment and proceeds of any UK Collateral shall be applied in whole or in part against the UK Secured Obligations, on the Business Day after receipt, subject to actual collection.


More Definitions of UK Collateral

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 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 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 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 mean the “Collateral” as defined in the UK Debenture.
UK Collateral means any and all collateral securing the UK Guarantee Secured Obligations pursuant to the Charges (as defined in the UK Credit Agreement).