Effective Date Collateral definition

Effective Date Collateral is amended by deleting the words “Effective Date” appearing therein and replacing them with “Eighth Amendment Effective Date”.
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Effective Date Collateral means all of the following: (i) Collateral in which a security interest may be perfected solely by the filing of a financing statement under the UCC, (ii) with respect to Collateral consisting of Equity Interests in Domestic Subsidiaries, such Collateral in which a security interest may be perfected by the delivery of a stock certificate representing such Collateral, and (iii) such other Collateral if the creation and perfection of a security interest therein can reasonably be accomplished prior to the Effective Date after use of commercially reasonable efforts to do so without undue delay, burden or expense.
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Effective Date Collateral. Eligible Additional Collateral," "Eligible AT&T Collateral," "Eligible Collateral," "Eligible Deposited Assets," "Eligible Lucent Collateral," "Eligible Maintenance Collateral," "Eligible NCR Collateral," "Eligible Nextel Collateral", Eligible Nextel Qualified Collateral", "Eligible Supplemental Collateral," "Facility A Cash Collateral," "Facility A Cash Collateral Value," "Facility A Collateral," "Facility A Loans," "Facility A Primary Collateral," "Facility A Primary Collateral Value," "Facility B Cash Collateral," "Facility B Cash Collateral Value," "Facility B Collateral," "Facility B Loans," "Facility B Primary Collateral," "Facility B Primary Collateral Value," "Nextel Collateral Value", "Opposing Banks," "Primary Collateral," "Primary Collateral Value," "Required A Banks," "Required B Banks," "Required Banks," "Secondary Support" and "Secondary Support Value", (e) waive any of the documentary conditions precedent set forth in Section 4.01 hereof, (f) amend Section 2.01(e), Section 2.01(g) or Section 2.05, or (g) release any Collateral other than as expressly provided in this Agreement and the Pledge Agreements, and PROVIDED, FURTHER that no amendment, modification or waiver shall, unless an instrument signed by all of the Facility A Banks or all of the Facility B Banks (as the case may be) or by the Agent acting with the consent of all of the Banks under the relevant Facility, increase or extend the term, or extend the time or waive any requirement for the reduction or termination, of the Facility A Commitments or the Facility B Commitments, or reduce the amount of any payment of principal on any Facility A Loan or Facility B Loan or the rate at which interest is payable thereon or any fee payment hereunder, and PROVIDED, FURTHER, that no amendment, modification or waiver shall, unless an instrument signed by all of the Facility A Banks or by the Agent acting with the consent of all of the Banks under Facility A, increase the Credit Limit of any Third Party Pledgor, and PROVIDED, FURTHER, that any amendment of Article 9 hereof or any amendment which increases the obligations of the Agent hereunder shall require the consent of the Agent. No failure on the part of the Agent or any Bank to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof or preclude any other or further exercise thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by...
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Examples of Effective Date Collateral in a sentence

  • The Fourth Restatement Effective Date Collateral Requirement shall have been satisfied (subject to clause (c)(vi) below), and the Administrative Agent shall have received all the documents required thereby.

  • The Fifth Restatement Effective Date Collateral Requirement shall have been satisfied (subject to clause (c)(vi) below), and the Administrative Agent shall have received all the documents required thereby.

  • If the Company is unable after the use of commercially reasonable efforts to deliver on the Restatement Effective Date Collateral Documents otherwise required to be delivered under Section 7.1(a)(ii)(E) covering shares of the outstanding capital stock of ▇▇▇▇▇ Aerospace Europe S.A.R.L. and CMP SAS, the Company shall deliver such Collateral Documents within 45 days after the Restatement Effective Date or such longer period as may be agreed by the Administrative Agent.

  • As of the Effective Date, Collateral Agent and each Lender hereby agrees that Borrower’s insurance coverage is satisfactory for the purposes herein.

  • Borrower hereby agrees that on or after the Effective Date Collateral Agent and each Lender may make a public announcement of the transactions contemplated by this Agreement, and may publicize the same in marketing materials, newspapers and other publications, and otherwise, and in connection therewith may use Borrower’s name, tradenames and logos.

  • For seven (7) years from the Effective Date, Collateral shall keep Schering informed in writing of all research, technology and know how with respect to potential products outside the Field for which Developed Technology was used or useful.

  • For purposes of the foregoing, the assets described on Schedule 5.24 (collectively, the “SCF Assets”) are not legally or beneficially owned by or held for the benefit of any Borrower or Subsidiary and therefore are not part of the Amendment Effective Date Collateral (notwithstanding the fact that the transfer of such assets has not yet been settled unless the physical transfer of such assets has not occurred within 60 days of the date of Amendment No. 1).

  • For the period beginning after seven (7) years after the Effective Date through the tenth (10th) anniversary of the Effective Date, Collateral grants Schering the right of first offer.

  • The Amendment Effective Date Collateral constitutes any and all loans, bonds, instruments, securities, and financial assets (excluding cash and Cash Equivalents that have been deposited into a Pledged Account) directly or indirectly, legally or beneficially owned by or held for the benefit of one or more Borrowers or their respective Subsidiaries as of the Amendment Effective Date, and such Amendment Effective Date Collateral is subject to the Lien of the Security Agreement.

  • Description of rented or leased premises: Date of Lease: Resident: Name of receiver and/or lessor: ▇▇▇▇ ▇▇▇▇ I/we agree that the above description is correct and complete Resident’s Signature: Date: Date: To: From: This notice that on (date) the undersigned intends to move from the residence at(address) The undersigned understands that the lease/rental agreement requires 30 days of advance notice.


More Definitions of Effective Date Collateral

Effective Date Collateral means all of the following: (i) Collateral in which a security interest may be perfected solely by the filing of a financing statement under the UCC, (ii) with respect to Collateral consisting of Equity Interests in Domestic Subsidiaries, such Collateral in which a security interest may be perfected by the delivery of an equity certificate representing such Collateral, (iii) with respect to Collateral consisting of intellectual property registered in the applicable office, such Collateral in which a security interest may be perfected by the filing of short-form security agreements or confirmatory grants with the United States Patent and Trademark Office or the United States Copyright Office, as applicable and (iv) such other Collateral if the creation and perfection of a security interest therein can reasonably be accomplished prior to the Effective Date after use of commercially reasonable efforts to do so without undue delay, burden or expense.
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Effective Date Collateral means the sum of (x) 75% of the Primary Collateral Value of the Primary Collateral held by the Agent under the Pledge Agreements on the Effective Date, (y) the Secondary Support Value of any Secondary Support held by the Agent on the Effective Date and (z) the Nextel Collateral Value on the Effective Date.
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Related to Effective Date Collateral

  • DIP means debtor-in-possession.

  • Applicable Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Collateral Agent for the Series of First Lien Obligations represented by the Major Non-Controlling Representative.

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.