Inconsistent Terms definition
Inconsistent Terms means, with respect to the Loans or Loan Documentation, terms or conditions thereof that (i) are inconsistent with the terms of the Transaction Documents or the Preferred Stock or (ii) would require the grant of any security interest in an asset of VI or any of its Affiliates (other than (x) a grant by Old VII of a security interest in the Cash Collateral Account prior to the Exchange Time, (y) the pledge by Old VII or any Cable Division Subsidiary of stock in a Cable Division Subsidiary that is effective upon (but not before) the release of all funds to Old VII from the Cash Collateral Account or (z) pursuant to Section 2.17 of the Implementation Agreement, in each case consistent with the terms of the Transaction Documents).
Inconsistent Terms shall have the meaning specified in the Parents Agreement.