Notes Collateral definition

Notes Collateral means all property subject, or purported to be subject from time to time, to a Lien under any Security Documents.

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Notes Collateral means any and all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any Notes Obligations.

Notes Collateral means the portion of the Collateral as to which the Notes and the Guarantees have a first-priority security interest (subject to any Permitted Liens).

Examples of Notes Collateral in a sentence

The Notes Collateral Agent will not be liable to any person for any environmental claims or any environmental liabilities or contribution actions under any federal, state or local law, rule or regulation by reason of the Notes Collateral Agent’s actions and conduct as authorized, empowered and directed hereunder or relating to any kind of discharge or release or threatened discharge or release of any hazardous materials into the environment.
No purchaser or grantee of any property or rights purporting to be released shall be bound to ascertain the authority of the Trustee or the Notes Collateral Agent to execute the release or to inquire as to the existence of any conditions herein prescribed for the exercise of such authority.
If the Issuer elects to give the Trustee or the Notes Collateral Agent Instructions using Electronic Means and the Trustee or the Notes Collateral Agent, as applicable, in its discretion elects to act upon such Instructions, the Trustee’s or the Notes Collateral Agent’s, as applicable, understanding of such Instructions shall be deemed controlling.
The Grantors shall immediately notify the Trustee and Notes Collateral Agent in writing whenever any such separate insurance policy is obtained and shall promptly deliver to the Trustee and Notes Collateral Agent the insurance policy or insurance certificate evidencing such insurance.
The Issuer understands and agrees that neither the Trustee nor the Notes Collateral Agent can determine the identity of the actual sender of such Instructions and that the Trustee or the Notes Collateral Agent, as applicable, shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee and the Notes Collateral Agent have been sent by such Authorized Officer.

More Definitions of Notes Collateral

Notes Collateral means all property subject, or purported to be subject from time to time, to a Lien under any Security Documents. The Notes Collateral does not include the Excluded Assets. The Notes Collateral includes any license described in the last sentence of Section 4.14.

Notes Collateral means (i) at any time that there is no ABL Facility in place, all Collateral and (ii) at any time that there is an ABL Facility in place subject to the Collateral Trust and Agency Agreement, all Collateral other than ABL Collateral..

Notes Collateral means all now owned or hereafter acquired Collateral other than the Revolving Credit Primary Collateral, including, without limitation:

Notes Collateral shall include (as provided in Section 3.4 below) identifiable proceeds (including lease payments under leases of Equipment) of Notes Collateral that are deposited or held in any Deposit Accounts or Securities Accounts, in each case other than the Net Cash Proceeds Account, after an Enforcement Notice, except to the extent that the Notes Collateral Agent has been provided with a Net Cash Proceeds Letter of Credit, in connection with the receipt by any Grantor of, and in the amount of, such identifiable proceeds in which case the term “Notes Collateral” shall not include such identifiable proceeds.

Notes Collateral means “Noteholder First Lien Collateral” as defined in the Intercreditor Agreement.

Notes Collateral means the rights, property and assets securing the Notes and the Note Guarantees and any rights, property or assets over which a Security Interest has been granted to secure the Obligations of the Issuer and the Guarantors under the Notes, the Note Guarantees and this Indenture.

Notes Collateral means “Notes Priority Collateral” as such term is defined in the Intercreditor Agreement.

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