Second Lien Collateral means all “Collateral”, as defined in any Second Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Second Lien Obligations.
Second Lien Collateral means 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 Second Lien Obligations.
Second Lien Collateral means all of the assets and property of any Loan Party, whether real, personal or mixed, with respect to which a Lien is granted or purported to be granted as security for any Second Lien Obligations.
Examples of Second Lien Collateral in a sentence
Notwithstanding the foregoing, the Company or any Subsidiary Guarantor may consummate any Collateral Asset Sale of any Second Lien Collateral that is permitted pursuant to the terms of any Credit Facility secured by a Permitted Senior Lien on such Second Lien Collateral.
The Notes may be subject to redemption from time to time prior to their maturity pursuant to a First Lien Collateral Asset Sale Redemption, a Second Lien Collateral Asset Sale Redemption or an Event of Loss Redemption, in each case, pursuant to and subject to the terms of Section 10.11 of the Indenture.
More Definitions of Second Lien Collateral
Second Lien Collateral means any “Collateral,” “Pledged Collateral” or similar term as defined in any Second Lien Debt Document or any other assets of the Company or any Guarantor with respect to which a Lien is granted, purported to be granted or required to be granted pursuant to a Second Lien Debt Document as security for any Second Lien Obligations and shall include any property or assets subject to replacement Liens or adequate protection Liens in favor of any Second Lien Claimholder.
Second Lien Collateral means all of the assets of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted (or purported to be granted) as security for any Second-Lien Obligations.
Second Lien Collateral means all of the assets of the Debtor, whether real, personal, or mixed, with respect to which a Lien is granted (or purported to be granted) as security for any Second Lien Debt, including all proceeds and products thereof.
Second Lien Collateral shall consist of a pledge by PIC AU Holdings LLC, a Delaware limited liability company, of 100% of the equity interest of PIC Acquisition Corp., a Delaware corporation, and all other assets securing the Co-Issuer Notes, subject to Liens permitted by the Co-Issuer Notes Indenture as in effect on the Issue Date and without giving effect to subsequent amendments or supplements thereto.
Second Lien Collateral means the “Collateral” as defined in the Existing Second Lien Note Agreement.
Second Lien Collateral means all assets and property in which a security interest is granted to secure the Second Lien Notes.
Second Lien Collateral means collectively, all of the Collateral (as defined in the Second Lien Notes Indenture).