PostPetition Collateral

PostPetition Collateral. Shall mean, collectively, all of the following property of Chapter 11 Borrower's estate, whether now existing or hereafter acquired, wherever located, upon which Lender is granted a security interest or lien pursuant to the Financing Agreements or the Financing Order or any other order entered or issued by the Bankruptcy Court, and shall include, without limitation, all of the following property of Chapter 11 Borrower: (1) all of the Collateral (as defined in the Loan ... Agreement); (2) all present and future Accounts; (3) all present and future acquired Inventory; and (4) all Documents of Title. View More

PostPetition Collateral. Shall mean any of the Collateral acquired by any of the Credit Parties after the commencement of an Insolvency Proceeding.

PostPetition Collateral. Shall mean, collectively, all now existing and hereafter acquired real and personal property of Borrower's estate, wherever located, of any kind, nature or description, including any such property in which a lien is granted to Agent and Lenders pursuant to the Loan Documents, the Financing Order or any other order entered or issued by the Bankruptcy Court, and shall include, without limitation: (i) all of the Pre-Petition Collateral; (ii) all Accounts; (iii) all General Intangibles,... including, without limitation, all intellectual property; (iv) all goods, including, without limitation, all Inventory and all Equipment; (v) all Real Property and fixtures; (vi) all Leaseholds; (vii) all Chattel Paper, including, without limitation, all tangible and electronic chattel paper; (viii) all instruments, including, without limitation, all promissory notes; (ix) all documents; (x) all deposit accounts; 3 (xi) all letters of credit, banker's acceptances and similar instruments and including all letter-of-credit rights; (xii) all supporting obligations and all present and future liens, security interests, rights, remedies, title and interest in, to and in respect of Receivables and other Collateral, including, without limitation, (A) rights and remedies under or relating to guaranties, contracts of suretyship, letters of credit and credit and other insurance related to the Collateral, (B) rights of stoppage in transit, replevin, repossession, reclamation and other rights and remedies of an unpaid vendor, lienor or secured party, (C) goods described in invoices, documents, contracts or instruments with respect to, or otherwise representing or evidencing, Receivables or other Collateral, including returned, repossessed and reclaimed goods, and (D) deposits by and property of account debtors or other persons securing the obligations of account debtors; (xiii) all (A) investment property (including securities, whether certificated or uncertificated, securities accounts, security entitlements, commodity contracts or commodity accounts) and (B) monies, credit balances, deposits and other property of Borrower now or hereafter held or received by or in transit to Agent, any Lender or their respective Affiliates or at any other depository or other institution from or for the account of Borrower, whether for safekeeping, pledge, custody, transmission, collection or otherwise; (xiv) all commercial tort claims; (xv) all claims, rights, interests, assets and properties (recovered by or on behalf of Borrower or any trustee of Borrower (whether in the Chapter 11 Case or any subsequent case to which the Chapter 11 Case is converted), including, without limitation, all property recovered as a result of transfers or obligations avoided or actions maintained or taken pursuant to Sections 544, 545, 547, 548, 549, 550, 551 and 553 of the Bankruptcy Code; (xvi) all books, records, and information relating to the Collateral and/or to the operation of the Borrower's business, and all rights of access to such books, records, and information, and all property in which such books, records, and information are stored, recorded, and maintained; and (xvii) all products and proceeds of the foregoing, in any form, including insurance proceeds and all claims against third parties for loss or damage to or destruction of or other involuntary conversion of any kind or nature of any or all of the other Collateral. Notwithstanding the foregoing, the "Post-Petition Collateral" shall not include the real property located at 1008 Highway 501, Myrtle Beach, South Carolina. View More