Common use of Rights with respect to Collateral Clause in Contracts

Rights with respect to Collateral. Each of the Secured Party and the Agent hereby agree (i) that it shall not, and shall not attempt to, exercise any rights with respect to its security interest in the Collateral, whether pursuant to any other agreement or otherwise (other than pursuant to this Agreement), or take or institute any action against the other party in respect of the Collateral or its rights hereunder (other than any such action arising from the breach of this Agreement) and (ii) that such Secured Party has no other rights with respect to the Collateral other than as set forth in this Agreement and the other Transaction Documents. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be discharged from its duties and obligations under the Agreement. After any retiring Agent’s resignation or removal hereunder as Agent, the provisions of the Agreement including this Annex B shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent.

Rights with respect to Collateral. Each of the Secured Party Purchaser agrees with all other Purchasers and the Agent hereby agree (i) that it shall not, and shall not attempt to, exercise any rights with respect to its security interest in the Collateral, whether pursuant to any other agreement or otherwise (other than pursuant to this Agreement), or take or institute any action against the Agent or any of the other party Purchasers in respect of the Collateral or its rights hereunder (other than any such action arising from the breach of this Agreement) and (ii) that such Secured Party Purchaser has no other rights with respect to the Collateral other than as set forth in this Agreement and the other Transaction DocumentsAgreement. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be discharged from its duties and obligations under the Agreement. After any retiring Agent’s resignation or removal hereunder as Agent, the provisions of the Agreement including this Annex B shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent.

Rights with respect to Collateral. Each of the The Secured Party and the Agent hereby agree (i) that other than pursuant to this Agreement, it shall not, and shall not attempt to, exercise any rights with respect to its security interest in the Collateral, whether pursuant to any other agreement or otherwise (other than pursuant to this Agreement)otherwise, or take or institute any action against the other party Agent or the Secured Party in respect of the Collateral or its rights hereunder (other than any such action arising from the breach of this Agreement) and (ii) that such the Secured Party has no other rights with respect to the Collateral other than as set forth in this Agreement and the other Transaction Documents. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be discharged from its duties and obligations under the Agreement. After any retiring Agent’s resignation or removal hereunder as Agent, the provisions of the Agreement including this Annex B shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent.

Rights with respect to Collateral. Each of the Secured Party Purchaser agrees with all other Purchasers and the Agent hereby agree (i) that it shall not, and shall not attempt to, exercise any rights with respect to its any security interest in the Collateral, whether pursuant to any other agreement or otherwise (other than pursuant to this Agreementthe Transaction Documents), or take or institute any action against the Agent or any of the other party Purchasers in respect of the Collateral or its rights hereunder (other than any such action arising from the breach of this Agreementthe Transaction Documents) and (ii) that such Secured Party Purchaser has no other rights with respect to the Collateral other than as set forth in this Agreement and the other Transaction Documents. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be discharged from its duties and obligations under the AgreementTransaction Documents. After any retiring Agent’s resignation or removal hereunder as Agent, the provisions of the Agreement Transaction Documents including this Annex B A shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent.

Rights with respect to Collateral. Each of the Secured Party Lender agrees with all other Lenders and the Agent hereby agree (ia) that it shall not, and shall not attempt to, exercise any rights with respect to its security interest in the Collateral, whether pursuant to any other agreement or otherwise (other than pursuant to this Agreement), or take or institute any action against the Agent or any of the other party Lenders in respect of the Collateral or its rights hereunder (other than any such action arising from the breach of this Agreement) and (iib) that such Secured Party Lender has no other rights with respect to the Collateral other than as set forth in this Agreement and the other Transaction Facility Documents. Upon the acceptance of any appointment as the Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be discharged from its duties and obligations under the Agreement. After any retiring Agent’s resignation or removal hereunder as the Agent, the provisions of the Agreement including this Annex B C shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Agent.

Rights with respect to Collateral. Each of the Secured Party Holder agrees with all other Holders and the Agent hereby agree (i) that it shall not, and shall not attempt to, exercise any rights with respect to its security interest in the Collateral, whether pursuant to any other agreement or otherwise (other than pursuant to this Agreement), or take or institute any action against the Agent or any of the other party Holders in respect of the Collateral or its rights hereunder (other than any such action arising from the breach of this Agreement) and (ii) that such Secured Party Holder has no other rights with respect to the Collateral other than as set forth in this Agreement and the other Transaction Documents. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be discharged from its duties and obligations under the Agreement. After any retiring Agent’s resignation or removal hereunder as Agent, the provisions of the Agreement including this Annex B Schedule D shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent.