Common use of Acceptance of Trust Clause in Contracts

Acceptance of Trust. The Collateral Trustee, for itself and its successors, hereby accepts the trusts created by this Trust Agreement upon the terms and conditions hereof.

Appears in 4 contracts

Samples: Collateral Trust Agreement (Satelites Mexicanos Sa De Cv), First Priority Collateral Trust Agreement (Satelites Mexicanos Sa De Cv), Collateral Trust Agreement (Satelites Mexicanos Sa De Cv)

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Acceptance of Trust. The Collateral TrusteeTrustees, for itself themselves and its their respective successors, hereby accepts the Collateral Trust Estate and the trusts created by this Trust Agreement upon the terms and conditions hereof, including those contained in this Section 5.

Appears in 3 contracts

Samples: Collateral Trust Agreement (Consol Energy Inc), Credit Agreement (Consol Energy Inc), Revolving Credit Facility (Consol Energy Inc)

Acceptance of Trust. The Collateral Trustee, for itself and its successors, hereby accepts the trusts created by this Collateral Trust Agreement upon the terms and conditions hereof.

Appears in 3 contracts

Samples: Collateral Trust Agreement (Blockbuster Inc), Collateral Trust and Intercreditor Agreement (Istar Financial Inc), Collateral Trust Agreement (Blockbuster Inc)

Acceptance of Trust. The Collateral TrusteeTrustees, for itself themselves and its their respective successors, hereby accepts accept the Collateral Trust Estate and the trusts created by this Trust Agreement upon the terms and conditions hereof, including those contained in this Section 5.

Appears in 2 contracts

Samples: Collateral Trust Agreement (CONSOL Energy Inc), Collateral Trust Agreement (CNX Gas Corp)

Acceptance of Trust. The Collateral Trustee, for itself and its successors, hereby accepts the trusts trust created by this Collateral Trust and Security Agreement upon the terms and conditions hereof.

Appears in 2 contracts

Samples: Subordination Agreement (Telos Corp), Loan and Security Agreement (Telos Corp)

Acceptance of Trust. The Collateral Trustee, for itself and its successors, hereby accepts the trusts created by this Trust Agreement upon the terms and conditions hereof.

Appears in 2 contracts

Samples: Credit Agreement (General Motors Co), Composite Pledge, Security and Trust Agreement

Acceptance of Trust. The Collateral Trustee, for itself and its successors, hereby accepts the trusts created by this Trust Agreement upon the terms and conditions hereof, including those contained in this Article 3.

Appears in 2 contracts

Samples: Collateral Trust and Intercreditor Agreement (Wentworth J G & Co Inc), Collateral Trust and Intercreditor Agreement (Wentworth J G & Co Inc)

Acceptance of Trust. The Collateral Trustee, for itself and its successors, hereby accepts the trusts created by this Trust Agreement upon the terms and conditions hereof. The Trustee also hereby acknowledges and accepts its appointment to act as collateral trustee for the Lenders and the Indenture Trustee.

Appears in 2 contracts

Samples: Credit Agreement (Champion Enterprises Inc), Credit Agreement (Champion Enterprises Inc)

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Acceptance of Trust. The Collateral Trustee, for itself and its successors, hereby accepts (a) the trusts created by this Trust Agreement upon the terms and conditions hereof, and (b) the appointment by DOE, FFB and each holder of the Notes pursuant to Section 11.1 of the Arrangement Agreement, as agent under this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan Arrangement and Reimbursement Agreement (Tesla Motors Inc)

Acceptance of Trust. The Collateral Trustee, for itself and its successors, hereby accepts the trusts created by this Trust Agreement upon the terms and conditions hereof. The Collateral Trustee acknowledges that it shall hold the Instruments and any other type of "possessory" Collateral for the benefit of itself and for the benefit of the Secured Parties and the Issuer.

Appears in 1 contract

Samples: Collateral Trust and Security Agreement (Southern Peru LTD)

Acceptance of Trust. The Collateral Trustee, for itself himself and its his successors, hereby accepts the trusts trust created by this Trust Agreement upon the terms and conditions hereof. Further, the Collateral Trustee, for himself and his successors, does hereby declare that he will hold the Trust Estate upon the trusts herein set forth and for the benefit of all Approved Trade Creditor Accountholders.

Appears in 1 contract

Samples: Collateral Trust Agreement (Friedmans Inc)

Acceptance of Trust. The Collateral Trustee, for itself and its successors, hereby accepts the trusts trust created by this Trust Agreement upon the terms and conditions hereof. Further, the Collateral Trustee, for itself and its successors, does hereby declare that it will hold all of the estate, right, title and interest in the Collateral Trust Estate upon the trusts herein set forth and for the benefit of the Class 4 Creditors.

Appears in 1 contract

Samples: Note and Collateral Trust Agreement (Andover Togs Inc)

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