Actions by Collateral Agent. As to any matter not expressly provided for by this Agreement, the Collateral Agent shall act or refrain from acting as directed by the Directing Creditors and shall be fully protected in doing so.
Appears in 7 contracts
Samples: Intercreditor and Collateral Agency Agreement, Intercreditor and Collateral Agency Agreement, Intercreditor and Collateral Agency Agreement (Apria Healthcare Group Inc)
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Security Documents, the Collateral Agent shall will act or refrain from acting as directed by the Directing Creditors an Act of Required Secured Parties and shall will be fully protected in doing if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the Secured Parties.
Appears in 6 contracts
Samples: Parity Lien Intercreditor Agreement, Parity Lien Intercreditor Agreement (Constellium N.V.), First Lien Credit and Guaranty Agreement (Alion Science & Technology Corp)
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Operative Agreements, the Collateral Agent shall will act or refrain from acting as directed by the Directing Creditors a Securityholder Instruction and shall will be fully protected in doing if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Obligations.
Appears in 2 contracts
Samples: Security and Collateral Agency Agreement, Security and Collateral Agency Agreement (Expressjet Holdings Inc)
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Transaction Documents, the Collateral Agent shall will act or refrain from acting as directed by the Directing Creditors Required Holders and shall will be fully protected in doing if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on all Holders.
Appears in 2 contracts
Samples: Collateral Agency and Security Agreement (Firepond, Inc.), Security Agreement (Firepond, Inc.)
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Collateral Documents, the Collateral Agent shall will act or refrain from acting as directed by the Directing Creditors an Act of Instructing Debtholders and shall will be fully protected in doing if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the Secured Debtholders.
Appears in 2 contracts
Samples: Collateral Trust Agreement (Banro Corp), Collateral Trust Agreement (Banro Corp)
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Security Documents, the Collateral Agent shall will act or refrain from acting as directed by the Directing Creditors an Act of Required Secured Debtholders and shall will be fully protected in doing if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on all holders of Secured Obligations.
Appears in 2 contracts
Samples: Collateral Trust and Intercreditor Agreement, Collateral Trust and Intercreditor Agreement (Northern Tier Retail LLC)
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Security Documents, the Collateral Agent shall will act or refrain from acting as directed in writing by the Directing Creditors Controlling Representative and shall will be fully protected in doing if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of First Lien Obligations.
Appears in 1 contract
Samples: Collateral Agency Agreement (HighPeak Energy, Inc.)
Actions by Collateral Agent. As to any matter not expressly provided for by this Agreement, the Collateral Agent shall will act or refrain from acting as directed by the Directing Creditors an Act of Required Debtholders and shall will be fully protected if it does so; provided, however, that the Collateral Agent shall not be required to take any action which shall expose the Collateral Agent to personal liability against which it is not indemnified in doing soa manner reasonably satisfactory to it or which is contrary to this Agreement, any other Security Document or applicable law.
Appears in 1 contract
Samples: Collateral Trust Agreement (ICO Global Communications (Holdings) LTD)
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Note Lien Security Documents, the Collateral Agent shall may act or refrain from acting as directed by the Directing Creditors Required Note Lien Debtholders and shall will be fully protected in doing if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on all Secured Parties as holders of Note Lien Obligations.
Appears in 1 contract
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Security Documents, the Collateral Agent shall will act or refrain from acting as directed by an Act of the Directing Creditors Secured Debtholders or Act of the Administrative Agent, as the case may be, and shall will be fully protected in doing so, and any action taken, suffered or omitted pursuant hereto or thereto shall be binding on the holders of the Secured Obligations.
Appears in 1 contract
Samples: Collateral Agency Agreement (Offshore Logistics INC)
Actions by Collateral Agent. As to any matter not expressly provided for by this Agreement, the Collateral Agent shall act or refrain from acting as directed by the Directing Creditors Noteholders and shall be fully protected in doing so.
Appears in 1 contract
Samples: Collateral Agency Agreement (IMI of Arlington, Inc.)
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Security Documents or Loan Documents, the Collateral Agent shall will act or refrain from acting as directed by the Directing Creditors an Act of Required Lenders and shall will be fully protected in doing if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Obligations.
Appears in 1 contract
Samples: Pledge and Security Agreement (Communication Intelligence Corp)
Actions by Collateral Agent. As to any matter not expressly provided for by this Agreement, the Collateral Agent shall act or refrain from acting as directed by Act of the Directing Creditors Secured Debtholders and shall be fully protected in doing so.
Appears in 1 contract
Samples: Collateral Agency Agreement (Tesoro Petroleum Co Inc)
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Security Documents, the Collateral Agent shall will act or refrain from acting as directed by the Directing Creditors an Act of Required Debtholders and shall will be fully protected in doing if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Obligations.
Appears in 1 contract
Actions by Collateral Agent. As to any matter not expressly provided for by this AgreementAgreement or the other Security Instruments, the Collateral Agent shall will act or refrain from acting as directed in writing by the Directing Creditors Controlling Priority Lien Representative and shall will be fully protected in doing if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Priority Lien Obligations.
Appears in 1 contract
Actions by Collateral Agent. As to any matter not expressly provided for by this Agreement, the Collateral Agent shall will act or refrain from acting as directed by the Directing Creditors an Act of Required Debtholders and shall will be fully protected in doing if it does so; provided, however, that the Collateral Agent shall not be required to take any action which shall expose the Collateral Agent to personal liability or which is contrary to this Agreement, any other Security Document or applicable law.
Appears in 1 contract
Samples: Collateral Trust and Intercreditor Agreement (Delta Energy Center, LLC)
