Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected 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 7 contracts
Samples: Collateral Agency and Intercreditor Agreement, Collateral Trust Agreement, Indenture (Primus Telecommunications Group Inc)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Debt Obligations.
Appears in 7 contracts
Samples: Indenture (EFIH Finance Inc.), Indenture (Energy Future Intermediate Holding CO LLC), Collateral Trust Agreement (EFIH Finance Inc.)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Parity Lien Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Parity Lien Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Parity Lien Obligations.
Appears in 6 contracts
Samples: Collateral Trust Agreement (SM Energy Co), Collateral Trust Agreement (Linn Energy, LLC), Collateral Trust Agreement (Exco Resources Inc)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders Secured Parties and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured ObligationsParties.
Appears in 5 contracts
Samples: Collateral Trust Agreement (INNOVATE Corp.), Collateral Trust Agreement (Valaris LTD), Collateral Trust Agreement
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected 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 4 contracts
Samples: Refinancing Amendment and Successor Administrative Agent Agreement (MRC Global Inc.), Term Loan Credit Agreement (MRC Global Inc.), Collateral Trust Agreement (Unisys Corp)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Instructing Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured ObligationsDebtholders.
Appears in 4 contracts
Samples: Collateral Trust Agreement (Midwest Generation LLC), Collateral Trust and Intercreditor Agreement (Entravision Communications Corp), Collateral Trust Agreement (Midwest Generation LLC)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed in writing by an Act of Required Debtholders the Controlling Priority Debt Representative and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Priority Obligations.
Appears in 4 contracts
Samples: Collateral Trust Agreement, Collateral Trust Agreement (Chesapeake Energy Corp), Collateral Trust Agreement (Chesapeake Energy Corp)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed in writing by an Act of Required Parity Lien Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Parity Lien Obligations.
Appears in 4 contracts
Samples: Collateral Trust Agreement, Indenture (CONSOL Mining Corp), Collateral Trust Agreement (Vanguard Natural Resources, Inc.)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Parity Lien Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Parity Lien Debtholders in accordance with this Agreement and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Parity Lien Obligations.
Appears in 3 contracts
Samples: Collateral Trust Agreement and Security and Pledge Agreement (Calumet Specialty Products Partners, L.P.), Collateral Trust Agreement (Calumet Specialty Products Partners, L.P.), Collateral Trust Agreement (Calumet Specialty Products Partners, L.P.)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders Secured Parties and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured ObligationsParties.
Appears in 3 contracts
Samples: Collateral Trust Agreement (Endo International PLC), Second Lien Collateral Trust Agreement (Endo International PLC), Indenture (Endo International PLC)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Parity Lien Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Parity Lien Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Parity Lien Obligations.
Appears in 2 contracts
Samples: Collateral Trust Agreement (Chesapeake Energy Corp), Collateral Trust Agreement (Chesapeake Energy Corp)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected if it does so, without limiting the effect of the provisions of this Article 5, 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: Collateral Trust Agreement (Terremark Worldwide Inc.), Collateral Trust Agreement (Leap Wireless International Inc)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security DocumentsAgreement, the Collateral Trustee will shall act or refrain from acting as directed by an Act of Required Instructing Debtholders and will shall be fully protected 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: Collateral Trust Agreement (NRG Energy, Inc.), Collateral Trust Agreement (NRG Energy Inc)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Debt Obligations.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Delta Air Lines Inc /De/), Collateral Trust Agreement (GXS Investments, Inc.)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders Secured Parties and will be fully protected 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: Collateral Trust Agreement (Carmike Cinemas Inc), Collateral Trust Agreement (Carmike Cinemas Inc)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Parity Lien Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Parity Lien Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Parity Lien Obligations. The Collateral Trustee shall not be liable for any action it takes or omits to take in accordance with an Act of Parity Lien Debtholders.
Appears in 2 contracts
Samples: Collateral Trust Agreement (Exco Resources Inc), Collateral Trust Agreement (Exco Resources Inc)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other First Lien Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required First Lien Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured First Lien Obligations.
Appears in 2 contracts
Samples: Collateral Trust and Intercreditor Agreement, Collateral Trust and Intercreditor Agreement (CVR Energy Inc)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Parity Lien Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured ObligationsParties.
Appears in 2 contracts
Samples: Collateral Trust Agreement (Viasystems Group Inc), Collateral Trust Agreement (Viasystems Inc)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Priority Lien Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the all holders of Secured Priority Lien Obligations.
Appears in 1 contract
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Secured Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the all holders of Secured Obligations.
Appears in 1 contract
Samples: Collateral Trust and Intercreditor Agreement (Par Pacific Holdings, Inc.)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Collateral Trust Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders Collateral Trust Holders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Collateral Trust Secured ObligationsParties.
Appears in 1 contract
Samples: Collateral Trust Agreement (Harland Clarke Holdings Corp)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders Creditors and will be fully protected 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 1 contract
Samples: Collateral Trust Agreement (Belden & Blake Corp /Oh/)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected 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 1 contract
Samples: Collateral Trust Agreement (Builders FirstSource, Inc.)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will shall act or refrain from acting as directed by an Act of Required Instructing Debtholders and will shall be fully protected if it does soso , and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured ObligationsDebtholders.
Appears in 1 contract
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Parity Lien Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Parity Lien Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Parity Lien Obligations.
Appears in 1 contract
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Junior Lien Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the all holders of Secured Junior Lien Obligations.
Appears in 1 contract
Samples: Second Lien Collateral Trust Agreement (CSI Compressco LP)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed in writing by an Act of Required Debtholders (or an act of Required Junior Lien Debtholders to the extent provided herein) and will be fully protected 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 1 contract
Samples: Collateral Trust Agreement (Satelites Mexicanos Sa De Cv)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Collateral Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders Secured Parties and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured ObligationsParties.
Appears in 1 contract
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured First Lien Obligations.
Appears in 1 contract
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security DocumentsAgreement, the Collateral Trustee will shall act or refrain from acting as directed by an Act of Required Secured Debtholders and will shall be fully protected 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 1 contract
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders the Administrative Agent or Crest and will be fully protected 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 1 contract
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Parity Lien Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders Secured Parties and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Parity Lien Secured ObligationsParties.
Appears in 1 contract
Samples: Collateral Trust Agreement (Alliance One International, Inc.)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Parity Secured Obligations.
Appears in 1 contract
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Debt Obligations. The Collateral Trustee shall have no duty or responsibility to see to or monitor the performance of the Issuers and the Guarantors under the Security Documents.
Appears in 1 contract
Samples: Collateral Trust Agreement (American Casino & Entertainment Properties LLC)
Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the other Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Debtholders and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or thereto shall be binding on the holders of Secured Pari Passu Lien Obligations.
Appears in 1 contract
