Common use of Actions under Collateral Documents Clause in Contracts

Actions under Collateral Documents. The Collateral Agent hereby irrevocably undertakes and agrees, on the terms and conditions set forth in this Agreement, to act as agent for the benefit exclusively of the present and future Noteholders, Additional Senior Secured Debt Holders, Swap Creditors and any other holders from time to time of the Finance Obligations and in such capacity to accept, hold, administer and enforce all collateral security at any time delivered to it by any Loan Party as security for the Finance Obligations and all rights, interests and powers at any time granted or enforceable in respect of such collateral security under the Collateral Documents or applicable law. Without limiting the generality of the foregoing, the Collateral Agent agrees that it will, as agent for the benefit exclusively of the present and future Noteholders, Additional Senior Secured Debt Holders, Swap Creditors and the other holders from time to time of the Finance Obligations, but subject to the terms and conditions hereof:

Appears in 2 contracts

Samples: Intercreditor and Collateral Agency Agreement, Intercreditor and Collateral Agency Agreement (Am-Pac Tire Dist. Inc.)

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Actions under Collateral Documents. The Collateral Agent hereby irrevocably undertakes and agrees, solely on the terms and conditions expressly set forth in this Agreement, to act as agent for the benefit exclusively of the present and future Noteholders, Additional Senior Secured Debt Holders, Swap Creditors Holders and any other holders from time to time of the Finance Obligations Obligations, and in such capacity to accept, hold, administer and enforce all collateral security at any time delivered to it by any Loan Note Party as security for the Finance Obligations and all rights, interests and powers at any time granted or enforceable in respect of such collateral security under the Collateral Documents or applicable law. Without limiting the generality of the foregoing, the Collateral Agent agrees that it will, as agent for the benefit exclusively of the present and future Noteholders, Additional Senior Secured Debt Holders, Swap Creditors and the other holders from time to time of the Finance Obligations including holders of the Tranche 2 Sub-Facility Obligations, but subject to the terms and conditions hereof:

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Dominion Textile (Usa), L.L.C.)

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Actions under Collateral Documents. The Collateral Agent hereby irrevocably undertakes and agrees, on the terms and conditions set forth in this Agreement, to act as agent for the benefit exclusively of the present and future Bridge Lenders, Noteholders, Additional Senior Secured Debt Holders, Swap Creditors and any other holders from time to time of the Finance Obligations and in such capacity to accept, hold, administer and enforce all collateral security at any time delivered to it by any Loan Party as security for the Finance Obligations and all rights, interests and powers at any time granted or enforceable in respect of such collateral security under the Collateral Documents or applicable law. Without limiting the generality of the foregoing, the Collateral Agent agrees that it will, as agent for the benefit exclusively of the present and future Bridge Lenders, Noteholders, Additional Senior Secured Debt Holders, Swap Creditors and the other holders from time to time of the Finance Obligations, but subject to the terms and conditions hereof:

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Apria Healthcare Group Inc)

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