Common use of Additional Collateral Agents Clause in Contracts

Additional Collateral Agents. (a) The Collateral Agent may at any time appoint (and subsequently remove) any Person to act as a separate trustee or as a co-trustee jointly with it:

Appears in 2 contracts

Samples: Secured Note (Flyexclusive Inc.), Senior Secured Note (Flyexclusive Inc.)

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Additional Collateral Agents. (a) The Collateral Agent may at any time appoint (and subsequently remove) any Person person to act as a separate trustee or as a co-trustee jointly with it:

Appears in 2 contracts

Samples: Intercreditor Agreement (Selina Hospitality PLC), Intercreditor Agreement (Selina Hospitality PLC)

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Additional Collateral Agents. (a) The Collateral Agent may at any time appoint (and subsequently remove) any Person person to act as a separate trustee or as a co-trustee jointly with it:it (i) if it considers that appointment to be appropriate or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Collateral Agent deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Collateral Agent shall give prior notice to the Borrower and each of the Agents of that appointment.

Appears in 1 contract

Samples: Credit Agreement Document (Integra Leasing As)

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