Common use of Agent for Holders Clause in Contracts

Agent for Holders. Secured Party is executing and delivering this Agreement, and accepting the security interests, rights, remedies, powers and benefits conferred upon Secured Party hereby, both for its own benefit and as agent for all present and future Holders of Secured Obligations. The provisions of the Credit Agreement and all rights, powers, immunities and indemnities granted to Secured Party under the Credit Agreement or any other Loan Document, or under any separate agreement made by or otherwise binding upon any Holder of Secured Obligations, shall apply in respect of such execution, delivery and acceptance and in respect of any and all actions taken or omitted by Secured Party under, in connection with or in respect of this Agreement.

Agent for Holders. Secured Party is executing and delivering this Agreement, and accepting the security interests, rights, remedies, powers and benefits conferred upon Secured Party hereby, both for its own benefit and as agent for all present and future Holders of Secured Obligations. The provisions of the Credit Term Loan Agreement and all rights, powers, immunities and indemnities granted to Secured Party under the Credit Term Loan Agreement or any other Loan Document, or under any separate agreement made by or otherwise binding upon any Holder of Secured Obligations, shall apply in respect of such execution, delivery and acceptance and in respect of any and all actions taken or omitted by Secured Party under, in connection with or in respect of this Agreement.

Agent for Holders. Secured Party is executing and delivering this Agreement, and accepting the security interests, rights, remedies, powers and benefits conferred upon Secured Party hereby, both for its own benefit and as agent for all present and future Holders of Secured Obligations. The provisions of the Credit Term Loan Agreement and all rights, powers, immunities and indemnities granted to Secured Party secured party under the Credit Term Loan Agreement or any other Loan Document, or under any separate agreement made by or otherwise binding upon any Holder of Secured Obligations, shall apply in respect of such execution, delivery and acceptance and in respect of any and all actions taken or omitted by Secured Party under, in connection with or in respect of this Agreement.