Common use of Agent under Collateral Documents and Guaranty Clause in Contracts

Agent under Collateral Documents and Guaranty. Each Lender hereby further authorizes Administrative Agent or Collateral Agent, as applicable, on behalf of and for the benefit of Lenders, to be the agent for and representative of Lenders with respect to the Guaranty, the Collateral and the Collateral Documents. Subject to Section 10.5, without further written consent or authorization from Lenders, each of Administrative Agent and Collateral Agent, as applicable may execute any documents or instruments necessary to (i) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted hereby or to which Requisite Lenders (or such other Lenders as may be required to give such consent under Section 10.5) have otherwise consented or (ii) release any Guarantor from the Guaranty pursuant to Section 7.13 or with respect to which Requisite Lenders (or such other Lenders as may be required to give such consent under Section 10.5) have otherwise consented. 141

Agent under Collateral Documents and Guaranty. Each Lender hereby further authorizes Administrative Agent or Collateral Agent, as applicable, on behalf of and for the benefit of Lenders, to be the agent for and representative of Lenders with respect to the Guaranty, the Collateral and the Collateral Documents. Subject to Section 10.511.5, without further written consent or authorization from Lenders, each Collateral Agent is authorized to, and at the request of Administrative Agent and Collateral Agentthe Company shall, as applicable may execute any documents or instruments necessary or desirable to (i) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted hereby or to which Requisite Required Lenders (or such other Lenders as may be required to give such consent under Section 10.511.5) have otherwise consented consented, pursuant to the previous sentence, or (ii) release any Guarantor from the Guaranty pursuant to Section 7.13 8.12 or with respect to which Requisite Required Lenders (or such other Lenders as may be required to give such consent under Section 10.511.5) have otherwise consented. 141.

Agent under Collateral Documents and Guaranty. Each DIP Lender hereby further irrevocably authorizes Administrative Agent or Collateral DIP Agent, as applicable, on behalf of and for the benefit of DIP Lenders, to be the agent for and representative of DIP Lenders with respect to the Guaranty, the Collateral and the Collateral Documents. Subject to Section 10.5, without further written consent or authorization from DIP Lenders, each of Administrative DIP Agent and Collateral Agent, as applicable may execute any documents or instruments necessary to (i) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted hereby or to which Requisite DIP Lenders (or such other Lenders as may be required to give such consent under Section 10.5) have otherwise consented or (ii) release any Guarantor from the Guaranty pursuant to Section 7.13 or with respect to which Requisite Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.5) have otherwise consented. 141, or (ii) release any Guarantor from the Guaranty pursuant to Section 7.12 or with respect to which Requisite DIP Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.5) have otherwise consented.

Agent under Collateral Documents and Guaranty. Each Lender hereby further authorizes the Administrative Agent or Collateral Agent, as applicable, on behalf of and for the benefit of Lenders, to be the agent for and representative of the Lenders with respect to the Guaranty, the Collateral and the Collateral Documents. Subject to Section 10.514.5, without further written consent or authorization from any Lenders, each of the Administrative Agent shall, at the request and Collateral Agentexpense of Credit Parties, as applicable may execute any documents or instruments necessary to to, (i) in connection with a sale or disposition of assets permitted by this Agreement, release any Lien encumbering any item of Collateral that is the subject of a such sale or other disposition of assets permitted hereby or to which Requisite Lenders (or such other Lenders as may be required to give such consent under Section 10.514.5) have otherwise consented or (ii) release any Guarantor from the Guaranty pursuant to Section 7.13 8.11 or with respect to which Requisite Lenders (or such other Lenders as may be required to give such consent under Section 10.514.5) have otherwise consented. 141.

Agent under Collateral Documents and Guaranty. Each Lender hereby further authorizes Administrative Agent or Collateral Agent, as applicable, on behalf of and for the benefit of Lenders, to be the agent for and representative of Lenders with respect to the Guaranty, the Collateral and the Collateral Documents. Subject to Section 10.5, without further written consent or authorization from Lenders, each Collateral Agent is authorized to, and at the request of Administrative Agent and Collateral AgentCompany shall, as applicable may execute any documents or instruments necessary or desirable to (i) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted hereby or to which Requisite Lenders (or such other Lenders as may be required to give such consent under Section 10.5) have otherwise consented or (ii) release any Guarantor from the Guaranty pursuant to Section 7.13 or with respect to which Requisite Required Lenders (or such other Lenders as may be required to give such consent under Section 10.5) have otherwise consented. 141, pursuant to the previous sentence, or (ii) release any Guarantor from the Guaranty pursuant to Section 7.12 or with respect to which Required Lenders (or such other Lenders as may be required to give such consent under Section 10.5) have otherwise consented.