Common use of Appointment and Undertaking of the Collateral Trustee Clause in Contracts

Appointment and Undertaking of the Collateral Trustee. (a) Each Hedge Provider, each Bank Product Provider and each other Secured Party acting through its respective Secured Debt Representative, and/or by its acceptance of the benefits of the Security Documents hereby appoints the Collateral Trustee to serve as collateral trustee hereunder on the terms and conditions set forth herein. Subject to, and in accordance with, this Agreement, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the present and future Secured Parties, in accordance with the terms of this Agreement:

Appears in 2 contracts

Samples: Collateral Trust Agreement (Carmike Cinemas Inc), Collateral Trust Agreement (Carmike Cinemas Inc)

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Appointment and Undertaking of the Collateral Trustee. (a) Each Lender Counterparty, Commodities Hedge ProviderProvider or Designated Coal Contract Counterparty, each Bank Product Provider and each other Secured Party acting through its respective Secured Debt Representative, Representative and/or by its acceptance of the benefits of the Security Documents hereby appoints the Collateral Trustee to serve as collateral trustee hereunder on the terms and conditions set forth herein. Subject to, and in accordance with, this Agreement, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the present and future Secured Parties, in accordance with the terms of this Agreement:

Appears in 1 contract

Samples: Collateral Trust Agreement

Appointment and Undertaking of the Collateral Trustee. (a) Each Hedge Provider, each Bank Product Provider and Cash Management Bank and each other Secured Party acting through its respective Secured Debt Representative, Representative and/or by its acceptance of the benefits of the Security Documents hereby appoints the Collateral Trustee to serve as collateral trustee hereunder on the terms and conditions set forth herein. Subject to, and in accordance with, this Agreement, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the present and future Secured Parties, in accordance with the terms of this Agreement:

Appears in 1 contract

Samples: Collateral Trust Agreement (Foresight Energy LP)

Appointment and Undertaking of the Collateral Trustee. (a) Each Hedge Provider, each Bank Product Provider and each other Secured Party Party, acting through its respective Secured Debt Representative, Representative and/or by its acceptance of the benefits of the applicable Security Documents Documents, hereby appoints the Collateral Trustee to serve as collateral trustee hereunder on the terms and conditions set forth herein. Subject to, and in accordance with, this Agreement, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the present and future Secured Parties, in accordance with the terms of this Agreement:.

Appears in 1 contract

Samples: Collateral Trust Agreement (GenOn Energy, Inc.)

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Appointment and Undertaking of the Collateral Trustee. (a) Each Hedge Provider, each Bank Product Provider and each other Secured Party acting through its respective Secured Debt Representative, Representative and/or by its acceptance of the benefits of the Security Documents hereby appoints the Collateral Trustee to serve as collateral trustee hereunder on the terms and conditions set forth herein. Subject to, and in accordance with, this Agreement, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the present and future Secured Parties, in accordance with the terms of this Agreement:

Appears in 1 contract

Samples: Collateral Trust Agreement

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