Appointment of Collateral Agents. The Indenture Trustee may, at no additional cost to the Trust or to the Indenture Trustee, with the consent of the Note Insurer, appoint one or more Collateral Agents to hold all or a portion of the Indenture Trustee Mortgage Files, as Agent for the Indenture Trustee. Such Collateral Agent shall meet the requirements of Article IX of the Sale and Servicing Agreement. Matters concerning the Collateral Agents shall be governed by said Article IX.
Appointment of Collateral Agents. At any time or times, in order to comply with any legal requirement in any jurisdiction, Secured Party may appoint any bank or trust company or one or more other Persons, either to act as co-agent or co-agents, jointly with Secured Party, or to act as separate agent or agents on behalf of the Lenders, with such power and authority as may be necessary for the effectual operation of the provisions hereof and may be specified in the instrument of appointment. In so doing Secured Party may, in the name and on behalf of Debtor, give to such co-agent or separate agent indemnities and other protections similar to those provided in Section 4.5.
Appointment of Collateral Agents. At any time or times, in order to comply with any legal requirement in any jurisdiction or in order to effectuate any provision of the Loan Documents, the Administrative Agent may appoint another bank or trust company or one or more other Persons, either to act as collateral agent or agents, jointly with the Administrative Agent or separately, on behalf of the Administrative Agent and the Lenders with such power and authority as may be necessary for the effectual operation of the provisions hereof and specified in the instrument of appointment (which may, in the discretion of the Administrative Agent, include provisions for the protection of such collateral agent similar to the provisions of Section 11 hereof).
Appointment of Collateral Agents. The Indenture Trustee may, at no additional cost to the Trust or to the Indenture Trustee, with the consent of the Note Insurer, appoint one or more Collateral Agents to hold all or a portion of the Indenture Trustee Mortgage Files, as Agent for the Indenture Trustee. Such Collateral Agent shall meet the requirements of Article IX of the Sale and Servicing Agreement. Matters concerning the Collateral Agents shall be governed by said Article IX. Chase Bank of Texas, N.A. is hereby appointed as the initial Collateral Agent hereunder.
Appointment of Collateral Agents. In case of the pendency of any Bankruptcy Proceeding or other judicial proceeding relative to any Grantor or Guarantor, the Agent shall be entitled and empowered, by intervention in such proceeding or otherwise, (a) to file and prove a claim for the whole amount of the Obligations and other amounts due under the Transaction Documents or this Agreement and to file such other papers or documents as may be necessary or advisable in order to have such claims and amounts due allowed in such Bankruptcy Proceeding or judicial proceeding, and (b) to collect and receive any moneys or other property payable or deliverable on any such claims or other amounts due and to distribute the same in accordance with the provisions hereof. Nothing in this paragraph shall be deemed to authorize the Agent to authorize or consent to or accept or adopt on behalf of any 2005 Lender any plan or reorganization, arrangement, adjustment or composition affecting the Obligations or other amounts due under the Transaction Documents or this Agreement, or to authorize the Agent to vote in respect of the Obligations or other amounts due in any such Bankruptcy Proceeding or judicial proceeding.
Appointment of Collateral Agents. At any time or times, in order to comply with any legal requirement in any jurisdiction, Collateral Agent may appoint any bank or trust company or one or more other Persons, either to act as co-agent or co-agents, jointly with Collateral Agent, or to act as separate agent or agents on behalf of Collateral Agent and the other Secured Parties, with such power and authority as may be necessary for the effectual operation of the provisions hereof and may be specified in the instrument of appointment. In so doing Collateral Agent may, in the name and on behalf of any Grantor, give to such co-agent or separate agent indemnities and other protections similar to those provided in this Agreement for Collateral Agent. Collateral Agent shall notify Grantors in writing of any such appointment promptly thereafter; provided that, no such notice shall be required if such appointment was made in connection with Collateral Agent’s, or any other Secured Party’s exercise of any remedies hereunder or if an Event of Default has occurred and is continuing.
Appointment of Collateral Agents. The Indenture Trustee may, at no additional cost to the Trust or to the Indenture Trustee, with the consent of the Note Purchaser, appoint one or more Collateral Agents to hold all or a portion of the Custodial Loan Files, as Agent for the Indenture Trustee. Such Collateral Agent shall meet the requirements of Article XI of the Sale and Servicing Agreement. Matters concerning the Collateral Agents shall be governed by said Article XI. The Chase Manhattan Bank is hereby appointed as the initial Collateral Agent hereunder.
Appointment of Collateral Agents. (a) Each Purchaser hereby appoints (i) the Ecuador Collateral Agent to act as its collateral agent in Ecuador and (ii) the Collateral Agent to act as its collateral agent in Canada, as specified in this Agreement and in the Security and, except as may be specifically provided to the contrary in this Agreement, each Purchaser irrevocably authorizes the Ecuador Collateral Agent and the Collateral Agent (collectively, the “Collateral Agents”) as the agents of such Purchaser, to take such action on its behalf under or in connection with the Security and to exercise such powers under the Security as are delegated to the Collateral Agents by the terms of this Agreement and the Security and such other powers as are reasonably incidental thereto which it may be necessary for the Collateral Agents to exercise in order that the provisions of the Security are carried out and the Collateral Agents agree to act in such capacity after written consent of the Purchasers. All Collateral held from time to time by the Collateral Agents pursuant to the Security shall be subject to the terms and conditions of this Agreement. For greater certainty, each Purchaser acknowledges and agrees that the Collateral Agents, for the purpose of holding any of the Security or any other security granted by any Person with respect to the liabilities of the debtors under the Security, holds such security on its behalf and in its name.
(b) Each Purchaser hereby designates and appoints the Collateral Agents to hold the Security for the benefit of the Purchasers.
(c) The Collateral Agents hereby acknowledge receipt of this Agreement and the Security.
Appointment of Collateral Agents. At any time or times, with, so long as no Default or Event of Default has occurred and is continuing, the consent of the Grantors (which consent shall not be unreasonably withheld), in order to comply with any legal requirement in any jurisdiction or in order to effectuate any provision of the Loan Documents, the Administrative Agent may appoint a bank or trust company or one or more other Persons, either to act as collateral agent or agents, jointly with the Administrative Agent or separately, on behalf of the Administrative Agent and the Lenders with such power and authority as may be necessary for the effectual operation of the provisions hereof and specified in the instrument of appointment (which may, in the discretion of the Administrative Agent, include provisions for the protection of such collateral agent similar to the provisions of Section 11).
Appointment of Collateral Agents. The Revolver Agent on behalf of the Tranche A Claimants hereby appoints the Tranche A Collateral Agent as the collateral agent for the Tranche A Claimants with respect to the Collateral and the Security Documents and authorizes the Tranche A Collateral Agent to hold the security interests in and liens upon the Collateral in favor of the Tranche A Claimants in the Tranche A Collateral Agent's name for the benefit of the Tranche A Claimants. The Revolver Agent on behalf of the Tranche B Claimants hereby appoints the Tranche B Collateral Agent as the collateral agent for the Tranche B Claimants with respect to the Collateral and the Security Documents and authorizes the Tranche B Collateral Agent to hold the security interests in and liens upon the Collateral in favor of the Tranche B Claimants in the Tranche B Collateral Agent's name for the benefit of the Tranche B Claimants. The Secured PIK/Term Agent on behalf of the Secured PIK Claimants hereby appoints the PIK Lender Collateral Agent as the collateral agent for the Secured PIK Claimants with respect to the Collateral and the Security Documents and authorizes the PIK Lender Collateral Agent to hold the security interests in and liens upon the Collateral in favor of the Secured PIK Claimants in the PIK Lender Collateral Agent's name for the benefit of the Secured PIK Claimants; and The Secured PIK/Term Agent on behalf of the Secured Term Claimants hereby appoints the Term Lender Collateral Agent as the collateral agent for the Secured Term Claimants with respect to the Collateral and the Security Documents and authorizes the Term Lender Collateral Agent to hold the security interests in and liens upon the Collateral in favor of the Secured Term Claimants in the Term Lender Collateral Agent's name for the benefit of the Secured Term Claimants. Further, the Claimants and their Representatives hereby authorize each Collateral Agent to appoint Subagents as herein provided. Claimants and the Representatives agree that all liens and security interests in Collateral securing any of the Obligations shall be administered by and through the respective Collateral Agent and such Collateral Agent's Subagents in accordance with the provisions of this Agreement. If, as of the date hereof, or at any time in the future, any Claimant or Representative at any time holds a lien or security interest on Collateral in its own name which secures the repayment of the Obligations, it agrees to assign such lien or security interest...
