Common use of Appointment of Security Trustee Clause in Contracts

Appointment of Security Trustee. Each of the Banks irrevocably appoints the Security Trustee as security trustee on their respective behalf with regard to the (i) security, powers, rights, titles, benefits and interests (both present and future) constituted by and conferred on the Banks or any of them or for the benefit thereof under or pursuant to this Agreement, the Amended Letter of Credit or any Security Documents (including, without limitation, the benefit of all covenants, undertakings, representations, warranties and obligations given, made or undertaken to any Bank in this Agreement or any Security Document), (ii) all moneys, property and other assets paid or transferred to or vested in any Bank or any agent of any Bank or received or recovered by any Bank or any agent of any Bank pursuant to, or in connection with, this Agreement or the Security Documents whether from any Obligor or the Guarantor or any other Person and (iii) all money, investments, property and other assets at any time representing or deriving from any of the foregoing, including all interest, income and other sums at any time received or receivable by any Bank or any agent of any Bank in respect of the same (or any part thereof). The Security Trustee hereby accepts such appointment.

Appointment of Security Trustee. Each of the Banks irrevocably appoints the Security Trustee as security trustee on their respective behalf with regard to the (i) security, powers, rights, titles, benefits and interests (both present and future) constituted by and conferred on the Banks or any of them or for the benefit thereof under or pursuant to this Agreement, the Amended Letter of Credit Agreement or any Security Documents (including, without limitation, the benefit of all covenants, undertakings, representations, warranties and obligations given, made or undertaken to any Bank in this Agreement or any Security Document), (ii) all moneys, property and other assets paid or transferred to or vested in any Bank or any agent of any Bank or received or recovered by any Bank or any agent of any Bank pursuant to, or in connection with, this Agreement or the Security Documents whether from any Obligor or the Guarantor or any other Person and (iii) all money, investments, property and other assets at any time representing or deriving from any of the foregoing, including all interest, income and other sums at any time received or receivable by any Bank or any agent of any Bank in respect of the same (or any part thereof). The Security Trustee hereby accepts such appointment.

Appointment of Security Trustee. Each of the Banks Lenders irrevocably appoints the Security Trustee as security trustee on their respective behalf with regard to the (i) security, powers, rights, titles, benefits and interests (both present and future) constituted by and conferred on the Banks Lenders or any of them or for the benefit thereof under or pursuant to this Agreement, the Amended Letter of Credit Note or any Security Documents (including, without limitation, the benefit of all covenants, undertakings, representations, warranties and obligations given, made or undertaken to any Bank Lender in this Agreement Agreement, the Notes or any Security Document), (ii) all moneys, property and other assets paid or transferred to or vested in any Bank Lender or any agent of any Bank Lender or received or recovered by any Bank Lender or any agent of any Bank Lender pursuant to, or in connection with, this Agreement Agreement, the Notes or the Security Documents whether from any Obligor or the Guarantor Borrower or any other Person and (iii) all money, investments, property and other assets at any time representing or deriving from any of the foregoing, including all interest, income and other sums at any time received or receivable by any Bank Lender or any agent of any Bank Lender in respect of the same (or any part thereof). The Security Trustee hereby accepts such appointment.

Appointment of Security Trustee. Each of the Banks Lenders irrevocably appoints the Security Trustee as security trustee on their respective its behalf with regard to the (i) the security, powers, rights, titles, benefits and interests (both present and future) constituted by and conferred on the Banks Lenders or any of them or for the benefit thereof under or pursuant to this Agreement, the Amended Letter of Credit Note or any of the Security Documents (including, without limitation, the benefit of all covenants, undertakings, representations, warranties and obligations given, made or undertaken to any Bank Lender in this Agreement the Agreement, the Note or any Security Document), (ii) all moneys, property and other assets paid or transferred to or vested in any Bank Lender or any agent of any Bank Lender or received or recovered by any Bank Lender or any agent of any Bank Lender pursuant to, or in connection with, this Agreement Agreement, the Note or the Security Documents whether from any Obligor or the Guarantor Security Party or any other Person person and (iii) all money, investments, property and other assets at any time representing or deriving from any of the foregoing, including all interest, income and other sums at any time received or receivable by any Bank Lender or any agent of any Bank Lender in respect of the same (or any part thereof). The Security Trustee hereby accepts such appointment.