Appointment of the Collateral Agent. The Collateral Agent is hereby appointed by the Trustee as collateral agent hereunder (and upon execution and delivery of a Joinder by a Term Loan Agent, such Term Loan Agent shall confirm and acknowledge such appointment pursuant to the Joinder), and the Collateral Agent hereby agrees to act as Collateral Agent pursuant to the terms of this Agreement. The Trustee on behalf of itself and on behalf of the Noteholders directs the Collateral Agent to enter into the Collateral Documents listed on Schedule 2.02.
Appears in 3 contracts
Samples: Intercreditor and Collateral Agency Agreement, Intercreditor and Collateral Agency Agreement (Duane Reade Holdings Inc), Intercreditor and Collateral Agency Agreement (Duane Reade)
Appointment of the Collateral Agent. The Collateral Agent is hereby confirmed and reaffirmed as having been appointed by as the Trustee as collateral agent for the Lenders hereunder and under the other Loan Documents and in such capacity has been and is authorized to have all the rights and benefits hereunder and thereunder (including Section 9 of the Guarantee and upon execution and delivery of a Joinder by a Term Loan Agent, such Term Loan Agent shall confirm and acknowledge such appointment pursuant to the JoinderSecurity Agreement), and to take such actions on its behalf and to exercise such powers as are delegated to the Collateral Agent hereby agrees to act as Collateral Agent pursuant to by the terms of this Agreement. The Trustee on behalf of itself hereof or thereof, together with such actions and on behalf of the Noteholders directs the Collateral Agent to enter into the Collateral Documents listed on Schedule 2.02powers as are reasonably incidental thereto.
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Appointment of the Collateral Agent. The Collateral Agent is hereby appointed by the Trustee as collateral agent hereunder (and upon execution and delivery of a Joinder by a Term Loan Agent, such Term Loan Agent shall confirm and acknowledge such appointment pursuant to the Joinder)hereunder, and the Collateral Agent hereby agrees to act as Collateral Agent pursuant to the terms of this Agreement. The Trustee on behalf of itself and on behalf of the Noteholders directs the Collateral Agent to enter into the Collateral Documents listed on Schedule 2.02.
Appears in 1 contract
Samples: Collateral Agency Agreement (IMI of Arlington, Inc.)