Common use of Authority of Collateral Agent Clause in Contracts

Authority of Collateral Agent. The Pledgor acknowledges that the rights and responsibilities of the Collateral Agent under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement or in connection with the Notes Obligations shall, as between the Collateral Agent and the other Secured Creditors, be governed by the terms of the Indenture (including, without limitation, the rights and protections set forth therein) and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the Pledgor, the Collateral Agent shall be conclusively presumed to be acting as agent for the Secured Creditors with full and valid authority so to act or refrain from acting, and no Pledgor shall be under any obligation, or entitlement, to make any inquiry respecting such authority.

Authority of Collateral Agent. The Pledgor acknowledges that the rights and responsibilities of the Collateral Agent under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement or in connection with the Notes Obligations any amendment, supplement or other modification of this Agreement shall, as between the Collateral Agent and the other Secured CreditorsParties, be governed by the terms of the Indenture (including, without limitation, the rights and protections set forth therein) Credit Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the Pledgor, the Collateral Agent shall be conclusively presumed to be acting as agent for the Secured Creditors Parties with full and valid authority so to act or refrain from acting, and no the Pledgor shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.

Authority of Collateral Agent. The Each Pledgor acknowledges that the rights and responsibilities of the Collateral Agent under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement or in connection with the Notes Obligations shall, as between the Collateral Agent and the other Second-Priority Secured CreditorsParties, be governed by the terms of the Notes Indenture (including, without limitation, the rights and protections set forth therein) and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the PledgorPledgors, the Collateral Agent shall be conclusively presumed to be acting as agent for the applicable Second-Priority Secured Creditors Parties with full and valid authority so to act or refrain from acting, and no Pledgor shall be under any obligation, or entitlement, to make any inquiry respecting such authority.

Authority of Collateral Agent. The (i) Each Pledgor acknowledges that the rights and responsibilities of the Collateral Agent under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement or in connection with the Notes Obligations shall, as between the Collateral Agent and the other Secured CreditorsParties, be governed by the terms of the Indenture (including, without limitation, the rights and protections set forth therein) Credit Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the PledgorPledgors, the Collateral Agent shall be conclusively presumed to be acting as agent for the Secured Creditors Parties with full and valid authority so to act or refrain from acting, and no Pledgor the Pledgors shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.

Authority of Collateral Agent. The Pledgor acknowledges that the rights and responsibilities of the Collateral Agent under this GP Pledge Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this GP Pledge Agreement or in connection with the Notes Obligations shall, as between the Collateral Agent and the other Secured CreditorsParties, be governed by the terms of the Indenture (including, without limitation, the rights Amended and protections set forth therein) Restated Credit Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the Pledgor, the Collateral Agent shall be conclusively presumed to be acting as agent for the Secured Creditors Parties with full and valid authority so to act or refrain from acting, and no neither the Pledgor nor the Partnership shall be under any obligation, or entitlement, to make any inquiry respecting such authority.

Authority of Collateral Agent. The Pledgor acknowledges that the rights and responsibilities of the Collateral Agent under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement or in connection with the Notes Obligations any amendment, supplement or other modification of this Agreement shall, as between the Collateral Agent and the other Secured CreditorsParties, be governed by the terms of the Indenture (including, without limitation, the rights and protections set forth therein) Credit Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the Pledgor, the Collateral Agent shall be conclusively presumed to be acting as agent for the Secured Creditors Parties with full and valid authority so to act or refrain from acting, and no the Pledgor shall not shall be under any obligation, or entitlement, to make any inquiry respecting such authority.

Authority of Collateral Agent. The Each Pledgor acknowledges that the rights and responsibilities of the Collateral Agent under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement or in connection with the Notes Obligations shall, as between among the Administrative Agent, the Collateral Agent and the other Secured CreditorsParties, be governed by the terms of the Indenture (including, without limitation, the rights and protections set forth therein) DIP Credit Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the PledgorPledgors, the Collateral Agent shall be conclusively presumed to be acting as agent for itself, the Administrative Agent and the other Secured Creditors Parties with full and valid authority so to act or refrain from acting, and no Pledgor shall be under any obligation, or entitlement, to make any inquiry respecting such authority.

Authority of Collateral Agent. The Each Pledgor acknowledges that the rights and responsibilities of the Collateral Agent under this Pledge Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Pledge Agreement or in connection with the Notes Obligations shall, as between the Collateral Agent and the other Secured CreditorsLenders, be governed by the terms of the Indenture (including, without limitation, the rights and protections set forth therein) Credit Agreements and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the PledgorPledgors, the Collateral Agent shall be conclusively presumed to be acting as agent for the Secured Creditors Lenders with full and valid authority so to act or refrain from acting, and no neither any Pledgor nor the Issuers shall be under any obligation, or entitlement, to make any inquiry respecting such authority.

Authority of Collateral Agent. The Each Pledgor acknowledges that the rights and responsibilities of the Collateral Agent under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement or in connection with the Notes Obligations shall, as between the Collateral Agent and the other Secured CreditorsParties, be governed by the terms of the Indenture (including, without limitation, the rights and protections set forth therein) Securities Purchase Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the Pledgor, the Collateral Agent shall be conclusively presumed to be acting as agent for the Secured Creditors Parties with full and valid authority so to act or refrain from acting, and no Pledgor shall be under any obligation, or entitlement, to make any inquiry respecting such authority.