Common use of Authorization of Collateral Agent Clause in Contracts

Authorization of Collateral Agent. The Bank and the Lenders hereby authorize the Collateral Agent to enter into and to carry out its duties under and with respect to the Security Agreement and hereby agree to accept and be bound by all of the provisions thereof including without limitation the provisions (a) prohibiting the enforcement of the Security Agreement without the direction or consent of the Designated Holders (as that term is used in the Security Agreement), (b) limiting the duties of the Collateral Agent thereunder and exonerating it from certain liabilities, (c) permitting amendments to the Security Agreement and waivers and releases of Collateral thereunder and (d) providing that under certain circumstances the Lenders shall be responsible for their pro rata share of expenses of the Collateral Agent as set forth in Section 6.8 of the Security Agreement.

Authorization of Collateral Agent. The Bank and the Lenders You hereby authorize the Collateral Agent to enter into and to carry out its duties under and with respect to the Security Agreement and the Control Agreement and hereby agree to accept and be bound by all of the provisions thereof thereof, including without limitation limitation, the provisions (a) prohibiting the enforcement of the Security Agreement without the direction or consent of the Designated Holders (as that term is used in the Security Agreement), (b) limiting the duties of the Collateral Agent thereunder and exonerating it from certain liabilities, (c) permitting amendments to the Security Agreement and waivers and releases of Collateral thereunder and (d) providing that under certain circumstances the Lenders you shall be responsible for their your pro rata share of expenses of the Collateral Agent as set forth in Section 6.8 of the Security Agreement.

Authorization of Collateral Agent. The Bank and the Lenders Purchaser hereby authorize authorizes the Collateral Agent to enter into and its successors to carry out its duties under and with respect to the Security Agreement and hereby agree agrees to accept and be bound by all of the provisions thereof including without limitation the provisions (a) prohibiting the enforcement of the Security Agreement without the direction or consent of the Designated Holders (as that term is used in the Security Agreement), (b) limiting the duties of the Collateral Agent thereunder and exonerating it from certain liabilities, (c) permitting amendments to the Security Agreement and waivers and releases of Collateral thereunder and (d) providing that under certain circumstances the Lenders Purchaser shall be responsible for their its pro rata share of expenses of the Collateral Agent as set forth in Section 6.8 of the Security Agreement.

Authorization of Collateral Agent. The Bank and the Lenders hereby authorize authorizes the Collateral Agent to enter into and to carry out its duties under and with respect to the Security Agreement and hereby agree agrees to accept and be bound by all of the provisions thereof including without limitation the provisions (a) prohibiting the enforcement of the Security Agreement without the direction or consent of the Designated Holders (as that term is used in the Security Agreement), (b) limiting the duties of the Collateral Agent thereunder and exonerating it from certain liabilities, (c) permitting amendments to the Security Agreement and waivers and releases of Collateral thereunder and (d) providing that under certain circumstances the Lenders shall be responsible for their its pro rata share of expenses of the Collateral Agent as set forth in Section 6.8 of the Security Agreement.

Authorization of Collateral Agent. The Bank and the Lenders Purchaser hereby authorize authorizes the Collateral Agent to enter into and its successors to carry out its duties under and with respect to the Security Agreement and hereby agree agrees to accept and be bound by all of the provisions thereof including without limitation the provisions (a) prohibiting the enforcement of the Security Agreement without the direction or consent of the Designated Holders (as that term is used in the Security Agreement), (b) limiting the duties of the Collateral Agent thereunder and exonerating it from certain liabilities, (c) permitting amendments to the Security Agreement and waivers and releases of Collateral thereunder and (d) providing that under certain circumstances the Lenders Purchaser shall be responsible for their its pro rata share of expenses of the Collateral Agent as set forth in Section 6.8 of the Security Agreement.6.8