Common use of Authorization of Receipt of Funds by the Collateral Clause in Contracts

Authorization of Receipt of Funds by the Collateral. Agent Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of Holders distributed under the Collateral Documents, to apply such funds as provided in this Indenture and the Collateral Documents, and to make further distributions of such funds to the Holders in accordance with the provisions of Article 11 and the other provisions of this Indenture.

Authorization of Receipt of Funds by the Collateral. Agent Under the Collateral Security Documents. The Collateral Agent is authorized to receive any funds for the benefit of the Holders distributed under the Collateral Documents, to apply such funds as provided in this Indenture Security Documents and the Collateral DocumentsIntercreditor Agreement, and to make further distributions of such funds to the Holders in accordance with according to the provisions of Article 11 and the other provisions of this Indenture, the Security Documents and the Intercreditor Agreement.

Authorization of Receipt of Funds by the Collateral. Agent Under the Collateral DocumentsAgreements. The Collateral Agent is authorized to receive any funds for the benefit of the Holders distributed under the Collateral Documents, to apply such funds as provided in this Indenture Agreements and the Collateral DocumentsIntercreditor Agreement to the extent permitted or provided under the Intercreditor Agreement, and for turnover to the Trustee to make further distributions of such funds to the Holders any Secured Party in accordance with the provisions of Article 11 Section 6.10 and the other provisions of this Indenture.

Authorization of Receipt of Funds by the Collateral. Agent Under the Collateral DocumentsAgreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents, to apply such funds as provided in this Indenture Agreements and the Collateral DocumentsIntercreditor Agreement to the extent permitted under the Intercreditor Agreement, and for turnover to the Trustee to make further distributions of such funds to itself, the Collateral Agent and the Holders in accordance with the provisions of Article 11 Section 6.11 and the other provisions of this Indenture.

Authorization of Receipt of Funds by the Collateral. Agent Under the Collateral DocumentsAgreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents, to apply such funds as provided in this Indenture Agreements and the Collateral DocumentsIntercreditor Agreement to the extent permitted under the Intercreditor Agreement, and for turnover to the Trustee to make further distributions of such funds to itself, the Collateral Agent and the Holders in accordance with the provisions of Article 11 Section 6.11 and the other provisions of this Indenture.. SIGNATURES

Authorization of Receipt of Funds by the Collateral. Agent Under the Collateral DocumentsAgreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral DocumentsAgreements to the extent permitted under the Intercreditor Agreement, for turnover to apply such funds as provided in this Indenture and the Collateral Documents, and Trustee to make further distributions of such funds to itself, the Collateral Agent and the Holders in accordance with the provisions of Article 11 Section 6.11 and the other provisions of this Indenture.