Common use of Authorization of Receipt of Funds by the Security Agents under the Security Documents Clause in Contracts

Authorization of Receipt of Funds by the Security Agents under the Security Documents. The Security Agents are each authorized to receive any funds as agent for and for the benefit of the Trustee and the Holders distributed under any of the Security Documents.

Authorization of Receipt of Funds by the Security Agents under the Security Documents. The Each of the Security Agents are each authorized to receive any funds as agent for the benefit of itself and for the benefit of the Trustee and the Holders distributed under any of the Security Documents.

Authorization of Receipt of Funds by the Security Agents under the Security Documents. The Each of the Security Agents are each authorized to receive any funds as agent for the benefit of itself, and for the benefit of the Trustee and the Holders distributed under any of the Security Documents.