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

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the Intercreditor Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 and the other provisions of this Indenture.

Appears in 14 contracts

Samples: Indenture, (American Apparel, Inc), Notes Purchase Agreement (Forbes Energy Services Ltd.), Indenture (Forbes Energy Services Ltd.)

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Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Noteholder Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the any future Intercreditor Agreement, as applicable, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 (“Priorities”) and the other provisions of this Indenture.

Appears in 4 contracts

Samples: Intercreditor Agreement (Vantage Drilling CO), Indenture (Vantage Drilling CO), Indenture (Vantage Drilling CO)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Noteholder Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the Third Lien Intercreditor Agreement, as applicable, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 (“Priorities”) and the other provisions of this Indenture.

Appears in 3 contracts

Samples: Indenture (Vantage Drilling International), Indenture (OFFSHORE GROUP INVESTMENT LTD), Indenture (Vantage Drilling Netherlands B.V.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and the Intercreditor Agreement and to the extent not prohibited under the Intercreditor Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 and the other provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (CitiSteel PA, Inc.), Indenture (Claymont Steel Holdings, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Noteholder Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the Second Lien Intercreditor Agreement, as applicable, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 (“Priorities”) and the other provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (Vantage Drilling International), Indenture (Vantage International Management Pte Ltd.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee Trustees and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the any future Intercreditor Agreement, as applicable, for turnover to the Trustee Trustees to make further distributions of such funds to itself, the Trustee Trustees and the Holders in accordance with the provisions of Section 6.10 6.11 hereto and the other provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (Taseko Mines LTD), Indenture (Taseko Mines LTD)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the Senior Intercreditor Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 and the other provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (Edgen Louisiana CORP), Intercreditor and Subordination Agreement (Edgen Murray PLC)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the Intercreditor Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 and the other provisions of this Indenture.. SIGNATURES

Appears in 1 contract

Samples: Indenture, (Kratos Defense & Security Solutions, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the any applicable Intercreditor Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 1 contract

Samples: Intercreditor Agreement (Horsehead Holding Corp)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Each Sub-Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and the Intercreditor Agreement and to the extent not prohibited under the Intercreditor Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 and the other provisions of this Indenture.

Appears in 1 contract

Samples: North American (Griffiths Pile Driving Inc)

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Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee Trustees and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the RCF Intercreditor Agreement, the Osisko Intercreditor Agreement or any Future Intercreditor Agreement, as applicable, for turnover to the Trustee Trustees to make further distributions of such funds to itself, the Trustee Trustees and the Holders in accordance with the provisions of Section 6.10 6.11 hereto and the other provisions of this Indenture.. 124

Appears in 1 contract

Samples: Indenture (Taseko Mines LTD)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under by the Intercreditor Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Interhealth Facility Transport, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Noteholder Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the Intercreditor AgreementAgreements, as applicable, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 ("Priorities") and the other provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Ocean Rig UDW Inc.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the Intercreditor Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 and the other provisions of this Indenture.. 104

Appears in 1 contract

Samples: Indenture, (Kratos Defense & Security Solutions, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Agreements. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Agreements and to the extent not prohibited under the Intercreditor Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 and the other provisions of this IndentureIndenture and the Collateral Agreements.

Appears in 1 contract

Samples: Financing Agreement (North Atlantic Trading Co Inc)

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