Authorization to Execute Collateral Documents Clause Samples
Authorization to Execute Collateral Documents. If the Collateral Agent receives written notice from either the Agent or a Pru Noteholder at any time or from time to time hereunder that Collateral Documents are required pursuant to the Bank Credit Agreement or the Pru Note Agreement in connection with the grant of a security interest in and lien against the assets of the Borrower and/or a Guarantor, the Collateral Agent is authorized to and shall execute and deliver such Collateral Documents as the Agent or such Pru Noteholder shall direct requiring execution and delivery by it and is authorized to and shall accept delivery from the Borrower of such Collateral Documents as the Agent or the Pru Noteholder shall direct which do not require execution by the Collateral Agent, provided, however, that the Collateral Agent shall not execute a Collateral Document providing for a lien on real property without the approval of the Requisite Secured Parties.
Authorization to Execute Collateral Documents. If the Collateral Agent receives written notice from either the Agent or a Noteholder or an Additional Holder at any time or from time to time hereunder that Collateral Documents are required pursuant to the Bank Credit Agreement, the Note Agreement or any Eligible Additional Senior Secured Document in connection with the grant of a security interest in and lien against the assets of the Company and/or a Credit Party, the Collateral Agent is authorized to and shall execute and deliver such Collateral Documents as the Agent or such Noteholder or such Additional Holder shall direct requiring execution and delivery by it and is authorized to and shall accept delivery from the Company of such Collateral Documents as the Agent or the Noteholder or the Additional Holder shall direct which do not require execution by the Collateral Agent.
Authorization to Execute Collateral Documents. If the Collateral Agent receives written notice from the U.S. Agent or the Chinese Agent at any time or from time to time hereunder that Collateral Documents are required pursuant to the U.S. Agreement or the Chinese Agreement in connection with the grant of a security interest in and lien against the assets of any Borrower and/or a Guarantor, the Collateral Agent is authorized to and shall execute and deliver such Collateral Documents as the U.S. Agent or the Chinese Agent shall direct requiring execution and delivery by it and is authorized to and shall accept delivery from the Company of such Collateral Documents as the U.S. Agent or the Chinese Agent shall direct which do not require execution by the Collateral Agent.
Authorization to Execute Collateral Documents. The Trustee shall execute and deliver each of the Collateral Documents requiring execution and delivery by it and shall accept delivery from the Borrower of those Collateral Documents which do not require the Trustee's execution; provided that the Trustee shall have no duty to execute and deliver, or to accept delivery of, any Collateral Document that is not satisfactory to it.
Authorization to Execute Collateral Documents. Each of the Noteholders authorizes and directs the Collateral Agent, for the benefit of the Noteholders, to execute and deliver each of the Collateral Documents requiring execution and delivery by the Collateral Agent and to accept delivery from the Borrower of those Collateral Documents that do not require execution by the Collateral Agent.