Capacity and Obligations of Secured Party. Secured Party has entered into this Agreement pursuant to the Disbursement Agreement and is obligated to exercise its rights and perform its duties hereunder in accordance with the Disbursement Agreement and the Intercreditor Agreement.
Appears in 2 contracts
Samples: Completion Guaranty Collateral Account Agreement (Grand Canal Shops Mall Construction LLC), Mortgage Notes Proceeds Collateral Account Agreement (Grand Canal Shops Mall Construction LLC)
Capacity and Obligations of Secured Party. The Secured Party has entered into this Agreement pursuant to the Disbursement Agreement and is obligated to exercise its rights and perform its duties hereunder in accordance with the Disbursement Agreement and the Intercreditor Agreement.
Appears in 1 contract
Samples: Holdings Collateral Account Agreement (Aladdin Capital Corp)
Capacity and Obligations of Secured Party. The Secured Party has entered into this Agreement pursuant to the Disbursement Agreement and is obligated to exercise its rights and perform its duties hereunder in accordance with the Disbursement Agreement and the Intercreditor Agreement.
Appears in 1 contract
Samples: Disbursement Collateral Account Agreement (Grand Canal Shops Mall Construction LLC)
