Common use of Certain Rights of the Collateral Agent Clause in Contracts

Certain Rights of the Collateral Agent. No Agent shall have the right to cause the Collateral Agent to take any action with respect to the Collateral, with only the Required Lenders (as hereinafter defined) having the right

Appears in 2 contracts

Samples: Intercreditor Agreement (Quality Food Centers Inc), Intercreditor Agreement (Fred Meyer Inc)

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Certain Rights of the Collateral Agent. No Agent Secured Creditor shall -------------------------------------- have the right to cause the Collateral Agent to take any action with respect to the Collateral, with only the Required Lenders (as hereinafter defined) Secured Creditors having the rightright to direct the Collateral Agent to take any such action. If the Collateral Agent shall request instructions from the Required Secured Creditors

Appears in 2 contracts

Samples: Credit Agreement (Wyndham International Inc), Registration Rights Agreement (Wyndham International Inc)

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