Choctaw APA Sample Clauses

Choctaw APA. Notwithstanding anything herein to the contrary, to the extent this Agreement or any other Loan Document purports to require any Guarantor to grant to the Collateral Trustee, on behalf of the Secured Parties, a Lien or Liens on the Choctaw APA, the Collateral Trustee, for the benefit of the Secured Parties, shall only have a Lien or Liens on the Choctaw APA at such times and to the extent that a Lien or Liens, as the case may be, on the Choctaw APA is permitted thereunder, but the Collateral Trustee, for the benefit of the Secured Parties, shall have Liens, to the maximum extent permitted by law, on all rights incident or appurtenant to the Choctaw APA and the right to receive all proceeds derived from or in connection with the transactions thereunder. NRG Wholesale agrees that, and the Borrower agrees that it shall cause NRG Wholesale to, upon the occurrence and during the continuance of an event of default 58 US-DOCS\104213874.12 under any Priority Lien Document and the acceleration of all or any portion of the Priority Lien Obligations pursuant to the provisions of the applicable Loan Documents, and at the Collateral Trustee’s request, NRG Wholesale shall promptly seek an assignment under the terms of the Choctaw APA and shall take all other and further actions reasonably required by the Collateral Trustee, on behalf of and for the benefit of the Secured Parties, to obtain such other approvals or consents as are reasonably necessary to assign its rights incident or appurtenant to the Choctaw APA and the right to receive all proceeds derived from or in connection with the transactions thereunder to the Collateral Trustee on behalf and for the benefit of the Secured Parties, or their successors or assigns.