Common use of Co-Collateral Agent Clause in Contracts

Co-Collateral Agent. If necessary or appropriate under Applicable Law, the Administrative Agent may appoint a Person to serve as a co-collateral agent or separate collateral agent under any Loan Document. Each right and remedy intended to be available to the Administrative Agent under such Loan Document shall also be vested in such agent. Secured Parties shall execute and deliver any instrument or agreement that the Administrative Agent may request to effect such appointment. If the agent shall die, dissolve, become incapable of acting, resign or be removed, then all the rights and remedies of such agent, to the extent permitted by Applicable Law, shall vest in and be exercised by the Administrative Agent until appointment of a new agent.

Co-Collateral Agent. If necessary or appropriate under Applicable Law, the Administrative Collateral Agent may appoint a Person to serve as a co-collateral agent or separate collateral agent under any Loan Document. Each right and remedy intended to be available to the Administrative Collateral Agent under such the Loan Document shall also be vested in such agent. Secured Parties Lenders shall execute and deliver any instrument or agreement that the Administrative Collateral Agent may request to effect such appointment. If the agent shall die, dissolve, become incapable of acting, resign or be removed, then all the rights and remedies of such agent, to the extent permitted by Applicable Law, shall vest in and be exercised by the Administrative Collateral Agent until appointment of a new agent.

Co-Collateral Agent. If necessary or appropriate under Applicable Law, the Administrative Collateral Agent may appoint a Person to serve as a co-collateral agent or separate collateral agent under any Loan Document. Each right right, remedy and remedy protection intended to be available to the Administrative Collateral Agent under such the Loan Document Documents shall also be vested in such agent. Secured Parties Lenders shall execute and deliver any instrument or agreement that the Administrative Collateral Agent may request to effect such appointment. If the any such agent shall die, dissolve, become incapable of acting, resign or be removed, then all the rights and remedies of such the agent, to the extent permitted by Applicable Law, shall vest in and be exercised by the Administrative Collateral Agent until appointment of a new agent.

Co-Collateral Agent. If necessary or appropriate under Applicable Law, the Administrative any Agent may appoint a Person to serve as a co-collateral agent or separate collateral agent under any Loan Document. Each right and remedy intended to be available to the Administrative such Agent under such Loan Document shall also be vested in such agent. Secured Parties shall execute and deliver any instrument or agreement that the Administrative Applicable Agent may request to effect such appointment. If the agent shall die, dissolve, become incapable of acting, resign or be removed, then all the rights and remedies of such agent, to the extent permitted by Applicable Law, shall vest in and be exercised by the Administrative Applicable Agent until appointment of a new agent.