Collateral Administrator Sample Clauses

Collateral Administrator. U.S. Bank National Association, acting as collateral administrator under the Collateral Administration Agreement, and any successor thereto.
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Collateral Administrator. The Collateral Administrator shall perform the following functions:
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Collateral Administrator. State Street Bank and Trust Company, acting as collateral administrator under the Collateral Administration Agreement, and any successor thereto.
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Collateral Administrator. For the avoidance of doubt, the Borrower has engaged the Collateral Administrator pursuant to Article XV hereof to compile and provide daily Cash and collateral balances in the accounts maintained by U.S. Bank with respect to the calculation of the Borrowing Base; provided, however, that the Collateral Administrator’s obligation to compile and provide such information is subject to the receipt of the information necessary to do so from the Collateral Manager.
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Collateral Administrator. The Collateral Administrator for each Group shall act on behalf of its Group in connection with the performance of all duties and the exercise of all rights in respect of Collateral and Performance Assurance under the Agreement. Each Counterparty Party does hereby appoint the Collateral Administrator for Counterparty Group as its Collateral Administrator hereunder and ratifies and confirms any and all acts of such Collateral Administrator as its own. Each Enron Party does hereby appoint the Collateral Administrator for Enron Group as its Collateral Administrator hereunder and ratifies and confirms any and all acts of such Collateral Administrator as its own. The performance of such rights and duties by the Collateral Administrator for each Group shall satisfy the obligations of, and be deemed to effect the rights of, each member of the relevant Group.
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Collateral Administrator. Xxxxx Xxx, Trust Officer Phone No.: 000-000-0000 Email Address: xxxxx.xxx@xxxxxxx.xxx Trust Administrator: Xxxxxxx Xxxxx, Assistant Vice President Phone No.: 000-000-0000 Email Address: xxxxxxx.xxxxx@xxxxxxx.xxx
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Collateral Administrator. A Collateral Administrator Default or a Collateral Administrator MAE shall occur and Sellers have not (A) appointed a successor Collateral Administrator reasonably acceptable to Buyer and (B) delivered a fully executed Collateral Administrator Notice with such successor Collateral Administrator, in each case within thirty (30) days following the occurrence of such Collateral Administrator Default or Collateral Administrator MAE, as applicable; or
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Collateral Administrator 
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Related to Collateral Administrator

  • Collateral Agent (a) The Trustee and each of the Holders by acceptance of the Notes hereby designates and appoints the Collateral Agent as its agent under this Indenture, the Collateral Documents and the Intercreditor Agreements and the Trustee and each of the Holders by acceptance of the Notes hereby irrevocably authorizes the Collateral Agent to take such action on its behalf under the provisions of this Indenture, the Collateral Documents and the Intercreditor Agreements and to exercise such powers and perform such duties as are expressly delegated to the Collateral Agent by the terms of this Indenture, the Collateral Documents and the Intercreditor Agreements, and consents and agrees to the terms of the Intercreditor Agreements and each Collateral Document, as the same may be in effect or may be amended, restated, supplemented or otherwise modified from time to time in accordance with their respective terms. The Collateral Agent agrees to act as such on the express conditions contained in this Section 12.9. The provisions of this Section 12.9 are solely for the benefit of the Collateral Agent and none of the Trustee, any of the Holders nor any of the Grantors shall have any rights as a third party beneficiary of any of the provisions contained herein other than as expressly provided in Section 12.4. Each Holder agrees that any action taken by the Collateral Agent in accordance with the provision of this Indenture, the Intercreditor Agreements and the Collateral Documents, and the exercise by the Collateral Agent of any rights or remedies set forth herein and therein shall be authorized and binding upon all Holders. Notwithstanding any provision to the contrary contained elsewhere in this Indenture, the Collateral Documents and the Intercreditor Agreements, the duties of the Collateral Agent shall be ministerial and administrative in nature, and the Collateral Agent shall not have any duties or responsibilities, except those expressly set forth herein and in the other Notes Documents to which the Collateral Agent is a party, nor shall the Collateral Agent have or be deemed to have any trust or other fiduciary relationship with the Trustee, any Holder or any Grantor, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Indenture, the Collateral Documents and the Intercreditor Agreements or otherwise exist against the Collateral Agent. Without limiting the generality of the foregoing sentence, the use of the term “agent” in this Indenture with reference to the Collateral Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom, and is intended to create or reflect only an administrative relationship between independent contracting parties.

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