Collateral Agent’s Lien. Notwithstanding anything to the contrary in this Agreement, as security for the payment of Collateral Agent Fees (a) the Collateral Agent is hereby granted a lien upon all Collateral and (b) the Collateral Agent shall have the right to use and apply any of the funds held by the Collateral Agent in the Collateral Account to cover such Collateral Agent Fees.
Appears in 4 contracts
Samples: Collateral Sharing Agreement (Fisher Scientific International Inc), Collateral Sharing Agreement (Lucent Technologies Inc), Collateral Sharing Agreement (Lucent Technologies Inc)
Collateral Agent’s Lien. Notwithstanding anything to the contrary in this Agreement, as security for the payment of Collateral Agent Fees
(ai) the Collateral Agent is hereby granted a lien upon all the Collateral and other property and funds held or collected by the Collateral Agent hereunder and (bii) the Collateral Agent shall have the right to use and apply any of the funds held by the Collateral Agent in the Collateral Account to cover such Collateral Agent Fees; provided, that the foregoing is not intended to relieve the Borrower of its obligation to pay such Collateral Agent Fees.
Appears in 3 contracts
Samples: Credit, Security, Guaranty and Pledge Agreement (Guilford Mills Inc), Note Agreement (Guilford Mills Inc), Collateral Agency and Intercreditor Agreement (Oneida LTD)
Collateral Agent’s Lien. Notwithstanding anything to the contrary in this Agreement, as security for the payment of Collateral Agent Fees
Fees (a) the Collateral Agent is hereby granted a lien upon and security interest in all Collateral and (b) the Collateral Agent shall have the right to use and apply any of the funds held by the Collateral Agent in the Collateral Account to cover such Collateral Agent Fees.
Appears in 2 contracts
Samples: Collateral Sharing Agreement (Constar Inc), Collateral Sharing Agreement (Constar International Inc)
Collateral Agent’s Lien. Notwithstanding anything to the contrary in this AgreementAgreement or in any other Note Document, as security for the payment of the Collateral Agent Fees
Fees (ai) the Collateral Agent is hereby granted a lien upon all Collateral and (bii) the Collateral Agent shall have the right to use and apply any of the funds held by the Collateral Agent in the Collateral Account Accounts to cover such Collateral Agent Fees.
Appears in 2 contracts
Samples: Note Security Agreement (Cellu Tissue Holdings, Inc.), Security Agreement (Cellu Tissue Holdings, Inc.)
Collateral Agent’s Lien. Notwithstanding anything to the contrary in this Collateral Agent Agreement, as security for the payment of the expenses of the Collateral Agent Fees
hereunder (ai) the Collateral Agent is hereby granted a lien first and prior Lien by each Grantor, the Lenders and the Term Loan B Lenders upon all Collateral and (bii) the Collateral Agent shall have the right to use and apply any of the funds held by the Collateral Agent in the Collateral Account to cover such Collateral Agent Feesexpenses.
Appears in 2 contracts
Samples: Credit Agreement (General Communication Inc), Credit Agreement (General Communication Inc)
Collateral Agent’s Lien. Notwithstanding anything to the contrary in this Agreement, as security for the payment of Collateral Agent Fees
Fees (a) the Collateral Agent is hereby granted a lien upon all Collateral and (b) the Collateral Agent shall have the right to use and apply any of the funds held by the Collateral Agent in the Collateral Account to cover such Collateral Agent Fees.
Appears in 2 contracts
Samples: Collateral Sharing Agreement (Lucent Technologies Inc), Collateral Sharing Agreement (Crown Cork & Seal Co Inc)
Collateral Agent’s Lien. Notwithstanding anything to the contrary in this Agreement, as security for the payment of Collateral Agent Fees
Fees (a) the Collateral Agent is hereby granted a lien upon all of the Collateral and (b) the Collateral Agent shall have the right to use and apply any of the funds held by the Collateral Agent in the any Collateral Account to cover such Collateral Agent Fees.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Kerr McGee Corp /De)
Collateral Agent’s Lien. Notwithstanding anything to the contrary in this Agreement, as security for the payment of Collateral Agent FeesExpenses
(a) the Collateral Agent is hereby granted a lien upon all Collateral and (b) the Collateral Agent shall have the right to use and apply any of the funds held by the Collateral Agent in the Primary Collateral Account to cover such Collateral Agent FeesExpenses.
Appears in 1 contract
Collateral Agent’s Lien. Notwithstanding anything to the contrary in this AgreementAgreement or in any other Security Document, as security for the payment of the Collateral Agent Fees
Fees (ai) the Collateral Agent is hereby granted a lien upon all Collateral and (bii) the Collateral Agent shall have the right to use and apply any of the funds held by the Collateral Agent in the Collateral Account to cover such Collateral Agent Fees.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Donnelley R H Inc)
