Collateral Custodian. Upon the occurrence and during the continuance of any Event of Default, the Collateral Agent or its designee may at any time and from time to time employ and maintain on the premises of any Loan Party a custodian selected by the Collateral Agent or its designee who shall have full authority to do all acts necessary to protect the Agents’ and the Lenders’ interests. Each Loan Party hereby agrees to, and to cause its Subsidiaries to, cooperate with any such custodian and to do whatever the Collateral Agent or its designee may reasonably request to preserve the Collateral. All costs and expenses incurred by the Collateral Agent or its designee by reason of the employment of the custodian shall be the responsibility of the Borrowers and charged to the Loan Account.
Collateral Custodian. Upon the occurrence and during the continuance of any Event of Default, the Collateral Agent may at any time and from time to time employ and maintain on the premises of any Loan Party a custodian selected by the Collateral Agent who shall have full authority to do all acts necessary to protect the Agents’ and the Lenders’ interests. Each Loan Party hereby agrees to, and to cause its Subsidiaries to, cooperate with any such custodian and to do whatever the Collateral Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Collateral Agent by reason of the employment of the custodian shall be the responsibility of the Borrower and charged to the Loan Account.
Collateral Custodian. Upon the occurrence and continuance of an Event of Default, the Agent may at any time and from time to time employ and maintain in the premises of the Borrowers a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's and Lenders' interests and to report to the Agent thereon. The Borrowers hereby agree to cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent by reason of the employment of the custodian shall be charged to the Borrowers' account and added to the Obligations.
Collateral Custodian. Upon the occurrence and during the continuance of any Event of Default, the Collateral Agent or its designee may at any time and from time to time employ and maintain on the premises of any Loan Party a custodian selected by the Collateral Agent or its designee who shall have full authority to do all acts necessary to protect the Agents’ and the Lenders’ interests. Each Loan Party hereby agrees to, and to cause its Subsidiaries to, cooperate with any such custodian and to do whatever the Collateral Agent or its designee may reasonably request to preserve the Collateral.
Collateral Custodian. Upon the occurrence and during the continuance of any Default or Event of Default, the Agent may at any time and from time to time employ and maintain on the premises of any Obligor a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent’s and the Holders’ interests. Each Obligor hereby agrees to, and to cause its Subsidiaries to, cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent by reason of the employment of the custodian shall be the responsibility of the Issuer and added to the Obligations.
Collateral Custodian. Upon the occurrence and during the continuance of any Default or Event of Default, Agent or its designee may at any time and from time to time employ and maintain on the premises of any Loan Party a custodian selected by Agent or its designee who shall have full authority to do all acts necessary to protect Agent’s and the Lenders’ interests. Each Loan Party hereby agrees to, and to cause its Subsidiaries and Affiliates to, cooperate with any such custodian and to do whatever Agent or its designee may reasonably request to preserve the Collateral. All costs and expenses incurred by Agent or its designee by reason of the employment of the custodian shall be the responsibility of the Borrowers and shall be Obligations. This Section 14.13 shall be subject in all respects to the Hxxxxx/TRG Subordination Agreement.
Collateral Custodian. Section 11.01 Designation of Collateral Custodian 134 Section 11.02 Duties of Collateral Custodian 134 TABLE OF CONTENTS (continued) Page Section 11.03 Merger or Consolidation 137 Section 11.04 Collateral Custodian Compensation 137 Section 11.05 Collateral Custodian Removal 138 Section 11.06 Limitation on Liability 138 Section 11.07 Collateral Custodian Resignation 140 Section 11.08 Release of Documents 140 Section 11.09 Return of Required Loan Documents 141 Section 11.10 Access to Certain Documentation and Information Regarding the Collateral 141 Section 11.11 Agent of the Collateral Agent 142 Section 11.12 Indemnification of the Collateral Custodian 142 ARTICLE XII MISCELLANEOUS Section 12.01 Amendments and Waivers 142 Section 12.02 Notices, Etc. 143 Section 12.03 No Waiver; Remedies 145 Section 12.04 Binding Effect; Assignability; Multiple Lenders 145 Section 12.05 Term of This Agreement 147 Section 12.06 GOVERNING LAW; JURY WAIVER 147 Section 12.07 Costs, Expenses and Taxes 148 Section 12.08 Further Assurances 149 Section 12.09 Recourse Against Certain Parties 149 Section 12.10 Execution in Counterparts; Severability; Integration 150 Section 12.11 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 150 Section 12.12 Confidentiality 151 Section 12.13 Waiver of Set Off 152 Section 12.14 Headings and Exhibits 152 Section 12.15 Ratable Payments 152 Section 12.16 Failure of Borrower or Servicer to Perform Certain Obligations 153 Section 12.17 Power of Attorney 153 Section 12.18 Delivery of Termination Statements, Releases, etc. 153 Section 12.19 Non-Petition 153
Collateral Custodian. Upon the occurrence and during the continuance of any Default or Event of Default, the Lender may at any time and from time to time employ and maintain on the premises of the Borrower a custodian selected by the Lender who shall have full authority to do all acts necessary to protect the Lender's interests. The Borrower hereby agrees to, and to cause its Subsidiaries to, cooperate with any such custodian and to do whatever the Lender may reasonably request to preserve the Collateral. All costs and expenses incurred by the Lender by reason of the employment of the custodian shall be the responsibility of the Borrower and charged to the Loan Account.
Collateral Custodian. Upon the occurrence and during the continuance of any Default or Event of Default, the Agent may at any time and from time to time employ and maintain on the premises of any Loan Party a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's and the Lenders' interests. Each Loan Party hereby agrees to, and to cause its Subsidiaries to, cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent by reason of the employment of the custodian shall be the responsibility of the Borrowers and charged to the Loan Account.
Collateral Custodian. Upon the occurrence and during the continuance of any Event of Default, the Agent may at any time and from time to time employ and maintain on the premises of any Loan Party a custodian selected by the Agent who shall have full authority to do all acts necessary to protect the Agent's interests. Each Loan Party hereby agrees to, and to cause its Subsidiaries to, cooperate with any such custodian and to do whatever the Agent may reasonably request to preserve the Collateral. All costs and expenses incurred by the Agent by reason of the employment of the custodian shall be the responsibility of the Loan Party and charged to the Loan Account.
