Collateral Custodian Sample Clauses

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. Designation of Collateral Custodian 180 Section 11.02 Duties of Collateral Custodian 181 Section 11.03 Merger or Consolidation 183 Section 11.04 Collateral Custodian Compensation 184 Section 11.05 Collateral Custodian Removal 184 Section 11.06 Limitation on Liability 184 Section 11.07 Collateral Custodian Resignation 185 Section 11.08 Release of Documents 186 Section 11.09 Return of Required Loan Documents 186 Section 11.10 Access to Certain Documentation and Information Regarding the Collateral 187 Section 11.11 Bailment 187 Section 12.01 Amendments and Waivers 187 Section 12.02 Notices, Etc. 188 Section 12.03 No Waiver; Remedies 191 Section 12.04 Binding Effect; Assignability; Multiple Lenders 191 Section 12.05 Term of This Agreement 192 Section 12.06 GOVERNING LAW; JURY WAIVER 193 Section 12.07 Costs, Expenses and Taxes 194 Section 12.08 Further Assurances 195 Section 12.09 Recourse Against Certain Parties 195 Section 12.10 Execution in Counterparts; Severability; Integration 196 Section 12.11 Characterization of Conveyances Pursuant to the Purchase and Sale Agreement 196 Section 12.12 Confidentiality 197 Section 12.13 Waiver of Set Off 199 Section 12.14 Headings and Exhibits 199 Section 12.15 Ratable Payments 199 Section 12.16 Failure of Borrower or Servicer to Perform Certain Obligations 199 Section 12.17 Power of Attorney 199 Section 12.18 Delivery of Termination Statements, Releases, etc. 199 Section 12.19 Non-Petition 200 Section 12.20 Acknowledgment and Consent to Bail-In of Affected Financial Institutions 200 Section 12.21 Return of Certain Payments 201

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, 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 ▇▇▇▇▇▇/TRG Subordination Agreement.

Collateral Custodian. ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION

Collateral Custodian. (a) Without limiting the Agents' or the Lenders' rights with respect to the Collateral, the Collateral Agent has implemented an arrangement, on terms and pursuant to written agreements in form and substance satisfactory to the Collateral Agent, pursuant to which a third party collateral custodian or agent, acceptable to the Collateral Agent (together with any substitute or supplemental collateral custodian or agent, the "Rolling Stock Collateral Custodian") has been engaged, at the expense of the Borrowers, to hold physical possession of original certificates of title or ownership, vehicle registrations and other similar instruments and documents with respect to the Rolling Stock included in the Collateral, upon which certificates of title or ownership the Collateral Agent's Liens shall be noted, and pursuant to which arrangements, on terms and conditions satisfactory to the Collateral Agent, the Rolling Stock Collateral Custodian will, among other things, monitor and render reports to the Agents regarding the acquisition and disposition of such Rolling Stock by the Loan Parties as permitted by this Agreement, and receive and maintain documentation evidencing compliance with vehicle titling and registration requirements under applicable law (including, without limitation, all Motor Vehicle Law), and will assist and cooperate with the Collateral Agent in making the necessary arrangements for such Liens and any releases thereof with respect to the dispositions of Rolling Stock permitted under this Agreement. (b) Upon the occurrence and during the continuance of any Default or 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 Borrowers and charged to the Loan Account.