Common use of Collateral Documents; Additional Collateral Clause in Contracts

Collateral Documents; Additional Collateral. (a) In order to secure the due and punctual payment of the principal of, premium, if any, and interest on the Notes when and as the same shall be due and payable, whether on an Interest Payment Date, at maturity, pursuant to an Asset Disposition Offer or Change of Control Offer, or by acceleration, redemption or otherwise, and interest on the overdue principal of and (to the extent permitted by law) interest, if any, on the Notes and the performance of all other obligations of the Company and the Guarantors to the Holders, the Trustee and the Collateral Agent under this Indenture, the Notes, the Collateral Documents and any other documents contemplated hereby, the Company, the Guarantors and the Collateral Agent have simultaneously with the execution of this Indenture entered into the Security Agreement, and may in the future enter into additional Collateral Documents. The Collateral Agent, the Trustee, the Company and the Guarantors each hereby agree that the Collateral Agent holds its interest in the Collateral in trust for its benefit, the benefit of the Trustee and the benefit of the Holders pursuant to the terms of the Collateral Documents. Each of the Company and the Guarantors covenants and agrees that it will execute, acknowledge and deliver to the Collateral Agent such further assignments, transfers, assurances or other instruments and will do or cause to be done all such acts and things as may be necessary or proper to assure and confirm to the Collateral Agent its interest in the Collateral (other than such acts and things that relate solely to the perfection of the Collateral Agent's security interest in Unperfected Collateral), or any part thereof, as from time to time constituted, and the right, title and interest in and to the Collateral Documents so as to render the same available for the security and benefit of this Indenture and of the Notes.

Appears in 2 contracts

Samples: Indenture (Loral Space & Communications Inc.), Loral Orion Inc

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Collateral Documents; Additional Collateral. (a) In order to secure the due and punctual payment of the principal of, premium, if any, and interest on the Notes when and as the same shall be due and payable, whether on an Interest Payment Date, at maturity, pursuant to an on any Asset Disposition Offer Sale Purchase Date or Change of Control OfferPurchase Date, or by acceleration, redemption or otherwise, and interest on the overdue principal of and (to the extent permitted by law) interest, if any, on the Notes and the performance of all other obligations of the Company and the Subsidiary Guarantors to the Holders, Holders or the Trustee and the Collateral Agent under this Indenture, the Notes, the Collateral Documents Subsidiary Guarantees, and any other documents contemplated hereby, as the case may be, the Company, the Subsidiary Guarantors and the Collateral Agent Trustee, as applicable, have simultaneously with the execution of this Indenture entered into the Security AgreementCollateral Documents, and may in the future enter into additional Collateral Documents. The Collateral Agent, the Trustee, the Company and the Subsidiary Guarantors each hereby agree that the Collateral Agent Trustee holds its interest in the Collateral in trust for its benefit, the benefit of the Trustee and the benefit of the Holders pursuant to the terms of the Collateral Documents, and that the Trustee may hold such interest through a collateral agent (including, without limitation, the collateral agent appointed in the Intercreditor Agreement as in effect as of the Issue Date). Each of the Company and the Subsidiary Guarantors covenants and agrees that it will execute, acknowledge and deliver to the Collateral Agent Trustee such further assignments, transfers, assurances or other instruments and will do or cause to be done all such acts and things as may be necessary or proper to assure and confirm to the Collateral Agent Trustee its interest in the Collateral (other than such acts and things that relate solely to the perfection of the Collateral Agent's security interest in Unperfected Collateral), or any part thereof, as from time to time constituted, and the right, title and interest in and to the Collateral Documents so as to render the same available for the security and benefit of this Indenture and of the Notes.

Appears in 2 contracts

Samples: Intercreditor and Collateral Agency Agreement (RBX Corp), Indenture (RBX Corp)

Collateral Documents; Additional Collateral. (a) In order to secure the due and punctual payment of the principal of, premiumof and interest and Liquidated Damages, if any, and interest on the Notes when and as the same shall be due and payable, whether on an Interest Payment Date, at maturity, pursuant to an on any Asset Disposition Offer Sale Purchase Date or Change of Control OfferPurchase Date, or by acceleration, redemption or otherwise, and interest on the overdue principal of and (to the extent permitted by law) interest, if any, on the Notes and the performance of all other obligations of the Company and the Subsidiary Guarantors to the Holders, Holders or the Trustee and the Collateral Agent under this Indenture, the Notes, the Collateral Documents Subsidiary Guarantees, and any other documents contemplated hereby, as the case may be, the Company, the Subsidiary Guarantors and the Collateral Agent Trustee, as applicable, have simultaneously with the execution of this Indenture entered into the Security Agreement, and may in the future enter into additional Collateral Documents. The Collateral Agent, the Trustee, the Company and the Subsidiary Guarantors each hereby agree that the Collateral Agent Trustee holds its interest in the Collateral in trust for its benefit, the benefit of the Trustee and the benefit of the Holders pursuant to the terms of the Collateral Documents. Each of the Company and the Subsidiary Guarantors covenants and agrees that it will execute, acknowledge and deliver to the Collateral Agent Trustee such further assignments, transfers, assurances or other instruments and will do or cause to be done all such acts and things as may be necessary or proper to assure and confirm to the Collateral Agent Trustee its interest in the Collateral (other than such acts and things that relate solely to the perfection of the Collateral Agent's security interest in Unperfected Collateral), or any part thereof, as from time to time constituted, and the right, title and interest in and to the Collateral Documents so as to render the same available for the security and benefit of this Indenture and of the Notes.

Appears in 1 contract

Samples: RBX Corp

Collateral Documents; Additional Collateral. (a) In order to secure the due and punctual payment of the principal of, premium, if any, and interest on the Notes when and as the same shall be due and payable, whether on an Interest Payment Date, at maturity, pursuant to an on any Asset Disposition Offer Sale Purchase Date or Change of Control OfferPurchase Date, or by acceleration, redemption or otherwise, and interest on the overdue principal of and (to the extent permitted by law) interest, if any, on the Notes and the performance of all other obligations of the Company and the Subsidiary Guarantors to the Holders, Holders or the Trustee and the Collateral Agent under this Indenture, the Notes, the Collateral Documents Subsidiary Guarantees, and any other documents contemplated hereby, as the case may be, the Company, the Subsidiary Guarantors and the Collateral Agent Trustee, as applicable, have simultaneously with the execution of this Indenture entered into the Security AgreementCollateral Documents, and may in the future enter into additional Collateral Documents. The Collateral Agent, the Trustee, the Company and the Subsidiary Guarantors each hereby agree that the Collateral Agent Trustee holds its interest in the Collateral in trust for its benefit, the benefit of the Trustee and the benefit of the Holders pursuant to the terms of the Collateral Documents. Each of the Company and the Subsidiary Guarantors covenants and agrees that it will execute, acknowledge and deliver to the Collateral Agent Trustee such further assignments, transfers, assurances or other instruments and will do or cause to be done all such acts and things as may be necessary or proper to assure and confirm to the Collateral Agent Trustee its interest in the Collateral (other than such acts and things that relate solely to the perfection of the Collateral Agent's security interest in Unperfected Collateral), or any part thereof, as from time to time constituted, and the right, title and interest in and to the Collateral Documents so as to render the same available for the security and benefit of this Indenture and of the Notes.

Appears in 1 contract

Samples: RBX Corp

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Collateral Documents; Additional Collateral. (a) In order to secure the due and punctual payment of the principal of, premium, if any, and interest on the Notes when and as the same shall be due and payable, whether on an Interest Payment Date, at maturity, pursuant to an Asset Disposition Offer or Change of Control Offer, or by acceleration, redemption or otherwise, and interest on the overdue principal of and (to the extent permitted by law) interest, if any, on the Notes and the performance of all other obligations of the Company and the Guarantors to the Holders, the Trustee and the Collateral Agent under this Indenture, the Notes, the Collateral Documents and any other documents contemplated hereby, the Company, the Guarantors and the Collateral Agent have simultaneously with the execution of this Indenture entered into the Security Agreement, and may in the future enter into additional Collateral Documents. The Collateral Agent, the Trustee, the Company and the Guarantors each hereby agree that the Collateral Agent holds its interest in the Collateral in trust for its benefit, the benefit of the Trustee and the benefit of the Holders pursuant to the terms of the Collateral Documents. Each of the Company and the Guarantors covenants and agrees that it will execute, acknowledge and deliver to the Collateral Agent such further assignments, transfers, assurances or other instruments and will do or cause to be done all such acts and things as may be necessary or proper to assure and confirm to the Collateral Agent its interest in the Collateral (other than such acts and things that relate solely to the perfection of the Collateral Agent's security interest in Unperfected Collateral), or any part thereof, as from time to time constituted, and the right, title and interest in and to the Collateral Documents so as to render the same available for the security and benefit of this Indenture and of the Notes.

Appears in 1 contract

Samples: Loral Orion Inc

Collateral Documents; Additional Collateral. (a) In order to secure the due and punctual payment of the principal of, interest on and premium, if any, and interest on the Notes when and as the same shall be become due and payable, whether on an Interest Payment Dateinterest payment date, at maturity, pursuant to an upon any Asset Disposition Offer Sale or Change of Control OfferControl, or by acceleration, redemption or otherwise, and interest on the overdue principal of and (to the extent permitted by law) interest, if any, on the Notes and the performance of all other obligations of the Company Issuer and the Guarantors to the Holders, Holders or the Trustee and the Collateral Agent under this Indenture, the Notes, the Collateral Documents Guarantees, and any other documents contemplated hereby, as the Companycase may be, the Issuer, the Guarantors and the Collateral Agent Trustee, as applicable, have simultaneously with the execution of this Indenture entered into the Security Agreement, and may in the future enter into additional Collateral Documents. The Collateral Agent, the Trustee, the Company Issuer and the Guarantors each hereby agree that the Collateral Agent Trustee holds its interest in the Collateral in trust for its benefit, the benefit of the Trustee and the benefit of the Holders pursuant to the terms of the Collateral Documents. Each of the Company Issuer and the Guarantors covenants and agrees that it will execute, acknowledge and deliver to the Collateral Agent Trustee such further assignments, transfers, assurances or other instruments and will do or cause to be done all such acts and things as may be necessary or proper to assure and confirm to the Collateral Agent Trustee its interest in the Collateral (other than such acts and things that relate solely to the perfection of the Collateral Agent's security interest in Unperfected Collateral), or any part thereof, as from time to time constituted, and the right, title and interest in and to the Collateral Documents so as to render the same available for the security and benefit of this Indenture and of the Notes.

Appears in 1 contract

Samples: Amm Holdings Inc

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