Common use of Collateral Documents; Intercreditor Agreement Clause in Contracts

Collateral Documents; Intercreditor Agreement. By their acceptance of the Notes, the Holders hereby authorize and direct the Trustee and the Collateral Trustee, as the case may be, to execute and deliver the Collateral Trust Agreement, any other Intercreditor Agreement and any other Collateral Documents in which the Trustee or the Collateral Trustee, as applicable, is named as a party, including any Collateral Documents or Intercreditor Agreements executed after the Issue Date. It is hereby expressly acknowledged and agreed that, in doing so, the Trustee and the Collateral Trustee are (a) expressly authorized to make the representations attributed to Holders in any such agreements and (b) not responsible for the terms or contents of such agreements, or for the validity or enforceability thereof, or the sufficiency thereof for any purpose. Whether or not so expressly stated therein, in entering into, or taking (or forbearing from) any action under, any Intercreditor Agreement or any other Collateral Documents, the Trustee shall have all of the rights, immunities, indemnities and other protections granted to it under this Indenture (in addition to those that may be granted to it under the terms of such other agreement or agreements).

Appears in 3 contracts

Samples: Indenture (Concordia International Corp.), Indenture (Concordia Investment Holdings (Jersey) LTD), Indenture (Concordia International Corp.)

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Collateral Documents; Intercreditor Agreement. By their acceptance of the Notes, the Holders hereby authorize and direct the Trustee and the Collateral TrusteeAgent, as the case may be, to execute and deliver the Collateral Trust Agreement, any other Intercreditor Agreement and any other Collateral Documents in which the Trustee or the Collateral TrusteeAgent, as applicable, is named as a party, including any Collateral Documents or Intercreditor Agreements executed after the Issue Date. It is hereby expressly acknowledged and agreed that, in doing so, the Trustee and the Collateral Trustee Agent are (a) expressly authorized to make the representations attributed to Holders in any such agreements and (b) not responsible for the terms or contents of such agreements, or for the validity or enforceability thereof, or the sufficiency thereof for any purpose. Whether or not so expressly stated therein, in entering into, or taking (or forbearing from) any action under, any the Intercreditor Agreement or any other Collateral Documents, the Trustee and the Collateral Agent each shall have all of the rights, immunities, indemnities and other protections granted to it under this Indenture (in addition to those that may be granted to it under the terms of such other agreement or agreements).

Appears in 3 contracts

Samples: Indenture (Essar Steel Canada Inc.), Indenture (Essar Steel Algoma Inc.), Indenture (Heinz H J Co)

Collateral Documents; Intercreditor Agreement. By their acceptance of the Notes, the Holders hereby authorize and direct the Trustee and the Collateral TrusteeAgent, as the case may be, to execute and deliver the Collateral Trust Agreement, any other Intercreditor Agreement and any other Collateral Documents in which the Trustee or the Collateral TrusteeAgent, as applicable, is named as a party, including any Collateral Documents or Intercreditor Agreements executed after the Issue Date. It is hereby expressly acknowledged and agreed that, in doing so, the Trustee and the Collateral Trustee Agent are (a) expressly authorized to make the representations attributed to Holders in any such agreements and (b) not responsible for the terms or contents of such agreements, or for the validity or enforceability thereof, or the sufficiency thereof for any purpose. Whether or not so expressly stated therein, in entering into, or taking (or forbearing from) any action under, any the Intercreditor Agreement or any other Collateral Documents, the Trustee and the Collateral Agent each shall have all of the rights, immunities, indemnities and other protections granted to it under this Indenture (in addition to those that may be granted to it under the terms of such other agreement or agreements).

Appears in 2 contracts

Samples: Indenture (Concordia International Corp.), Pledge and Security Agreement (Concordia International Corp.)

Collateral Documents; Intercreditor Agreement. By their acceptance of the Notes, the Holders hereby authorize and direct the Trustee and the Collateral TrusteeAgent, as the case may be, to execute and deliver the Collateral Trust Agreement, any other Intercreditor Agreement Agreements and any other Collateral Documents in which the Trustee or the Collateral TrusteeAgent, as applicable, is named as a party, including any Collateral Documents or Intercreditor Agreements executed after the Issue Date. It is hereby expressly acknowledged and agreed that, in doing so, the Trustee and the Collateral Trustee Agent are (a) expressly authorized to make the representations attributed to Holders in any such agreements and (b) not responsible for the terms or contents of such agreements, or for the validity or enforceability thereof, or the sufficiency thereof for any purpose. Whether or not so expressly stated therein, in entering into, or taking (or forbearing from) any action under, any the Intercreditor Agreement Agreements or any other Collateral Documents, the Trustee and the Collateral Agent each shall have all of the rights, immunities, indemnities and other protections granted to it under this Indenture (in addition to those that may be granted to it under the terms of such other agreement or agreements).

Appears in 1 contract

Samples: Indenture (Acelity L.P. Inc.)

Collateral Documents; Intercreditor Agreement. By their acceptance of the Notes, the Holders hereby authorize and direct the Trustee and the Collateral Trustee, as the case may be, Agent to execute and deliver the Collateral Trust Agreement, any other Intercreditor Agreement and any other Collateral Note Documents in which the Trustee or the Collateral Trustee, as applicable, Agent is named as a party, including any Collateral Note Documents or Intercreditor Agreements executed after the Issue Closing Date. It is hereby expressly acknowledged and agreed that, in doing so, the Trustee and the Collateral Trustee are Agent is (a) expressly authorized to make the representations attributed to the Holders in any such agreements and (b) not responsible for the terms or contents of such agreements, or for the validity or enforceability thereof, or the sufficiency thereof for any purpose. Whether or not so expressly stated therein, in entering into, or taking (or forbearing from) any action underunder the Intercreditor Agreement, any Intercreditor Agreement the Note Guaranty or any other Collateral DocumentsNote Document, the Trustee Collateral Agent shall have all of the rights, immunities, indemnities and other protections granted to it under this Indenture Agreement and the Collateral Documents (in addition to those that may be granted to it under the terms of such other agreement or agreements).

Appears in 1 contract

Samples: Note Purchase Agreement (Global Cash Access Holdings, Inc.)

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Collateral Documents; Intercreditor Agreement. By their acceptance of the Notes, the Holders hereby authorize and direct the Trustee and the Collateral TrusteeAgent, as the case may be, to execute and deliver the Collateral Trust Agreement, any other Intercreditor Agreement and any other Collateral Documents in which the Trustee or the Collateral TrusteeAgent, as applicable, is named as a party, including any Collateral Documents or Intercreditor Agreements executed after the Issue Date. It is hereby expressly acknowledged and agreed that, in doing so, the Trustee and the Collateral Trustee Agent are (a) expressly authorized to make the representations attributed to Holders in any such agreements and (b) not responsible for the terms or contents of such agreements, or for the validity or enforceability thereof, or the sufficiency thereof for any purpose. Whether or not so expressly stated therein, in entering into, or taking (or forbearing from) any action under, any Intercreditor Agreement or any other Collateral Documents, the Trustee and the Collateral Agent each shall have all of the rights, immunities, indemnities and other protections granted to it under this Indenture (in addition to those that may be granted to it under the terms of such other agreement or agreements).

Appears in 1 contract

Samples: Indenture (Foundation Building Materials, Inc.)

Collateral Documents; Intercreditor Agreement. By their acceptance of the Notes, the Holders hereby authorize and direct the Trustee and the Notes Collateral TrusteeAgent, as the case may be, to execute and deliver the Collateral Trust Agreement, any other Intercreditor Agreement and any other Collateral Documents in which the Trustee or the Notes Collateral TrusteeAgent, as applicable, is named as a party, including any Collateral Documents or Intercreditor Agreements executed after the Issue Date. It is hereby expressly acknowledged and agreed that, in doing so, the Trustee and the Notes Collateral Trustee Agent are (a) expressly authorized to make the representations attributed to Holders in any such agreements and (b) not responsible for the terms or contents of such agreements, or for the validity or enforceability thereof, or the sufficiency thereof for any purpose. Whether or not so expressly stated therein, in entering into, or taking (or forbearing from) any action under, any the Intercreditor Agreement or any other Collateral Documents, the Trustee and the Notes Collateral Agent each shall have all of the rights, immunities, indemnities and other protections granted to it under this Indenture (in addition to those that may be granted to it under the terms of such other agreement or agreements).

Appears in 1 contract

Samples: Indenture (Infor, Inc.)

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