Common use of Collateral Matters; Hedging Agreements; Treasury Management Agreements Clause in Contracts

Collateral Matters; Hedging Agreements; Treasury Management Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any Collateral securing the Secured Obligations shall also extend to and be available to Secured Hedging Agreement Counterparties and Secured Treasury Management Counterparties on a pro rata basis (subject to the priorities set forth in Section 10.02(c)) in respect of any obligations of the Borrower or any of its Subsidiaries (other than Immaterial Subsidiaries) which arise under any such Secured Hedging Agreement or Secured Treasury Management Agreement. No Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Secured Hedging Agreements or Secured Treasury Management Agreements. Each Lender, on behalf of itself and its Affiliates who are Secured Hedging Agreement Counterparties, and each Secured Hedging Agreement Counterparty, by accepting the benefits of the Collateral, hereby agrees that the Loan Parties may grant security interests, covering all rights of the Obligors in Hedging Agreements with any Lender or Secured Hedging Agreement Counterparty, to the Administrative Agent under the Security Instruments to secure the Secured Obligations, notwithstanding any restriction on such security interests under any Hedging Agreement.

Collateral Matters; Hedging Agreements; Treasury Management Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any Collateral securing the Secured Obligations Indebtedness shall also extend to and be available to Secured Hedging Agreement Counterparties Providers and the Secured Treasury Management Counterparties on a pro rata basis (subject to the priorities set forth out in Section 10.02(c)) in respect of any obligations Indebtedness of the Borrower or any of its Restricted Subsidiaries (other than Immaterial Subsidiaries) which arise arises under any such Secured Hedging Agreement or Secured Treasury Management Agreement. No Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Secured Hedging Agreements or Secured Treasury Management Agreements. Each Lender, on behalf of itself and its Affiliates who are Secured Hedging Agreement CounterpartiesProviders, and each Secured Hedging Agreement CounterpartyProvider, by accepting the benefits of the Collateral, hereby agrees that the Loan Parties may grant security interests, covering all rights of the Obligors Loan Parties in Hedging Agreements with any Lender or Secured Hedging Agreement CounterpartyProvider, to the Administrative Agent under the Security Instruments to secure the Secured ObligationsIndebtedness, notwithstanding any restriction on such security interests under any Hedging Agreement.

Collateral Matters; Hedging Agreements; Treasury Management Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any Collateral securing the Secured Obligations Indebtedness shall also extend to and be available to Secured Hedging Agreement Counterparties Providers and the Secured Treasury Management Counterparties on a pro rata basis (subject to the priorities set forth out in Section 10.02(c)) in respect of any obligations Indebtedness of the Borrower or any of its Restricted Subsidiaries (other than Immaterial Subsidiaries) which arise arises under any such Secured Hedging Agreement or Secured Treasury Management Agreement. No Lender Secured Hedging Provider or any Affiliate of a Lender Secured Treasury Management Counterparty shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Secured Hedging Agreements or Secured Treasury Management Agreements. Each Lender, on behalf of itself and its Affiliates who are Secured Hedging Agreement CounterpartiesProviders, and each Secured Hedging Agreement CounterpartyProvider, by accepting the benefits of the Collateral, hereby agrees that the Loan Parties may grant security interests, covering all rights of the Obligors Loan Parties in Hedging Agreements with any Lender or Secured Hedging Agreement CounterpartyProvider, to the Administrative Agent under the Security Instruments to secure the Secured ObligationsIndebtedness, notwithstanding any restriction on such security interests under any Hedging Agreement.