Common use of Collateral Sub-Agents Clause in Contracts

Collateral Sub-Agents. Each Lender by its execution and delivery of this Agreement agrees, as contemplated by the Security Documents, that, in the event it shall hold any Liquid Investments referred to therein, such Liquid Investments shall be held in the name and under the control of such Lender and such Lender shall hold such Liquid Investments as a collateral sub-agent for the Administrative Agent thereunder.

Appears in 19 contracts

Samples: Credit Agreement (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc)

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Collateral Sub-Agents. Each Lender by its execution and delivery of this Agreement agrees, as contemplated by the Security DocumentsInstruments, that, in the event it shall hold any Liquid Investments referred to therein, such Liquid Investments shall be held in the name and under the control of such Lender and such Lender shall hold such Liquid Investments as a collateral sub-agent for the Administrative Agent thereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Dental Partners Inc)

Collateral Sub-Agents. Each Lender by its execution and delivery of this Agreement agrees, as contemplated by the Security Documents, that, in the event it shall hold any Liquid Investments referred to therein, such Liquid Investments shall be held in the name 92 and under the control of such Lender and such Lender shall hold such Liquid Investments as a collateral sub-agent for the Administrative Agent thereunder.

Appears in 1 contract

Samples: Credit Agreement (Iron Mountain Inc/Pa)

Collateral Sub-Agents. Each Lender by its execution and delivery --------------------- of this Agreement agrees, as contemplated by the Security DocumentsInstruments, that, in the event it shall hold any Liquid Investments referred to therein, such Liquid Investments shall be held in the name and under the control of such Lender and such Lender shall hold such Liquid Investments as a collateral sub-sub- agent for the Administrative Agent thereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Dental Partners Inc)

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Collateral Sub-Agents. Each Lender by its execution and --------------------- delivery of this Agreement agrees, as contemplated by the Security DocumentsInstruments, that, in the event it shall hold any Liquid Investments referred to therein, such Liquid Investments shall be held in the name and under the control of such Lender and such Lender shall hold such Liquid Investments as a collateral sub-agent for the Administrative Agent thereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Dental Partners Inc)

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