Common use of Collateral Trustee not Required to Serve, File or Record Clause in Contracts

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided that if the Company or any other Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company or Grantor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same); provided, further, that the Collateral Trustee must first confirm with the Parity Lien Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided provided, however, that if the Company Borrower or any other Grantor Guarantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company Borrower or Grantor such Guarantor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same)provision; provided, further, that the Collateral Trustee must first confirm with the Parity Lien Secured Debt Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2the terms of the Security Documents, the Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided provided, however, that if the Company Issuer, Co-Issuer or any other Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company such Issuer, Co-Issuer or Grantor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to at the sameIssuer’s cost or expense); provided, further, that the Collateral Trustee must first confirm with the Parity Lien Authorized Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided provided, however, that if the Company or any other Grantor Pledgor shall make a written demand for a termination statement under Section 9-513(c) of the UCCUCC and the Collateral Trustee shall have received written confirmation from the Secured Debt Representatives that the requirements of Section 9-513(c) of the UCC have been satisfied, the Collateral Trustee shall comply with the written request of the such Company or Grantor Pledgor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same); provided, further, that the Collateral Trustee must first confirm with the Parity Lien Representatives that the requirements of such UCC provisions have been satisfiedprovision.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided that if the Company or any other Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company or any other Grantor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same); provided, further, that the Collateral Trustee must may first confirm with the Parity Lien Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided that if the Company or any other Grantor Mortgagor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company or Grantor Mortgagor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same); provided, further, that the Collateral Trustee must first confirm with the Parity Lien Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided that if the Company or any other Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company or any other Grantor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same)provision; provided, further, that the Collateral Trustee must first confirm with the Parity Lien Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided provided, however, that if the Company IGN or any other Grantor Pledgor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company IGN or Grantor such Pledgor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same)provision; provided, further, that the Collateral Trustee must first confirm with the Parity First Lien Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided provided, however, that if the Company Satmex or any other Grantor Guarantor shall make a written demand for the execution, if required, of a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the such written request of the Company Satmex or Grantor such Guarantor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating provision, if the applicable Secured Debt Representative(s) have confirmed in writing to the same); provided, further, that the Collateral Trustee must first confirm with the Parity Lien Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided provided, however, that if the Company Borrower or any other Grantor Guarantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company such Borrower or Grantor Guarantor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same)provision; provided, further, that the Collateral Trustee must first confirm with the Parity Pari Passu Lien Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided that if the Company or any other Grantor Obligor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company or Grantor such Obligor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same); provided, further, that the Collateral Trustee must first confirm with the Parity Lien Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided that if the Company or any other Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company or Grantor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same)provision; provided, further, that the Collateral Trustee must first confirm with the Parity Third Lien Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided that if the Company or any other Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company or Grantor to comply with the requirements of such UCC provision (at the sole cost and expense of the Company or such Grantor and which written request must be accompanied by an Officers’ Certificate relating to the same); provided, further, that the Collateral Trustee must first confirm with the Parity Lien Representatives that the requirements of such UCC provisions have been satisfied.

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the The Collateral Trustee is not required to prepare, serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided provided, however, that if the Company any Issuer or any other Grantor Guarantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of the Company such Issuer or Grantor Guarantor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same)provision; provided, further, that the Collateral Trustee must first confirm with the Parity Lien Secured Debt Representatives that the requirements of such UCC provisions have been satisfied (and the Secured Debt Representatives shall promptly provide such confirmation in the event that the requirements of such UCC provisions have been satisfied).

Collateral Trustee not Required to Serve, File or Record. Subject to Section 3.2, the The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided provided, however, that if the Company or any other Grantor Pledgor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall shall, at the expense of the Company, comply with the written request of the Company such Borrower or Grantor Pledgor to comply with the requirements of such UCC provision (which written request must be accompanied by an Officers’ Certificate relating to the same)provision; provided, further, that the Collateral Trustee must first confirm with the Parity Lien Secured Debt Representatives that the requirements of such UCC provisions have been satisfied.