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

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided, however, that if the Company or any other Pledgor shall make a written demand for a termination statement under Section 9-513(c) of the UCC 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 such Company or Pledgor to comply with the requirements of such UCC provision.

Appears in 1 contract

Samples: Collateral Trust Agreement (Iwo Holdings Inc)

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Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on security interest in any Collateral; provided, however, that if the Company Borrower or any other Pledgor shall make a written demand for a termination statement under Section 9-513(c) of the UCC 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 satisfiedUCC, the Collateral Trustee shall comply with the written request of such Company Borrower or Pledgor to comply with the requirements of such UCC provision, provided, that the Collateral Trustee must first confirm with the Secured Debt Representatives that the requirements of such UCC provisions have been satisfied.

Appears in 1 contract

Samples: Collateral Trust Agreement (Midwest Generation LLC)

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on security interest in any Collateral; provided, however, that if the Company Borrower or any other Pledgor shall make a written demand for a termination statement under Section 9-513(c) of the UCC 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 satisfiedUCC, the Collateral Trustee shall comply with the written request of such Company Borrower or Pledgor to comply with the requirements of such UCC provision, provided, that the Collateral Trustee must first confirm with the Secured Debt Representatives that the requirements of such UCC provisions have been satisfied. ARTICLE 5.

Appears in 1 contract

Samples: Collateral Trust Agreement (Midwest Generation LLC)

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided, however, that if the Company Issuer or any other Pledgor Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC 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 satisfiedUCC, the Collateral Trustee shall comply with the written request of such Company Issuer or Pledgor Grantor to comply with the requirements of such UCC 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.

Appears in 1 contract

Samples: Collateral Trust Agreement (Alliance One International, Inc.)

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

Appears in 1 contract

Samples: Collateral Trust Agreement (Foresight Energy LP)

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Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided, however, that if the Company GXS or any other Pledgor Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC 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 satisfiedUCC, the Collateral Trustee shall comply with the written request of GXS or such Company or Pledgor Grantor to comply with the requirements of such UCC provision; provided, further, that the Collateral Trustee must first confirm with the Secured Debt Representatives that the requirements of such UCC provisions have been satisfied.

Appears in 1 contract

Samples: Collateral Trust Agreement (GXS Investments, Inc.)

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided, however, that if the Company Borrower or any other Pledgor Guarantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC 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 satisfiedUCC, the Collateral Trustee shall comply with the written request of such Company Borrower or Pledgor other Guarantor to comply with the requirements of such UCC provision; provided, further, that the Collateral Trustee must first confirm with the applicable Secured Debt Representatives that the requirements of such UCC provisions have been satisfied.

Appears in 1 contract

Samples: Collateral Trust Agreement

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided, however, that if the Company Delta or any other Pledgor Grantor shall make a written demand for a termination statement under Section 9-513(c9‑513(c) of the UCC 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 satisfiedUCC, the Collateral Trustee shall comply with the written request of Delta or such Company or Pledgor Grantor to comply with the requirements of such UCC provision; provided, further, that the Collateral Trustee must first confirm with the Secured Debt Representatives that the requirements of such UCC provisions have been satisfied.

Appears in 1 contract

Samples: Collateral Trust Agreement (Delta Air Lines Inc /De/)

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