Common use of Concerning the Collateral and Related Loan Documents Clause in Contracts

Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents relating to the Collateral, for the benefit of the Lender Group. Each member of the Lender Group agrees that any action taken by Agent or all Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by Agent or all Lenders, as applicable, of their respective powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 14 contracts

Samples: Loan and Security Agreement (Guitar Center Inc), Loan and Security Agreement (Guitar Center Inc), Loan and Security Agreement (Cai Wireless Systems Inc)

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Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs the Agent to enter into this Agreement and the other Loan Documents relating to the Collateral, for the benefit of the Lender Group. Each member of the Lender Group agrees that any action taken by the Agent or all Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by the Agent or all Lenders, as applicable, of their respective powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 4 contracts

Samples: Credit and Security Agreement (Emergent Information Technologies Inc), Loan and Security Agreement (Corrections Corp of America/Md), Credit and Security Agreement (Sm&a Corp)

Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent and/or Collateral Agent, as applicable, to enter into this Agreement, the Intercreditor and Collateral Agency Agreement and the other Loan Documents relating to the Collateral, for the benefit of the Lender GroupDocuments. Each member of the Lender Group agrees that any action taken by Agent or all Lenders, as applicable, and/or Collateral Agent in accordance with the terms of this Agreement, the Intercreditor and Collateral Agency Agreement or and the other Loan Documents relating to the Collateral and the exercise by Agent or all Lenders, as applicable, and/or Collateral Agent of their respective its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 2 contracts

Samples: Loan Agreement (Source Interlink Companies Inc), Loan Agreement (Source Interlink Companies Inc)

Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents relating to the CollateralCollateral and the other collateral securing the Obligations, for the benefit of the Lender Group. Each member of the Lender Group agrees that any action taken by Agent or all Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the other collateral securing the Obligations and the exercise by Agent or all Lenders, as applicable, of their respective its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 2 contracts

Samples: Loan and Security Agreement (Orbital Sciences Corp /De/), Loan and Security Agreement (Orbital Sciences Corp /De/)

Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents relating to the Collateral, for the benefit of the Lender Group. Each member of the Lender Group agrees that any action taken by Agent Agent, Requisite Lenders, or all Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by Agent Agent, Requisite Lenders, or all Lenders, as applicable, of their respective powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Todays Man Inc)

Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents relating to the Collateral, for the ratable benefit of the Lender Group. Each member of the Lender Group agrees that any action taken by Agent Agent, Required Lenders, or all Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by Agent Agent, Required Lenders, or all Lenders, as applicable, of their respective powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Samuels Jewelers Inc)

Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent and/or Collateral Agent, as applicable, to enter into this Agreement and the other Loan Documents relating to the Collateral, for the benefit of the Lender GroupDocuments. Each member of the Lender Group agrees that any action taken by Agent or all Lenders, as applicable, and/or Collateral Agent in accordance with the terms of this Agreement or and the other Loan Documents relating to the Collateral and the exercise by Agent or all Lenders, as applicable, and/or Collateral Agent of their respective its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 1 contract

Samples: Loan Agreement (Source Interlink Companies Inc)

Concerning the Collateral and Related Loan Documents. Each member of ------------------------------------------------------ the Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents relating to the Collateral, for the benefit of the Lender Group. Each member of the Lender Group agrees that any action taken by Agent or all Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by Agent or all Lenders, as applicable, of their respective its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Energy Corp of America)

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Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents relating to the Collateral, for the benefit of the Lender GroupGroup and the Bank Product Providers. Each member of the Lender Group agrees that any action taken by Agent or all Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by Agent or all Lenders, as applicable, of their respective its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Amerco /Nv/)

Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan 115 Documents relating to the CollateralCollateral or other collateral securing the Obligations, for the benefit of the Lender GroupGroup and the Bank Product Providers. Each member of the Lender Group agrees that any action taken by Agent or all Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral or any other collateral securing the Obligations and the exercise by Agent or all Lenders, as applicable, of their respective its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (U Haul International Inc)

Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents relating to the Collateral, for the benefit of the Lender Group. Each member of the Lender Group agrees that any action taken by Agent or all the Required Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by Agent or all the Required Lenders, as applicable, of their respective powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Sholodge Inc)

Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent to enter into this Agreement and the other DIP Loan Documents relating to the Collateral, for the benefit of the Lender Group. Each member of the Lender Group agrees that any action taken by Agent or all Lenders, as applicable, in accordance with the terms of this Agreement or the other DIP Loan Documents relating to the Collateral and the exercise by Agent or all Lenders, as applicable, of their respective powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Petsec Energy Inc)

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