Common use of Cooperation; Accountings Clause in Contracts

Cooperation; Accountings. Each of the parties hereto will, upon the reasonable request of another party, from time to time execute and deliver or cause to be executed and delivered such further instruments, and do and cause to be done such further acts as may be necessary or proper to carry out more effectively the provisions of this Agreement. The Secured Parties agree to provide to each other and the Collateral Agent, upon reasonable requests a statement of (i) all payments received in respect of Secured Obligations and (ii) all Secured Obligations owing under the Secured Agreements. In addition, the Collateral Agent shall be entitled to rely conclusively on the information contained in any note register maintained by the Company or Holdings pursuant to the requirements of any Secured Agreement.

Appears in 2 contracts

Samples: Intercreditor and Collateral Agency Agreement (Xm Satellite Radio Inc), Intercreditor and Collateral Agency Agreement (Xm Satellite Radio Inc)

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Cooperation; Accountings. Each of the parties hereto will, upon the reasonable request of another party, from time to time execute and deliver or cause to be executed and delivered such further instruments, and do and cause to be done such further acts as may be necessary or proper to carry out more effectively the provisions of this Agreement. The Secured Parties agree to provide to each other and the Collateral Agent, upon reasonable requests request, a statement of (i) all payments received in respect of Secured Obligations and (ii) all Secured Obligations owing under the Secured Agreements. In addition, the Collateral Agent shall be entitled to rely conclusively on the information contained in any note register maintained by the Company or Holdings pursuant to the requirements of any Secured Agreement.

Appears in 2 contracts

Samples: Intercreditor and Collateral Agency Agreement (Xm Satellite Radio Inc), Intercreditor and Collateral Agency Agreement (Xm Satellite Radio Inc)

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