Common use of Decisions Relating to Exercise of Remedies Clause in Contracts

Decisions Relating to Exercise of Remedies. Notwithstanding anything in this Agreement to the contrary, as provided in the Intercreditor Agreement, the Collateral Agent shall exercise, or shall refrain from exercising any remedy provided for in Section 17(b) in accordance with the instructions of the Requisite Party (as defined in the Intercreditor Agreement) and the Secured Parties shall be bound by such instructions; and the sole rights of the Secured Parties under this Agreement shall be to be secured by the Collateral and to receive the payments provided for in Section 18 hereof.

Decisions Relating to Exercise of Remedies. Notwithstanding anything in this Agreement to the contrary, as provided in the Intercreditor Agreement, the Collateral Agent shall exercise, or shall refrain from exercising any remedy provided for in Section 17(b) herein in accordance with the instructions of the Requisite Party Required Lenders (as defined in the Intercreditor Agreement) and the Secured Parties Beneficiaries shall be bound by such instructions; and the sole rights of the Secured Parties Beneficiaries under this Agreement shall be (i) to be secured by the Pledged Collateral as provided herein and (ii) to receive the payments provided for in Section 18 14 hereof.

Decisions Relating to Exercise of Remedies. Notwithstanding anything in this Agreement to the contrary, as provided in the Intercreditor Agreement, the Collateral Agent shall exercise, or shall refrain from exercising any remedy provided for in Section 17(b8(b)(i) and Section 13(a) hereof in accordance with the instructions of the Requisite Party (as defined in the Intercreditor Agreement) and the Secured Parties shall be bound by such instructions; and the sole rights of the Secured Parties under this Agreement shall be to be secured by the Pledged Collateral as provided herein and to receive the payments provided for in Section 18 14 hereof.