Common use of Declaration of Senior Trust Clause in Contracts

Declaration of Senior Trust. To secure the payment of the Priority Lien Obligations and in consideration of the premises and mutual agreements set forth in this Agreement, each of the Borrower and the other Guarantors hereby confirms the grant to the Collateral Trustee, and the Collateral Trustee hereby accepts and agrees to hold, in trust under this Agreement for the benefit of all current and future Priority Lien Secured Parties, all of the Borrower and such other Guarantors’ right, title and interest in, to and under all Collateral, now or hereafter granted to the Collateral Trustee under any Priority Lien Security Document for the benefit of the Priority Lien Secured Parties, together with all of the Collateral Trustee’s right, title and interest in, to and under the Priority Lien Security Documents, and all interests, rights, powers and remedies of the Collateral Trustee thereunder or in respect thereof and all cash and non-cash proceeds thereof (collectively, the “Senior Trust Estate”). The Collateral Trustee will hold the Senior Trust Estate in trust for the benefit solely and exclusively of all current and future Priority Lien Secured Parties as security for the payment of all present and future Priority Lien Obligations. Notwithstanding the foregoing, if at any time:

Declaration of Senior Trust. To secure the payment of the Priority Lien Obligations and in consideration of the premises and the mutual agreements set forth in this Agreement, the Company and each of the Borrower and the other Guarantors Guarantor hereby confirms the grant grants to the Collateral Trustee, and the Collateral Trustee hereby accepts and agrees to hold, in trust under this Agreement for the benefit solely and exclusively of all current and future holders of Priority Lien Secured PartiesObligations, all of the Borrower and Company’s or such other Guarantors’ Guarantor’s right, title and interest in, to and under all Collateral, now or hereafter Collateral granted to the Collateral Trustee under any Priority Lien Security Document for the benefit of the holders of theeach Series of Priority Lien Secured PartiesObligationsDebt, together with all of the Collateral Trustee’s right, title and interest in, to and under the Priority Lien Security Documents, and all interests, rights, powers and remedies of the Collateral Trustee thereunder or in respect thereof and all cash and non-cash proceeds thereof (collectively, the “Senior Trust Estate”). The Collateral Trustee and its successors and assigns under this Agreement will hold the Senior Trust Estate in trust for the benefit solely and exclusively of all current and future holders of each Series of Priority Lien Secured Parties ObligationsDebt as security for the payment of all present current and future Priority Lien ObligationsObligations (the “Senior Trust”). Notwithstanding the foregoing, if at any time:

Declaration of Senior Trust. To secure the payment of the Priority Parity Lien Obligations and in consideration of the premises and mutual agreements set forth in this Agreement, the Company and each of the Borrower and the other Guarantors hereby confirms the grant grants to the Collateral Trustee, and the Collateral Trustee hereby accepts and agrees to hold, in trust under this Agreement for the benefit of all current present and future Priority Parity Lien Secured PartiesRepresentatives and holders of Parity Lien Obligations, all of the Borrower and such other Guarantors’ Company’s or Guarantor’s right, title and interest granted to the Collateral Trustee in, to and under all Collateral, now or hereafter granted to the Collateral Trustee under any Priority Lien Security Document for the benefit of the Priority Parity Lien Secured PartiesRepresentatives and holders of Parity Lien Obligations, together with all of the Collateral Trustee’s right, title and interest in, to and under the Priority Lien Security Documents, and all interests, rights, powers and remedies of the Collateral Trustee thereunder or in respect thereof and all cash and non-cash proceeds thereof (collectively, the “Senior Trust Estate”). The Collateral Trustee and its successors and assigns under this Agreement will hold the Senior Trust Estate in trust for the benefit solely and exclusively of all current present and future Priority Parity Lien Secured Parties Representatives and holders of Parity Lien Obligations as security for the payment of all present and future Priority Parity Lien Obligations. Notwithstanding the foregoing, if at any time:

Declaration of Senior Trust. To secure the payment of the Priority Parity Lien Obligations and in consideration of the premises and mutual agreements set forth in this Agreement, the Company and each of the Borrower and the other Guarantors hereby confirms the grant grants to the Collateral Trustee, and the Collateral Trustee hereby accepts and agrees to hold, in trust under this Agreement for the benefit of all current present and future Priority Parity Lien Secured PartiesRepresentatives and holders of Parity Lien Obligations, all of the Borrower and such other Guarantors’ Company’s or Guarantor’s right, title and interest in, in and to and under all Collateral, now or hereafter the Collateral granted to the Collateral Trustee under any Priority Lien Security Document for the benefit of the Priority Parity Lien Secured PartiesRepresentatives and holders of Parity Lien Obligations, together with all of the Collateral Trustee’s right, title and interest in, to and under the Priority Lien Security Documents, and all interests, rights, powers and remedies of the Collateral Trustee thereunder or in respect thereof and all cash and non-cash proceeds thereof (collectively, the “Senior Trust Estate”). Terremark — Collateral Trust Agreement The Collateral Trustee and its successors and assigns under this Agreement will hold the Senior Trust Estate in trust for the benefit solely and exclusively of all current present and future Priority Parity Lien Secured Parties Representatives and holders of Parity Lien Obligations as security for the payment of all present and future Priority Parity Lien Obligations. Notwithstanding the foregoing, if at any time: