Common use of For Sole and Exclusive Benefit of Holders of Secured Obligations Clause in Contracts

For Sole and Exclusive Benefit of Holders of Secured Obligations. Except as provided in the Intercreditor Agreement, the Collateral Agent will accept, hold and enforce all Liens on the Collateral at any time transferred or delivered to it, and all other interests, rights, powers and remedies at any time granted to or enforceable by the Collateral Agent, and all other property constituting Collateral solely and exclusively for the benefit of the present and future holders of present and future Secured Obligations, and will distribute all proceeds received by it in realization thereon or from enforcement thereof solely and exclusively pursuant to the provisions of Section 3.4.

For Sole and Exclusive Benefit of Holders of Secured Obligations. Except as provided in the Intercreditor Agreement, the The Collateral Agent will accept, hold hold, administer and enforce all Liens on the Collateral at any time transferred or delivered to it, it and all other interests, rights, powers and remedies at any time granted to or enforceable by the Collateral Agent, and all other property constituting Collateral Agent solely and exclusively for the benefit of the present and future holders of present and future Secured Obligations, and will distribute all proceeds received by it in realization thereon or from enforcement thereof solely and exclusively pursuant to the provisions of Section 3.4.

For Sole and Exclusive Benefit of Holders of Secured Obligations. Except as provided in the Intercreditor Agreement, the ‌ The Collateral Agent will accept, hold hold, administer and enforce all Liens on the Collateral at any time transferred or delivered to it, it and all other interests, rights, powers and remedies at any time granted to or enforceable by the Collateral Agent, and all other property constituting Collateral Agent solely and exclusively for the benefit of the present and future holders of present and future Secured Obligations, and will distribute all proceeds received by it in realization thereon or from enforcement thereof solely and exclusively pursuant to the provisions of Section 3.4.

For Sole and Exclusive Benefit of Holders of Secured Obligations. Except as provided in the Intercreditor Agreement, the The Collateral Agent will accept, hold hold, administer and enforce all Liens on the Collateral Collateral, and all Collateral, at any time transferred or delivered to it, it and all other interests, rights, powers and remedies at any time granted to or enforceable by the Collateral Agent, Agent and all other property constituting included in the Collateral solely and exclusively for the benefit of the present and future holders of present and future the Secured Obligations, as herein provided, and will distribute all proceeds received by it in realization thereon or from enforcement thereof solely and exclusively pursuant to the provisions of as provided in Section 3.42.6.