Common use of Nature of Secured Parties' Rights Clause in Contracts

Nature of Secured Parties' Rights. All of the Secured Parties shall be bound by any instruction or direction given by the Required Lenders or Requisite Secured Parties, as applicable, pursuant to this Article II.

Appears in 2 contracts

Samples: Collateral Trust Agreement (Allied Waste North America Inc/De/), Collateral Sharing Agreement (Fisher Scientific International Inc)

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Nature of Secured Parties' Rights. All of the Secured Parties shall be bound by any instruction or direction given by the Required Lenders Mortgage Bond Trustee, the Specified Mortgage Bond Secured Parties or the Requisite Secured Parties, as applicable, pursuant to this Article IISection 2.

Appears in 2 contracts

Samples: Intercreditor and Collateral (Midamerican Funding LLC), Intercreditor and Collateral (Midamerican Energy Co)

Nature of Secured Parties' Rights. All of the Secured Parties shall be bound by any instruction or direction given by the Required Lenders or Requisite Secured Parties, as applicable, Lenders' Collateral Agent pursuant to this Article IIAgreement to the extent any such instruction or direction is within the powers or rights granted to Lenders' Collateral agent under the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Colony Rih Acquisitions Inc)

Nature of Secured Parties' Rights. All of the Secured Parties shall be bound by any instruction or direction given by the Required Lenders or Requisite Secured Parties, as applicable, Parties pursuant to this Article IISection 3.

Appears in 1 contract

Samples: Intercreditor and Collateral Trust Agreement (Westwood One Inc /De/)

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Nature of Secured Parties' Rights. All of the Secured Parties shall be bound by any instruction or direction given by the Required Lenders Administrative Agent or the Requisite Secured Parties, as applicable, pursuant to this Article IISection 3.

Appears in 1 contract

Samples: Intercreditor and Collateral Trust Agreement (Panamsat Corp /New/)

Nature of Secured Parties' Rights. All of the Secured Parties shall be bound by any instruction or direction given by the Required Senior Lenders or Requisite Secured Parties, as applicable, pursuant to this Article II.

Appears in 1 contract

Samples: Collateral Trust Agreement (Allied Waste Industries Inc)

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