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 Mortgage Bond Trustee, the Specified Mortgage Bond Secured Parties or the Requisite Secured Parties, as applicable, pursuant to this Section 2.

Appears in 2 contracts

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

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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 Mortgage Bond Trustee, the Specified Mortgage Bond Secured Parties Administrative Agent or the Requisite Secured Parties, as applicable, pursuant to this Section 23.

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 Mortgage Bond Trustee, the Specified Mortgage Bond Secured Parties or the Requisite Secured Parties, as applicable, Lenders' Collateral Agent pursuant to this Section 2Agreement 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 Mortgage Bond Trustee, the Specified Mortgage Bond Requisite Secured Parties or the Requisite Secured Parties, as applicable, pursuant to this Section 23.

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 Mortgage Bond Trustee, the Specified Mortgage Bond Secured Parties Required Senior Lenders or the Requisite Secured Parties, as applicable, pursuant to this Section 2Article II.

Appears in 1 contract

Samples: Collateral Trust Agreement (Allied Waste Industries Inc)

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