No Actions to Address Exceptions. Each Creditor acknowledges that actions will not be taken to address the exceptions noted in Section 3.04 of the Security Agreement and that the Collateral Agent may not have a perfected security interest with respect to the matters specified therein.
Appears in 3 contracts
Samples: Intercreditor and Collateral Agency Agreement, Intercreditor and Collateral Agency Agreement (Duane Reade Holdings Inc), Intercreditor and Collateral Agency Agreement (Duane Reade)
No Actions to Address Exceptions. Each Creditor acknowledges that actions will not be taken to address the exceptions noted in Section 3.04 3.01 of the Security Agreement and that the Collateral Agent may not have a perfected security interest with respect to the matters specified therein.
Appears in 2 contracts
Samples: Intercreditor and Collateral Agency Agreement (Apria Healthcare Group Inc), Intercreditor and Collateral Agency Agreement (Dominion Textile (Usa), L.L.C.)
No Actions to Address Exceptions. Each Creditor Noteholder acknowledges that actions will not be taken to address the exceptions noted in Section 3.04 of the Security Agreement and that the Collateral Agent may not have a perfected security interest with respect to the matters specified therein.
Appears in 1 contract
Samples: Collateral Agency Agreement (IMI of Arlington, Inc.)
