Common use of Obligations and Powers of Collateral Trustee Clause in Contracts

Obligations and Powers of Collateral Trustee. Section 3.1 Appointment and Undertaking of the Collateral Trustee 11 Section 3.2 Release or Subordination of Liens 12 Section 3.3 Enforcement of Liens 13 Section 3.4 Application of Proceeds 13 Section 3.5 Powers of the Collateral Trustee 14 Section 3.6 Documents and Communications 15 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Lien Obligations 15 Section 3.8 Additional Third Lien Debt 15

Appears in 1 contract

Samples: Collateral Trust Agreement (Halcon Resources Corp)

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Obligations and Powers of Collateral Trustee. Section SECTION 3.1 Appointment and Undertaking of the Collateral Trustee 11 Section SECTION 3.2 Release or Subordination of Liens 12 Section SECTION 3.3 Enforcement of Liens 13 Section SECTION 3.4 Order of Application of Proceeds 13 Section SECTION 3.5 Powers of the Collateral Trustee 14 Section 3.6 Documents and Communications 15 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Lien Obligations 15 Section 3.8 Additional Third Lien Debt 15Trustee

Appears in 1 contract

Samples: Collateral Trust Agreement (NewPage Energy Services LLC)

Obligations and Powers of Collateral Trustee. Section 14 SECTION 3.1 Appointment and Undertaking of the Collateral Trustee 11 Section 14 SECTION 3.2 Release or Subordination of Liens 12 Section 15 SECTION 3.3 Enforcement of Liens 13 Section 16 SECTION 3.4 Application of Proceeds 13 Section 16 SECTION 3.5 Powers of the Collateral Trustee 14 Section 17 SECTION 3.6 Documents and Communications 15 Section 17 SECTION 3.7 For Sole and Exclusive Benefit of Holders of Third Lien Obligations 15 Section Secured Parties 17 SECTION 3.8 Additional Third Parity Lien Debt 1518

Appears in 1 contract

Samples: Collateral Trust Agreement (Viasystems Inc)

Obligations and Powers of Collateral Trustee. Section 3.1 Appointment and Undertaking of the Collateral Trustee 11 12 Section 3.2 Release or Subordination of Liens 12 14 Section 3.3 Enforcement of Liens 13 14 Section 3.4 Application of Proceeds 13 14 Section 3.5 Powers of the Collateral Trustee 14 15 Section 3.6 Documents and Communications 15 16 Section 3.7 For Sole and Exclusive Benefit of Holders of Third the Parity Lien Obligations 15 Secured Parties 16 Section 3.8 Additional Third Parity Lien Debt 1516

Appears in 1 contract

Samples: Collateral Trust Agreement (Alliance One International, Inc.)

Obligations and Powers of Collateral Trustee. Section 3.1 Appointment and Undertaking of the Collateral Trustee 11 Section 3.2 Release or Subordination of Liens 12 Section 3.3 Enforcement of Liens 13 Section 3.4 Application of Proceeds 13 Section 3.5 Powers of the Collateral Trustee 14 Section 3.6 Documents and Communications 15 14 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Parity Lien Obligations 15 Section 3.8 Additional Third Parity Lien Debt 15

Appears in 1 contract

Samples: Collateral Trust Agreement (Halcon Resources Corp)

Obligations and Powers of Collateral Trustee. 12 Section 3.1 Appointment and Undertaking of the Collateral Trustee 11 12 Section 3.2 Release or Subordination of Liens 12 13 Section 3.3 Enforcement of Liens 13 14 Section 3.4 Application of Proceeds 13 14 Section 3.5 Powers of the Collateral Trustee 14 15 Section 3.6 Documents and Communications 15 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Lien Obligations 15 Section 3.8 Additional Third Lien Debt 1516

Appears in 1 contract

Samples: Collateral Trust Agreement (Petroquest Energy Inc)

Obligations and Powers of Collateral Trustee. Section 3.1 Appointment and Undertaking of the Collateral Trustee 11 13 Section 3.2 Release or Subordination of Liens 12 14 Section 3.3 Enforcement of Liens 13 14 Section 3.4 Application of Proceeds 13 15 Section 3.5 Powers of the Collateral Trustee 14 16 Section 3.6 Documents and Communications 15 16 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Parity Lien Obligations 15 16 Section 3.8 Additional Third Parity Lien Debt 1517

Appears in 1 contract

Samples: Collateral Trust Agreement (Denbury Resources Inc)

Obligations and Powers of Collateral Trustee. Section 12 SECTION 3.1 Appointment and Undertaking of the Collateral Trustee 11 Section 12 SECTION 3.2 Release or Subordination of Liens 12 Section 13 SECTION 3.3 Enforcement of Liens 13 Section SECTION 3.4 Application of Proceeds 13 Section 14 SECTION 3.5 Powers of the Collateral Trustee 14 Section 15 SECTION 3.6 Documents and Communications 15 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Lien Obligations 15 Section 3.8 Additional Third Lien Debt 15

Appears in 1 contract

Samples: Collateral Trust Agreement

Obligations and Powers of Collateral Trustee. Section 3.1 Appointment and Undertaking of the Collateral Trustee 11 12 Section 3.2 Release or Subordination of Liens 12 14 Section 3.3 Enforcement of Liens 13 14 Section 3.4 Application of Proceeds 13 14 Section 3.5 Powers of the Collateral Trustee 14 16 Section 3.6 Documents and Communications 15 16 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Parity Lien Obligations 15 16 Section 3.8 Additional Third Parity Lien Debt 1516

Appears in 1 contract

Samples: Collateral Trust Agreement (Exco Resources Inc)

Obligations and Powers of Collateral Trustee. 12 Section 3.1 Appointment and Undertaking of the Collateral Trustee 11 12 Section 3.2 Release or Subordination of Liens 12 13 Section 3.3 Enforcement of Liens 13 14 Section 3.4 Application of Proceeds 13 14 Section 3.5 Powers of the Collateral Trustee 14 15 Section 3.6 Documents and Communications 15 16 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Parity Lien Obligations 15 16 Section 3.8 Additional Third Parity Lien Debt 1516

Appears in 1 contract

Samples: Collateral Trust Agreement (Sandridge Energy Inc)

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Obligations and Powers of Collateral Trustee. Section 3.1 Appointment and Undertaking of the Collateral Trustee 11 14 Section 3.2 Release or Subordination of Liens 12 16 Section 3.3 Enforcement of Liens 13 16 Section 3.4 Application of Proceeds 13 16 Section 3.5 Powers of the Collateral Trustee 14 18 Section 3.6 Documents and Communications 15 19 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Parity Lien Obligations 15 19 Section 3.8 Additional Third Parity Lien Debt 1519 Section 3.9 Second Lien Collateral Agent 22

Appears in 1 contract

Samples: Collateral Trust Agreement (Vanguard Natural Resources, Inc.)

Obligations and Powers of Collateral Trustee. Section SECTION 3.1 Appointment and SECTION 3.2 SECTION 3.3 SECTION 3.4 SECTION 3.5 SECTION 3.6 SECTION 3.7 SECTION 3.8 Undertaking of the Collateral Trustee 11 Section 3.2 Release or Subordination of Liens 12 Section 3.3 Enforcement of Liens 13 Section 3.4 Application of Proceeds 13 Section 3.5 Powers of the Collateral Trustee 14 Section 3.6 Documents and Communications 15 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Lien Secured Obligations 15 Section 3.8 Additional Third Lien Debt 15Secured Debt

Appears in 1 contract

Samples: Collateral Trust Agreement (Unisys Corp)

Obligations and Powers of Collateral Trustee. Section 3.1 Appointment and Undertaking of the Collateral Trustee 11 14 Section 3.2 Release or Subordination of Liens 12 16 Section 3.3 Enforcement of Liens 13 16 Section 3.4 Application of Proceeds 13 16 Section 3.5 Powers of the Collateral Trustee 14 18 Section 3.6 Documents and Communications 15 19 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Parity Lien Obligations 15 19 Section 3.8 Additional Third Parity Lien Debt 1519 Section 3.9 Second Lien Collateral Agent 22

Appears in 1 contract

Samples: Collateral Trust Agreement

Obligations and Powers of Collateral Trustee. Section 30 SECTION 3.1 Appointment and Undertaking of the Collateral Trustee 11 Section 30 SECTION 3.2 Release or Subordination of Liens 12 Section 31 SECTION 3.3 Enforcement of Liens 13 Section 32 SECTION 3.4 Application of Proceeds 13 Section 32 SECTION 3.5 Powers of the Collateral Trustee 14 Section 34 SECTION 3.6 Documents and Communications 15 Section 34 SECTION 3.7 For Sole and Exclusive Benefit of Holders of Third Lien Secured Obligations 15 Section 35 SECTION 3.8 Additional Third Lien Secured Debt 1535

Appears in 1 contract

Samples: Collateral Trust Agreement

Obligations and Powers of Collateral Trustee. Section SECTION 3.1 Appointment and Undertaking of the Collateral Trustee 11 Section SECTION 3.2 Release or Subordination of Liens 12 Section SECTION 3.3 Enforcement of Liens 13 Section SECTION 3.4 Application of Proceeds 13 Section SECTION 3.5 Powers of the Collateral Trustee 14 Section 3.6 Documents and Communications 15 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Lien Obligations 15 Section 3.8 Additional Third Lien Debt 15Trustee

Appears in 1 contract

Samples: Credit Agreement (Ign Entertainment Inc)

Obligations and Powers of Collateral Trustee. Section 3.1 Appointment and Undertaking of the Collateral Trustee 11 7 Section 3.2 Release or Subordination of Liens 12 7 Section 3.3 Enforcement of Liens 13 8 Section 3.4 Application of Proceeds 13 8 Section 3.5 Powers of the Collateral Trustee 14 9 Section 3.6 Documents and Communications 15 9 Section 3.7 For Sole and Exclusive Benefit of Holders of Third Lien Obligations 15 Section 3.8 Additional Third Lien Debt 15Secured Parties 10

Appears in 1 contract

Samples: Collateral Trust Agreement (Cheniere Energy Inc)

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