Common use of OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE Clause in Contracts

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 19 SECTION 3.1 Undertaking of the Collateral Trustee.................................... 19 SECTION 3.2 Release or Subordination of Liens........................................ 20 SECTION 3.3

Appears in 1 contract

Samples: Collateral Trust Agreement (NRG Energy Inc)

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OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 19 SECTION Section 3.1 Appointment and Undertaking of the Collateral Trustee.................................... 19 SECTION .................................. 11 Section 3.2 Release or Subordination of Liens........................................ 20 SECTION 3.3................................................................. 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.................................................................. 14 Section 3.7 For Sole and Exclusive Benefit of Holders of Parity Lien Obligations............. 15 Section 3.8 Additional Parity Lien Debt.......................................................................... 15

Appears in 1 contract

Samples: Collateral Trust Agreement (SM Energy Co)

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 19 22 SECTION 3.1 Undertaking of the Collateral Trustee.................................... 19 ......................................... 22 SECTION 3.2 Release or Subordination of Liens........................................ 20 ............................................. 23 SECTION 3.3

Appears in 1 contract

Samples: Collateral Trust Agreement (Belden & Blake Corp /Oh/)

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OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 19 21 SECTION 3.1 Undertaking of the Collateral Trustee.................................... 19 ............................... 21 SECTION 3.2 Release or Subordination of Liens................................... 22 SECTION 3.3 Enforcement of Liens................................................ 23 SECTION 3.4 Application of Proceeds............................................. 23 SECTION 3.5 Powers of the Collateral Trustee.................................... 25 SECTION 3.6 Documents and Communications........................................ 20 25 SECTION 3.33.7 For Sole and Exclusive Benefit of Holders of Secured Obligations.... 25 SECTION 3.8

Appears in 1 contract

Samples: Collateral Trust Agreement (Builders FirstSource, Inc.)

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