Common use of Restrictions on Actions Clause in Contracts

Restrictions on Actions. Each Secured Party agrees ------------------------ that, unless and until this Agreement is terminated as provided herein, the provisions of this Agreement shall provide the exclusive method by which any Secured Party may exercise, or direct the exercise of, rights and remedies under the Support Documents. Therefore, each Secured Party shall, for the mutual benefit of all Secured Parties, except as permitted under this Agreement:

Appears in 3 contracts

Samples: Credit Agreement (Leap Wireless International Inc), Credit Agreement (Leap Wireless International Inc), Collateral Agency and Intercreditor Agreement (Leap Wireless International Inc)

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Restrictions on Actions. Each Secured Party agrees ------------------------ that, unless and until this Agreement is terminated so long as provided hereinany Obligations are outstanding, the provisions of this Agreement shall provide the exclusive method by which any Secured Party may exercise, or direct the exercise of, rights and remedies hereunder and under the Support Documentsother Security Documents in respect of the guarantees and the Collateral. Therefore, each Secured Party shall, for the mutual benefit of all Secured Parties, except as permitted under this Agreement:

Appears in 2 contracts

Samples: Guarantee, Collateral and Intercreditor Agreement (Network Communications, Inc.), Collateral and Intercreditor Agreement (Network Communications, Inc.)

Restrictions on Actions. Each Secured Party agrees ------------------------ that, unless and until this Agreement is terminated as provided hereinlong as any Outstanding Obligations exist, the provisions of this Agreement shall provide the exclusive method by which any Secured Party may exercise, exercise any Enforcement under or direct with respect to the exercise of, rights and remedies under the Support DocumentsMaster Pledge Agreement. Therefore, each Secured Party shall, for the mutual benefit of all Secured Parties, except as permitted under this Agreement:

Appears in 1 contract

Samples: Pledge Intercreditor Agreement (Rti Capital Corp)

Restrictions on Actions. Each Secured Party agrees ------------------------ that, unless and until this Agreement is terminated as provided hereinlong as any Outstanding Obligations exist, the provisions of this Agreement shall provide the exclusive method by which any Secured Party may exercise, exercise any Enforcement under or direct with respect to the exercise of, rights Shared Collateral and remedies under the Support DocumentsPledge Agreement to which it is a party. Therefore, each Secured Party shall, for the mutual benefit of all Secured Parties, except as permitted under this Agreement:

Appears in 1 contract

Samples: Pledge Intercreditor Agreement (Blue Steel Capital Corp)

Restrictions on Actions. Each Secured Party agrees ------------------------ that, unless and until this Agreement is terminated as provided herein, the provisions of this Agreement shall provide the exclusive method by which any Secured Party may exercise, or direct the exercise of, rights and remedies under the Support Security Documents. Therefore, each Secured Party shall, for the mutual benefit of all Secured PartiesParties of the same Class, except as permitted under this Agreement:

Appears in 1 contract

Samples: Collateral Agency Agreement (Jacuzzi Brands Inc)

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Restrictions on Actions. Each Secured Party agrees ------------------------ that, unless and until this Agreement is terminated as provided herein, the provisions of this Agreement shall provide the exclusive method by which any Secured Party may exercise, or direct the exercise of, rights and remedies under the Support Documents. Therefore, each Secured Party shall, for the mutual benefit of all Secured Parties, except as permitted under this Agreement:

Appears in 1 contract

Samples: Agency and Intercreditor Agreement (Leap Wireless International Inc)

Restrictions on Actions. Each Secured Party agrees ------------------------ that, unless and until this Agreement is terminated as provided herein, the provisions of this Agreement shall provide the exclusive method by which any Secured Party may exercise, or direct the exercise of, rights and remedies under the Support Security Documents. Therefore, each Secured Party shall, for the mutual benefit of all Secured Parties, except as permitted under this Agreement:

Appears in 1 contract

Samples: Collateral Agency Agreement (NXP Manufacturing (Thailand) Co., Ltd.)

Restrictions on Actions. Each Secured Party agrees ------------------------ ----------------------- that, unless and until this Agreement is terminated as provided herein, the provisions of this Agreement shall provide the exclusive method by which any Secured Party may exercise, or direct the exercise of, rights and remedies under the Support Documents. Therefore, each Secured Party shall, for the mutual benefit of all Secured Parties, except as permitted under this Agreement:

Appears in 1 contract

Samples: Security Agreement (Leap Wireless International Inc)

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