Common use of Rights under Secured Hedge Agreements Clause in Contracts

Rights under Secured Hedge Agreements. No Secured Hedge Agreement will create (or be deemed to create) in favor of any Lender Counterparty that is a party thereto any rights in connection with the management or release of any Collateral except as expressly provided in Section 11.01 of this Agreement. By accepting the benefit of the Collateral, each Lender Counterparty shall be deemed to have appointed the Collateral Agent as its agent and agrees to be bound by the Loan Documents as a Secured Party, subject to the limitations set forth in this clause (c).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Spansion Inc.), Credit Agreement (Spansion Inc.)

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Rights under Secured Hedge Agreements. No Secured Hedge Agreement will create (or be deemed to create) in favor of any Lender Counterparty that is a party thereto any rights in connection with the management or release of any Collateral or of the obligations of any Guarantor under the Credit Documents except as expressly provided in Section 11.01 10.5(c)(vii) of this Agreement and Section 9 of the Pledge and Security Agreement. By accepting the benefit benefits of the Collateral, each such Lender Counterparty shall be deemed to have appointed the Collateral Agent as its agent and agrees agreed to be bound by the Loan Credit Documents as a Secured Party, subject to the limitations set forth in this clause (c).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (ONE Group Hospitality, Inc.), Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)

Rights under Secured Hedge Agreements. No Secured Hedge Agreement will create (or be deemed to create) in favor of any Lender Counterparty that is a party thereto any rights in connection with the management or release of any Collateral or of the obligations of any Guarantor under the Credit Documents except as expressly provided in Section 11.01 11.05(c)(v) of this Agreement and Section 7.3 of the Pledge and Security Agreement. By accepting the benefit benefits of the Collateral, each such Lender Counterparty shall be deemed to have appointed the Collateral Agent as its agent and agrees agreed to be bound by the Loan Credit Documents as a Secured Party, subject to the limitations set forth in this clause (c).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (AVG Technologies N.V.), Credit and Guaranty Agreement (Cypress Semiconductor Corp /De/)

Rights under Secured Hedge Agreements. No Secured Hedge Agreement will create (or be deemed to create) in favor of any Lender Secured Hedge Counterparty that is a party thereto any rights in connection with the management or release of any Collateral or of the obligations of any Guarantor under the Credit Documents except as expressly provided in Section 11.01 10.5(c)(i) of this Agreement and Section 5.2 of the Pledge and Security Agreement. By accepting the benefit benefits of the Collateral, each Lender such Secured Hedge Counterparty shall be deemed to have appointed the Collateral Agent as its agent and agrees agreed to be bound by the Loan Credit Documents as a Secured Party, subject to the limitations set forth in this clause (c).

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Griffon Corp)

Rights under Secured Hedge Agreements. No Secured Hedge Agreement will create (or be deemed to create) in favor of any Lender Counterparty that is a party thereto any rights in connection with the management or release of any Collateral or of the obligations of any Guarantor under the Credit Documents except as expressly provided in Section 11.01 10.5(c)(vii) of this Agreement and Section 9 of the Pledge and Security Agreement. By accepting the benefit benefits of the Collateral, each such Lender Counterparty shall be deemed to have appointed the Collateral Agent as its agent and agrees agreed to be bound by the Loan Credit Documents as a Secured Party, subject to the limitations set forth in this clause (c).. ​ ​ 168 ​

Appears in 1 contract

Samples: Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)

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Rights under Secured Hedge Agreements. No Secured Hedge Agreement will shall create (or be deemed to create) in favor of any Lender Counterparty that is a party thereto any rights in connection with the management or release of any Collateral or of the obligations of any Guarantor under the Loan Documents except as expressly provided in Section 11.01 10.05(c)(iii) of this Agreement and in the Collateral Trust Agreement. By accepting the benefit benefits of the Collateral, each such Lender Counterparty shall be deemed to have appointed the Collateral Agent Trustee as its agent and agrees agreed to be bound by the Loan Documents as a Secured PartyBeneficiary, subject to the limitations set forth in this clause (c).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (GXS Investments, Inc.)

Rights under Secured Hedge Agreements. No Secured Hedge Agreement will create (or be deemed to create) in favor of any Lender Counterparty that is a party thereto any rights in connection with the management or release of any Collateral or of the obligations of any Guarantor under the Credit Documents except as expressly provided in Section 11.01 10.5(c)(vii) of this Agreement and Section 9 of the Pledge and Security Agreement. By accepting the benefit benefits of the Collateral, each such Lender Counterparty shall be deemed to have appointed the Collateral Agent as its agent and agrees agreed to be bound by the Loan Credit Documents as a Secured Party, subject to the limitations set forth in this clause (c).. 152

Appears in 1 contract

Samples: Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)

Rights under Secured Hedge Agreements. No Secured Hedge Agreement will create (or be deemed to create) in favor of any Lender Counterparty that is a party thereto any rights in connection with the management or release of any Collateral or of the obligations of any Guarantor under the Credit Documents except as expressly provided in Section 11.01 11.05(c)(v) of this Agreement and Section 10.02 of the Pledge and Security Agreement. By accepting the benefit benefits of the Collateral, each such Lender Counterparty shall be deemed to have appointed the Collateral Agent as its agent and agrees agreed to be bound by the Loan Credit Documents as a Secured Party, subject to the limitations set forth in this clause (c).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Digitalglobe Inc)

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