Role of Collateral Agent. For the purpose of this Section 11.12 the Collateral Agent acts in its own name and on behalf of itself but for the benefit of the Secured Parties and any security right granted to the Collateral Agent to secure any of the Parallel Debts is granted to the Collateral Agent in its capacity of sole creditor of such Parallel Debts.
Appears in 4 contracts
Samples: Credit Agreement (BALL Corp), Credit Agreement (Ball Corp), Credit Agreement (Ball Corp)
