Common use of The Collateral Agent and the other Secured Parties Clause in Contracts

The Collateral Agent and the other Secured Parties. The Collateral Agent will hold in accordance with this Agreement all items of the Collateral at any time received under this Agreement. It is expressly understood and agreed that the obligations of the Collateral Agent as holder of the Collateral and interests therein and with respect to the disposition thereof, and otherwise under this Agreement, are only those expressly set forth in this Agreement and in Section 9 of the Credit Agreement. The Collateral Agent shall act hereunder on the terms and conditions set forth herein and in Section 9 of the Credit Agreement.

Appears in 7 contracts

Samples: Incremental Amendment Agreement (Ciena Corp), Abl Credit Agreement (Ciena Corp), u.s. Security Agreement (Ciena Corp)

AutoNDA by SimpleDocs

The Collateral Agent and the other Secured Parties. The Collateral Agent will hold in accordance with this Agreement all items of the Collateral at any time received under this Agreement. It is expressly understood and agreed that the obligations of the Collateral Agent as holder of the Collateral and interests therein and with respect to the disposition thereof, and otherwise under this Agreement, Agreement are only those expressly set forth in this Agreement, the Intercreditor Agreement and in Section 9 Article 13 of the Credit AgreementIndenture,. The Collateral Agent shall act hereunder on the terms and conditions set forth herein herein, the Intercreditor Agreement and in Section 9 Article 13 of the Credit AgreementIndenture.

Appears in 1 contract

Samples: Pledge and Security Agreement (Affinity Guest Services, LLC)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!