Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Parties and deliver such payments to the Collateral Agent on account of the Guaranteed Obligations (including all Post-Petition Interest) to be applied in accordance with this Agreement, together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this Guaranty.
Appears in 2 contracts
Samples: Credit Agreement (Polycom Inc), Credit Agreement (Polycom Inc)
Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Parties and deliver such payments to the Collateral Agent on account of the Guaranteed Obligations (including all Post-Petition Interest) to be applied in accordance with this AgreementObligations, together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this GuarantyAgreement.
Appears in 2 contracts
Samples: Guaranty (ReAble Therapeutics Finance LLC), Guaranty (Encore Medical, L.P.)
Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Parties and deliver such payments to the Collateral Administrative Agent on account of the Guaranteed Obligations (including all Post-Petition Interest) to be applied in accordance with this Agreement), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this Guaranty.
Appears in 1 contract
Samples: First Lien Credit and Guaranty Agreement (Kgen Power Corp)
Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Parties and deliver such payments to the Collateral Agent on account of the Guaranteed Obligations (including all Post-Petition Interest) to be applied in accordance with this Agreement), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this Guaranty.
Appears in 1 contract
Samples: Credit Agreement (Neustar Inc)
Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Parties and deliver such payments to the Collateral Agent on account of the Guaranteed Obligations (including all Post-Petition Interest) to be applied in accordance with this Agreement), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this Guaranty.
Appears in 1 contract
Samples: Credit Agreement (Neustar Inc)
Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Parties and deliver such payments to the Collateral Agent (for the benefit of the Secured Parties) on account of the Guaranteed Obligations (including all Post-Petition Interest) to be applied in accordance with this Agreement), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this GuarantyAgreement.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Noranda Aluminum Acquisition CORP)
Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the a Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Parties and deliver such payments to the Collateral Agent (for the benefit of the Secured Parties and subject to the terms of the Intercreditor Agreement) on account of the Guaranteed Obligations (including all Post-Petition Interest) to be applied in accordance with this Agreement), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this GuarantyAgreement.
Appears in 1 contract
Samples: Second Lien Bridge Credit Agreement (Berry Global Group Inc)
Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Parties Collateral Agent and the Buyers and deliver such payments to the Collateral Agent on account of the Guaranteed Obligations (including all Post-Post Petition Interest) to be applied in accordance with this Agreement), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this Guaranty.
Appears in 1 contract
Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Parties and deliver such payments to the Collateral Agent on account of the Guaranteed Securities Obligations (including all Postpost-Petition Interest) to be applied in accordance with this Agreementpetition interest), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this GuarantyAgreement.
Appears in 1 contract
Samples: Collateral Agreement (Aeroways, LLC)
Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Guaranteed Parties and deliver such payments to the Collateral Administrative Agent on account of the Guaranteed Obligations (including all Post-Petition Interest) to be applied in accordance with this Agreement), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this Guaranty.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Macquarie Infrastructure Corp)
Turn-Over. After the occurrence and during the continuance of any Event of Default, each Guarantor shall, if the Collateral Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Secured Parties and deliver such payments to the Collateral Agent on account of the Guaranteed Obligations (including all Post-Petition Interest) to be applied in accordance with this Agreement), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this GuarantyAgreement.
Appears in 1 contract
Samples: First Lien Guarantee and Collateral Agreement (Covalence Specialty Adhesives LLC)