Common use of Undertaking of the Collateral Trustee Clause in Contracts

Undertaking of the Collateral Trustee. (a) Subject to, and in accordance with, this Agreement, including without limitation Section 5.3, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the current and future Secured Parties:

Appears in 11 contracts

Samples: Collateral Trust Agreement (MRC Global Inc.), Security Agreement (MRC Global Inc.), Collateral Trust Agreement (EFIH Finance Inc.)

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Undertaking of the Collateral Trustee. (a) Subject to, and in accordance with, this Agreement, including without limitation Section 5.3, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the current present and future Secured Parties:

Appears in 10 contracts

Samples: Collateral Trust Agreement (Primus Telecommunications Group Inc), Collateral Trust and Intercreditor Agreement (Entravision Communications Corp), Collateral Trust Agreement (Cheniere Energy Inc)

Undertaking of the Collateral Trustee. (a) Subject to, and in accordance with, this Agreement, including without limitation Section 5.3, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the current present and future Secured Parties:

Appears in 2 contracts

Samples: Collateral Trust Agreement (Terremark Worldwide Inc.), Collateral Trust Agreement (Leap Wireless International Inc)

Undertaking of the Collateral Trustee. (a) Subject to, and in accordance with, this Agreement, including without limitation Section 5.3, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the current present and future Secured Parties:

Appears in 1 contract

Samples: Collateral Trust Agreement (Tenet Healthcare Corp)

Undertaking of the Collateral Trustee. (a) Subject to, and in accordance with, this Agreement, including without limitation Section 5.3Article 5 and the Intercreditor Agreement, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the current present and future Parity Lien Secured PartiesParties when properly directed by an Act of Required Parity Lien Debtholders and, if required by the Collateral Trustee, indemnified to its satisfaction:

Appears in 1 contract

Samples: Collateral Trust Agreement (Goodman Networks Inc)

Undertaking of the Collateral Trustee. (a) Subject to, and in accordance with, this Agreement, including without limitation Section 5.3, the Collateral Trustee will, as collateral trustee, trustee for the benefit solely and exclusively of the current present and future Secured PartiesParties for whom it is acting:

Appears in 1 contract

Samples: Collateral Trust Agreement (NRG Energy, Inc.)

Undertaking of the Collateral Trustee. (a) Subject to, and in accordance with, this Agreement, including without limitation Section 5.3, the ABL Intercreditor Agreement and the Senior-Junior Intercreditor Agreement (if any), the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the current and future Secured Parties:

Appears in 1 contract

Samples: Collateral Trust Agreement (Unisys Corp)

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Undertaking of the Collateral Trustee. (a) Subject to, and in accordance with, this Agreement, including without limitation Section 5.3, the Collateral Trustee will, as collateral trustee, trustee for the benefit solely and exclusively of the current present and future Secured Parties:

Appears in 1 contract

Samples: Collateral Trust Agreement (NRG Energy Inc)

Undertaking of the Collateral Trustee. (a) Subject to, and in accordance with, this Agreement, including without limitation Section 5.3, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the current present and future Secured Parties, including for the avoidance of doubt each Secured Party that is a party hereto on the date hereof or becomes a party hereto through the execution of a Collateral Trust Joinder after the date hereof:

Appears in 1 contract

Samples: Collateral Trust Agreement (Midwest Generation LLC)

Undertaking of the Collateral Trustee. (a) Subject to, and in accordance with, this Agreement, including without limitation Section 5.3, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the current present and future Secured PartiesParties and, to the extent applicable, Crest:

Appears in 1 contract

Samples: Collateral Trust Agreement (Cheniere Energy Inc)

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