Collateral definition
Examples of Collateral in a sentence
Subject to Section 2.05 of this Agreement, and in accordance with the reasonable written directions of the Owner Trustee, the Trust Administrator shall administer, perform or supervise the performance of such other activities in connection with the Collateral (including the Basic Documents) as are not covered by any of the foregoing provisions and as are expressly requested by the Owner Trustee and are reasonably within the capability of the Trust Administrator.
The Collateral Trustee shall be afforded all of the same rights, protections, privileges, indemnities and immunities afforded to it under the Note Issuance Agreement as if restated herein, mutatis mutandis.
The Trust Administrator shall forthwith upon such termination pursuant to the first sentence of Section 2.07 deliver to the Issuing Entity all property and documents representing or relating to the Collateral then in the custody of the Trust Administrator.
The Trust Administrator shall furnish to the Issuing Entity from time to time such additional information regarding the Collateral as the Issuing Entity shall reasonably request.
The Administrative Agent hereby authorizes and directs the Collateral Trustee to execute and deliver this Amendment.