Examples of Collateral Agent in a sentence
The Collateral Agent may conclusively rely on such Officer’s Certificate, shall have no duty to make inquiries with regard to the matters set forth therein, and shall incur no liability in so relying.
No delay or omission of the Indenture Trustee, the Collateral Agent, or of any Holder of any Note to exercise any right or remedy accruing upon any Event of Default will impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein.
The Collateral Agent shall hold such of the Collateral as constitutes a Permitted Investment and all other Collateral in accordance with the Asset Pool One Supplement.
The Holders of more than 66⅔% of the Outstanding Dollar Principal Amount of any accelerated Series, Class or Tranche of Notes shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Indenture Trustee or the Collateral Agent, or exercising any trust or power conferred on the Indenture Trustee or on the Collateral Agent.
Unless otherwise specified in the Asset Pool One Supplement, each Collateral Certificate shall be registered in the name of and shall be delivered to and held by the applicable Collateral Agent separate and apart from all other property held by such Collateral Agent.