Examples of Collateral Agent in a sentence
No Non-Controlling Authorized Representative or Non-Controlling Secured Party will contest, protest or object to any foreclosure proceeding or action brought by the Au- thorized Collateral Agent or the Controlling Secured Party or any other exercise by the Author- ized Collateral Agent or the Controlling Secured Party of any rights and remedies relating to the Common Collateral, or to cause the Collateral Agent to do so.
The exculpatory provisions of this Article shall apply to any such sub-agent and to the Affiliates of the Authorized Collateral Agent and any such sub-agent.
As between the First Lien Secured Parties, the Authorized Collateral Agent shall have the right to adjust or settle any insurance policy or claim covering or constituting Common Collateral in the event of any loss thereunder and to approve any award granted in any condemnation or similar proceeding affecting the Common Collateral.
The Authorized Collateral Agent and any such sub-agent may per- form any and all of its duties and exercise its rights and powers by or through their respective Affiliates.
As agreed to in writing among the Authorized Collateral Agent and each Author- ized Representative from time to time, notices and other communications may also be delivered by e-mail to the e-mail address of a representative of the applicable person provided from time to time by such person.