Examples of Collateral Agreement in a sentence
Each amendment or other modification to the Indenture, the Notes or the Guarantee and Collateral Agreement shall be set forth in a Supplement, a copy of which shall be delivered to each Rating Agency, the Servicer, the Controlling Class Representative, the Manager, the Back-Up Manager and the Issuer.
The Trustee, on demand of the Securitization Entities, shall execute proper instruments acknowledging confirmation of and discharge under the Indenture and the Guarantee and Collateral Agreement.
Each Management Account shall be (A) pledged to the Trustee for the benefit of the Secured Parties pursuant to Section 3.1 of this Base Indenture or Section 3.1 of the Guarantee and Collateral Agreement, as applicable, and (B) if not established with the Trustee, subject to an Account Control Agreement.
The Senior Notes Interest Reserve Account, as of the Closing Date and at all times thereafter, shall be (A) pledged to the Trustee for the benefit of the Secured Parties pursuant to Section 3.1 or the Guarantee and Collateral Agreement and (B) if not established with the Trustee, subject to an Account Control Agreement.
In connection with any such issuance of Senior Subordinated Notes, the Issuer shall cause Wingstop Franchisor to direct the Trustee to establish and maintain the Senior Subordinated Notes Interest Reserve in its name and for the benefit of the Senior Subordinated Noteholders and the Trustee pursuant to Section 3.5 of the Guarantee and Collateral Agreement.