Examples of Collateral Trust and Agency Agreement in a sentence
The Collateral Agent holds the Collateral in trust for the benefit of the Secured Parties, in each case pursuant to the Collateral Documents and the Collateral Trust and Agency Agreement.
Notwithstanding anything to the contrary contained herein, the Collateral Agent shall have the privileges, powers and immunities set forth in this Indenture, the Collateral Documents and the Collateral Trust and Agency Agreement.
Notwithstanding anything herein to the contrary, the lien and security interest granted to the Collateral Agent pursuant to the Collateral Documents and the exercise of any right or remedy by the Trustee or the Collateral Agent hereunder or under any other loan document are subject to the provisions of the Collateral Trust and Agency Agreement.
The Indenture, the Guarantees, the Notes, the Collateral Documents and the Collateral Trust and Agency Agreement may be amended or supplemented as provided in the Indenture.
Without limiting the generality of the foregoing, and notwithstanding anything herein to the contrary, all rights and remedies of the Trustee and the Collateral Agent (and the Holders and the other Secured Parties) with respect to the Collateral shall be subject to the terms of the Collateral Trust and Agency Agreement.
The Issuer and the Guarantors hereby agree that the Collateral Agent shall hold the Collateral in trust for the benefit of the Secured Parties, in each case pursuant to the terms of the Collateral Trust and Agency Agreement, and the Collateral Agent (and, if necessary, the Trustee) are hereby authorized to execute and deliver the Collateral Documents and the Collateral Trust and Agency Agreement.
The Notes shall be secured by first-priority and second -priority Liens and security interests in the Collateral, in each case subject to Permitted Liens, on the terms and conditions set forth in the Indenture, the Collateral Documents and the Collateral Trust and Agency Agreement.
The Collateral Account shall be a trust account and shall be established and maintained by the Collateral Agent at one of its corporate trust offices, and all Collateral shall be credited thereto.Any funds required under the terms of this Indenture to be deposited into a Collateral Account shall be done so in accordance with the provisions of the Collateral Trust and Agency Agreement.
The Issuer agrees to provide such evidence as the Trustee shall reasonably request as to the perfection (to the extent required by the Security Documents) and second or third priority status, as applicable, of each such security interest and Lien in all cases in accordance with the Collateral Trust and Agency Agreement and to give effect to the requirements of this Article 10.
The provisions of Article 9 of said Collateral Trust and Agency Agreement will apply with like effect to this Collateral Trust Accession.