Collateral Trust Documents definition
Examples of Collateral Trust Documents in a sentence
The terms and conditions of the Collateral Trust Documents shall be in form and substance satisfactory to the Administrative Agent in its sole and absolute discretion.
The Collateral Trust Documents are deemed to have been executed and delivered, and all extensions of credit thereunder are deemed to have been made or incurred, in reliance upon this Agreement.
The Collateral Trustee may resign or may be replaced at any time as provided in the Collateral Trust Documents.
Notwithstanding anything contained herein or in any other agreement to the contrary, all notices, reports or other documents required to be delivered by the Collateral Trustee hereunder or under any of the other Collateral Trust Documents to any of the Holders shall be deemed delivered by the Collateral Trustee for purposes hereof or thereof by the delivery thereof to the Agent or the applicable Trustee, as the case may be, in respect of such Holder(s).
For avoidance of doubt, it is understood that nothing in this Agreement shall prevent any ABL Secured Party or any Collateral Trust Secured Party from exercising any available remedy to accelerate the maturity of any indebtedness or other obligations owing under the ABL Documents or the Collateral Trust Documents, as applicable, or to demand payment under any guarantee in respect thereof.
Each of the Agent and the Trustee shall be responsible for maintaining a list setting forth the names and addresses of each party to whom notices must be sent under the Credit Agreement with respect to the transactions relating to the Lender Documents, the Operative Documents, this Agreement and the other Collateral Trust Documents, and the Collateral Trustee shall have no responsibility or liability with respect thereto.
Notwithstanding anything contained herein or in any other agreement to the contrary, all notices, reports or other documents required to be delivered by the Collateral Trustee hereunder or under any of the other Collateral Trust Documents to any of the Holders shall be deemed delivered by the Collateral Trustee for purposes hereof or thereof by the delivery thereof to the Agent or the Trustee, as the case may be, in respect of such Holder(s).
Upon and after the effectiveness of this Amendment, each reference in the Intercreditor Agreement to “this Agreement”, “hereunder”, “herein”, “hereof” or words of like import referring to the Intercreditor Agreement, and each reference in the other ABL Documents or Collateral Trust Documents.
To the extent that any terms and conditions in any of the ABL Documents or Collateral Trust Documents shall contradict or be in conflict with any terms or conditions of the Intercreditor Agreement, after giving effect to this Amendment, such terms and conditions are hereby deemed modified or amended accordingly to reflect the terms and conditions of the Intercreditor Agreement as modified or amended hereby.
The Collateral Trust Representative and the ABL Representative hereby agree that no party shall have any duty to advise any other party of information known to it regarding such condition or any such circumstances (except as otherwise provided in the ABL Documents and Collateral Trust Documents).