Revolving Credit Collateral Agents definition
Examples of Revolving Credit Collateral Agents in a sentence
Nothing in this Agreement shall impair, as between the Grantors and the Revolving Credit Collateral Agents and the Revolving Credit Claimholders, or as between the Grantors and the Notes Collateral Agent and the Notes Claimholders, the obligations of the Grantors to pay principal, interest, fees and other amounts as provided in the Revolving Credit Documents and the Notes Documents, respectively.
This Agreement and the rights and benefits hereof shall inure to the benefit of each of the parties hereto and its respective successors and assigns and shall inure to the benefit of each of the Revolving Credit Collateral Agents, the Notes Collateral Agent, the Revolving Credit Claimholders and the Notes Claimholders.
The Note Lien Collateral Agent, the Note Lien Representatives and the Note Lien Claimholders hereby each waive any and all rights to have the Revolving Credit Collateral, or any part thereof, marshaled upon any foreclosure or other enforcement of any Revolving Credit Collateral Agent's or Note Lien Collateral Agent's Liens.
Neither the Revolving Credit Collateral Agents and the Revolving Credit Claimholders, on the one hand, nor the Term Loan Collateral Agent and the Term Loan Claimholders, on the other hand, shall have any duty to advise the other of information known to it or them regarding such condition or any such circumstances or otherwise.
This Agreement shall be binding upon the Revolving Credit Collateral Agents, the Revolving Credit Claimholders, the Term Loan Collateral Agent, the Term Loan Claimholders and their respective successors and assigns.
Each of the Revolving Credit Collateral Agents, on behalf of itself and the Revolving Credit Claimholders, and the Term Loan Collateral Agent, on behalf of itself and the Term Loan Claimholders, hereby waives any right it may have under applicable law to revoke this Agreement or any of the provisions of this Agreement.
Each of the Revolving Credit Collateral Agents and the Term Loan Collateral Agent may demand specific performance of this Agreement.
In exercising rights and remedies with respect to the Revolving Credit Collateral, the Revolving Credit Collateral Agents and the Revolving Credit Claimholders may enforce the provisions of the Revolving Credit Loan Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion.
The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Revolving Credit Collateral Agents and the Revolving Credit Claimholders on the one hand and the Term Loan Collateral Agent and the Term Loan Claimholders on the other hand.
All notices to the Revolving Credit Claimholders and the Term Loan Claimholders permitted or required under this Agreement shall also be sent to the Revolving Credit Collateral Agents and the Term Loan Collateral Agent, respectively.