Common use of Agents under Collateral Documents Clause in Contracts

Agents under Collateral Documents. Each Holder hereby further authorizes the Trustee on behalf of and for the benefit of the Holders, to be the agent for and representative of the Holders with respect to the Collateral and the Collateral Documents and authorizes the Trustee to appoint and direct the Collateral Agent to be the agent for and representative of the Holders with respect to the Collateral and the Collateral Documents in accordance with the provisions of the Intercreditor Agreement.

Appears in 2 contracts

Sources: Indenture (Mariner Post Acute Network Inc), Indenture (Mariner Health Care Inc)

Agents under Collateral Documents. Each Holder hereby further authorizes the Trustee on behalf of and for the benefit of the Holders, to be the agent for and representative of the Holders with respect to the Collateral and the Collateral Documents and authorizes the Trustee to appoint and direct the Collateral Agent Trustee to be the agent for and representative of the Holders with respect to the Collateral and the Collateral Documents in accordance with the provisions of the Intercreditor Collateral Trust Agreement.

Appears in 1 contract

Sources: Indenture (Superior Telecommunications Inc)