Common use of Authorization of Receipt of Funds by the Trustee Under the Security Documents Clause in Contracts

Authorization of Receipt of Funds by the Trustee Under the Security Documents. The Trustee and/or the Notes Collateral Agent is authorized to receive for the benefit of the Holders any funds distributed under the Security Documents or Intercreditor Agreement, and to make further distributions of such funds to the Holders according to this Indenture and the Intercreditor Agreement.

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the terms of the Intercreditor Agreement, proceeds in respect of the Collateral received by the Collateral Agent shall be passed on to the Trustee. The Trustee and/or the Notes Collateral Agent is authorized to receive any funds for the benefit of the Holders any funds of Notes distributed under the Security Documents or Intercreditor AgreementDocuments, and to make further distributions of such funds to the Holders of Notes according to the provisions of this Indenture and the Intercreditor Agreement.Indenture. 110

Authorization of Receipt of Funds by the Trustee Under the Security Documents. The Trustee and/or the Notes Collateral Agent is authorized to receive any funds for the benefit of the Holders any funds distributed under the Security Documents or and the Intercreditor Agreement, and to make further distributions of such funds to the Holders according to the provisions of this Indenture Indenture, the Security Documents, and the Intercreditor Agreement.

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, proceeds in respect of Collateral received by the Collateral Agent shall be passed on to the Paying Agent. The Trustee and/or the Notes Collateral Paying Agent is authorized to receive any funds from the Collateral Agent for the benefit of the Holders any funds distributed under the Security Documents or Intercreditor AgreementDocuments, and to make further distributions of such funds to the Holders according to the provisions of this Indenture and the Intercreditor AgreementIndenture.

Authorization of Receipt of Funds by the Trustee Under the Security Documents. The Trustee and/or Subject to the provisions of the First Lien Intercreditor Agreement, the Notes Collateral Agent is authorized to receive any funds for the benefit of the Holders any funds distributed under the Security Documents or Intercreditor AgreementDocuments, and to make further distributions of such funds to the Holders according to the provisions of this Indenture and the Intercreditor AgreementIndenture.