Common use of Certain Rights of the Collateral Agent Clause in Contracts

Certain Rights of the Collateral Agent. (a) No Secured Creditor shall have the right to cause the Collateral Agent to take any action with respect to the Collateral hereunder or the collateral under any other Security Document, with only the Required Secured Creditors having the right to direct the Collateral Agent to take any such action. If the Collateral Agent shall request instructions from the Required Secured Creditors, with respect to any act or action (including failure to act) in connection with this Agreement or any other Security Document, the Collateral Agent shall be entitled to refrain from such act or taking such action unless and until it shall have received instructions from the Required Secured Creditors and to the extent requested, appropriate indemnification in respect of actions to be taken, and the Collateral Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Secured Creditor shall have any right of action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Secured Creditors.

Certain Rights of the Collateral Agent. (a) No Secured Creditor shall have the right to cause the Collateral Agent to take any action with respect to the Collateral hereunder or the collateral under any other Security DocumentCollateral, with only the Required Secured Creditors having the right to direct the Collateral Agent to take any such action. If the Collateral Agent shall request instructions from the Required Secured Creditors, with respect to any act or action (including failure to act) in connection with this Agreement or any other the Security DocumentAgreement, the Collateral Agent shall be entitled to refrain from such act or taking such action unless and until it shall have received instructions from the Required Secured Creditors and to the extent requested, appropriate indemnification in respect of actions to be taken, and the Collateral Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Secured Creditor shall have any right of action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Secured Creditors.

Certain Rights of the Collateral Agent. (a) No Secured Creditor shall have the right to cause the Collateral Agent to take any action with respect to the Collateral hereunder or the collateral under any other Security DocumentCollateral, with only the Required Secured Creditors having the right to direct the Collateral Agent to take any such action. If the Collateral Agent shall request instructions from the Required Secured Creditors, with respect to any act or action (including failure to act) in connection with this Agreement or any other the U.S. Security DocumentAgreement, the Collateral Agent shall be entitled to refrain from such act or taking such action unless and until it shall have received instructions from the Required Secured Creditors and to the extent requested, appropriate indemnification in respect of actions to be taken, and the Collateral Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Secured Creditor shall have any right of action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Secured Creditors.

Certain Rights of the Collateral Agent. (a) No Secured Creditor shall have (i) any right to individually seek to enforce any Collateral Document or to realize upon the security to be granted thereby or (ii) any right to cause the Collateral Agent to take any action with respect to the Collateral hereunder or the collateral under any other Security DocumentCollateral, with only the Required Secured Creditors Collateral Agent having the right to direct the Collateral Agent to take any such actionaction at the direction of the Required Secured Creditors. If the Collateral Agent shall request instructions from the Required Secured Creditors, Creditors with respect to any act or action (including failure to act) in connection with this Agreement or any other Security Documentof the Collateral Documents, the Collateral Agent shall be entitled to refrain from such act or taking such action unless and until it shall have received instructions from the Required Secured Creditors and to the extent requested, appropriate indemnification in respect of actions to be taken, and the Collateral Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Secured Creditor shall have any right of action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Secured Creditors.

Certain Rights of the Collateral Agent. (a) No Secured Creditor shall have (i) any right to individually seek to enforce any Security Document or to realize upon the security to be granted thereby or (ii) any right to cause the Collateral Agent to take any other action with respect to the Collateral hereunder or the collateral under any other Security DocumentCollateral, with only the Required Secured Creditors Collateral Agent having the right to direct enforce the Collateral Agent to Security Documents, realize upon the security granted thereby and take any such actionother action (in each case) at the direction of the Required Secured Creditors. If the Collateral Agent shall request instructions from the Required Secured Creditors, Creditors with respect to any act or action (including failure to act) in connection with this Agreement or any other of the Security DocumentDocuments, the Collateral Agent shall be entitled to refrain from such act or taking such action unless and until it shall have received instructions from the Required Secured Creditors and to the extent requested, appropriate indemnification in respect of actions to be taken, and the Collateral Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Secured Creditor shall have any right of action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or refraining from acting hereunder under the Security Documents in accordance with the instructions of the Required Secured Creditors.

Certain Rights of the Collateral Agent. (aq) No Secured Creditor shall have the right to cause the Collateral Agent to take any action with respect to the Collateral hereunder or the collateral under any other Security DocumentCollateral, with only the Required Secured Creditors having the right to direct the Collateral Agent to take any such action. If the Collateral Agent shall request instructions from the Required Secured Creditors, Creditors with respect to any act or action (including failure to act) in connection with this Agreement or any other Security DocumentAgreement, the Collateral Agent shall be entitled to refrain from such act or taking such action unless and until it shall have received instructions from the Required Secured Creditors and to the extent requested, appropriate indemnification in respect of actions to be taken, and the Collateral Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Secured Creditor shall have any right of action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Secured Creditors.

Certain Rights of the Collateral Agent. (a) No Secured Creditor shall have the right to cause the Collateral Agent to take any action with respect to the Collateral hereunder or the collateral under any other Security DocumentCollateral, with only the Required Secured Creditors having the right to direct the Collateral Agent to take any such action. If the Collateral Agent shall request instructions from the Required Secured Creditors, Creditors with respect to any act or action (including failure to act) in connection with this Agreement or any other Security DocumentAgreement, the Collateral Agent shall be entitled to refrain from such act or taking such action unless and until it shall have received instructions from the Required Secured Creditors and to the extent requested, appropriate indemnification in respect of actions to be taken, and the Collateral Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Secured Creditor shall have any right of action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Secured Creditors.

Certain Rights of the Collateral Agent. (a) No Secured Creditor shall have the right to cause the Collateral Agent to take any action with respect to the Collateral hereunder or the collateral under any other Security Document, with only the Required Secured Creditors having the right to direct the Collateral Agent to take any such action. If the Collateral Agent shall request instructions from the Required Secured Creditors, Certificateholders with respect to any act or action (including the failure to act) in connection with this Agreement or any other Security DocumentAgreement, the Collateral Agent shall be entitled to refrain from such act or taking such action unless and until it the Collateral Agent shall have received instructions from the Required Secured Creditors and to the extent requested, appropriate indemnification in respect of actions to be taken, Certificateholders; and the Collateral Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Secured Creditor Certificateholder shall have any right of action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Secured CreditorsCertificateholders. No provision of this Agreement shall require the Collateral Agent to expend or risk its personal funds or otherwise incur any financial liability in the performance of its rights or powers hereunder, if the Collateral Agent in its sole discretion shall believe that repayment of such funds or adequate indemnity against such risk or liability is not assured or provided to it.

Certain Rights of the Collateral Agent. a)" \* MERGEFORMAT (a) No Secured Creditor shall have the right to cause the Collateral Agent to take any action with respect to the Collateral hereunder or the collateral under any other Security DocumentCollateral, with only the Required Secured Creditors having the right to direct the Collateral Agent to take any such action, it being understood and agreed that nothing in this Agreement shall affect the rights of the Secured Creditors to accelerate their respective Obligations in accordance with their respective Secured Debt Documents. If the Collateral Agent shall request instructions from the Required Secured Creditors, with respect to any act or action (including failure to act) in connection with this Agreement or any other Security DocumentAgreement, the Collateral Agent shall be entitled to refrain from such act or taking such action unless and until it shall have received instructions from the Required Secured Creditors and to the extent requested, appropriate indemnification in respect of actions to be taken, and the Collateral Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Secured Creditor shall have any right of action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Secured Creditors.. As used herein, the term "Required Secured Creditors" shall mean the Required Banks (or, to the extent required by