Common use of Collateral and Security Documents Clause in Contracts

Collateral and Security Documents. (a) To secure the due and punctual payment of principal of and interest on the Notes by the Company when and as the same shall be due and payable (whether on an Interest Payment Date, at Stated Maturity, by acceleration, call for redemption, upon a Change of Control Offer or an Offer, with respect to an Asset Sale or otherwise) and interest on the overdue principal of, and interest (to the extent permitted by law) on, the Notes and performance of all other obligations of the Company and the Guarantors to the Holders of the Notes, the Trustee or the Collateral Agent under this Indenture, the Notes, the Guarantees, and the Security Documents, according to the terms hereunder or thereunder, each of the Company and the Guarantors will enter into the Security Documents, to create the security interests with respect to the Collateral (except to the extent that granting such Liens is precluded by the provisions or the documents evidencing Senior Secured Debt). The Trustee, the Collateral Agent, the Guarantors and the Company hereby acknowledge and agree that the Collateral Agent holds the Collateral in Trust for the benefit of the Holders of the Note and the Trustee pursuant to the terms of the Security Documents.

Collateral and Security Documents. (a) To secure the due and punctual payment of principal of of, premium, if any and interest on the Notes by the Company when and as the same shall be due and payable (whether on an Interest Payment Date, at Stated Maturity, by acceleration, call for redemption, upon a Change of Control Offer or an Offer, Offer with respect to an Asset Sale or otherwise) and interest on the overdue principal of, and interest (to the extent permitted by law) on, the Notes and performance of all other obligations of the Company and the Guarantors to the Holders of the Notes, the Trustee or the Collateral Agent under this Indenture, the Notes, the Guarantees, and the Security Documents, according to the terms hereunder or thereunder, each of the Company Company, the Guarantors and the Guarantors Trustee will enter into the Security Documents, Documents to create the security interests with respect to the Collateral (except to the extent that granting such Liens is precluded by the provisions or the documents evidencing Senior Secured Debt)Collateral. The Trustee, the Collateral Agent, the Guarantors and the Company hereby acknowledge and agree that the Collateral Agent holds the Collateral in Trust trust for the benefit of the Holders of the Note Notes, the Collateral Agent and the Trustee pursuant to the terms of the Security Documents.

Collateral and Security Documents. (a) To secure the The due and punctual payment of the principal of of, premium (if any), interest and interest Additional Interest (if any) on the Notes by the Company when and as the same shall be due and payable (payable, whether on an Interest Payment Dateinterest payment date, at Stated Maturitymaturity, by acceleration, call for redemptionrepurchase, upon a Change of Control Offer or an Offer, with respect to an Asset Sale redemption or otherwise) , and interest on the overdue principal of, of and interest (to the extent permitted by law) on, interest on the Notes and performance of all other obligations of the Company Issuers and the Guarantors to the Holders of the NotesHolders, the Trustee or the Collateral Second Lien Agent under this Indenture, the Notes, the Guarantees, Intercreditor Agreement and the Security Documents, according to the terms hereunder or thereunder, each shall be secured by a pledge of a perfected second priority security interest in the Collateral in favor of the Company Second Lien Agent on behalf of itself, the Trustee and the Guarantors will enter into Holders and as provided in the Security Documents, to create which define the security interests with respect to the Collateral (except to the extent that granting such Liens is precluded by the provisions or the documents evidencing Senior Secured Debt). The Trustee, the Collateral Agent, the Guarantors and the Company hereby acknowledge and agree that the Collateral Agent holds the Collateral in Trust for the benefit terms of the Holders of Liens that secure the Note and the Trustee pursuant obligations, subject to the terms of the Security DocumentsIntercreditor Agreement.

Collateral and Security Documents. (a) To secure the due and punctual payment of principal of and interest on the Notes Securities by the Company Issuer when and as the same shall be due and payable (payable, whether on an Interest Payment Date, at Stated Maturity, by acceleration, call for redemption, upon a Change of Control an Offer or an Offerto Purchase, with respect to an Asset Sale or otherwise) , and interest on the overdue principal of, of and interest (to the extent permitted by law) on), on the Notes Securities and performance of all other obligations Obligations of the Company Issuer and the Subsidiary Guarantors to the Holders of the NotesSecurities, the Trustee or the Collateral Agent under this Indenture, the NotesSecurities, the Subsidiary Guarantees, and the Security Documents, according to the terms hereunder or thereunder, each of the Company Issuer and the Subsidiary Guarantors will enter into the Security Documents, to create the security interests with respect to the Collateral (except to the extent that granting such Liens is precluded by the provisions or of the documents evidencing Senior Secured DebtExisting Debt as in effect on the Closing Date). The Trustee, the Collateral Agent, the Subsidiary Guarantors and the Company Issuer hereby acknowledge and agree that the Collateral Agent holds the Collateral in Trust trust for the benefit of the Holders of the Note and the Trustee Trustee, among others, pursuant to the terms of the Security Documents.