Common use of Collateral Matters; Swap Agreements Clause in Contracts

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Indebtedness shall also extend to and be available to Approved Counterparties to any Swap Agreement with the Borrower or any of its Subsidiaries on a pro rata basis in respect of any obligations of the Borrower or any of its Subsidiaries. No Approved Counterparty shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Indebtedness Obligations shall also extend to and be available to Approved Counterparties (in addition to Lenders and their Affiliates) and any Person which was a Lender or Affiliate of a Lender when it entered into any Swap Agreement with the Borrower or any of its Subsidiaries on a pro rata basis in respect of any obligations of the Borrower Borrowers or any of its Subsidiaries. No Approved Counterparty shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Indebtedness Obligations shall also extend to and be available to Approved Swap Counterparties to any Swap Agreement with the Borrower or any of its Subsidiaries on a pro rata basis in respect of any obligations of the Borrower or any of its SubsidiariesSubsidiaries which arise under any such Swap Agreements. No Approved Swap Counterparty shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.”

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Indebtedness shall also extend to and be available to Approved Counterparties to any Swap Agreement with the Borrower or any of its Subsidiaries Credit Party on a pro rata basis in respect of any obligations of the Borrower or any of its SubsidiariesCredit Parties. No Approved Counterparty shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Indebtedness shall also extend to and be available to Approved Counterparties to any the Secured Swap Agreement with the Borrower or any of its Subsidiaries Parties on a pro rata basis in respect of any obligations Indebtedness owing to Secured Swap Parties (but subject to the terms of the Borrower or any Loan Documents, including provisions thereof relating to the application and priority of its Subsidiariespayments to the Persons entitled thereto). No Approved Counterparty Secured Swap Party shall have any voting rights under any Loan Document solely as a result of the existence of obligations owed to it under any such Swap Agreements.

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Indebtedness Obligations shall also extend to and be available to Approved Counterparties (in addition to Lenders and their Affiliates) any Lender’s Swap Designee and any Person which was a Lender or Affiliate of a Lender when it entered into any Swap Agreement with the Borrower or any of its Subsidiaries on a pro rata basis in respect of any obligations of the Borrower Borrowers or any of its Subsidiaries. No Approved Counterparty shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Indebtedness shall also extend to to, and be available to Approved Counterparties to any Swap Agreement with as security for, obligations and amounts owed by the Borrower or any of its Subsidiaries on a pro rata basis in respect of Subsidiary under any obligations of the Borrower Secured Swap Agreement. No Lender or any Affiliate of its Subsidiaries. No Approved Counterparty a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Secured Swap Agreements.