Concerning the Security Trustee Sample Clauses

Concerning the Security Trustee. In respect of the Security Trustee's performance of appointing the Administrative Agent to provide the Bank Account Management Services set forth in Section 2.04 and in the Indenture, the Security Trustee shall be afforded all of the rights, protections, immunities and indemnities contained in the Security Trust Agreement as if such rights, protections, immunities and indemnities were specifically set forth herein.
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Concerning the Security Trustee. The Security Trustee has entered into this Agreement in its capacity as security trustee of the Finance Parties. Whenever any reference is made in this Agreement to an act to be performed by the Security Trustee, such reference shall be construed and applied for all purposes as if it referred to an act to be performed by the Security Trustee for and on behalf of the Finance Parties. Any and all of the representations, undertakings, covenants, indemnities, agreements and other obligations (in this section, collectively, "obligations") made on the part of the Security Trustee herein are made and intended not as personal obligations of or by the Security Trustee or for the purpose or with the intention of binding the Security Trustee in its personal capacity, but are made and intended for the purpose of binding only the Security Trustee in its capacity as agent for, and the property and assets of, the Finance Parties No property or assets of the Security Trustee, whether owned beneficially by it in its personal capacity or otherwise, will be subject to levy, execution or other enforcement procedures with regard to any of the Security Trustee's obligations hereunder. No recourse may be had or taken, directly or indirectly, against the Security Trustee in its personal capacity, or any incorporator, shareholder, officer, director, employee or agent of the Security Trustee or of any predecessor or successor of the Security Trustee, with regard to its obligations under this Agreement. Notwithstanding the foregoing provisions of this Section 10.8, the nature and extent of the obligations of the Security Trustee to the Finance Parties and the Borrower Parties (as defined in the Credit Agreement), and any recourse of the Finance Parties and the Borrower Parties against the Security Trustee, will be governed by the terms of the Credit Agreement and will not be affected or impaired by the foregoing provisions. (execution page follows)
Concerning the Security Trustee. Notwithstanding anything herein to the contrary, all of the rights, protections, immunities and indemnities afforded to the Security Trustee pursuant to the Security Agreement shall be incorporated in this Agreement as though explicitly set forth herein. 1000356000x0
Concerning the Security Trustee. In respect of the Security Trustee's performance of appointing the Cash Manager to provide the Cash Management Services, the Security Trustee shall be afforded all of the rights, protections, immunities and indemnities contained in the Security Trust Agreement as if such rights, protections, immunities and indemnities were specifically set forth herein.
Concerning the Security Trustee 

Related to Concerning the Security Trustee

  • The Security Trustee The Security Trustee has agreed to become a party to this Agreement for the better preservation and enforcement of its rights under this Agreement but shall have no responsibility for any of the obligations of, nor assume any liabilities to, the Cash Manager, the Account Banks, the Mortgages Trustee or Funding hereunder.

  • Concerning the Securityholders SECTION 7.01.

  • CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR Section 8.1

  • Indemnity to the Security Agent (a) Each Obligor shall promptly indemnify the Security Agent and every Receiver and Delegate against any cost, loss or liability incurred by any of them as a result of:

  • CONCERNING THE TRUSTEE Section 8.01 Duties of the Trustee........................................ Section 8.02 Certain Matters Affecting the Trustee........................ Section 8.03 Trustee Not Liable for Certificates or Mortgage Loans........ Section 8.04 Trustee May Own Certificates................................. Section 8.05 Trustee's Fees and Expenses.................................. Section 8.06 Eligibility Requirements for the Trustee..................... Section 8.07 Resignation and Removal of the Trustee....................... Section 8.08

  • Concerning the Collateral Agent The provisions of Article IX of the Credit Agreement shall inure to the benefit of the Collateral Agent in respect of this Agreement and shall be binding upon all Loan Parties and all Finance Parties and upon the parties hereto in such respect. In furtherance and not in derogation of the rights, privileges and immunities of the Collateral Agent therein set forth:

  • Certain Matters Affecting the Trustee and the Securities Administrator Except as otherwise provided in Section 6.01:

  • Concerning the Holders Section 8.01. Action by Holders 45 Section 8.02. Proof of Execution by Holders 45 Section 8.03. Who Are Deemed Absolute Owners 45 Section 8.04. Company-Owned Notes Disregarded 46 Section 8.05. Revocation of Consents; Future Holders Bound 46

  • Concerning the Trustees The provisions of this Agreement shall not affect the rights and obligations of the Accepting Trustees under the applicable Governing Agreements, which shall equally apply to all of such Trustee’s rights and obligations under this Settlement Agreement. Nothing in this Settlement Agreement shall be construed to imply that any Trustee owes any greater duties under the Governing Agreements than it would otherwise owe under those agreements.

  • Certain Matters Affecting the Securities Administrator Except as otherwise provided in Section 10.01:

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