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Common use of Control Party Clause in Contracts

Control Party. The person so designated as such in a Related Agreement, or, if no such person is so designated, then the trustee, or if there is no trustee, then any "agent" for the lenders thereunder.

Appears in 2 contracts

Sources: Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC), Limited Liability Company Operating Agreement (Charter Equipment Lease 1998-1 LLC)

Related Clauses

  • Collateral Trustee
  • Collateral Agent
  • Indenture Trustee
  • Backup Servicer
  • Controlling Party

Parent Clauses

  • Controlling Class Representative and Control Party
  • REPRESENTATIONS AND WARRANTIES
  • ADDITIONAL COVENANTS
  • Waiver of Setoffs
  • Management Right

Sub-Clauses

  • CCR Consent Requests
  • Control Party Consent Requests
  • Noteholder and Majority Controlling Class Consent Requests
  • Controlling Class Representative Consent Requests
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