Designees. The El Paso Settling Parties covenant and agree that the Settlement Fund shall be entitled to the benefit of the Collateral, exercise any rights with respect to the Collateral and the Secured Obligations, and take any and all other actions relating to the Collateral, the Secured Obligations, this Agreement and the Security Documents, by or through the Collateral Agent.
Appears in 4 contracts
Samples: Master Settlement Agreement, Master Settlement Agreement, Master Settlement Agreement (El Paso Corp/De)
