Common use of General Authority of the Collateral Agent Clause in Contracts

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 107 contracts

Samples: Security Agreement (La Quinta Holdings Inc.), Security Agreement (Red Lion Hotels CORP), Security Agreement (MKS Instruments Inc)

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General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Security Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Security Documents.

Appears in 17 contracts

Samples: Security Agreement (BJ's Wholesale Club Holdings, Inc.), Pledge and Security Agreement (Sabre Corp), Lease Agreement (BJ's Wholesale Club Holdings, Inc.)

General Authority of the Collateral Agent. (a) By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (ai) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (bii) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (ciii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (div) to agree to be bound by the terms of this Agreement and any other Collateral DocumentsSecurity Documents and any applicable Intercreditor Agreement then in effect.

Appears in 8 contracts

Samples: Collateral Agreement (ADT, Inc.), Credit Agreement (Centurylink, Inc), Collateral Agreement (ADT, Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 6 contracts

Samples: Security Agreement (Casa Systems Inc), Credit Agreement (Bright Horizons Family Solutions Inc.), Security Agreement (Casa Systems Inc)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral applicable Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (c) to agree that it shall not individually take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement Agreement, the Intercreditor Agreements or any such other Collateral Security Document and (d) to agree to be bound by the terms of this Agreement Agreement, the Intercreditor Agreements and any such other Collateral Security Documents.

Appears in 5 contracts

Samples: Collateral Agreement (Momentive Performance Materials Inc.), Collateral Agreement (Momentive Performance Materials Inc.), Collateral Agreement (Momentive Performance Materials Inc.)

General Authority of the Collateral Agent. (a) By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (ai) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (bii) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (ciii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (div) to agree to be bound by the terms of this Agreement and any other Collateral DocumentsSecurity Documents and any applicable Intercreditor Agreement then in effect.

Appears in 4 contracts

Samples: Collateral Agreement (Cerence Inc.), Pledge and Security Agreement (Canopy Growth Corp), Collateral Agreement (EDGEWELL PERSONAL CARE Co)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any GrantorHoldings, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Pledged Collateral or any Grantor’s Holdings’ obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any GrantorHoldings, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 4 contracts

Samples: Pledge Agreement (SeaWorld Entertainment, Inc.), Pledge Agreement (SeaWorld Entertainment, Inc.), Security Agreement (SeaWorld Entertainment, Inc.)

General Authority of the Collateral Agent. (a) By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (ai) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (bii) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (ciii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (div) to agree to be bound by the terms of this Agreement and any other Collateral Security Documents.

Appears in 3 contracts

Samples: Intercreditor Agreement (Adtalem Global Education Inc.), Collateral Agreement (McGraw-Hill Interamericana, Inc.), Collateral Agreement (McGraw-Hill Global Education LLC)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and Agreement, any other Collateral DocumentsDocuments and any Permitted Intercreditor Agreement then in effect.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Entegris Inc), Pledge and Security Agreement (Entegris Inc)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Credit Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Credit Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Credit Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Credit Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder thereunder, except as expressly provided in this Agreement or any other Collateral Credit Document and (d) to agree to be bound by the terms of this Agreement and any all other Collateral Credit Documents.

Appears in 2 contracts

Samples: Possession Security Agreement (GWG Holdings, Inc.), Possession Security Agreement (GWG Holdings, Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents. The Collateral Agent shall have the benefit of all rights, privileges, immunities and protections of the Collateral Agent contained in the Indenture with respect to this Agreement as though fully set forth herein.

Appears in 2 contracts

Samples: Pledge and Security Agreement (CF Industries Holdings, Inc.), Pledge and Security Agreement (CF Industries Holdings, Inc.)

General Authority of the Collateral Agent. (a) By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (ai) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (bii) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorHoldings, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Pledged Collateral or any Grantor’s Holdings’ obligations with respect thereto, (ciii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorHoldings, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (div) to agree to be bound by the terms of this Agreement Agreement, any other Security Documents and any other Collateral DocumentsIntercreditor Agreement then in effect.

Appears in 2 contracts

Samples: Holdings Guarantee and Pledge Agreement (ADT, Inc.), Holdings Guarantee and Pledge Agreement (ADT, Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any the Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any the Grantor’s 's obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any the Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 2 contracts

Samples: Credit Agreement (Osi Restaurant Partners, LLC), Credit Agreement (Bloomin' Brands, Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Security Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Security Documents.

Appears in 2 contracts

Samples: Security Agreement (SeaWorld Entertainment, Inc.), Security Agreement (SeaWorld Entertainment, Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Loan Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Loan Documents against any GrantorSpringleaf, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Pledged Collateral or any GrantorSpringleaf’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Loan Document against any GrantorSpringleaf, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Loan Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Loan Documents.

Appears in 2 contracts

Samples: Security Agreement (Springleaf Finance Inc), Security Agreement (Springleaf Finance Corp)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Note Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 2 contracts

Samples: Security Agreement (Velocity Financial, Inc.), Security Agreement (Velocity Financial, Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Security Documents against any GrantorHoldings, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Pledged Collateral or any Grantor’s Holdings’ obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorHoldings, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Security Documents.

Appears in 2 contracts

Samples: Second Lien Pledge Agreement (SeaWorld Entertainment, Inc.), Pledge Agreement (SeaWorld Entertainment, Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any GrantorParent, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Pledged Collateral or any GrantorParent’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any GrantorParent, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 2 contracts

Samples: Security Agreement (Vivint Solar, Inc.), Security Agreement (Vivint Solar, Inc.)

General Authority of the Collateral Agent. (a) By acceptance of the benefits of this Agreement and any other Collateral Documents, each First Lien Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (ai) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (bii) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such First Lien Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (ciii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document (and any intercreditor agreement) and (div) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 2 contracts

Samples: Security Agreement (Nielsen Holdings B.V.), Security Agreement (Nielsen CO B.V.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Loan Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Loan Documents against any GrantorAGFC, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Pledged Collateral or any GrantorAGFC’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Loan Document against any GrantorAGFC, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Loan Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (American General Finance Inc), Credit Agreement (American General Finance Corp)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 2 contracts

Samples: Security Agreement (SeaWorld Entertainment, Inc.), Security Agreement (SeaWorld Entertainment, Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory sig- natory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provi- sions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies reme- dies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 1 contract

Samples: Security Agreement (Epicor Software Corp)

General Authority of the Collateral Agent. 127. By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (ai) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (bii) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (ciii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (div) to agree to be bound by the terms of this Agreement and any other Collateral DocumentsSecurity Documents and any applicable Intercreditor Agreement then in effect.

Appears in 1 contract

Samples: Collateral Agreement (Johnson Controls Inc)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.. *** Confidential treatment has been requested for the portions marked by “***”. The confidential redacted portions have been omitted and filed separately with the Commission

Appears in 1 contract

Samples: Security Agreement (Vivint Solar, Inc.)

General Authority of the Collateral Agent. (a) By acceptance of the benefits of this Agreement and any other Collateral Note Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (ai) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Note Documents, (bii) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Note Documents against any GrantorCredit Party, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorCredit Party’s obligations with respect thereto, (ciii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Note Document against any GrantorCredit Party, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Note Document and (div) to agree to be bound by the terms of this Agreement and any other Collateral DocumentsNote Documents and the Intercreditor Agreement then in effect.

Appears in 1 contract

Samples: Notes Pledge and Security Agreement (Lannett Co Inc)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantorthe Pledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantorthe Pledgor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantorthe Pledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral DocumentsAgreement.

Appears in 1 contract

Samples: Assignment and Assumption (Targa Resources Investments Inc.)

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General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (c) to agree that it shall not individually take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Security Documents.

Appears in 1 contract

Samples: Collateral Agreement (Momentive Specialty Chemicals Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (ai) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (bii) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (ciii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (div) to agree to be bound by the terms of this Agreement Agreement, the Master Lease Intercreditor Agreements and any other Collateral DocumentsSecurity Documents and any applicable Intercreditor Agreement then in effect.

Appears in 1 contract

Samples: Intercreditor Agreement (CAESARS ENTERTAINMENT Corp)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Notes Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall shall, subject to the terms of the Indenture, have the authority to act as the exclusive agent of such Notes Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder thereunder, except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral DocumentsDocument.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Lmi Aerospace Inc)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any the Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any the Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any the Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 1 contract

Samples: General Security Agreement (Avon Products Inc)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Security Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or Mortgaged Property or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (d) to agree to be bound by the terms of this Agreement and any other Security Documents. The Collateral DocumentsAgent is not and shall not be deemed to be a fiduciary for any Grantor or any Secured Party.

Appears in 1 contract

Samples: Second Lien Security Agreement (Bon Ton Stores Inc)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (c) to agree that it shall not individually take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement Agreement, the Intercreditor Agreements or any other Collateral Security Document and (d) to agree to be bound by the terms of this Agreement Agreement, the Intercreditor Agreements and any other Collateral Security Documents.

Appears in 1 contract

Samples: Collateral Agreement (Momentive Specialty Chemicals Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (c) to agree that it shall not individually take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement Agreement, the Intercreditor Agreements or any other Collateral Security Document and (d) to agree to be bound by the terms of this Agreement Agreement, the Intercreditor Agreements and any other Collateral Security Documents.

Appears in 1 contract

Samples: Collateral Agreement (Hexion Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (d) to agree to be bound by the terms of this Agreement, the Intercreditor Agreement and any other Collateral Security Documents.

Appears in 1 contract

Samples: Second Lien Collateral Agreement (Momentive Performance Materials Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Notes Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall shall, subject to the terms of the Indenture, have the authority to act as the exclusive agent of such Notes Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder thereunder, except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any all other Collateral Documents.

Appears in 1 contract

Samples: Collateral Agreement (Lmi Aerospace Inc)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.. 29

Appears in 1 contract

Samples: Credit Agreement (Communications Sales & Leasing, Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of powers, rights and remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or Mortgaged Properties or any Grantor’s obligations with respect theretothereto (including, without limitation, entering into the Intercreditor Agreements on behalf of the Secured Parties), (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 1 contract

Samples: Second Lien Security Agreement (Heinz H J Co)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory signato- ry hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.

Appears in 1 contract

Samples: Security Agreement (Epicor Software Corp)

General Authority of the Collateral Agent. (a) By acceptance of the benefits of this Agreement and any other Collateral Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (ai) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (bii) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Security Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (ciii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Security Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Security Document and (div) to agree to be bound by the terms of this Agreement, the First Lien/Second Lien Intercreditor Agreement and any other Collateral DocumentsSecurity Documents and any applicable Intercreditor Agreement then in effect.

Appears in 1 contract

Samples: Collateral Agreement (ADT Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Secured Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Security Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Security Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Secured Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Secured Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Secured Documents.

Appears in 1 contract

Samples: Security Agreement (APX Group Holdings, Inc.)

General Authority of the Collateral Agent. (a) By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (ai) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (bii) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provision of this Agreement and such other Collateral Documents against any GrantorPledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any GrantorPledgor’s obligations with respect thereto, (ciii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any GrantorPledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (div) to agree to be bound by the terms of this Agreement and any other Collateral DocumentsDocuments and any applicable Intercreditor Agreement then in effect.

Appears in 1 contract

Samples: Credit Agreement (Iac/Interactivecorp)

General Authority of the Collateral Agent. By acceptance of the benefits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.. 95959845_3

Appears in 1 contract

Samples: Security Agreement (Bloomin' Brands, Inc.)

General Authority of the Collateral Agent. By acceptance of the benefits bene- fits of this Agreement and any other Collateral Documents, each Secured Party (whether or not a signatory signa- tory hereto) shall be deemed irrevocably (a) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Collateral Documents, (b) to confirm that the Collateral Agent shall have the authority to act as the exclusive agent of such Secured Party for the enforcement of any provisions provi- sions of this Agreement and such other Collateral Documents against any Grantor, the exercise of remedies reme- dies hereunder or thereunder and the giving or withholding of any consent or approval hereunder or thereunder the- reunder relating to any Collateral or any Grantor’s obligations with respect thereto, (c) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Collateral Document against any Grantor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Collateral Document and (d) to agree to be bound by the terms of this Agreement and any other Collateral Documents.Document

Appears in 1 contract

Samples: Security Agreement (Epicor Software Corp)

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