Holders Bound. Except where the consent of others may be required pursuant to the express provisions of the Collateral Trust Agreement, any modification, amendment, waiver, termination or discharge of any security interest, right, remedy, power or benefit conferred upon Secured Party hereby that is effectuated in a writing signed by Secured Party shall be binding upon all holders of Secured Obligations if it is authorized in the Collateral Trust Agreement or directed in writing by Newco Group.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Grupo Televisa S A), Stock Contribution and Exchange Agreement (Panamsat Corp), Pledge and Security Agreement (Panamsat Corp /New/)
Holders Bound. Except where the consent of others may be required pursuant to the express provisions of the Collateral Trust Agreement, any modification, amendment, waiver, termination or discharge of any security interest, right, remedy, power or benefit conferred upon Secured Party hereby that is effectuated in a writing signed by Secured Party shall be binding upon all holders of Secured Obligations if it is authorized in the Collateral Trust Agreement or directed in writing by Newco GroupAgreement.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Grand Casinos Inc), Distribution Agreement (Hilton Hotels Corp), Pledge and Security Agreement (Lakes Gaming Inc)
