Common use of Holdings Collateral Clause in Contracts

Holdings Collateral. Notwithstanding anything to the contrary in this Agreement, the parties hereto agree that (a) with respect to Holdings, the Collateral shall be limited to now owned or hereafter acquired (i) Equity Interests of the Borrower (and any successor entity) owned by Holdings, including those that are listed on Schedule II, and any other Equity Interests of Borrower (and any successor entity) obtained in the future by Holdings and, in each case, the certificates representing all such Equity Interests; (ii) payments of principal or interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of, in exchange for or upon the conversion of, and all other Proceeds received in respect of, the Equity Interests and securities referred to in clauses (i) above; (iii) subject to Section 2.06, all rights and privileges of Holdings with respect to the securities and other property referred to in clauses (i) and (ii) above; and (iv) all Proceeds of any of the foregoing (collectively the “Holdings Collateral”) and (b) the representations, warranties and covenants set forth herein shall apply to Holdings only with respect to the Holdings Collateral.