Common use of Notes Collateral Agent Clause in Contracts

Notes Collateral Agent. (a) The Issuer and each of the Holders by acceptance of the Notes hereby designates and appoints the Notes Collateral Agent as its agent under this Indenture, the Security Documents and the Equal Priority Intercreditor Agreement, and the Issuer and each of the Holders by acceptance of the Notes hereby irrevocably authorizes the Notes Collateral Agent to take such action on its behalf under the provisions of this Indenture, the Security Documents and the Equal Priority Intercreditor Agreement and to exercise such powers and perform such duties as are expressly delegated to the Notes Collateral Agent by the terms of this Indenture, the Security Documents and the Equal Priority Intercreditor Agreement, and consents and agrees to the terms of the Equal Priority Intercreditor Agreement and each Security Document, as the same may be in effect or may be amended, restated, supplemented or otherwise modified from time to time in accordance with their respective terms. The Notes Collateral Agent agrees to act as such on the express conditions contained in this Section 12.

Notes Collateral Agent. (a) The Issuer and each of the Holders by acceptance of the Notes hereby designates and appoints the Notes Collateral Agent as its agent under this Indenture, the Security Documents and the Equal Priority any Applicable Intercreditor AgreementArrangement, and the Issuer and each of the Holders by acceptance of the Notes hereby irrevocably authorizes the Notes Collateral Agent to take such action on its behalf under the provisions of this Indenture, the Security Documents and the Equal Priority any Applicable Intercreditor Agreement Arrangement and to exercise such powers and perform such duties as are expressly delegated to the Notes Collateral Agent by the terms of this Indenture, the Security Documents and the Equal Priority any Applicable Intercreditor AgreementArrangement, and consents and agrees to the terms of the Equal Priority any Applicable Intercreditor Agreement Arrangement and each Security Document, as the same may be in effect or may be amended, restated, supplemented or otherwise modified from time to time in accordance with their respective terms. For the purposes hereof, each Secured Notes Secured Party (other than the Notes Collateral Agent) hereby appoints and authorizes the Notes Collateral Agent as its agent (comisionista) pursuant to the articles 273, 274 and other applicable provisions of the Mexican Commerce Code (Código de Comercio). The Notes Collateral Agent agrees to act as such on the express conditions contained in this Section 12.

Notes Collateral Agent. (a) The Issuer and each of the Holders by acceptance of the Notes hereby designates and appoints the Notes Collateral Agent as its agent under this Indenture, the Security Notes Collateral Documents and the Equal Priority each Intercreditor Agreement, and the Issuer and each of the Holders by acceptance of the Notes hereby irrevocably authorizes the Notes Collateral Agent to take such action on its behalf under the provisions of this Indenture, the Security Notes Collateral Documents and the Equal Priority each Intercreditor Agreement Agreement, and to exercise such powers and perform such duties as are expressly delegated to the Notes Collateral Agent by the terms of this Indenture, the Security Notes Collateral Documents and the Equal Priority each Intercreditor Agreement, and consents and agrees to the terms of the Equal Priority each Intercreditor Agreement and each Security Notes Collateral Document, as the same may be in effect or may be amended, restated, supplemented or otherwise modified from time to time in accordance with their respective terms. The Notes Collateral Agent agrees to act as such on the express conditions contained in this Section 12.