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 any Applicable Intercreditor Arrangement, 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 any Applicable Intercreditor 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 any Applicable Intercreditor Arrangement, and consents and agrees to the terms of any Applicable Intercreditor 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. (a1) The Issuer Each of the Company, the Trustee and each of the Holders Holder by acceptance of the Notes hereby designates and appoints the Notes Collateral Agent as its agent under this Indenture, the Security Documents and any Applicable Intercreditor Arrangement, Agreements and the Issuer other Notes Collateral Documents, and each of the Holders Company, the Trustee and each Holder 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 Intercreditor Agreements and the other Notes Collateral Documents and any Applicable Intercreditor 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 Intercreditor Agreements and the other Notes Collateral Documents, including for the purposes of acquiring, holding and enforcing any Applicable Intercreditor Arrangementand all Liens on Collateral granted by the Issuer and Guarantors thereunder to secure the Notes Obligations, together with such powers as are reasonably incidental thereto, and consents and agrees to the terms of any Applicable Intercreditor Arrangement each Notes Collateral Document and each Security DocumentIntercreditor Agreement, 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 1211.

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 any Applicable each Intercreditor ArrangementAgreement, 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 any Applicable each Intercreditor Arrangement 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 any Applicable each Intercreditor ArrangementAgreement, and consents and agrees to the terms of any Applicable each Intercreditor Arrangement 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. 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.