Common use of OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE Clause in Contracts

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. SECTION 3.1 Undertaking of the Collateral Trustee SECTION 3.2 Release or Subordination of Liens SECTION 3.3 Enforcement of Liens SECTION 3.4 Order of Application of Proceeds SECTION 3.5 Powers of the Collateral Trustee

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 14 SECTION 3.1 Undertaking of the Collateral Trustee 14 SECTION 3.2 Release or Subordination of Liens 15 SECTION 3.3 Enforcement of Liens 16 SECTION 3.4 Order of Application of Proceeds 16 SECTION 3.5 Powers of the Collateral TrusteeTrustee 17 SECTION 3.6 Documents and Communications 17 SECTION 3.7 For Sole and Exclusive Benefit of Secured Parties 17 SECTION 3.8 Additional Parity Lien Debt 18

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 33 SECTION 3.1 Appointment and Undertaking of the Collateral Trustee 33 SECTION 3.2 Release or Subordination of Liens 34 SECTION 3.3 Enforcement of Liens Remedies Upon Actionable Default 34 SECTION 3.4 Order of Application of Proceeds 34 SECTION 3.5 Powers of the Collateral TrusteeTrustee 36 SECTION 3.6 Documents and Communications 37 SECTION 3.7 For Sole and Exclusive Benefit of Holders of Secured Obligations 37 SECTION 3.8 Additional Secured Debt 37

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 30 SECTION 3.1 Appointment and Undertaking of the Collateral Trustee 30 SECTION 3.2 Release or Subordination of Liens 31 SECTION 3.3 Enforcement of Liens 32 SECTION 3.4 Order of Application of Proceeds 32 SECTION 3.5 Powers of the Collateral TrusteeTrustee 34 SECTION 3.6 Documents and Communications 34 SECTION 3.7 For Sole and Exclusive Benefit of Holders of Secured Obligations 35 SECTION 3.8 Additional Secured Debt 35

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. SECTION 3.1 SECTION 3.2 SECTION 3.3 SECTION 3.4 SECTION 3.5 SECTION 3.6 SECTION 3.7 SECTION 3.8 Undertaking of the Collateral Trustee SECTION 3.2 Release or Subordination of Liens SECTION 3.3 Enforcement of Liens SECTION 3.4 Order of Application of Proceeds SECTION 3.5 Powers of the Collateral TrusteeTrustee Documents and Communications For Sole and Exclusive Benefit of Holders of Secured Obligations Additional Secured Debt

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 22 SECTION 3.1 Undertaking of the Collateral Trustee 22 SECTION 3.2 Release or Subordination of Liens 23 SECTION 3.3 Enforcement of Liens 23 SECTION 3.4 Order of Application of Proceeds 24 SECTION 3.5 Powers of the Collateral TrusteeTrustee 25 SECTION 3.6 Documents and Communications 25 SECTION 3.7 For Sole and Exclusive Benefit of Holders of Secured Obligations 25 SECTION 3.8 Additional Secured Debt 26

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 28 SECTION 3.1 Undertaking of the Collateral Trustee 28 SECTION 3.2 Release or Subordination of Liens 29 SECTION 3.3 Enforcement of Liens 29 SECTION 3.4 Order of Application of Proceeds 30 SECTION 3.5 Powers of the Collateral TrusteeTrustee 32 SECTION 3.6 Documents and Communications 32 SECTION 3.7 For Sole and Exclusive Benefit of Holders of Secured Debt Obligations 33 SECTION 3.8 Additional Secured Debt 33

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 10 SECTION 3.1 Undertaking of the Collateral Trustee 10 SECTION 3.2 Release or Subordination of Liens 11 SECTION 3.3 Enforcement of Liens 11 SECTION 3.4 Order of Application of Proceeds 11 SECTION 3.5 Powers of the Collateral TrusteeTrustee 13 SECTION 3.6 Documents and Communications 13 SECTION 3.7 For Sole and Exclusive Benefit of Holders of Secured Debt Obligations 13 SECTION 3.8 Additional Secured Debt 13

OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE. 31 SECTION 3.1 Appointment and Undertaking of the Collateral Trustee 31 SECTION 3.2 Release or Subordination of Liens 32 SECTION 3.3 Enforcement of Liens 33 SECTION 3.4 Order of Application of Proceeds 33 SECTION 3.5 Powers of the Collateral TrusteeTrustee 36 SECTION 3.6 Documents and Communications 36 SECTION 3.7 For Sole and Exclusive Benefit of the Secured Parties 36 SECTION 3.8 Additional Secured Debt 36