Common use of Powers of the Collateral Agent Clause in Contracts

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured Parties.

Appears in 9 contracts

Samples: Intercreditor Agreement, Collateral Agency Agreement, Collateral Agency Agreement (Gogo Inc.)

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Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, or as requested in any lawful directions given to it from time to time in respect of any matter by an Act the Administrative Agents in accordance with the provisions of Required Secured Partiesthis Agreement.

Appears in 3 contracts

Samples: Collateral Agency Agreement, Collateral Agency Agreement (California Resources Corp), Collateral Agency Agreement (California Resources Corp)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Credit Agreement Security Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured PartiesSpecified Lenders.

Appears in 2 contracts

Samples: Term Loan Agreement (Diversified Healthcare Trust), Signature (Diversified Healthcare Trust)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents Operative Agreements and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, III or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured Partiesa Securityholder Instruction.

Appears in 2 contracts

Samples: Security and Collateral Agency Agreement, The Lease Agreement (Expressjet Holdings Inc)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Collateral Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured PartiesInstructing Debtholders.

Appears in 2 contracts

Samples: Collateral Trust Agreement (Banro Corp), Collateral Trust Agreement (Banro Corp)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents and applicable law and in equity and to act as expressly set forth in this Article 3 or, subject to the other provisions of this Agreement, or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured PartiesDebtholders.

Appears in 2 contracts

Samples: Collateral Trust and Intercreditor Agreement, Collateral Trust and Intercreditor Agreement (Northern Tier Retail LLC)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Pari Passu Security Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured PartiesPari Passu Debtholders.

Appears in 1 contract

Samples: Credit Agreement (Sunstone Hotel Investors, Inc.)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Collateral Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Instructing Secured Parties or the Requisite Secured Parties, as applicable.

Appears in 1 contract

Samples: Collateral Trust and Agency Agreement (Postmedia Network Canada Corp.)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, 2 or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of the Required Secured PartiesParity Lien Debtholders.

Appears in 1 contract

Samples: Collateral Agency Agreement (Advanced Audio Concepts, LTD)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, III or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured PartiesDebtholders.

Appears in 1 contract

Samples: Collateral Trust Agreement (ICO Global Communications (Holdings) LTD)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents (including in connection with any Enforcement Action and in any Insolvency or Liquidation Proceeding) and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, as requested in any lawful written directions given to it from time to time in respect of any matter by an Act of Required Secured Partiesthe Controlling Representative.

Appears in 1 contract

Samples: Collateral Agency Agreement (HighPeak Energy, Inc.)

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Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under remedies, in each case pursuant to the Security Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, 2 or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required the Secured PartiesDebtholders.

Appears in 1 contract

Samples: Collateral Agency Agreement (Tesoro Petroleum Co Inc)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents Instruments (including in connection with any Enforcement Action and in any Insolvency or Liquidation Proceeding) and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured Partiesthe Controlling Priority Lien Representative.

Appears in 1 contract

Samples: Collateral Agency Agreement (Grizzly Energy, LLC)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Note Lien Security Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, 2 or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of the Required Secured PartiesNote Lien Debtholders.

Appears in 1 contract

Samples: Collateral Agency Agreement (Del Laboratories Inc)

Powers of the Collateral Agent. (ai) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, Section 15 or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured PartiesDebtholders.

Appears in 1 contract

Samples: Security and Pledge Agreement (Calpine Corp)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents and applicable law and in equity and to act as set forth in this Article 3 III or, subject to the other provisions of this Agreement, as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured Parties.

Appears in 1 contract

Samples: Intercreditor Agreement (Diamond Offshore Drilling, Inc.)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations under, and to protect, perfect, exercise and enforce its interest, rights, powers and remedies under under, the Security Documents and applicable law and in equity and to act as expressly set forth in this Article Section 3 or, subject to the other provisions of this Agreement, or as requested in any lawful directions given to it in writing from time to time in respect of any matter by an Act of Required the Controlling Secured PartiesRepresentative.

Appears in 1 contract

Samples: Collateral Trust and Intercreditor Agreement (Foresight Energy LP)

Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise and enforce its interest, rights, powers and remedies under the Security Documents and applicable law and in equity and to act as set forth in this Article 3 or, subject to the other provisions of this Agreement, or as requested in any lawful directions given to it from time to time in respect of any matter by an Act of Required Secured PartiesDebtholders.

Appears in 1 contract

Samples: Recognition Agreement (Delta Energy Center, LLC)

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