Common use of Rights and Immunities of Secured Debt Representatives Clause in Contracts

Rights and Immunities of Secured Debt Representatives. The Trustee will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors or the Collateral Agent hereunder.

Appears in 3 contracts

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

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Rights and Immunities of Secured Debt Representatives. The Trustee Administrative Agent will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture Credit Agreement and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture indenture, Hedge Agreement or other agreement governing the applicable Secured Debt with respect to which such Person will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors or the Collateral Agent Trustee hereunder.

Appears in 2 contracts

Samples: Agency and Intercreditor Agreement, Collateral Agency and Intercreditor Agreement (Intelsat S.A.)

Rights and Immunities of Secured Debt Representatives. The Indenture Trustee will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors or the Collateral Agent Trustee hereunder.

Appears in 2 contracts

Samples: Collateral Trust Agreement (Triumph Group Inc), Collateral Trust Agreement (Endo International PLC)

Rights and Immunities of Secured Debt Representatives. The Trustee will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors any Grantor or the Collateral Agent Trustee hereunder.

Appears in 1 contract

Samples: Collateral Trust Agreement (Satelites Mexicanos Sa De Cv)

Rights and Immunities of Secured Debt Representatives. The Trustee will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreementany Credit Facility, indenture or other agreement governing the applicable Secured Debt with respect to which such Person will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors Pledgors or the Collateral Agent Trustee hereunder.

Appears in 1 contract

Samples: Collateral Trust Agreement (Cheniere Energy Inc)

Rights and Immunities of Secured Debt Representatives. The Trustee will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person is acting or will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors Company or any Guarantor or the Collateral Agent Trustee hereunder.

Appears in 1 contract

Samples: Collateral Trust Agreement (Leap Wireless International Inc)

Rights and Immunities of Secured Debt Representatives. The Indenture Trustee will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors Obligors or the Collateral Agent hereunder.

Appears in 1 contract

Samples: Collateral Trust Agreement (Banro Corp)

Rights and Immunities of Secured Debt Representatives. The Trustee will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Issuer, the Grantors or the Collateral Agent Trustee hereunder.

Appears in 1 contract

Samples: Collateral Trust Agreement (Primus Telecommunications Group Inc)

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Rights and Immunities of Secured Debt Representatives. The Trustee Secured Debt Representatives will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture Indentures and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person is acting or will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors Company or any Guarantor or the Collateral Agent Trustee hereunder.

Appears in 1 contract

Samples: Collateral Trust Agreement (Unisys Corp)

Rights and Immunities of Secured Debt Representatives. The Trustee Secured Debt Representatives will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person is acting or will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors Stream or any Guarantor or the Collateral Agent Trustee hereunder.

Appears in 1 contract

Samples: Collateral Trust Agreement (Stream Global Services, Inc.)

Rights and Immunities of Secured Debt Representatives. The Trustee Administrative Agent will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture Credit Agreement and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreementCredit Agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors or the Collateral Agent Trustee hereunder.

Appears in 1 contract

Samples: Collateral Trust Agreement (Delta Air Lines Inc /De/)

Rights and Immunities of Secured Debt Representatives. The Trustee will be entitled to all of the rights, benefits, protections, immunities and indemnities set forth in the Indenture and any future Secured Debt Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Grantors Pledgors or the Collateral Agent Trustee hereunder.

Appears in 1 contract

Samples: Collateral Trust Agreement (Tenet Healthcare Corp)

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