Common use of Second Lien Collateral Agent Clause in Contracts

Second Lien Collateral Agent. (a) The Issuer and each of the Holders by acceptance of the Notes hereby designates and appoints the Second Lien Collateral Agent as its agent under this Indenture, the Security Documents and the Intercreditor Agreement and the Issuer and each of the Holders by acceptance of the Notes hereby irrevocably authorizes the Second Lien Collateral Agent to take such action on its behalf under the provisions of this Indenture, the Security Documents and the Intercreditor Agreement and to exercise such powers and perform such duties as are expressly delegated to the Second Lien Collateral Agent by the terms of this Indenture, the Security Documents and the Intercreditor Agreement, and consents and agrees to the terms of the 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 Second Lien Collateral Agent agrees to act as such on the express conditions contained in this Section 12.

Second Lien Collateral Agent. (a) The Issuer Company and each of the Holders by acceptance of the Notes hereby designates and appoints the Second Lien Collateral Agent as its agent under this Indenture, the Security Documents and the Intercreditor Agreement and the Issuer Company and each of the Holders by acceptance of the Notes hereby irrevocably authorizes the Second Lien Collateral Agent to take such action on its behalf under the provisions of this Indenture, the Security Documents and the Intercreditor Agreement and to exercise such powers and perform such duties as are expressly delegated to the Second Lien Collateral Agent by the terms of this Indenture, the Security Documents and the Intercreditor Agreement, and consents and agrees to the terms of the 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 Second Lien Collateral Agent agrees to act as such on the express conditions contained in this Section 12.

Second Lien Collateral Agent. (a) The Issuer Company and each of the Holders by acceptance of the Notes hereby designates and appoints the Second Lien Collateral Agent as its agent under this Indenture, the Security Documents and the Intercreditor Agreement and the Issuer Company and each of the Holders by acceptance of the Notes hereby irrevocably authorizes the Second Lien Collateral Agent to take such action on its behalf under the provisions of this Indenture, the Security Documents and the Intercreditor Agreement and to exercise such powers and perform such duties as are expressly delegated to the Second Lien Collateral Agent by the terms of this Indenture, the Security Documents and the Intercreditor Agreement, and consents and agrees to the terms of the 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 Second Lien Collateral Agent agrees to act as such on the express conditions contained in this Section 12.time