Common use of Secured Cash Management Agreements and Secured Hedging Agreements Clause in Contracts

Secured Cash Management Agreements and Secured Hedging Agreements. No Cash Management Bank or Hedge Bank who obtains the benefit of the provisions of Section 9.03, Article V, the Facility Guaranty or any Collateral by virtue of the provisions hereof or of the Facility Guaranty or any Security Instrument shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article X to the contrary, the Agent shall be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements only if the Agent has received written notice of such Obligations, together with such supporting documentation as the Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

Appears in 3 contracts

Samples: Credit Agreement (Cogdell Spencer Inc.), Credit Agreement (Cogdell Spencer Inc.), Credit Agreement (Cogdell Spencer Inc.)

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Secured Cash Management Agreements and Secured Hedging Agreements. No Cash Management Bank or Hedge Bank who that obtains the benefit of the provisions of Section 9.032.15, Article V, the Facility any Guaranty or any Collateral by virtue of the provisions hereof or of the Facility any Guaranty or any Security Instrument Collateral Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article X IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements only if unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Camping World Holdings, Inc.), Credit Agreement (Camping World Holdings, Inc.)

Secured Cash Management Agreements and Secured Hedging Agreements. No Cash Management Bank or Hedge Bank who obtains the benefit of the provisions of Section 9.03, Article V8.03, the Facility Guaranty or any Collateral by virtue of the provisions hereof or of the Facility Guaranty or any Security Instrument shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article X IX to the contrary, the Administrative Agent and Collateral Agent shall only be required to verify the payment of, or that other satisfactory arrangements arrangement have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements only if to the Agent extent such Person has received written notice of such Obligations, together with such supporting documentation as the Agent such Person may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Tetra Tech Inc)

Secured Cash Management Agreements and Secured Hedging Agreements. No Cash Management Bank or Hedge Bank who obtains the benefit of the provisions of Section 9.038.03, Article V, the Facility any Guaranty or any Collateral by virtue of the provisions hereof or of the Facility any Guaranty or any Security Instrument shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article X IX to the contrary, the Administrative Agent shall only be required to verify the payment of, or that other satisfactory arrangements arrangement have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements only if to the Agent extent such Person has received written notice of such Obligations, together with such supporting documentation as the Agent such Person may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Tetra Tech Inc)

Secured Cash Management Agreements and Secured Hedging Agreements. No Cash Management Bank Except as otherwise expressly set forth herein or Hedge Bank who in any Collateral Document, no Lender Counterparty that obtains the benefit benefits of the provisions of Section 9.03, Article V, the Facility Guaranty VIII or any Collateral by virtue of the provisions hereof or of the Facility Guaranty or any Security Instrument Collateral Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article X IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Hedging Agreements only if unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may beLender Counterparty.

Appears in 1 contract

Samples: Credit Agreement (Corelogic, Inc.)

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Secured Cash Management Agreements and Secured Hedging Agreements. No Cash Management Bank or Hedge Bank who that obtains the benefit of the provisions of Section 9.032.17, Article V, the Facility any Guaranty or any Collateral by virtue of the provisions hereof or of the Facility any Guaranty or any Security Instrument Collateral Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article X IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements only if unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Camping World Holdings, Inc.)

Secured Cash Management Agreements and Secured Hedging Agreements. No Cash Management Bank or Hedge Hedging Bank who that obtains the benefit of the provisions benefits of Section 9.037.02, Article V, the Facility any Guaranty or any Collateral by virtue of the provisions hereof or of the Facility any Guaranty or any Security Instrument Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article X VIII to the contrary, the Collateral Trustee and the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Cash Management Obligations or Obligations arising under Secured Cash Management Hedging Agreements unless the Collateral Trustee and Secured Hedge Agreements only if the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Collateral Trustee and the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Hedging Bank, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Spectrum Brands, Inc.)

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