Common use of Secured Party as Agent Clause in Contracts

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 9 contracts

Samples: Credit Agreement (Trammell Crow Co), Security Agreement (Eldorado Resorts LLC), Guarantor Security Agreement (Eldorado Resorts LLC)

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Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, including the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Varco International Inc), Credit Agreement (Blackbaud Inc), Credit Agreement (Varco International Inc)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, including without limitation, limitation the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 3 contracts

Samples: Security Agreement (Outsourcing Solutions Inc), Credit Agreement (DMW Worldwide Inc), Security Agreement (Covanta Energy Corp)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, including the release or substitution of Pledged Collateral), solely in accordance with this Agreement and the Credit Agreement; provided that Secured Party shall exercise, or refrain from exercising, any remedies provided for in Section 11 in accordance with the instructions of Requisite Lenders.

Appears in 3 contracts

Samples: Company Pledge Agreement (Express Scripts Inc), Subsidiary Pledge Agreement (Express Scripts Inc), Subsidiary Pledge Agreement (Express Scripts Inc)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersBanks. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, including without limitation, limitation the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement; provided that Secured -------- Party shall exercise, or refrain from exercising, any remedies provided for in Section 14 hereof in accordance with the instructions of Majority Banks.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Levi Strauss & Co), Pledge and Security Agreement (Levi Strauss & Co)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersBanks. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 2 contracts

Samples: Borrower Partnership Security Agreement (American Homepatient Inc), Subsidiary Partnership Security Agreement (American Homepatient Inc)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersLenders and Issuing Bank. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 2 contracts

Samples: Borrower Security Agreement (American Homepatient Inc), Subsidiary Security Agreement (American Homepatient Inc)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 2 contracts

Samples: Assignment and Subsidiary Security Agreement (American Homepatient Inc), Assignment And (American Homepatient Inc)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersLexxxxx. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Trammell Crow Co)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, including without limitation, limitation the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement; provided that Secured Party shall exercise, or refrain from exercising, any remedies provided for in Section 16 in accordance with the instructions of Requisite Lenders.

Appears in 1 contract

Samples: Security Agreement (Horseshoe Gaming Holding Corp)

Secured Party as Agent. (a) The Secured Party has been appointed to act as the Secured Party hereunder by the Lenders. The Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, including the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement; PROVIDED that the Secured Party shall exercise, or refrain from exercising, any remedies provided for in Sections 11 and 12 hereof in accordance with the instructions of Required Lenders.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Levi Strauss & Co)

Secured Party as Agent. (a) The Secured Party has been appointed to act as Secured Party the Agent hereunder by the Lenders. The Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Pledged Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Microfinancial Inc)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement; provided that Secured Party shall exercise, or refrain from exercising, any remedies provided for in Section 16 hereof in accordance with the instructions of Requisite Lenders.

Appears in 1 contract

Samples: Security Agreement (Ironton Iron Inc)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement; provided that Secured Party shall exercise, or refrain from exercising, any remedies provided for in Sections 14 and 15 hereof in accordance with the instructions of the Lenders.

Appears in 1 contract

Samples: Security Agreement (Talbots Inc)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersAgents and Lenders and, by their acceptance of the benefits hereof, Interest Rate Exchangers. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Arterial Vascular Engineering Inc)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral)action, solely in accordance with this Agreement Guarantee and the Credit Agreement.

Appears in 1 contract

Samples: Limited Guarantee Agreement (Flag Telecom Holdings LTD)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersLender. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (American Oil & Gas Inc)

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Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersLenders and, by their acceptance of the benefits hereof, Noteholders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, including without limitation, limitation the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement; provided that Secured Party shall exercise, or refrain from exercising, any remedies provided for in Section 13 in accordance with the instructions of Requisite Lenders.

Appears in 1 contract

Samples: Security Agreement (Wolverine Tube Inc)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, including without limitation, limitation the release or substitution of Pledged Collateral), solely in accordance with this Agreement and the Credit Agreement; provided that Secured Party shall exercise, or refrain from exercising, any remedies provided for in Section 11 in accordance with the instructions of Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Express Parent LLC)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersBanks. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, including without limitation, limitation the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement; provided that Secured Party shall -------- exercise, or refrain from exercising, any remedies provided for in Section 15 hereof in accordance with the instructions of Majority Banks.

Appears in 1 contract

Samples: Pledge and Security Agreement (Levi Strauss & Co)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersLenders and, by their acceptance of the benefits hereof, Interest Rate Exchangers. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, including the release or substitution of Pledged Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Bell Industries Inc)

Secured Party as Agent. (aA) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Prologis Trust)

Secured Party as Agent. (ac) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Partnership Interest Security Agreement (Players International Inc /Nv/)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersLenders and, by their acceptance of the benefits hereof, Interest Rate Exchangers. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, including the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Bell Industries Inc)

Secured Party as Agent. (a) a. Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Collateral Account Agreement (FWT Inc)

Secured Party as Agent. (a) A. Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Prime Hospitality Corp)

Secured Party as Agent. (a) Secured Party has been appointed to act as Secured Party hereunder by LendersXxxxxxx. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Trammell Crow Co)

Secured Party as Agent. (a1) Secured Party has been appointed to act as Secured Party hereunder by Lenders. Secured Party shall be obligated, and shall have the right hereunder, to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking any action (including, without limitation, the release or substitution of Collateral), solely in accordance with this Agreement and the Credit Agreement.

Appears in 1 contract

Samples: Collateral Account Agreement (Eldorado Resorts LLC)

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