Common use of Treatment of Creditor Parties Clause in Contracts

Treatment of Creditor Parties. (a) The Collateral Agent may treat the holders of Senior Debt Obligations as the absolute owners thereof for all purposes under this Agreement and the other Financing Documents unless it shall receive notice to the contrary from any Creditor Party or the Administrative Agent.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Allegheny Energy, Inc), Security Agreement (Allegheny Energy, Inc), Security Agreement (Allegheny Energy, Inc)

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Treatment of Creditor Parties. (a) The Each of the Collateral Agent and the Intercreditor Agent may treat the holders of Senior Debt Obligations as the absolute owners thereof for all purposes under this Agreement and the other Financing Documents unless it such Agent shall receive notice to the contrary from any Creditor Party or the Administrative any Representative Agent.

Appears in 2 contracts

Samples: Security and Intercreditor Agreement (Allegheny Energy Supply Co LLC), Security and Intercreditor Agreement (Allegheny Energy Supply Co LLC)

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