Collateral Title accepts such appointment and agrees to perform the duties of the Collateral Agent under this Agreement.
Each of You represents and warrants to Us that: • Collateral Title.
Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.
Collateral Event means that no Relevant Entity has credit ratings at least equal to the Approved Ratings Threshold.
First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.
Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.
Supplemental Collateral Agent has the meaning assigned to that term in subsection 9.1B.