Common use of Administration of Collateral Clause in Contracts

Administration of Collateral. (i) Each Secured Party (acting through the Senior Indenture Trustee or its applicable Additional Authorized Representative, as applicable) hereby appoints the Collateral Agent to serve as Collateral Agent and agent hereunder on the terms and conditions set forth herein. Subject to, and in accordance with, this Agreement, the Collateral Agent will serve as Collateral Agent hereunder, for the benefit solely and exclusively of the present and future Secured Parties, and will, subject to Section 6 hereof, and subject to the Intercreditor Agreement:

Appears in 4 contracts

Samples: Collateral Agency Agreement (Century Aluminum Co), Collateral Agency Agreement (Century Aluminum Co), Collateral Agency Agreement (Century Aluminum Co)

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Administration of Collateral. (i) Each Secured Party (acting through the Senior Indenture Trustee or its applicable Additional Authorized Representative, as applicable) hereby appoints the Collateral Agent Trustee to serve as Collateral Agent Trustee and agent hereunder on the terms and conditions set forth herein. Subject to, and in accordance with, this Agreement, the Collateral Agent Trustee will serve as Collateral Agent Trustee hereunder, for the benefit solely and exclusively of the present and future Secured Parties, and willand, subject to Section 6 hereof, and subject to the Intercreditor AgreementAgreement and the Indenture, as applicable:

Appears in 1 contract

Samples: Collateral Trust Agreement (CVR Partners, Lp)

Administration of Collateral. (i) Each Secured Party (acting through the Senior Indenture Trustee or its applicable Additional Authorized Representative, as applicable) hereby appoints the Collateral Agent to serve as Collateral Agent and agent hereunder on the terms and conditions set forth herein. Subject to, and in accordance with, this Agreement, the Collateral Agent will serve as Collateral Agent hereunder, for the benefit solely and exclusively of the present and future Secured Parties, and will, subject to Section 6 hereof, and subject to the ABL Intercreditor Agreement:

Appears in 1 contract

Samples: Collateral Agency Agreement (Molycorp, Inc.)

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Administration of Collateral. (i) Each Secured Party (acting through the Senior Indenture Credit Agreement Administrative Agent, the Trustee or its applicable Additional Authorized Representative, as applicable) hereby appoints the Collateral Agent Trustee to serve as Collateral Agent Trustee and agent hereunder on the terms and conditions set forth herein. Subject to, and in accordance with, this Agreement, the Collateral Agent Trustee will serve as Collateral Agent Trustee hereunder, for the benefit solely and exclusively of the present and future Secured Parties, and willand, subject to Section 6 hereofthe Credit Agreement, the Note Indenture and subject to the Intercreditor Agreementeach Additional Parity Lien Facility, as applicable:

Appears in 1 contract

Samples: Collateral Trust Agreement (Lindblad Expeditions Holdings, Inc.)

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