Common use of Administration of the Collateral Clause in Contracts

Administration of the Collateral. The Agent as Collateral Agent shall administer the Collateral and any Lien thereon for the benefit of the Lenders in the manner provided herein and in the Security Agreements and in any other related Loan Documents; provided, however, that in the event of conflict between the provisions relating to administration of Collateral included in this Agreement and those included in the Security Agreements, the latter shall prevail. The Agent shall exercise such rights and remedies with respect to the Collateral as are granted to it hereunder and as Collateral Agent under the Security Agreements and related documents and Applicable Law and as shall be directed by the Required Lenders. Upon payment in full in immediately available funds of all Obligations under the Loan Documents, the Agent and its Affiliates shall promptly release any and all Liens, Collateral and other security arrangements entered into in connection with this Agreement, the Loan Documents and the transactions contemplated hereby and thereby.

Administration of the Collateral. The Agent as Collateral Agent shall administer the Collateral and any Lien thereon for the benefit of the Lenders Holders in the manner provided herein and in the Security Agreements Agreement and in any other related Loan Transaction Documents; provided, however, that in the event of conflict between the provisions relating to administration of Collateral included in this Agreement and those included in the Security AgreementsAgreement, the latter shall prevail. The Agent shall exercise such rights and remedies with respect to the Collateral as are granted to it hereunder and as Collateral Agent under the Security Agreements Agreement and related documents and Applicable Law applicable law and as shall be directed by the Required LendersHolders. Upon payment in full in immediately available funds of all Obligations under the Loan Transaction Documents, the Agent and its Affiliates shall promptly release any and all Liens, Collateral and other security arrangements entered into in connection with this Agreement, the Loan Transaction Documents and the transactions contemplated hereby and thereby.

Administration of the Collateral. The Agent as Collateral Agent shall administer the Collateral and any Lien thereon for the benefit of the Lenders Note Purchasers in the manner provided herein and in the Security Agreements Agreement and in any other related Loan Note Purchase Documents; provided, however, that in the event of conflict between the provisions relating to administration of Collateral included in this Agreement and those included in the Security AgreementsAgreement, the latter shall prevail. The Collateral Agent shall exercise such rights and remedies with respect to the Collateral as are granted to it hereunder and as Collateral Agent under the Security Agreements Agreement and related documents and Applicable Law applicable law and as shall be directed by the Required LendersHolders. Upon payment in full in immediately available funds of all Obligations under the Loan Note Purchase Documents, the Collateral Agent and its Affiliates shall promptly release any and all Liens, Collateral and other security arrangements entered into in connection with this Agreement, the Loan Note Purchase Documents and the transactions contemplated hereby and thereby.

Administration of the Collateral. The Agent as Collateral Agent shall administer the Collateral and any Lien thereon for the benefit of the Lenders in the manner provided herein and in the Security Agreements Agreement and in any other related Loan Documents; provided, however, that in the event of conflict between the provisions relating to administration of Collateral included in this Agreement and those included in the Security AgreementsAgreement, the latter shall prevail. The Agent shall exercise such rights and remedies with respect to the Collateral as are granted to it hereunder and as Collateral Agent under the Security Agreements Agreement and related documents and Applicable Law applicable law and as shall be directed by the Required Lenders. Upon payment in full in immediately available funds of all Obligations under the Loan Documents, the Agent and its Affiliates shall promptly release any and all Liens, Collateral and other security arrangements entered into in connection with this Agreement, the Loan Documents and the transactions contemplated hereby and thereby.

Administration of the Collateral. The Agent as Collateral Agent shall administer the Collateral and any Lien thereon for the benefit of the Lenders in the manner provided herein and in the Security Agreements and in any other related Loan Operative Documents; provided, however, that in the event of conflict between the provisions relating to administration of Collateral included in this Agreement and those included in the Security Agreements, the latter shall prevail. The Agent shall exercise such rights and remedies with respect to the Collateral as are granted to it hereunder and as Collateral Agent under the Security Agreements and related documents and Applicable Law applicable law and as shall be directed by the Required Lenders. Upon payment in full in immediately available funds of all Obligations under the Loan Operative Documents, the Agent and its Affiliates shall promptly release any and all Liens, Collateral and other security arrangements entered into in connection with this Agreement, the Loan Operative Documents and the transactions contemplated hereby and thereby.

Administration of the Collateral. The Agent as Collateral Agent shall administer the Collateral and any Lien thereon for the benefit of the Lenders in the manner provided herein and in the Security Agreements and in any other related Loan Documents; provided, however, that in the event of conflict between the provisions relating to administration of Collateral included in this Agreement and those included in the Security Agreements, the latter shall prevail. The Agent shall exercise such rights and remedies with respect to the Collateral as are granted to it hereunder and as Collateral Agent under the Security Agreements and related documents and Applicable Law and as shall be directed by the Required Lenders. Upon payment in full in immediately available funds of all Obligations under the Loan Documents, the Agent and its Affiliates shall promptly release any and all Liens, Collateral and Second Amended & Restated Credit Agreement other security arrangements entered into in connection with this Agreement, the Loan Documents and the transactions contemplated hereby and thereby.

Administration of the Collateral. The Agent as Collateral Agent shall administer the Collateral and any Lien thereon for the benefit of the Lenders Purchasers in the manner provided herein and in the Security Agreements Agreement and in any other related Loan Purchase Documents; provided, however, that in the event of conflict between the provisions relating to administration of Collateral included in this Agreement and those included in the Security AgreementsAgreement, the latter shall prevail. The Collateral Agent shall exercise such rights and remedies with respect to the Collateral as are granted to it hereunder and as Collateral Agent under the Security Agreements Agreement and related documents and Applicable Law applicable law and as shall be directed by the Required LendersHolders. Upon payment in full in immediately available funds of all Obligations under the Loan Purchase Documents, the Collateral Agent and its Affiliates shall promptly release any and all Liens, Collateral and other security arrangements entered into in connection with this Agreement, the Loan Purchase Documents and the transactions contemplated hereby and thereby.