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Common use of Actions by Collateral Agent Clause in Contracts

Actions by Collateral Agent. Collateral Agent shall only be obligated to act hereunder upon the written direction of the Required Holders.

Appears in 5 contracts

Sources: Depositary Agreement (Bloom Energy Corp), Depositary Agreement (Bloom Energy Corp), Depositary Agreement (Bloom Energy Corp)

Related Clauses

  • Reliance by Collateral Agent
  • The Collateral Agent
  • The Collateral Agent’s Duties
  • Rights of the Collateral Agent
  • Duties of Collateral Agent

Parent Clauses

  • Immunities of the Collateral Agent
  • Miscellaneous
  • The Collateral Agent
  • Establishment and Administration of Accounts
  • Rights and Protections of the Collateral Agent

Sub-Clauses

  • Release of Collateral
  • Emergency Actions
  • Application of Proceeds
  • Requesting Instructions
  • Exercise of Remedies
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