Common use of Agent under Collateral Documents and Guaranty Clause in Contracts

Agent under Collateral Documents and Guaranty. Each DIP Lender hereby further irrevocably authorizes DIP Agent, on behalf of and for the benefit of DIP Lenders, to be the agent for and representative of DIP Lenders with respect to the Guaranty, the Collateral and the Collateral Documents. Subject to Section 10.5, without further written consent or authorization from DIP Lenders, DIP Agent may execute any documents or instruments necessary to (i) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted hereby or to which Requisite DIP Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.5) have otherwise consented, or (ii) release any Guarantor from the Guaranty pursuant to Section 7.12 or with respect to which Requisite DIP Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.5) have otherwise consented.

Agent under Collateral Documents and Guaranty. Each DIP Lender hereby further irrevocably authorizes DIP Administrative Agent or Collateral Agent, as applicable, on behalf of and for the benefit of DIP Lenders, to be the agent for and representative of DIP Lenders with respect to the Guaranty, the Collateral and the Collateral Documents. Subject to Section 10.5, without further written consent or authorization from DIP Lenders, DIP each of Administrative Agent and Collateral Agent, as applicable may execute any documents or instruments necessary to (i) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted hereby or to which Requisite DIP Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.5) have otherwise consented or (ii) release any Guarantor from the Guaranty pursuant to Section 7.13 or with respect to which Requisite Lenders (or such other Lenders as may be required to give such consent under Section 10.5) have otherwise consented, or (ii) release any Guarantor from the Guaranty pursuant to Section 7.12 or with respect to which Requisite DIP Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.5) have otherwise consented.. 141

Agent under Collateral Documents and Guaranty. Each DIP Lender hereby further irrevocably authorizes DIP the Administrative Agent, on behalf of and for the benefit of DIP Lenders, to be the agent for and representative of DIP the Lenders with respect to the Guaranty, the Collateral and the Collateral Documents. Subject to Section 10.514.5, without further written consent or authorization from DIP any Lenders, DIP the Administrative Agent may shall, at the request and expense of Credit Parties, execute any documents or instruments necessary to to, (i) in connection with a sale or disposition of assets permitted by this Agreement, release any Lien encumbering any item of Collateral that is the subject of a such sale or other disposition of assets permitted hereby or to which Requisite DIP Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.514.5) have otherwise consented, consented or (ii) release any Guarantor from the Guaranty pursuant to Section 7.12 8.11 or with respect to which Requisite DIP Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.514.5) have otherwise consented.

Agent under Collateral Documents and Guaranty. Each DIP Lender hereby further irrevocably authorizes DIP Collateral Agent, on behalf of and for the benefit of DIP Lenders, to be the agent for and representative of DIP Lenders with respect to the Guaranty, the Collateral and the Collateral Documents. Subject to Section 10.511.5, without further written consent or authorization from DIP Lenders, DIP Collateral Agent may is authorized to, and at the request of the Company shall, execute any documents or instruments necessary or desirable to (i) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted hereby or to which Requisite DIP Required Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.511.5) have otherwise consented, pursuant to the previous sentence, or (ii) release any Guarantor from the Guaranty pursuant to Section 7.12 8.12 or with respect to which Requisite DIP Required Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.511.5) have otherwise consented.

Agent under Collateral Documents and Guaranty. Each DIP Lender hereby further irrevocably authorizes DIP Collateral Agent, on behalf of and for the benefit of DIP Lenders, to be the agent for and representative of DIP Lenders with respect to the Guaranty, the Collateral and the Collateral Documents. Subject to Section 10.5, without further written consent or authorization from DIP Lenders, DIP Collateral Agent may is authorized to, and at the request of Company shall, execute any documents or instruments necessary or desirable to (i) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted hereby or to which Requisite DIP Required Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.5) have otherwise consented, pursuant to the previous sentence, or (ii) release any Guarantor from the Guaranty pursuant to Section 7.12 or with respect to which Requisite DIP Required Lenders (or such other DIP Lenders as may be required to give such consent under Section 10.5) have otherwise consented.