Control of Collateral Account. Subject to the terms of this Intercreditor Agreement, all right, title and interest in and to the Collateral Account shall vest in the Collateral Agent, and the Collateral Account shall be subject to the exclusive dominion and control of the Collateral Agent.
Appears in 2 contracts
Sources: Term Credit Agreement (Pillowtex Corp), Credit Agreement (Pillowtex Corp)
Control of Collateral Account. Subject to the terms of this Intercreditor Collateral Agent Agreement, all right, title and interest in and to the Collateral Account shall vest in the Collateral Agent, Agent and the Collateral Account shall be subject to the exclusive dominion and control of the Collateral Agent.
Appears in 2 contracts
Sources: Credit Agreement (General Communication Inc), Credit Agreement (General Communication Inc)
Control of Collateral Account. Subject to the terms of this Intercreditor Agreement, all right, title and interest in and to the Collateral Account shall vest in the Collateral Agent, Agent and the Collateral Account shall be subject to the exclusive dominion and control of the Collateral Agent.
Appears in 1 contract
Sources: Security Agreement (Migratec Inc)
Control of Collateral Account. Subject to the terms of this Intercreditor Agreement, all right, title and interest in and to the Collateral Account shall vest in the Collateral Agent, Agent and the Collateral Account shall be subject to the exclusive dominion and control of the Collateral Agent.
Appears in 1 contract
Sources: Credit Agreement (Global Industrial Technologies Inc)