Common use of Obligations and Powers of Collateral Trustee Clause in Contracts

Obligations and Powers of Collateral Trustee. APPOINTMENT AND UNDERTAKING OF THE COLLATERAL TRUSTEE 14 SECTION 3.2 RELEASE OR SUBORDINATION OF LIENS 16 SECTION 3.3 ENFORCEMENT OF LIENS 16 SECTION 3.4 APPLICATION OF PROCEEDS 16 SECTION 3.5 POWERS OF THE COLLATERAL TRUSTEE 19 SECTION 3.6 DOCUMENTS AND COMMUNICATIONS 19 SECTION 3.7 FOR SOLE AND EXCLUSIVE BENEFIT OF HOLDERS OF PRIORITY LIEN OBLIGATIONS 19 SECTION 3.8 ADDITIONAL PARITY LIEN DEBT 19 SECTION 3.9 SECOND LIEN COLLATERAL AGENT 22 ARTICLE 4 OBLIGATIONS ENFORCEABLE BY THE COMPANY AND THE OTHER GRANTORS SECTION 4.1 RELEASE OF LIENS ON COLLATERAL 22 SECTION 4.2 DELIVERY OF COPIES TO PRIORITY LIEN REPRESENTATIVES 24 SECTION 4.3 COLLATERAL TRUSTEE NOT REQUIRED TO SERVE, FILE OR RECORD 24 SECTION 4.4 RELEASE OF LIENS IN RESPECT OF NOTES 24 SECTION 4.5 RELEASE OF LIENS IN RESPECT OF ANY SERIES OF PARITY LIEN DEBT OTHER THAN NOTES 25 ARTICLE 5 IMMUNITIES OF THE COLLATERAL TRUSTEE SECTION 5.1 NO IMPLIED DUTY 25 SECTION 5.2 APPOINTMENT OF AGENTS AND ADVISORS 25 SECTION 5.3 OTHER AGREEMENTS 25 SECTION 5.4 SOLICITATION OF INSTRUCTIONS 26 SECTION 5.5 LIMITATION OF LIABILITY 26 SECTION 5.6 DOCUMENTS IN SATISFACTORY FORM 26 SECTION 5.7 ENTITLED TO RELY 27 SECTION 5.8 PARITY LIEN DEBT DEFAULT 27 SECTION 5.9 ACTIONS BY COLLATERAL TRUSTEE 27 SECTION 5.10 SECURITY OR INDEMNITY IN FAVOR OF THE COLLATERAL TRUSTEE 27 SECTION 5.11 RIGHTS OF THE COLLATERAL TRUSTEE 28 SECTION 5.12 LIMITATIONS ON DUTY OF COLLATERAL TRUSTEE IN RESPECT OF COLLATERAL 28 SECTION 5.13 ASSUMPTION OF RIGHTS, NOT ASSUMPTION OF DUTIES 29 SECTION 5.14 NO LIABILITY FOR CLEAN UP OF HAZARDOUS MATERIALS 29 SECTION 5.15 OTHER RELATIONSHIPS WITH THE COMPANY, GRANTORS OR GUARANTORS 29 ARTICLE 6 RESIGNATION AND REMOVAL OF THE COLLATERAL TRUSTEE SECTION 6.1 RESIGNATION OR REMOVAL OF COLLATERAL TRUSTEE 30 SECTION 6.2 APPOINTMENT OF SUCCESSOR COLLATERAL TRUSTEE 30 SECTION 6.3 SUCCESSION 31 SECTION 6.4 MERGER, CONVERSION OR CONSOLIDATION OF COLLATERAL TRUSTEE 31 SECTION 6.5 CONCERNING THE COLLATERAL TRUSTEE AND THE PARITY LIEN REPRESENTATIVES 31 ARTICLE 7 MISCELLANEOUS PROVISIONS SECTION 7.1 AMENDMENT 32 SECTION 7.2 VOTING 34 SECTION 7.3 FURTHER ASSURANCES 35 SECTION 7.4 SUCCESSORS AND ASSIGNS 35 SECTION 7.5 DELAY AND WAIVER 36 SECTION 7.6 NOTICES 36 SECTION 7.7 ENTIRE AGREEMENT 37 SECTION 7.8 COMPENSATION; EXPENSES 37 SECTION 7.9 INDEMNITY 38 SECTION 7.10 SEVERABILITY 38 SECTION 7.11 HEADINGS 39 SECTION 7.12 OBLIGATIONS SECURED 39 SECTION 7.13 GOVERNING LAW 39 SECTION 7.14 CONSENT TO JURISDICTION 39 SECTION 7.15 WAIVER OF JURY TRIAL 39 SECTION 7.16 COUNTERPARTS, ELECTRONIC SIGNATURES 40 SECTION 7.17 EFFECTIVENESS 40 SECTION 7.18 GRANTORS AND ADDITIONAL GRANTORS 40 SECTION 7.19 CONTINUING NATURE OF THIS AGREEMENT 40 SECTION 7.20 INSOLVENCY 40 SECTION 7.21 RIGHTS AND IMMUNITIES OF PARITY LIEN REPRESENTATIVES 41 SECTION 7.22 INTERCREDITOR AGREEMENT 41 SECTION 7.23 FORCE MAJEURE 41 SECTION 7.24 U.S.A. PATRIOT ACT 41 SECTION 7.25 REPRESENTATIONS AND WARRANTIES 42 Exhibit A [Form of] Additional Secured Debt Designation Exhibit B [Form of] Collateral Trust Joinder – Additional Debt Exhibit C [Form of] Collateral Trust Joinder – Additional Grantor This Collateral Trust Agreement (as amended, supplemented, amended and restated or otherwise modified form time to time in accordance with Section 7.1 hereof, this “Agreement”) is dated as of November [ 🌑 ], 2017 and is by and among CONSOL Mining Corporation, (the “Company”), the Grantors and Guarantors from time to time party hereto, UMB Bank, N.A., as Trustee (as defined below), UMB Bank, N.A., as Collateral Trustee (in such capacity and together with its successors in such capacity, the “Collateral Trustee”) and any Parity Lien Representative of a Series of Parity Lien Debt that executes and delivers a Collateral Trust Joinder.

Obligations and Powers of Collateral Trustee. APPOINTMENT AND UNDERTAKING OF THE COLLATERAL TRUSTEE 14 SECTION 3.2 RELEASE OR SUBORDINATION OF LIENS 16 SECTION 3.3 ENFORCEMENT OF LIENS 16 SECTION 3.4 APPLICATION OF PROCEEDS 16 SECTION 3.5 POWERS OF THE COLLATERAL TRUSTEE 19 SECTION 3.6 DOCUMENTS AND COMMUNICATIONS 19 SECTION 3.7 FOR SOLE AND EXCLUSIVE BENEFIT OF HOLDERS OF PRIORITY LIEN OBLIGATIONS 19 SECTION 3.8 ADDITIONAL PARITY LIEN DEBT 19 SECTION 3.9 SECOND LIEN COLLATERAL AGENT 22 ARTICLE 4 Section 3.1. Undertaking of the Collateral Trustee 22 Section 3.2. Release or Subordination of Liens 23 Section 3.3. Enforcement of Liens 24 Section 3.4. Application of Proceeds 25 Section 3.5. Powers of the Collateral Trustee 26 Section 3.6. Documents and Communications 26 Section 3.7. For Sole and Exclusive Benefit of Holders of Priority Lien Obligations 26 Section 3.8. Additional Priority Lien Debt 27 Section 3.9. Additional Junior Lien Debt 28 Article 4. OBLIGATIONS ENFORCEABLE BY THE COMPANY AND THE OTHER GRANTORS SECTION 4.1 RELEASE OF LIENS ON COLLATERAL 22 SECTION 4.2 DELIVERY OF COPIES TO PRIORITY LIEN REPRESENTATIVES 24 SECTION 4.3 COLLATERAL TRUSTEE NOT REQUIRED TO SERVEGUARANTORS 28 Section 4.1. Release of Liens on Collateral 28 Section 4.2. Delivery of Copies to Priority Lien Representatives 30 Section 4.3. Collateral Trustee not Required to Serve, FILE OR RECORD 24 SECTION 4.4 RELEASE OF LIENS IN RESPECT OF NOTES 24 SECTION 4.5 RELEASE OF LIENS IN RESPECT OF ANY SERIES OF PARITY LIEN DEBT OTHER THAN NOTES 25 ARTICLE 5 File, Register or Record 30 Section 4.4. Release of Liens in Respect of First Lien Notes 30 Article 5. IMMUNITIES OF THE COLLATERAL TRUSTEE SECTION 5.1 NO IMPLIED DUTY 25 SECTION 5.2 APPOINTMENT OF AGENTS 30 Section 5.1. No Implied Duty 30 Section 5.2. Appointment of Agents and Advisors 31 Section 5.3. Other Agreements 31 Section 5.4. Solicitation of Instructions 31 Section 5.5. Limitation of Liability 31 Section 5.6. Documents in Satisfactory Form 31 Section 5.7. Entitled to Rely 31 Section 5.8. Priority Lien Debt Default 32 Section 5.9. Actions by Collateral Trustee 32 Section 5.10. Security or Indemnity in Favor of the Collateral Trustee 32 Section 5.11. Rights of the Collateral Trustee 32 Section 5.12. Limitations on Duty of Collateral Trustee in Respect of Collateral 33 Section 5.13. Assumption of Rights, Not Assumption of Duties 33 Section 5.14. No Liability for Clean Up of Hazardous Materials 34 Section 5.15. No Obligation to Act 34 Article 6. RESIGNATION, REMOVAL AND ADVISORS 25 SECTION 5.3 OTHER AGREEMENTS 25 SECTION 5.4 SOLICITATION OF INSTRUCTIONS 26 SECTION 5.5 LIMITATION OF LIABILITY 26 SECTION 5.6 DOCUMENTS IN SATISFACTORY FORM 26 SECTION 5.7 ENTITLED TO RELY 27 SECTION 5.8 PARITY LIEN DEBT DEFAULT 27 SECTION 5.9 ACTIONS BY COLLATERAL TRUSTEE 27 SECTION 5.10 SECURITY OR INDEMNITY IN FAVOR REPLACEMENT OF THE COLLATERAL TRUSTEE 27 SECTION 5.11 RIGHTS OF THE COLLATERAL TRUSTEE 28 SECTION 5.12 LIMITATIONS ON DUTY OF COLLATERAL TRUSTEE IN RESPECT OF COLLATERAL 28 SECTION 5.13 ASSUMPTION OF RIGHTSSection 6.1. Resignation or Removal of Collateral Trustee 34 Section 6.2. Appointment of Successor Collateral Trustee 34 Section 6.3. Succession 35 Section 6.4. Merger, NOT ASSUMPTION OF DUTIES 29 SECTION 5.14 NO LIABILITY FOR CLEAN UP OF HAZARDOUS MATERIALS 29 SECTION 5.15 OTHER RELATIONSHIPS WITH THE COMPANY, GRANTORS OR GUARANTORS 29 ARTICLE 6 RESIGNATION AND REMOVAL OF THE COLLATERAL TRUSTEE SECTION 6.1 RESIGNATION OR REMOVAL OF COLLATERAL TRUSTEE 30 SECTION 6.2 APPOINTMENT OF SUCCESSOR COLLATERAL TRUSTEE 30 SECTION 6.3 SUCCESSION 31 SECTION 6.4 MERGER, CONVERSION OR CONSOLIDATION OF COLLATERAL TRUSTEE 31 SECTION 6.5 CONCERNING THE COLLATERAL TRUSTEE AND THE PARITY LIEN REPRESENTATIVES 31 ARTICLE 7 Conversion or Consolidation of Collateral Trustee 35 Article 7. MISCELLANEOUS PROVISIONS SECTION 7.1 AMENDMENT 32 SECTION 7.2 VOTING 34 SECTION 7.3 FURTHER ASSURANCES 35 SECTION 7.4 SUCCESSORS AND ASSIGNS 35 SECTION 7.5 DELAY AND WAIVER 36 SECTION 7.6 NOTICES Section 7.1. Amendment 36 SECTION 7.7 ENTIRE AGREEMENT 37 SECTION 7.8 COMPENSATIONSection 7.2. Voting 39 Section 7.3. Further Assurances; EXPENSES 37 SECTION 7.9 INDEMNITY 38 SECTION 7.10 SEVERABILITY 38 SECTION 7.11 HEADINGS Insurance; Real Estate. 39 SECTION 7.12 OBLIGATIONS SECURED 39 SECTION 7.13 GOVERNING LAW 39 SECTION 7.14 CONSENT TO JURISDICTION 39 SECTION 7.15 WAIVER OF JURY TRIAL 39 SECTION 7.16 COUNTERPARTS, ELECTRONIC SIGNATURES 40 SECTION 7.17 EFFECTIVENESS 40 SECTION 7.18 GRANTORS AND ADDITIONAL GRANTORS 40 SECTION 7.19 CONTINUING NATURE OF THIS AGREEMENT 40 SECTION 7.20 INSOLVENCY 40 SECTION 7.21 RIGHTS AND IMMUNITIES OF PARITY LIEN REPRESENTATIVES 41 SECTION 7.22 INTERCREDITOR AGREEMENT 41 SECTION 7.23 FORCE MAJEURE 41 SECTION 7.24 U.S.A. PATRIOT ACT 41 SECTION 7.25 REPRESENTATIONS AND WARRANTIES Section 7.4. RESERVED 42 Exhibit Section 7.5. Successors and Assigns 42 Section 7.6. Delay and Waiver 42 Section 7.7. Notices 43 Section 7.8. Notice Following Discharge of Priority Lien Obligations 43 Section 7.9. Entire Agreement 44 Section 7.10. Compensation; Expenses 44 Section 7.11. Indemnity 45 Section 7.12. Severability 45 Section 7.13. Headings 45 Section 7.14. Obligations Secured 45 Section 7.15. Governing Law 45 Section 7.16. Consent to Jurisdiction 46 Section 7.17. Waiver of Jury Trial 46 Section 7.18. Counterparts 46 Section 7.19. Effectiveness 47 Section 7.20. Additional Guarantors 47 Section 7.21. Continuing Nature of this Agreement 47 Section 7.22. Insolvency 47 Section 7.23. Rights and Immunities of Priority Lien Representatives 47 Section 7.24. Patriot Act 47 Section 7.25. Force Majeure 48 EXHIBIT A [Form of] - Additional Secured Priority Lien Debt Designation Exhibit EXHIBIT B [- Form of] of Collateral Trust Joinder – Joinder-Additional Priority Lien Debt Exhibit EXHIBIT C [- Form of] of Collateral Trust Joinder – Joinder-Additional Grantor Guarantors SCHEDULE 1 - Mortgaged Properties This Collateral Trust Agreement (as amended, supplemented, amended and restated or otherwise modified form time to time in accordance with Section 7.1 hereof, this “Agreement”) is dated as of November [ 🌑 April 17], 2017 and is by and among CONSOL Mining CorporatioUnis▇▇ ▇▇▇▇▇▇▇▇▇▇▇n,▇ Delaware corporation (the “Company”), the Grantors and Guarantors from time to time party hereto, UMBWell▇ ▇▇▇go Bank, N.ANational Association., asFirst Lien Trustee (as defined below), UMBthe other Priority Lien Representatives from time to time party hereto, and Well▇ ▇▇▇go Bank, N.ANational Association., as Collateral Trustee (in such capacity and together with its successors in such capacity, the “Collateral Trustee”) and any Parity Lien Representative of a Series of Parity Lien Debt that executes and delivers a Collateral Trust Joinde)r.

Obligations and Powers of Collateral Trustee. APPOINTMENT AND UNDERTAKING OF THE COLLATERAL TRUSTEE 14 SECTION 3.2 RELEASE OR SUBORDINATION OF LIENS 16 SECTION 3.3 ENFORCEMENT OF LIENS 16 SECTION 3.4 APPLICATION OF PROCEEDS 16 SECTION 3.5 POWERS OF THE COLLATERAL TRUSTEE 19 SECTION 3.6 DOCUMENTS AND COMMUNICATIONS 19 SECTION 3.7 FOR SOLE AND EXCLUSIVE BENEFIT OF HOLDERS OF PRIORITY LIEN OBLIGATIONS 19 SECTION 3.8 ADDITIONAL PARITY LIEN DEBT 19 SECTION 3.9 SECOND LIEN COLLATERAL AGENT 22 ARTICLE 4 OBLIGATIONS ENFORCEABLE BY THE COMPANY AND THE OTHER GRANTORS SECTION 4.1 RELEASE OF LIENS ON COLLATERAL 22 SECTION 4.2 DELIVERY OF COPIES TO PRIORITY LIEN REPRESENTATIVES 24 SECTION 4.3 COLLATERAL TRUSTEE NOT REQUIRED TO SERVE, FILE OR RECORD 24 SECTION 4.4 RELEASE OF LIENS IN RESPECT OF NOTES 24 SECTION 4.5 RELEASE OF LIENS IN RESPECT OF ANY SERIES OF PARITY LIEN DEBT OTHER THAN NOTES 25 ARTICLE 5 IMMUNITIES OF THE COLLATERAL TRUSTEE SECTION 5.1 NO IMPLIED DUTY 25 SECTION 5.2 APPOINTMENT OF AGENTS AND ADVISORS 25 SECTION 5.3 OTHER AGREEMENTS 25 SECTION 5.4 SOLICITATION OF INSTRUCTIONS 26 SECTION 5.5 LIMITATION OF LIABILITY 26 SECTION 5.6 DOCUMENTS IN SATISFACTORY FORM 26 SECTION 5.7 ENTITLED TO RELY 27 SECTION 5.8 PARITY LIEN DEBT DEFAULT 27 SECTION 5.9 ACTIONS BY COLLATERAL TRUSTEE 27 SECTION 5.10 SECURITY OR INDEMNITY IN FAVOR OF THE COLLATERAL TRUSTEE 27 SECTION 5.11 RIGHTS OF THE COLLATERAL TRUSTEE 28 SECTION 5.12 LIMITATIONS ON DUTY OF COLLATERAL TRUSTEE IN RESPECT OF COLLATERAL 28 SECTION 5.13 ASSUMPTION OF RIGHTS, NOT ASSUMPTION OF DUTIES 29 SECTION 5.14 NO LIABILITY FOR CLEAN UP OF HAZARDOUS MATERIALS 29 SECTION 5.15 OTHER RELATIONSHIPS WITH THE COMPANY, GRANTORS OR GUARANTORS 29 ARTICLE 6 RESIGNATION AND REMOVAL OF THE COLLATERAL TRUSTEE SECTION 6.1 RESIGNATION OR REMOVAL OF COLLATERAL TRUSTEE 30 SECTION 6.2 APPOINTMENT OF SUCCESSOR COLLATERAL TRUSTEE 30 SECTION 6.3 SUCCESSION 31 SECTION 6.4 MERGER, CONVERSION OR CONSOLIDATION OF COLLATERAL TRUSTEE 31 SECTION 6.5 CONCERNING THE COLLATERAL TRUSTEE AND THE PARITY LIEN REPRESENTATIVES 31 ARTICLE 7 MISCELLANEOUS PROVISIONS SECTION 7.1 AMENDMENT 32 SECTION 7.2 VOTING 34 SECTION 7.3 FURTHER ASSURANCES 35 SECTION 7.4 SUCCESSORS AND ASSIGNS 35 SECTION 7.5 DELAY AND WAIVER 36 SECTION 7.6 NOTICES 36 SECTION 7.7 ENTIRE AGREEMENT 37 SECTION 7.8 COMPENSATION; EXPENSES 37 SECTION 7.9 INDEMNITY 38 SECTION 7.10 SEVERABILITY 38 SECTION 7.11 HEADINGS 39 SECTION 7.12 OBLIGATIONS SECURED 39 SECTION 7.13 GOVERNING LAW 39 SECTION 7.14 CONSENT TO JURISDICTION 39 SECTION 7.15 WAIVER OF JURY TRIAL 39 SECTION 7.16 COUNTERPARTS, ELECTRONIC SIGNATURES 40 SECTION 7.17 EFFECTIVENESS 40 SECTION 7.18 GRANTORS AND ADDITIONAL GRANTORS 40 SECTION 7.19 CONTINUING NATURE OF THIS AGREEMENT 40 SECTION 7.20 INSOLVENCY 40 SECTION 7.21 RIGHTS AND IMMUNITIES OF PARITY LIEN REPRESENTATIVES 41 SECTION 7.22 INTERCREDITOR AGREEMENT 41 SECTION 7.23 FORCE MAJEURE 41 SECTION 7.24 U.S.A. PATRIOT ACT 41 SECTION 7.25 REPRESENTATIONS AND WARRANTIES 42 Exhibit A [Form of] Additional Secured Debt Designation Exhibit B [Form of] Collateral Trust Joinder – Additional Debt Exhibit C [Form of] Collateral Trust Joinder – Additional Grantor This Collateral Trust Agreement (as amended, supplemented, amended Section 3.1 Appointment and restated or otherwise modified form time to time in accordance with Section 7.1 hereof, this “Agreement”) is dated as Undertaking of November [ 🌑 ], 2017 and is by and among CONSOL Mining Corporation, (the “Company”), the Grantors and Guarantors from time to time party hereto, UMB Bank, N.A., as Trustee (as defined below), UMB Bank, N.A., as Collateral Trustee (in such capacity14 Section 3.2 Release or Subordination of Liens 15 Section 3.3 Enforcement of Liens 16 Section 3.4 Application of Proceeds 16 Section 3.5 Powers of the Collateral Trustee 18 Section 3.6 Documents and together with its successors in such capacity, the “Collateral Trustee”)Communications 18 Section 3.7 For Sole and anyExclusive Benefit of Holders of Parity Lien RepresentativeObligations 19 Section 3.8 Additional Parity Lien Debt 19 Section 3.9 Second Lien Collateral Agent 22 Section 4.1 Release of aLiens on Collateral 22 Section 4.2 Delivery of Copies to Parity Lien Representatives 24 Section 4.3 Collateral Trustee not Required to Serve, File or Record 24 Section 4.4 Release of Liens in Respect of Notes 24 Section 4.5 Release of Liens in Respect of any Series of Parity Lien Debt that executesother than Notes 24 Section 5.1 No Implied Duty 25 Section 5.2 Appointment of Agents and delivers aAdvisors 25 Section 5.3 Other Agreements 25 Section 5.4 Solicitation of Instructions 25 Section 5.5 Limitation of Liability 26 Section 5.6 Documents in Satisfactory Form 26 Section 5.7 Entitled to Rely 26 Section 5.8 Parity Lien Debt Default 27 Section 5.9 Actions by Collateral Trust JoinderTrustee 27 Section 5.10 Security or Indemnity in favor of the Collateral Trustee 27 Section 5.11 Rights of the Collateral Trustee 27 Section 5.12 Limitations on Duty of Collateral Trustee in Respect of Collateral 28 Section 5.13 Assumption of Rights, Not Assumption of Duties 28 Section 5.14 No Liability for Clean Up of Hazardous Materials 29 Section 5.15 Other Relationships with the Company, Grantors or Guarantors 29.