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

Obligations and Powers of Collateral Trustee. Section 3.1 Appointment and Undertaking of the Collateral Trustee 18 Section 3.2 Release or Subordination of Liens 20 Section 3.3 Enforcement of Liens 20 Section 3.4 Application of Proceeds 22 Section 3.5 Powers of the Collateral Trustee 24 Section 3.6 Documents and Communications 24 Section 3.7 For Sole and Exclusive Benefit of Holders of Parity Lien Obligations 24 Section 3.8 Additional Parity Lien Debt 25 Section 3.9 Post-Petition Interest 27 Section 3.10 Reinstatement 27 Section 4.1 Release of Liens on Collateral 28 Section 4.2 Delivery of Copies to Parity Lien Representatives 30 Section 4.3 Collateral Trustee not Required to Serve, File or Record 30 Section 4.4 Release of Liens 30

Obligations and Powers of Collateral Trustee. Section 3.1 Appointment and Undertaking of the Collateral Trustee 18 14 Section 3.2 Release or Subordination of Liens 20 15 Section 3.3 Enforcement of Liens 20 16 Section 3.4 Application of Proceeds 22 17 Section 3.5 Powers of the Collateral Trustee 24 19 Section 3.6 Documents and Communications 24 20 Section 3.7 For Sole and Exclusive Benefit of Holders of Parity Lien Obligations 24 20 Section 3.8 Additional Parity Lien Debt 25 20 Section 3.9 Post-Petition Interest 27 23 Section 3.10 Reinstatement 27 23 Section 4.1 Release of Liens on Collateral 28 23 Section 4.2 Delivery of Copies to Parity Lien Representatives 30 25 Section 4.3 Collateral Trustee not Required to Serve, File or Record 30 25 Section 4.4 Release of Liens 3026