Example ContractsClausescollateral agreementVariants
Collateral Agreement
Collateral Agreement contract clause examples

The Borrower shall not # permit either of the Collateral Administration Agreement or the Custodian Agreement to be modified, amended, or terminated, or # waive any material duties or obligations of State Street Bank and Trust Company (or any of its permitted assigns) thereunder, in each case, in a manner that materially adversely affects any Secured Party without the prior written consent of the Administrative Agent.

The Borrower shall not # permit the Investment Management Agreement to be modified, amended or terminated, or # waive any material duties or obligations of the Investment Adviser (or any of its permitted assigns) thereunder, in each case, in a manner that materially adversely affects any Secured Party without the prior written consent of the Administrative Agent unless such modification or amendment is not materially less favorable to the Borrower than in good faith is believed could be obtained on an arm’s length basis from unrelated third parties.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.