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Collateral Agreement

 

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Title:

Collateral Agreement

Entities:

OWI Corp; Silver Point Finance, LLC

Date:

2004

Size:

Preview shows 6KB of 166KB total

Price:

$49

ID:

#1603905

 

 

► Financing ► Collateral Agreements
► Financial

 

 

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4

d18993aexv99wt3cv3.txt
FORM OF COLLATERAL AGREEMENT


================================================================================








COLLATERAL AGREEMENT



DATED AS OF



____________, 2004,



AMONG



INTERNATIONAL WIRE GROUP, INC.



THE SUBSIDIARIES OF
INTERNATIONAL WIRE GROUP, INC.
IDENTIFIED HEREIN

AND

BNY MIDWEST TRUST COMPANY

AS COLLATERAL AGENT









================================================================================








TABLE OF CONTENTS


PAGE


ARTICLE I

Definitions

SECTION 1.01. Indenture...................................................................................1
SECTION 1.02. Other Defined Terms.........................................................................1
SECTION 1.03. Rules of Interpretation.....................................................................4
SECTION 1.04. Intercreditor Agreement.....................................................................5

ARTICLE II

Pledge of Securities

SECTION 2.01. Pledge......................................................................................5
SECTION 2.02. Delivery of the Pledged Collateral..........................................................6
SECTION 2.03. Representations, Warranties and Covenants...................................................6
SECTION 2.04. Certification of Limited Liability Company and Limited Partnership Interests................7
SECTION 2.05. Registration in Nominee Name; Denominations.................................................7
SECTION 2.06. Voting Rights; Dividends and Interest.......................................................8

ARTICLE III

Security Interests in Personal Property

SECTION 3.01. Security Interest..........................................................................10
SECTION 3.02. Representations and Warranties.............................................................11
SECTION 3.03. Covenants..................................................................................13
SECTION 3.04. Other Actions..............................................................................16
SECTION 3.05. Covenants Regarding Patent, Trademark and Copyright Collateral.............................19

ARTICLE IV

Remedies

SECTION 4.01. Remedies Upon Default......................................................................21
SECTION 4.02. Application of Proceeds....................................................................23
SECTION 4.03. Grant of License to Use Intellectual Property..............................................23
SECTION 4.04. Securities Act.............................................................................24
SECTION 4.05. Registration...............................................................................24

ARTICLE V

Indemnity, Subrogation and Subordination

SECTION 5.01. Indemnity and Subrogation..................................................................25
SECTION 5.02. Contribution and Subrogation...............................................................25


-i-





SECTION 5.03. Subordination..............................................................................26

ARTICLE VI

Miscellaneous

SECTION 6.01. Notices....................................................................................26
SECTION 6.02. Waivers; Amendment.........................................................................26
SECTION 6.03. Collateral Agent's Fees and Expenses; Indemnification......................................26
SECTION 6.04. Successors and Assigns.....................................................................30
SECTION 6.05. Survival of Agreement......................................................................30
SECTION 6.06. Counterparts; Effectiveness; Several Agreement.............................................30

 

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