Company: LPSN
Filing Date: 2025-09-15
Form Type: DEFA14A
Source: 0001102993-25-000156
Chunk: 149

Company: LIVEPERSON INC
Filing Date: 2025-09-15
Form: DEFA14A
Chunk 149
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creditor Agreements and the Security Documents. (a) Subject to the provisions of Section 7.01, the Intercreditor Agreements and the terms of the Security Documents, the Trustee may (but shall have no obligation to), in its sole discretion and without the consent of the Holders, direct, on behalf of the Holders of Notes, the Collateral Agent to take all actions it deems necessary or appropriate in order to: (i) enforce any of the terms of the Intercreditor Agreements and the Security Documents; and (ii) collect and receive any and all amounts payable in respect of the obligations of the Company and the Subsidiary Guarantors under this Indenture, the Notes, the Intercreditor Agreements and the Security Documents. (b) Subject to the provisions of this Indenture, the Intercreditor Agreements and the Security Documents, the Trustee and/or the Collateral Agent will have power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts that may be unlawful or in violation of this Indenture, the Intercreditor Agreements or the Security Documents, and such suits and proceedings as may be necessary to preserve or protect the interests of the Trustee, the Collateral Agent and the interests of the Holders of Notes in the Collateral (including the power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest under the Security Documents or be prejudicial to the interests of the Holders or of the Trustee and/or the Collateral Agent). Section 13.04 Authorization of Receipt of Funds by the Trustee Under the Security Documents and the Intercreditor Agreements. The Trustee and/or the Collateral Agent is authorized to receive any funds for the benefit of the Collateral Agent and the Holders distributed under the Security Documents or the Intercreditor Agreements, and to make further distributions of such funds to the Holders according to the provisions of this Indenture with respect to the Collateral. Section 13.05 Termination of Security Interest; Release of Collateral. (a) Collateral will be released automatically from the Liens securing the Notes Obligations of the Company and the Subsidiary Guarantors under this Indenture,