Common use of Additional Security Agents Clause in Contracts

Additional Security Agents. The Security Agent may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it:

Appears in 20 contracts

Sources: Term Loan Facility Agreement (Okeanis Eco Tankers Corp.), Term Loan Facility Agreement (Icon Energy Corp), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)

Additional Security Agents. (a) The Security Agent may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it:

Appears in 4 contracts

Sources: Term Loan Facility (Okeanis Eco Tankers Corp.), Deed of Amendment Agreement (RISE Education Cayman LTD), Facility Agreement (Navios Maritime Holdings Inc.)

Additional Security Agents. The Security Agent may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it:: (i) if it considers that appointment to be in the interests of the Secured Parties;

Appears in 2 contracts

Sources: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)

Additional Security Agents. The Security Agent may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it:: for the purposes of conforming to any legal requirement, restriction or condition which the Security Agent deems to be relevant; or for obtaining or enforcing any judgment in any jurisdiction, and the Security Agent shall give prior notice to the Borrower and the Finance Parties of that appointment.

Appears in 1 contract

Sources: Facility Agreement