Common use of Additional Security Agents Clause in Contracts

Additional Security Agents. (a) The Security Agent may, with the approval of the Company (acting reasonably), at any time appoint (and subsequently remove), to the extent legally permitted, any person to act as a separate trustee or agent or as a co-trustee or co-agent jointly with it (i) if it in good faith considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Agent deems to be relevant (acting reasonably) or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Agent shall give prior notice to the Company and each of the Agents and each Hedge Counterparty of that appointment.

Appears in 5 contracts

Samples: Agreement (Liberty Global PLC), Agreement (Liberty Global PLC), Agreement (Liberty Global PLC)

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Additional Security Agents. (a) The Security Agent may, with the approval of the Company (acting reasonably), may at any time appoint (and subsequently remove), to the extent legally permitted, ) any person to act as a separate trustee or agent or as a co-trustee or co-agent jointly with it (i) if it considers that appointment to be in good faith the interests of the Secured Parties, (ii) if it considers that appointment to be in the interests of the Secured Parties for purposes of the execution, performance or enforcement of any Debt Document, (iiiii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Agent deems to be relevant (acting reasonably) or (iiiiv) for obtaining or enforcing any judgment in any jurisdiction, and the Security Agent shall give prior notice to the Company Parent and each of the Agents and each Hedge Counterparty Facility Agent of that appointment.

Appears in 2 contracts

Samples: Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv)

Additional Security Agents. (a) The Security Agent may, with the approval of the Company (acting reasonably), may at any time appoint (and subsequently remove), to the extent legally permitted, ) any person to act as a separate trustee or agent or as a co-trustee or co-agent jointly with it (i) if it considers that appointment to be in good faith the interests of the Secured Parties, (ii) if it considers that appointment to be in the interests of the Secured Parties for purposes of the execution, performance or enforcement of any Debt Document, (iiiii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Agent deems to be relevant (acting reasonably) or (iiiiv) for obtaining or enforcing any judgment in any jurisdiction, and the Security Agent shall give prior notice to the Company Parent and each of the Agents and each Hedge Counterparty Administrative Agent of that appointment.

Appears in 2 contracts

Samples: Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv)

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Additional Security Agents. (a) The Security Agent may, with the approval of the Company (acting reasonably), at any time appoint (and subsequently remove), to the extent 192 84894163_20 legally permitted, any person to act as a separate trustee or agent or as a co-trustee or co-agent jointly with it (i) if it in good faith considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Agent deems to be relevant (acting reasonably) or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Agent shall give prior notice to the Company and each of the Agents and each Hedge Counterparty of that appointment.

Appears in 1 contract

Samples: Intercreditor Agreement (Liberty Global PLC)

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