Common use of Additional trustees Clause in Contracts

Additional trustees. 30.5.13 The Security Trustee may, upon giving prior notice to the other Finance Parties, appoint any person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Security Trustee if the Security Trustee considers such appointment to be in the interests of the Finance Parties.

Appears in 1 contract

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp)

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Additional trustees. 30.5.13 28.3.1 The Security Trustee may, upon giving prior notice to the other Finance Parties, Borrower appoint any person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Security Trustee if the Security Trustee considers such appointment to be in the interests of the Finance Parties.

Appears in 1 contract

Samples: Agreement (Morgans Hotel Group Co.)

Additional trustees. 30.5.13 30.5.1 The Security Trustee may, upon giving prior notice to the other Finance Parties, appoint any person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Security Trustee if the Security Trustee considers such appointment to be in the interests of the Finance Parties.

Appears in 1 contract

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp)

Additional trustees. 30.5.13 61.4.1 The Security Trustee may, upon giving prior notice to the other Finance PartiesSecured Creditors, appoint any person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Security Trustee if the Security Trustee considers such appointment to be in the interests of the Finance PartiesSecured Creditors.

Appears in 1 contract

Samples: Junior Facility Agreement (Endeavour International Corp)

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Additional trustees. 30.5.13 29.17.1 The Security Trustee may, upon giving prior notice to the other Finance Parties, appoint any person established or resident in any jurisdiction (whether a trust corporation or not) to act either as a separate trustee or as a co-trustee jointly with the Security Trustee if the Security Trustee considers such appointment to be in the interests of the Finance Parties.. 159 Index

Appears in 1 contract

Samples: Agreement (Carrizo Oil & Gas Inc)

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