Common use of Duties of the Security Agent Clause in Contracts

Duties of the Security Agent. (a) The Security Agent’s duties under the Finance Documents are solely mechanical and administrative in nature.

Appears in 30 contracts

Samples: Assignment Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.), Facility Agreement (Navios Maritime Partners L.P.)

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Duties of the Security Agent. (a) The Security Agent’s 's duties under the Finance Documents are solely mechanical and administrative in nature.

Appears in 19 contracts

Samples: Agreement (Global Ship Lease, Inc.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

Duties of the Security Agent. (a) The Security Agent’s duties under the Finance Debt Documents are solely mechanical and administrative in nature.

Appears in 10 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement (NAC Aviation Colorado 1 LLC), Intercreditor Agreement (LumiraDx LTD)

Duties of the Security Agent. (a) The Security Agent’s 's duties under the Finance Debt Documents are solely mechanical and administrative in nature.

Appears in 3 contracts

Samples: Intercreditor Agreement (NAC Aviation 29 Designated Activity Co), Intercreditor Agreement, Intercreditor Agreement (Tidewater Inc)

Duties of the Security Agent. (a) 7.6.1 The Security Agent’s duties under the Finance Transaction Documents are solely mechanical and administrative in nature.

Appears in 1 contract

Samples: Investment Agency Agreement (Brooge Holdings LTD)

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Duties of the Security Agent. (a) The Security Agent’s 's duties under the Finance Debt Documents are solely mechanical and administrative in nature.

Appears in 1 contract

Samples: Intercreditor Agreement

Duties of the Security Agent. (a) 10.6.1 The Security Agent’s duties under the Finance Documents are solely mechanical and administrative in nature.

Appears in 1 contract

Samples: Brooge Holdings LTD

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