No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Transaction Security Documents except through the Security Trustee.
Appears in 3 contracts
Samples: Facilities Agreement (Genesco Inc), Facilities Agreement (Genesco Inc), Agreement (Cascal N.V.)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Transaction Security Documents except through the Security TrusteeAgent.
Appears in 2 contracts
Samples: Facility Agreement (Golden Meditech Holdings LTD), Facility Agreement (China Mengniu Dairy Co LTD)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security Collateral or to exercise any rights or powers arising under the Transaction Security Finance Documents in relation to the Collateral except through the Security Trustee.
Appears in 2 contracts
Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Transaction New Security Documents Agreement except through the Security Trustee.
Appears in 2 contracts
Samples: Agreement (Marconi Corp PLC), Agreement (Marconi Corp PLC)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Transaction Security Documents except through the Security Trustee.
Appears in 2 contracts
Samples: Agreement (Montpelier Re Holdings LTD), Agreement (Montpelier Re Holdings LTD)
No independent power. The Other than as expressly permitted by this Agreement, the Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Finance Documents creating the Transaction Security Documents except through the Security TrusteeAgent.
Appears in 2 contracts
Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Transaction Security Documents Agreement except through the Security Trustee.
Appears in 1 contract
Samples: Agreement (Marconi Corp PLC)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Sponsor Guarantees or Other Security or to exercise any rights or powers arising under the Transaction Sponsor Guarantees or any Other Security Documents except through the Security Trustee.
Appears in 1 contract
Samples: Facility Agreement (Melco PBL Entertainment (Macau) LTD)
