Rights of Security Agent. The Security Agent shall have all the rights, privileges and immunities which gratuitous trustees have or may have in England, even though it is entitled to remuneration.
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Samples: Facility Agreement (Avis Budget Group, Inc.), Facility Agreement (Mechel OAO), Facilities Agreement (Marine Harvest ASA)
Rights of Security Agent. The For purposes of Security granted under the laws of England and Wales, the Security Agent shall have all the rights, privileges and immunities which gratuitous trustees have or may have in England, even though it is entitled to remuneration.
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