Rights of Security Trustee. With respect to its own participation in the Transaction Documents, the Security Trustee shall have the same rights and powers thereunder and under the Trust Documents as any other Lender and may exercise the same as though it were not performing the duties and functions delegated to it under this Agreement.
Rights of Security Trustee. The Security Trustee shall have all the rights, privileges and immunities which gratuitous trustees have or may have in England, even though it is entitled to remuneration.
Rights of Security Trustee. At any time after the occurrence and continuation of an Event of Default and subject to the terms of the Facility Agreement, the Security Trustee shall be entitled either in its own name or as agent for the Assignor;
Rights of Security Trustee. At any time after the Charge has become enforceable, the Security Trustee shall have the right, without any notice to or consent of the Chargor:-
Rights of Security Trustee. The Shipper agrees that until the Security Trustee has delivered a written notice to the Shipper to the contrary, upon the Security Trustee receiving a Default Notice under Section 3(b) hereof, the Security Trustee shall have the right, but not the obligation, to cure any or all of the defaults listed in the Default Notice and Shipper shall not be entitled to exercise any right or remedy or take any proceeding as a result of the defaults specified therein until 60 days have elapsed after a copy of such Default Notice has been given to the Security Trustee. If all such defaults are timely cured by the Security Trustee, or a nominee acting on behalf of the Security Trustee, there shall no longer be deemed to be any default under the Contract in respect of such defaults so cured. No curing of any defaults under the Contract shall be construed as an assumption by the Security Trustee of any of the obligations, covenants or agreements of the Borrower under the Contract unless the Security Trustee has agreed in writing in an “Assumption Notice” (as defined below) to be so bound.
Rights of Security Trustee. The Security Trustee may:
Rights of Security Trustee. In connection with the Pledges created pursuant to this Pledge of Shares Agreement, the Security Trustee shall act at all times on behalf and for the benefit of the Secured Creditors, and in accordance with the terms of the Intercreditor Agreement and this Pledge of Shares Agreement. All of the rights and remedies hereunder will be exercised and enforced exclusively by the Security Trustee for the benefit of the Secured Creditors and no Secured Creditor shall have any right or remedy against the Pledgors independently from the Security Trustee other than as permitted under the Intercreditor Agreement.
Rights of Security Trustee. At any time after the Security Interests have become enforceable, to the fullest extent permitted by law, any rights conferred by any Finance Document or by law upon a Receiver may be exercised by the Security Trustee, whether or not the Security Trustee has appointed a Receiver of all or any part of the Security Assets.
Rights of Security Trustee. (a) The Security Trustee may execute any of its duties hereunder by or through agents or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties.
Rights of Security Trustee. Except as expressly set out in this document and the Credit Agreement, the Security Trustee:
