Security Agent. (a) Each other Finance Party appoints the Security Agent to act as its agent and (to the extent permitted under any applicable law) trustee under and in connection with the Security Documents and confirms that the Security Agent shall have a lien on the Security Documents and the proceeds of the enforcement of those Security Documents for all moneys payable to the beneficiaries of those Security Documents.
Appears in 11 contracts
Samples: Agreement (Navigator Holdings Ltd.), Agreement (Dorian LPG Ltd.), Agreement (Hoegh LNG Partners LP)
Security Agent. (a) 22.19.1 Each other Finance Party appoints the Security Agent to act as its agent and (to the extent permitted under any applicable law) trustee under and in connection with the Security Documents and confirms that the Security Agent shall have a lien on the Security Documents and the proceeds of the enforcement of those Security Documents for all moneys monies payable to the beneficiaries of those Security Documents.
Appears in 2 contracts
Samples: Agreement (Paragon Shipping Inc.), Credit Agreement (DryShips Inc.)
Security Agent. (a) 34.21.1 Each other Finance Party appoints the Security Agent to act as its agent and (to the extent permitted under any applicable law) trustee under and in connection with the Security Documents and confirms that the Security Agent shall have a lien on the Security Documents and the proceeds of the enforcement of those Security Documents for all moneys monies payable to the beneficiaries of those Security Documents.
Appears in 2 contracts
Samples: Facility Agreement (Quintana Shipping Ltd.), DryShips Inc.
Security Agent. (a) 30.18.1 Each other Finance Party appoints the Security Agent to act as its agent and (to the extent permitted under any applicable law) trustee under and in connection with the Security Documents and confirms that the Security Agent shall have a lien on the Security Documents and the proceeds of the enforcement of those Security Documents for all moneys payable to the beneficiaries of those Security Documents.
Appears in 2 contracts
Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)
Security Agent. (a) 31.62 Each other Finance Party appoints the Security Agent to act as its agent and (to the extent permitted under any applicable law) trustee under and in connection with the Security Documents and confirms that the Security Agent shall have a lien on the Security Documents and the proceeds of the enforcement of those Security Documents for all moneys payable to the beneficiaries of those Security Documents.
Appears in 2 contracts
Samples: Agreement (Hafnia LTD), Agreement (Hafnia LTD)
Security Agent. (a) 35.18.1 Each other Finance Party appoints the Security Agent to act as its agent and (to the extent permitted under any applicable law) trustee under and in connection with the Security Documents and confirms that the Security Agent shall have a lien on the Security Documents and the proceeds of the enforcement of those Security Documents for all moneys payable to the beneficiaries of those Security Documents.
Appears in 1 contract
Security Agent. (a) Each of the other Finance Party Parties appoints the Security Agent to act as its it agent and (trustee to hold the extent permitted security interests created under any applicable law) trustee under and in connection with the Security Documents for and confirms that on behalf of the Security Agent shall have a lien on other Finance Parties, and to enforce the security under the Security Documents in accordance with the terms and the proceeds of the enforcement of those Security Documents for all moneys payable to the beneficiaries of those Security Documentsconditions thereof.
Appears in 1 contract
Security Agent. (a) 23.62 Each other Finance Party appoints the Security Agent to act as its agent and (to the extent permitted under any applicable law) trustee under and in connection with the Security Documents and confirms that the Security Agent shall have a lien on the Security Documents and the proceeds of the enforcement of those Security Documents for all moneys payable to the beneficiaries of those Security Documents.
Appears in 1 contract
Samples: Facility Agreement
Security Agent. (a) 31.67 Each other Finance Party appoints the Security Agent to act as its agent and (to the extent permitted under any applicable law) trustee under and in connection with the Security Documents and confirms that the Security Agent shall have a lien on the Security Documents and the proceeds of the enforcement of those Security Documents for all moneys payable to the beneficiaries of those Security Documents.
Appears in 1 contract
Samples: Facility Agreement (Hafnia LTD)