Common use of Security Agent Clause in Contracts

Security Agent. (a) The Security Agent shall hold the security constituted by the Security Documents on trust or to the extent required by any applicable local law as agent for the Finance Parties or in its own name in accordance with the Senior Finance Documents and subject to the terms of the Priority Agreement.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Smurfit Kappa Funding PLC), Agreement (Smurfit Kappa Acquisitions), Agreement (JSG Funding PLC)

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Security Agent. (a) The Security Agent shall hold the security constituted by the Security Documents on trust or to the extent required by any applicable local law as agent for the Finance Parties or in its own name in accordance with the Senior Finance Documents and subject to the terms of the Priority AgreementDocuments.

Appears in 2 contracts

Samples: Agreement (Kabel Deutschland GmbH), Agreement (Kabel Deutschland Vertrieb Und Service GmbH & Co. KG)

Security Agent. (a) The Security Agent shall hold the security constituted by the Security Documents on trust or to the extent required by any applicable local law as agent for the Finance Parties or in its own name in accordance with the Senior Finance Documents and subject to the terms of the Priority AgreementDocuments.

Appears in 1 contract

Samples: Agreement (Concordia Bus Nordic AB)

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Security Agent. (a) 16.1 The Security Agent shall hold the security constituted by the Security Documents on trust or to the extent required by any applicable local law as agent for the Finance Parties or in its own name Secured Creditors in accordance with the Senior Finance Documents, the Bridge Finance Documents and subject to the terms of the Priority AgreementNotes Finance Documents.

Appears in 1 contract

Samples: Priority Agreement (Kabel Deutschland GmbH)

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