Security Agent’s Actions. Without prejudice to the provisions of Clause 12 (Enforcement of Transaction Security) and Clause 17.4 (Instructions to Security Agent and exercise of discretion), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Documents as it considers in its discretion to be appropriate.
Appears in 4 contracts
Sources: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)
Security Agent’s Actions. Without prejudice to the provisions of Clause 12 (Enforcement of Transaction Security) and Clause 17.4 clause 24.3 (Instructions to Security Agent and exercise of discretion), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Finance Documents as it considers in its discretion to be appropriate.
Appears in 3 contracts
Sources: Amendment and Restatement Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.)
Security Agent’s Actions. Without prejudice to the provisions of Clause 12 (Enforcement of Transaction Security) and Clause 17.4 26.3 (Instructions to Security Agent and exercise of discretion), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Finance Documents as it considers in its discretion to be appropriate.
Appears in 3 contracts
Sources: Loan Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD)
Security Agent’s Actions. Without prejudice to the provisions of Clause 12 11 (Enforcement of Transaction Security) and Clause 17.4 18.5 (Instructions to Security Agent and exercise of discretion), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Documents as it considers in its good faith discretion to be appropriate (acting on the advice of counsel where appropriate), subject to the provisions of the Communications Law, the Communications Order and the Pledge Permit.
Appears in 2 contracts
Sources: Intercreditor Agreement (Internet Gold Golden Lines LTD), Intercreditor Agreement (B Communications LTD)
Security Agent’s Actions. Without prejudice to the provisions of Clause 12 (Enforcement of Transaction Security) and Clause 17.4 clause 27.23 (Instructions to Security Agent and exercise of discretion), Agent) the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Finance Documents as it considers in its discretion to be appropriate.
Appears in 2 contracts
Sources: Secured Credit Facility Agreement, Secured Credit Facility Agreement (Seadrill Partners LLC)
Security Agent’s Actions. Without prejudice to the provisions of Clause 12 (Enforcement of Transaction Security) Section 13 and Clause 17.4 (Instructions to Security Agent and exercise of discretion)Section 17.7, the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Documents as it considers in its discretion to be appropriate.
Appears in 1 contract
Sources: Intercreditor Agreement (Nord Anglia Education, Inc.)
Security Agent’s Actions. Without prejudice to the provisions of Clause 12 (Enforcement of Transaction Security) and Clause 17.4 28.3 (Instructions to Security Agent and exercise of discretion), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Finance Documents as it considers in its discretion to be appropriate.
Appears in 1 contract
Security Agent’s Actions. Without prejudice to the provisions of Clause 12 11 (Enforcement of Transaction Security) and Clause 17.4 19.4 (Instructions to Security Agent and exercise of discretion), the Security Agent may (but shall not be obliged toInstructions), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Documents Security Agent may act (or refrain from acting) as it considers in its discretion to be appropriate.
Appears in 1 contract
Sources: Intercreditor Agreement
Security Agent’s Actions. Without prejudice to the provisions of Clause 12 (Enforcement of Transaction Security) Section 10 and Clause 17.4 (Instructions to Security Agent and exercise of discretion)Section 13.4, the Security Agent may (but shall not be obliged to), in the absence of any instructions directions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Documents as it considers in its discretion to be appropriate.
Appears in 1 contract
Sources: Intercreditor Agreement (Home Inns & Hotels Management Inc.)
Security Agent’s Actions. Without prejudice to the provisions of Clause 12 (Enforcement paragraph 1.3 of Transaction Security) and Clause 17.4 this Schedule 13 (Instructions to Security Agent and exercise of discretion), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Finance Documents as it considers in its discretion to be appropriate.
Appears in 1 contract
Sources: Senior Term and Revolving Facilities Agreement (Melrose PLC)
Security Agent’s Actions. Without prejudice to the provisions of Clause 12 16 (Enforcement of Transaction Security) and Clause 17.4 21.5 (Instructions to Security Agent and exercise of discretion), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Secured Debt Documents as it considers in its good faith discretion to be appropriate.
Appears in 1 contract