Interim Security Agent definition

Interim Security Agent which expression shall include any person for the time being appointed as security agent or as an additional trustee for the purpose of and in accordance with the Interim Facilities Agreement).
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Interim Security Agent means the security agent in connection with the Interim Facilities.
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Interim Security Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.
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Examples of Interim Security Agent in a sentence

  • Without prejudice to the above, the Interim Security Agent may allow any bank providing safe custody services or any professional adviser to the Interim Security Agent to retain any of those documents in its possession.

  • The Interim Security Agent is not obliged to hold in its own possession any Interim Security Document, title deed or other document in connection with any asset over which a Security Interest is intended to be created by an Interim Security Document.

  • If there is any conflict between the provisions of this Agreement and any Interim Security Document with regard to instructions to or other matters affecting the Interim Security Agent, this Agreement will prevail.

  • The Interim Security Agent may, in priority to any payment to the other Interim Finance Parties, indemnify itself out of the assets the subject of the Security Documents in respect of, any pay and retain, all sums necessary to give effect to the indemnity in this Clause 13.3 and shall have a lien on the proceeds of the enforcement of any Security Interest created under the Security Documents for all monies payable to it.

  • Without prejudice to the generality of the foregoing, the Interim Security Agent may exercise or refrain from exercising any of its rights and remedies independently in respect of different parts of the Collateral.

  • Each of the parties to this Agreement agrees that the Interim Security Agent shall have only those duties, obligations and responsibilities expressly specified in this Agreement or in the Security Documents (and no others shall be implied).

  • Please acknowledge receipt of this notice by signing the acknowledgement on the enclosed copy letter and returning the same to the Interim Security Agent at [•] marked for the attention of [•].

  • The Interim Security Agent shall hold the benefit of this Agreement inclusive of, inter alia, the security interests, confirmations, representations and warranties and undertakings and covenants given by the Grantor in and pursuant to this Agreement upon trust for the Interim Finance Parties on the terms and conditions of the Interim Facilities Agreement.

  • The Grantor Security Interests are independent of, and in addition to and will not merge with, be prejudicially affected by, or prejudicially affect, any other Security Interest or guarantee for any of the Secured Obligations now or subsequently held by the Interim Security Agent or its nominee or any other Interim Finance Party.

  • The Interim Security Agent and the Grantor agree that the Grantor shall not have any right of reinstatement of this Agreement pursuant to Article 54(4) of the Law or otherwise.


More Definitions of Interim Security Agent

Interim Security Agent the “Chargors”, or the “Interim Finance Parties” shall be construed so as to include its or their (and any subsequent) successors and any permitted transferees in accordance with their respective interests;
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Related to Interim Security Agent

  • Security Agent means the Bond Trustee or any successor Security Agent, acting for and on behalf of the Secured Parties in accordance with any Security Agent Agreement or any other Finance Document.

  • Collateral Agent as defined in the preamble hereto.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Collateral Agent Fee Letter means the fee letter between the Collateral Agent and the Borrower setting forth the fees and other amounts payable by the Borrower to the Collateral Agent under the Facility Documents, in connection with the transactions contemplated by this Agreement.

  • Facility Agent has the meaning set forth in the Preamble.