Secured Agent definition
Examples of Secured Agent in a sentence
Each Agent that is not a Secured Agent is not acting as agent of the Issuer (or any other person) and is therefore not acting as fiduciary and will owe no fiduciary obligations or duties to the Issuer, the Noteholders, any Transaction Counterparty or any other person.
Each Secured Agent shall act as an agent solely of the Issuer and will have no obligation towards, or relationship of agency or trust with, any Noteholder or any other person.
BCBSM will post Group SBCs for applicable BCBSM coverage to Group Secured, Agent Secured, and Member Secured Services websites.
Such exercise and enforcement shall include the ability of an agent appointed by the Senior Secured Agent to sell or otherwise dispose of Collateral by private or public sale or any other means permissible under applicable law.
No failure on the part of Secured Party or Secured Agent to exercise, and no delay in exercising, any right, remedy , power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, remedy, power or privilege preclude any other or further exercise thereof or the exercise of any other right , remedy , power or privilege.
BCN will post the OSG SBCs for applicable BCN coverage to the OSG Secured, Agent Secured, and Member Secured Services websites.
By: Name: Title: CABLEVISION SYSTEMS BROOKLINE CORPORATION Managing General Partner of CABLEVISION OF OSSINING LIMITED PARTNERSHIP By: Name: Title: JPMORGAN CHASE BANK, N.A., acting in its capacity as Security Agent By: Name: Title: PLEDGE AGREEMENT JOINDER, dated as of _____________, 20__, made by ____________________, a __________ corporation (the “Additional Pledgor”), in favor of JPMorgan Chase Bank, N.A., as Secured Agent for the benefit of the Secured Parties.
In exercising rights and remedies with respect to the Collateral, the Senior Secured Agent and the Senior Lenders may enforce the provisions of the Senior Loan Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion.
The provisions of this clause shall remain operative and in full force and effect regardless of the termination of this Agreement or any other Loan Document, the consummation of the transactions contemplated hereby, the repayment of any of the Secured Obligations, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of the Secured Agent or any other Secured Party.
Upon a Secured Agent’s written request, the Junior Subordinated Agent and each other Junior Subordinated Claimholder will promptly take all actions which such Secured Agent believes appropriate to carry out the purposes and provisions of this Agreement.