Examples of Security Agency Agreement in a sentence
In relation to each Series of Secured W&C Instruments, the security granted under each Deed of Charge will be granted in favour of the Security Agent or any successor thereto on behalf of itself and the relevant Holders of the Secured W&C Instruments and the other relevant Secured Parties (as defined in the relevant Secured W&C Instruments Conditions) under the Security Agency Agreement.
In relation to each Series of Secured W&C Instruments, The Bank of New York Mellon has been appointed as security agent (the "Security Agent") and has undertaken to carry out the duties of Security Agent in respect of such Secured W&C Instruments under a New York law governed security agency agreement entered into between, inter alia, MLICo., the Secured W&C Instruments Collateral Provider and the Security Agent (the "Security Agency Agreement").
The Bond Trustee will enter into a Security Agency Agreement with the Offshore Security Agent and the Onshore Security Agent.
On 27 May 2010, the Company had exercised its option under the condition 7.6 Part III of Schedule of the Security Agency Agreement dated 18 September 2009 to redeem USD5,000,000 in nominal value equivalent to RM15,900,000 by way of cash.
Unless the Issuer and the new Security Agent agree otherwise, the new Security Agent shall be entitled to the same fees and the same indemnities as the retiring Security Agent under the Security Agency Agreement to which it is a party.