Examples of Security Agent Claim in a sentence
We must prepare for increased precipitation, with consequent increased load on the water and sewage systems, more water damage to buildings and infrastructure, more landslides and more flood damage.
The Security Agent will agree and undertake in the Agency Agreement to pay to the Bondholders any proceeds, resulting from the enforcement of the Security, recovered as the Security Agent Claim or which have otherwise been recovered by the Security Agent in connection with the Bonds Documents.
Each Obligor irrevocably and unconditionally waives any right it may have to require a Bondholder to join in any proceedings as co-claimant with the Security Agent in respect of the Security Agent Claim or its part.
If the Security Agent Claim becomes due and payable, the Security Agent may satisfy itself from the Initial Polish Pledged Shares through court enforcement proceedings or seizure of the Initial Polish Pledged Shares.
Each Bondholder must, at the request of the Security Agent, perform any act required in connection with the enforcement of any part of the Security Agent Claim.
The Security Agent may enforce performance of any Security Agent Claim in its own name as an independent and separate right (including, without limitation, any suit, execution, enforcement of the Security and applications for and voting in respect of any kind of insolvency proceedings).
The aggregate amount of the Security Agent Claim will never exceed the aggregate amount of the Bondholders Claim.
The right of the Security Agent to demand payment of the Security Agent Claim is independent and several from the rights of the Bondholders to demand payment of the Bondholders Claim, provided that discharge or any other termination of a 'Bondholders Claim will discharge or in any other way terminate the Security Agent Claim in the same amount and vice versa discharge or any other termination of a Security Agent Claim will discharge or in any other way terminate the 'Bondholders Claim in the same amount.
The aggregate amount of the Security Agent Claim will never exceed the aggregate amount of the Bondholders Claim.All Security Agent Claims are owed to the Security Agent in its own name on behalf of the Security Agent and not as agent or representative of any other person nor as trustee and all property subject to the Security shall secure the Security Agent Claim so owing to the Security Agent in its capacity of creditor of the Security Agent Claim.
Subject to the Issuer’s decision, the Initial Czech Pledge agreement, if any, will be entered into prior to the Issue Date by the Security Agent as the pledgee (the Pledgee) and PrivateVentures as the pledgor (the Pledgor), in order to create first ranking security for the Security Agent Claim as set out in the Terms and Conditions.