Duties of the Security Agent. (a) The Security Agent’s duties under the Finance Documents are solely mechanical and administrative in nature.
Duties of the Security Agent. (a) The Security Agent shall promptly inform the Facility Agent of the contents of any notice or document or payment received by it (in its capacity as security trustee) from any Obligor under any Finance Document.
Duties of the Security Agent. 13.2.1 The duties of the Security Agent under the Secured Finance Documents and this Agreement are solely mechanical and administrative in nature. Except as specifically provided in the Secured Finance Documents to which the Security Agent is a party, the Security Agent has no obligations of any kind to any other Party under or in connection with the Secured Finance Documents.
Duties of the Security Agent. (a) The Security Agent shall forward promptly to a Party the original or a copy of any document which is delivered to the Security Agent for that Party by any other Party.
Duties of the Security Agent. In addition to its obligations under Clause 25.4(D) the Security Agent shall:-
Duties of the Security Agent. (a) The Agent shall promptly send to the Security Agent such certification as the Security Agent may require pursuant to paragraph 7 (Basis of distribution) of Schedule 9 (Security agency provisions).
Duties of the Security Agent. The Security Agent shall, subject to the other terms of this Agreement, act under the Security Documents in accordance with the instructions of the Finance Parties and shall hold the benefit of the covenants, mortgages and charges given by the Borrower in the Finance Documents upon trust for the Finance Parties.
Duties of the Security Agent. (a) The Security Agent shall act in accordance with any instructions from the Facility Agent given in accordance with the terms of this Agreement in respect of this Agreement or any of the other Finance Documents, provided that it has been indemnified and/or provided with security to its satisfaction against all actions, proceedings, claims and demands to which it may render itself liable and all costs, charges, damages, expenses and liabilities which it may incur by so doing.
Duties of the Security Agent. The Security Agent shall not have any duties or responsibilities except those expressly set forth in this Agreement and the Security Documents, and the Security Agent’s duties under such documents are solely mechanical and administrative in nature. The Security Agent shall:
Duties of the Security Agent. (a) Subject to Clause 30.3(b), the Security Agent shall promptly forward to a Party the original or a copy of any document which is delivered to the Security Agent for that Party by any other Party.
