Common use of Duties of the Security Agent Clause in Contracts

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.

Appears in 2 contracts

Samples: Security Trust (SinoTech Energy LTD), Security Trust (SinoTech Energy LTD)

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Duties of the Security Agent. (a) The Security Agent shall promptly inform provide the Facility Agent of with complete copies (together with any accompanying attachments or enclosures, if any) the contents of any notice or document or and promptly inform the Facility Agent of any payment received by it (in its capacity as security trusteeagent and/or trustee for the Finance Parties) from any Obligor under any Finance Document.

Appears in 1 contract

Samples: Facility Agreement (China XD Plastics Co LTD)

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 trusteeagent and/or trustee for the Secured Parties) from any Obligor under any Finance Document.

Appears in 1 contract

Samples: Senior Facilities Agreement (OneSmart International Education Group LTD)

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 trusteeagent and/or trustee for the Finance Parties) from any Obligor the Borrower under any Finance Document.

Appears in 1 contract

Samples: Facility Agreement (Golden Meditech Holdings LTD)

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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 trusteeagent and/or trustee for the Finance Parties) from any Obligor under any Finance Document.

Appears in 1 contract

Samples: Facility Agreement (China Mengniu Dairy Co LTD)

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