Examples of Secured Agent in a sentence
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.
The Debtor shall not be obligated to take any action under this Section 7, unless the Secured Agent requests such action.
The Secured Party shall be bound by the actions, commitments and agreements of Secured Agent, and shall, upon request by the Secured Agent, enter into such agreements or sign such other documents or instruments that the Secured Agent deems appropriate or necessary in the exercise of the Secured Party rights hereunder.
Secured Party agree to bring no claim or proceeding, whether in law or equity, against the Secured Agent for such agent's actions hereunder.
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.
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.
The Secured Agent shall be a third party beneficiary of, and have the right to enforce, the provisions of this section.
No amendment or waiver of any provision of this Agreement nor consent to any departure by any party hereto shall be effective unless it is in a written agreement executed by each Secured Agent and the Junior Subordinated Agent, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.
Each Obligor agrees to give notice to the Junior Subordinated Agent of any Event of Default concurrently with providing such notice to any Secured Agent.
Each Junior Subordinated Claimholder shall give each Secured Agent prompt written notice of the occurrence of any Default or Event of Default under any Junior Subordinated Loan Document as required by Section 7(c) hereof.