Additional Intercreditor Agents Sample Clauses

Additional Intercreditor Agents. 28.23.1 The Intercreditor Agent may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it: (a) if it considers that appointment to be in the interests of the Secured Parties; or (b) for the purposes of conforming to any legal requirement, restriction or condition which the Intercreditor Agent deems to be relevant; or (c) for obtaining or enforcing any judgment in any jurisdiction, and the Intercreditor Agent shall give prior notice to the Borrower and the Secured Parties of that appointment. 28.23.2 Any person so appointed shall have the rights, powers, authorities and discretions (not exceeding those given to the Intercreditor Agent under or in connection with the Finance Documents) and the duties, obligations and responsibilities that are given or imposed by the instrument of appointment. 28.23.3 The remuneration that the Intercreditor Agent may pay to that person, and any costs and expenses (together with any applicable VAT) incurred by that person in performing its functions pursuant to that appointment shall, for the purposes of this Agreement, be treated as costs and expenses incurred by the Intercreditor Agent.