Common use of Additional Security Trustees Clause in Contracts

Additional Security Trustees. (a) The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors and the Secured Parties of that appointment.

Appears in 3 contracts

Samples: Agreement (Fx Energy Inc), Agreement (Fx Energy Inc), Agreement (Fx Energy Inc)

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Additional Security Trustees. (a) 30.3.1 The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors and the Secured Parties Agent of that appointment.

Appears in 2 contracts

Samples: And Restatement Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)

Additional Security Trustees. (a) The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate security trustee or as a co-security trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Finance Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Company and the Secured Parties Agent of that appointment.

Appears in 2 contracts

Samples: Agreement (Montpelier Re Holdings LTD), Agreement (Montpelier Re Holdings LTD)

Additional Security Trustees. (a) The Security Trustee Agent may at any time appoint (and subsequently remove) any person to act as a separate security trustee or as a co-security trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Finance Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee Agent deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee Agent shall give prior notice to the Obligors Borrower and the Secured Parties Facility Agent of that appointment.

Appears in 2 contracts

Samples: Facility Agreement (Golden Meditech Holdings LTD), Facility Agreement (China Mengniu Dairy Co LTD)

Additional Security Trustees. (a) The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate security trustee or as a co-security trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Obligors’ Agent and the Secured Parties Facility Agent of that appointment.

Appears in 1 contract

Samples: Senior Facilities Agreement (Yell Finance Bv)

Additional Security Trustees. (a) The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-co trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Company and each of the Secured Parties Representatives of that appointment.

Appears in 1 contract

Samples: Intercreditor Agreement (InterXion Holding N.V.)

Additional Security Trustees. (a) The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Company and each of the Secured Parties Representatives of that appointment.

Appears in 1 contract

Samples: Intercreditor Agreement (InterXion Holding N.V.)

Additional Security Trustees. (a) 28.27.1 The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate security trustee or as a co-security trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Original Borrower and the Secured Parties Agent of that appointment.

Appears in 1 contract

Samples: And Restatement Agreement (Validus Holdings LTD)

Additional Security Trustees. (a) 31.3.1 The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors and the Secured Parties Agent of that appointment.

Appears in 1 contract

Samples: Facility Agreement (Ivanhoe Energy Inc)

Additional Security Trustees. (a) 28.26.1 The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate security trustee or as a co-security trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Borrower and the Secured Parties Agent of that appointment.

Appears in 1 contract

Samples: Agreement (Validus Holdings LTD)

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Additional Security Trustees. (a) The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Company and the Secured Parties Agent of that appointment.

Appears in 1 contract

Samples: Agreement (Solutia Inc)

Additional Security Trustees. (a) The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Kosmos and each of the Secured Parties Agents of that appointment.

Appears in 1 contract

Samples: Intercreditor Agreement (Kosmos Energy Ltd.)

Additional Security Trustees. (a) The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-trustee jointly with it (ia) if it considers that appointment to be in the interests of the Secured Finance Parties or (iib) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iiic) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Borrower and the Secured Parties Agent of that appointment.

Appears in 1 contract

Samples: Agreement (Cascal N.V.)

Additional Security Trustees. (a) 28.25.1 The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate security trustee or as a co-security trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Original Borrower and the Secured Parties Agent of that appointment.

Appears in 1 contract

Samples: Agreement (Validus Holdings LTD)

Additional Security Trustees. (a) The Security Trustee may at any time appoint (and subsequently remove) any person to act as a separate trustee or as a co-co trustee jointly with it (i) if it considers that appointment to be in the interests of the Secured Parties or (ii) for the purposes of conforming to any legal requirements, restrictions or conditions which the Security Trustee deems to be relevant or (iii) for obtaining or enforcing any judgment in any jurisdiction, and the Security Trustee shall give prior notice to the Obligors Company, the Senior Agent and each of the Secured Parties Noteholders of that appointment.

Appears in 1 contract

Samples: Note Purchase Agreement (Luxfer Holdings PLC)

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