Common use of Appointment by Secured Parties Clause in Contracts

Appointment by Secured Parties. (a) Each Secured Party (other than the Security Agent) irrevocably appoints the Security Agent in accordance with the following provisions of this Clause 21 (The Security Agent), to act as its agent, trustee, joint and several creditor or beneficiary of a parallel debt (as the case may be) under this Agreement and with respect to the Security Documents, and irrevocably authorises the Security Agent on its behalf to:

Appears in 4 contracts

Samples: Intercreditor Agreement (Liberty Global PLC), Agreement (Liberty Global PLC), Agreement (Liberty Global PLC)

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Appointment by Secured Parties. (a) Each Secured Party (other than the Security Agent) irrevocably appoints the Security Agent in accordance with the following provisions of this Clause 21 (The Security Agent), to act as its agent, trustee, joint and several creditor or beneficiary of a parallel debt (as the case may be) under this Agreement and with respect to the Senior Security Documents, and irrevocably authorises the Security Agent on its behalf to:

Appears in 2 contracts

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)

Appointment by Secured Parties. (a) Each Secured Party (other than the Security Agent) irrevocably appoints the Security Agent in accordance with the following provisions of this Clause 21 (The Security Agent), β€Ž16 to act as its agent, trustee, joint and several creditor or beneficiary of a parallel debt (as the case may be) under this Agreement and with respect to the Security Documents, and irrevocably authorises the Security Agent on its behalf to:

Appears in 2 contracts

Samples: Intercreditor Agreement (B Communications LTD), Intercreditor Agreement (Internet Gold Golden Lines LTD)

Appointment by Secured Parties. (a) Each Secured Party (other than the Security Agent) irrevocably appoints the Security Agent in accordance with the following provisions of this Clause 21 (The Security Agent), 17 to act as its agent, trustee, joint and several creditor or beneficiary of a parallel debt (as the case may be) (including the parallel debt under Clause 17.2 (Parallel debt)) under this Agreement and with respect to the Transaction Security Documents, and irrevocably authorises the Security Agent on its behalf to:

Appears in 1 contract

Samples: Intercreditor Agreement

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Appointment by Secured Parties. (a) Each Secured Party (other than the Security Agent) irrevocably appoints the Security Agent in accordance with the following provisions of this Clause 21 (The Security Agent), 17 to act as its security agent, trustee, joint and several creditor or beneficiary of a parallel debt (as the case may be) under or in connection with this Agreement and with respect to the Security Documents, and irrevocably authorises the Security Agent on its behalf to:

Appears in 1 contract

Samples: Intercreditor Agreement

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