Common use of Appointment of the Security Agent Clause in Contracts

Appointment of the Security Agent. (a) Each other Finance Party appoints the Security Agent to act as security trustee under and in connection with the Finance Documents in relation to any security interest which is expressed to be or is construed to be governed by English law, or any other law from time to time designated by the Security Agent and an Obligor.

Appears in 3 contracts

Samples: Cascal Facility Agreement (Cascal N.V.), Cascal Facility Agreement (Cascal N.V.), Facility Agreement (Cascal B.V.)

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Appointment of the Security Agent. (a) Each other Finance Party (other than the Security Agent) hereby and pursuant to the Security Agent Power appoints the Security Agent and authorises the Security Agent to act as security trustee its agent to execute, hold, administer and enforce the Finance Parties’ rights under the Security Documents on its behalf and on behalf of the other Finance Parties in connection accordance with the Finance Documents in relation to any security interest which is expressed to be or is construed to be governed by English law, or any other law from time to time designated by the Security Agent and an Obligorterms hereof.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (McDermott International Inc)

Appointment of the Security Agent. (a) Each other Finance Party appoints the Security Agent to act as security trustee agent under and in connection with the Finance Documents in relation to any security interest which is expressed to be or is construed to be governed by English law, or any other law from time to time designated by the Security Agent and an ObligorDocuments.

Appears in 2 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)

Appointment of the Security Agent. (a) Each of the other Finance Party Parties appoints the Security Agent to act as its security agent and trustee under and in connection with the Finance Documents in relation to any security interest which is expressed to be or is construed to be governed by English law, or any other law from time to time designated by the Security Agent and an ObligorDocuments.

Appears in 1 contract

Samples: Facility Agreement (Golden Meditech Holdings LTD)

Appointment of the Security Agent. (a) Each other Finance Party (other than the Security Agent) appoints the Security Agent to act as its security trustee under and in connection with the Finance Documents in relation to any security interest which is expressed to be or is construed to be governed by English law, or any other law from time to time designated by the Security Agent and an ObligorDocuments.

Appears in 1 contract

Samples: Facility Agreement (SinoTech Energy LTD)

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Appointment of the Security Agent. (a) Each other Finance Party (other than the Security Agent) appoints the Security Agent to act as its security agent and trustee under and in connection with the Finance Documents in relation to any security interest which is expressed to be or is construed to be governed by English law, or any other law from time to time designated by the Security Agent and an ObligorDocuments.

Appears in 1 contract

Samples: Facility Agreement (China Mengniu Dairy Co LTD)

Appointment of the Security Agent. (a) Each other Finance Party (other than the Security Agent) appoints the Security Agent to act as security trustee under and in connection with hold on trust for the Finance Parties on the terms of the Finance Documents in relation to any security interest which is expressed to be or is construed to be governed by English law, or any other law from time to time designated Security created by the Security Agent and an ObligorDocuments.

Appears in 1 contract

Samples: Facility Agreement (Tower Group International, Ltd.)

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