Common use of Authorization of Receipt of Funds by the Security Agent Under the Security Documents Clause in Contracts

Authorization of Receipt of Funds by the Security Agent Under the Security Documents. The Security Agent is authorized to receive and distribute any funds for the benefit of the Holders under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture and the Security Documents.

Appears in 17 contracts

Samples: Indenture (Carnival PLC), Supplemental Indenture (Norwegian Cruise Line Holdings Ltd.), Indenture (Norwegian Cruise Line Holdings Ltd.)

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Authorization of Receipt of Funds by the Security Agent Under the Security Documents. The Security Agent is authorized to receive and distribute any funds for the benefit of the Holders Lenders under the Security Documents, and to make further distributions of such funds to the Holders Lenders according to the provisions of this Indenture Agreement and the Security Documents.

Appears in 2 contracts

Samples: Term Loan Agreement (Carnival PLC), Lender Assignment Agreement (Carnival PLC)

Authorization of Receipt of Funds by the Security Agent Under the Security Documents. The Subject to the provisions of each Intercreditor Agreement, the Security Agent is authorized to receive and distribute any funds for the benefit of the Holders under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture and the Security Documents.

Appears in 2 contracts

Samples: Indenture (Norwegian Cruise Line Holdings Ltd.), Indenture (Norwegian Cruise Line Holdings Ltd.)

Authorization of Receipt of Funds by the Security Agent Under the Security Documents. The Security Agent is authorized to receive and distribute any funds for the benefit of the Holders under the Security Documents, and to make further distributions of such funds to the Holders Holders, in each case, according to the provisions of this Indenture and the Security DocumentsDocuments and any limitations set forth herein or therein (including the Collateral Cap).

Appears in 2 contracts

Samples: Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD)

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Authorization of Receipt of Funds by the Security Agent Under the Security Documents. The Security Agent is authorized to receive and distribute any funds for the benefit of the Holders under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture and the Security Documents.. ​ ​

Appears in 1 contract

Samples: Indenture (Ardagh Group S.A.)

Authorization of Receipt of Funds by the Security Agent Under the Security Documents. The Security Agent is authorized to receive and distribute any funds for the benefit of the Holders under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture and the Security Documents.. 108

Appears in 1 contract

Samples: Secured Indenture (Ardagh Finance Holdings S.A.)

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