Common use of Custodians and nominees Clause in Contracts

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 62 contracts

Samples: Facility Agreement (Euroseas Ltd.), Facility Agreement (Global Ship Lease, Inc.), Facility Agreement (Bristow Group Inc.)

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Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset assets of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 43 contracts

Samples: Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Term and Accordion Facilities Agreement (Ardmore Shipping Corp)

Custodians and nominees. The Security Agent may (to the extent legally permitted) appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset assets of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 11 contracts

Samples: Senior Facilities Agreement (Liberty Global PLC), Additional Facility Accession Deed (Liberty Global PLC), Additional Facility T Accession Deed (Liberty Global PLC)

Custodians and nominees. The Common Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the Common Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Common Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 5 contracts

Samples: Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset assets of the trust created under this Agreement as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 3 contracts

Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset assets of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and and, provided it has appointed the custodian or nominee with due care, the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 2 contracts

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

Custodians and nominees. The Security Agent may appoint and pay (or cause to be appointed and paid) any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 2 contracts

Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust Security Property as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement Security Property and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Cboe Global Markets, Inc.), Amendment and Restatement Agreement (Cboe Global Markets, Inc.)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset assets of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement Deed or any document relating to the trust created under this Agreement Deed and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement Deed or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Loan Note Agreement (Weather Investments II S.a.r.l.)

Custodians and nominees. The Each Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the that Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the that Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Secured Facility Agreement (Amkor Technology, Inc.)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement Indenture or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement Indenture or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Indenture (Garrett Motion Inc.)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement agreement or any document relating to the trust created under this Agreement agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Term Facility Agreement (Enstar Group LTD)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset assets of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement agreement or any document relating to the trust created under this Agreement agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Hanover Insurance Group, Inc.)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.)

Custodians and nominees. The Security Agent may (to the extent legally permitted) appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust assets as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust or agency created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Intercreditor Agreement

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.. ​ ​

Appears in 1 contract

Samples: Facility Agreement (Hoegh LNG Partners LP)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust Charged Property as the Security Agent may reasonably determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust Charged Property created under this Agreement the Finance Documents and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Borrowing Base Facility Agreement (Cobalt International Energy, Inc.)

Custodians and nominees. The A Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the that Security Agent may determine, including for the purpose of depositing with a custodian this Agreement Deed or any document relating to the trust created under this Agreement Deed and the that Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement Deed or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Security Trust and Intercreditor Deed

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Custodians and nominees. The Security Agent may (to the extent legally permitted) appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset assets of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement Agreement, and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Indenture (Amc Entertainment Holdings, Inc.)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement Agreement, and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Syndication and Amendment Agreement (Igate Corp)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any reasonable terms in relation to any asset assets of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Senior Facility Agreement (Spansion Inc.)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset assets of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Senior Term and Revolving Facilities Agreement (Melrose PLC)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian custodian, agent or nominee on any terms (including for the receipt of moneys) in relation to any document or asset it holds on the terms of the trust this Agreement as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any other document relating to the trust created under this Agreement and the Security Agent shall will not be bound to supervise or be in any way responsible or liable for any loss, liability, expense, demand, cost, claim loss or proceedings incurred by reason liability whatsoever any person incurs or any diminution in value arising as a result of the misconduct, omission or default on the part of any person appointed by it under this Agreement such custodian or be bound to supervise the proceedings or acts of any person.nominee. ​ ​ ​

Appears in 1 contract

Samples: Facility Agreement (IHS Holding LTD)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian custodian, agent or nominee on any terms (including for the receipt of moneys) in relation to any document or asset it holds on the terms of the trust this Agreement as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any other document relating to the trust created under this Agreement and the Security Agent shall will not be bound to supervise or be in any way responsible or liable for any loss, liability, expense, demand, cost, claim loss or proceedings incurred by reason liability whatsoever any person incurs or any diminution in value arising as a result of the misconduct, omission or default on the part of any person appointed by it under this Agreement such custodian or be bound to supervise the proceedings or acts of any personnominee.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (IHS Holding LTD)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset assets of the trust created under this Agreement as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or 137 any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Commitment Letter

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust assets held by it in its capacity as Security Agent as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement Transaction Security and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Loan Agreement (Hanarotelecom Inc)

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as assets held by the Security Agent as security agent for the Secured Parties may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement any such assets and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any person.

Appears in 1 contract

Samples: Intercreditor Agreement

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any personAgreement.

Appears in 1 contract

Samples: Intercreditor Agreement

Custodians and nominees. The Security Agent may appoint and pay any person to act as a custodian or nominee on any terms in relation to any asset of the trust as the Security Agent may determine, including for the purpose of depositing with a custodian this Agreement or any document relating to the trust created under this Agreement and the Security Agent shall not be responsible for any loss, liability, expense, demand, cost, claim or proceedings incurred by reason of the misconduct, omission or default on the part of any person appointed by it under this Agreement or be bound to supervise the proceedings or acts of any personanyperson.

Appears in 1 contract

Samples: Intercreditor Agreement

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