Duties of the GIEK Facility Agent. The GIEK Facility Agent shall not have any duties or responsibilities except those expressly set forth in the Finance Documents, and the GIEK Facility Agent’s duties under the Finance Documents are solely mechanical and administrative in nature. The GIEK Facility Agent shall: (a) promptly forward to a Party the original or a copy of any document which is delivered to it in its capacity as GIEK Facility Agent for the attention of that Party by another Party; (b) supply the other Finance Parties with all material information which the GIEK Facility Agent receives from the Borrower; (c) if it receives notice from a Party referring to this Agreement, describing an Event of Default and stating that the circumstance is an Event of Default, promptly notify the Finance Parties; and (d) from when it receives sufficient information; promptly notify the GIEK Lenders of the occurrence of any Event of Default arising under Clause 19 (Events of Default).
Appears in 4 contracts
Samples: Senior Secured Term Loan Facility Agreement, Senior Secured Term Loan Facility Agreement, Senior Secured Term Loan Facility Agreement (Seadrill Partners LLC)
