Common use of Duties of the Security Agent Clause in Contracts

Duties of the Security Agent. The Security Agent's duties under the Finance Documents are solely mechanical and administrative in nature.

Appears in 6 contracts

Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)

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Duties of the Security Agent. The Security Agent's ’s duties under the Finance Documents are solely mechanical and administrative in nature.

Appears in 1 contract

Samples: Term Loan Facility (Navios Maritime Partners L.P.)

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