Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Security Documents except through the Security Agent.
Appears in 26 contracts
Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Agreement (Cboe Global Markets, Inc.), Agreement (Navios Maritime Partners L.P.)
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Transaction Security Documents except through the Security Agent.
Appears in 12 contracts
Samples: Agreement (Advanced Technology (Cayman) LTD), Agreement, Agreement (Diodes Inc /Del/)
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Security Documents (other than the Senior Loan Agreement in accordance with this Agreement) except through the Security Agent.
Appears in 2 contracts
Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Transaction Security Documents except through the Security Agent. Instructions as to Enforcement may only be given by the Instructing Group in accordance with the terms of this Agreement.
Appears in 2 contracts
Samples: Intercreditor Agreement (Global Ship Lease, Inc.), Intercreditor Agreement (Global Ship Lease, Inc.)
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Security Documents (other than the Facilities Agreement) except through the Security Agent.
Appears in 1 contract
Samples: www.thesisam.com
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Transaction Security Documents (other than the Senior Facilities Agreement) except through the Security Agent.
Appears in 1 contract
Samples: Intercreditor Agreement
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Security Documents (other than the Senior Term Facilities Agreements) except through the Security Agent.
Appears in 1 contract
Samples: Intercreditor Agreement
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Security Finance Documents except through the Security Agent.
Appears in 1 contract
Samples: Assignment Agreement (Euroseas Ltd.)
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security Security, or to exercise any right, power, authority or discretion arising under the Security Documents except through the Security Agent.
Appears in 1 contract
Samples: Facility Agreement (American Realty Capital Global Trust II, Inc.)
Enforcement through Security Agent only. 27.2.1 The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Security Documents except through the Security Agent.
Appears in 1 contract
Enforcement through Security Agent only. (a) The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Security Documents except through the Security Agent.
Appears in 1 contract
Samples: Agreement
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security Encumbrances or to exercise any right, power, authority or discretion arising under the Security Documents except through the Security AgentAgent (unless a Finance Document requires otherwise).
Appears in 1 contract
Samples: Performance Shipping Inc.
Enforcement through Security Agent only. (a) The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the applicable Security Documents except through the Security Agent.
Appears in 1 contract
Samples: Intercreditor Agreement (Nord Anglia Education, Inc.)
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Security Documents (other than the Facility Agreements) except through the relevant Senior Security Agent.
Appears in 1 contract
Enforcement through Security Agent only. The Secured Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Transaction Security Documents except through the Security Agent.
Appears in 1 contract
