No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Transaction Security Documents except through the Security Trustee.
Appears in 3 contracts
Samples: Amendment and Restatement Agreement (Genesco Inc), Amendment and Restatement Agreement (Genesco Inc), Facility Agreement (Cascal N.V.)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security Collateral or to exercise any rights or powers arising under the Transaction Security Finance Documents in relation to the Collateral except through the Security Trustee.
Appears in 2 contracts
Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Transaction Security Documents except through the Security TrusteeAgent.
Appears in 2 contracts
Samples: Facility Agreement (Golden Meditech Holdings LTD), Facility Agreement (China Mengniu Dairy Co LTD)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Transaction Security Documents except through the Security Trustee.
Appears in 2 contracts
Samples: £110,000,000 Standby Letter of Credit Facility Agreement (Montpelier Re Holdings LTD), Standby Letter of Credit Facility Agreement (Montpelier Re Holdings LTD)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Transaction New Security Documents Agreement except through the Security Trustee.
Appears in 2 contracts
Samples: Committed Multicurrency Revolving Facility Agreement (Marconi Corp PLC), Committed Multicurrency Revolving Facility Agreement (Marconi Corp PLC)
No independent power. The Other than as expressly permitted by this Agreement, the Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Finance Documents creating the Transaction Security Documents except through the Security TrusteeAgent.
Appears in 2 contracts
Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Sponsor Guarantees or Other Security or to exercise any rights or powers arising under the Transaction Sponsor Guarantees or any Other Security Documents except through the Security Trustee.
Appears in 1 contract
Samples: Facility Agreement (Melco PBL Entertainment (Macau) LTD)
No independent power. The Finance Parties shall not have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any rights or powers arising under the Transaction Security Documents Agreement except through the Security Trustee.
Appears in 1 contract
Samples: Committed Multicurrency Revolving Facility Agreement (Marconi Corp PLC)
