Common use of Payments to the Security Agent Clause in Contracts

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any Security created by or pursuant to any Security Document becomes enforceable, the Security Agent may require: (a) any Obligor to pay all sums due under any Finance Document; or (b) the Agent to pay all sums received or recovered from an Obligor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Security Documents.

Appears in 17 contracts

Samples: Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA)

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Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any of the Transaction Security created by or pursuant to any Security Document becomes enforceable, the Security Agent may require: (a) any Obligor to pay all sums due from it under any Finance Document; or (b) the Facility Agent to pay all sums received or recovered from an any Obligor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Security Finance Documents.

Appears in 4 contracts

Samples: Term Loan Facility Agreement (Advanced Micro Devices Inc), Term Loan Facility Agreement (Advanced Micro Devices Inc), Term Loan Facility Agreement (Advanced Micro Devices Inc)

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any Security created by or pursuant to any Security Document the Assignment of Insurance Proceeds becomes enforceable, the Security Agent may require: (a) any Obligor the Borrower to pay all sums due under any Finance Document; or (b) the Facility Agent to pay all sums received or recovered from an Obligor the Borrower under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Security DocumentsAssignment of Insurance Proceeds.

Appears in 4 contracts

Samples: Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK)

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any of the Transaction Security created by or pursuant to any Security Document becomes enforceable, the Security Agent may require: (a) any Obligor to pay all sums due under any Finance Document; or (b) require the Facility Agent to pay all sums received or recovered by it from an any Obligor under any Finance Document, in each case as Document to the Security Agent or as it may direct for application in accordance with the terms of the Security Finance Documents.

Appears in 2 contracts

Samples: Loan Agreement (Harry Winston Diamond Corp), Facility Agreement (Harry Winston Diamond Corp)

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any Security created by or pursuant to any Security Document becomes enforceable, the Security Agent may require: (a) the Parent or any Obligor to pay all sums due under any Finance Document; or (b) the Agent to pay all sums received or recovered from the Parent or an Obligor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Security Documents.

Appears in 2 contracts

Samples: Facility Agreement (Allied Healthcare International Inc), Facility Agreement (Allied Healthcare International Inc)

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any Security created by or pursuant to any Security Document becomes enforceable, the Security Agent may require: (a) any Obligor to pay all sums due under any Finance Document; or (b) the an Agent to pay all sums received or recovered from an Obligor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Security Documents.

Appears in 2 contracts

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

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any Security created by or pursuant to any Security Document becomes enforceable, the Security Agent may require: (a) any Obligor to pay all sums due under any Finance Document; or (b) the Facility Agent to pay all sums received or recovered from an Obligor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Security Documents.

Appears in 2 contracts

Samples: Facility Agreement (Multi Fineline Electronix Inc), Facility Agreement (First Solar, Inc.)

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any Transaction Security created by or pursuant to any Transaction Security Document becomes enforceable, the Security Agent may require: (a) any Obligor to pay all sums due under any Finance Document; or (b) the Agent to pay all sums received or recovered from an Obligor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Security Documentsthis Agreement.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.)

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any Security created by or pursuant to any Transaction Security Document becomes enforceable, the Security Agent may require: (a) any Obligor to pay all sums due under any Finance Document; or (b) the Agent to pay all sums received or recovered from an Obligor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Security Documents.

Appears in 1 contract

Samples: Guarantee Facility Agreement (UTAC Holdings Ltd.)

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Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time anytime after any Transaction Security created by or pursuant to any Transaction Security Document becomes enforceable, the Security Agent may require: (a) any Obligor to pay all sums due under any Finance Document; or (b) the Agent to pay all sums received or recovered from an Obligor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Transaction Security Documents.

Appears in 1 contract

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

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any of the Transaction Security created by or pursuant to any Security Document becomes enforceable, the Security Agent may require: (a) any Obligor to pay all sums due from it under any Finance Document; or (b) the Facility Agent to pay all sums received or recovered from an any Obligor under any Finance Document, 130 in each case as the Security Agent may direct for application in accordance with the terms of the Security Finance Documents.

Appears in 1 contract

Samples: Term Facilities and Revolving Credit Agreement (SGL Carbon Aktiengesellschaft)

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any Security Interest created by or pursuant to any Security Document becomes enforceable, the Security Agent may require: (a) any Obligor to pay all sums due under any Finance Document; or (b) the Agent to pay all sums received or recovered from an Obligor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the relevant Security DocumentsDocument.

Appears in 1 contract

Samples: Term Loan Facility (Flex LNG Ltd.)

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any Security created by or pursuant to any Security Document becomes enforceable, the Security Agent may require: (a) any Obligor or the Individual Guarantor to pay all sums due under any Finance Document; or (b) the Agent to pay all sums received or recovered from an Obligor or the Individual Guarantor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Security Documents.

Appears in 1 contract

Samples: Facility Agreement (China Shandong Industries, Inc.)

Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, at any time after any Security created by or pursuant to any Security Document becomes enforceable, the Security Agent may require: (a) any Obligor the Borrower or (as the case may be) the Guarantor to pay all sums due under any Finance Document; or (b) the Facility Agent to pay all sums received or recovered from an Obligor the Borrower or (as the case may be) the Guarantor under any Finance Document, in each case as the Security Agent may direct for application in accordance with the terms of the Security Documents.

Appears in 1 contract

Samples: Facility Agreement (Micron Technology Inc)

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