Common use of Possession of Documents Clause in Contracts

Possession of Documents. The Interim Security Agent is not obliged to hold in its own possession any Interim Security Document, title deed or other document in connection with any asset over which a Security Interest is intended to be created by an Interim Security Document. Without prejudice to the above, the Interim Security Agent may allow any bank providing safe custody services or any professional adviser to the Interim Security Agent to retain any of those documents in its possession.

Appears in 5 contracts

Samples: Commitment Letter, Commitment Letter (Atlas Investissement), Interim Facilities Agreement (Quanex Building Products CORP)

AutoNDA by SimpleDocs

Possession of Documents. The Interim Security Agent is not obliged to hold in its own possession any Interim the Security DocumentDocuments, title deed or other document in connection with any asset over which a Security Interest security is intended to be created by an Interim the Security DocumentDocuments. Without prejudice to the above, the Interim Security Agent may allow any bank providing safe custody services or any professional adviser to the Interim Security Agent to retain any of those documents in its possession.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement, Commitment Letter, Interim Facility Agreement

Possession of Documents. The Interim Security Agent is not obliged to hold in its own possession any Interim Security Document, title deed or other document in connection with any asset over which a Security Interest security is intended to be created by an Interim a Security Document. Without prejudice to the above, the Interim Security Agent may allow any bank providing safe custody services or any professional adviser to the Interim Security Agent to retain any of those documents in its possession.

Appears in 2 contracts

Samples: Interim Facilities Agreement, Interim Facilities Agreement

Possession of Documents. The Interim Security Agent is not obliged to hold in its own possession any Interim Security Document, title deed or other document in connection with any asset over which a Security Interest security is intended to be created by an Interim Security Document. Without prejudice to the above, the Interim Security Agent may allow any bank providing safe custody services or any professional adviser advisor to the Interim Security Agent to retain any of those documents in its possession.

Appears in 1 contract

Samples: Interim Facility Agreement

AutoNDA by SimpleDocs

Possession of Documents. The Interim Security Agent is not obliged to hold in its own possession any Interim Security Document, title deed or other document in connection with any asset over which a Security Interest security is intended to be created by an Interim Security Document. Without prejudice to the above, the Interim Security Agent may allow any bank providing safe custody services or any professional adviser to the Interim Security Agent to retain any of those documents in its possession.

Appears in 1 contract

Samples: Interim Facilities Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!