Common use of Rights of Security Agent Clause in Contracts

Rights of Security Agent. The Security Agent shall have all the rights, privileges and immunities which gratuitous trustees have or may have in England, even though it is entitled to remuneration.

Appears in 23 contracts

Samples: Agreement (Mechel OAO), Facility Agreement (Mechel OAO), Facilities Agreement (Marine Harvest ASA)

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Rights of Security Agent. The For purposes of Security granted under the laws of England and Wales, the Security Agent shall have all the rights, privileges and immunities which gratuitous trustees have or may have in England, even though it is entitled to remuneration.

Appears in 1 contract

Samples: Intercreditor Agreement (Lyondell Chemical Co)

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