Common use of Security Agent as holder of security Clause in Contracts

Security Agent as holder of security. Unless expressly provided to the contrary, the Security Agent holds any security created by a Transaction Security Document as agent for the relevant Secured Parties.

Appears in 3 contracts

Samples: Supplemental Agreement (Iridium Communications Inc.), Loan Agreement (Iridium Communications Inc.), Facility Agreement (Iridium Communications Inc.)

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Security Agent as holder of security. Unless expressly provided to the contrarycontrary in any Finance Document, the Security Agent holds any security created by a Transaction Security Document as agent on trust for the relevant Secured Finance Parties.

Appears in 1 contract

Samples: Credit Agreement (Merix Corp)

Security Agent as holder of security. Unless expressly provided to the contrarycontrary in any Finance Document, the Security Agent declares that it holds any security created by a Transaction Security Document as agent the Account Charge and the proceeds of that security on trust for the relevant Secured PartiesFinance Parties on the terms contained in this Agreement.

Appears in 1 contract

Samples: Facility Agreement (eHi Car Services LTD)

Security Agent as holder of security. Unless expressly provided to the contrary, the Security Agent holds any security created by a Transaction Security Document as agent for in accordance with paragraph 16 of Schedule 7 (Security Agent) of the relevant Secured PartiesPriority Agreement.

Appears in 1 contract

Samples: Credit Facilities Agreement (Hungarian Telephone & Cable Corp)

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Security Agent as holder of security. Unless expressly provided to the contrary, the Security Agent holds any security or manages the Security created by a Transaction under the Security Document as agent for on behalf of the relevant Secured Finance Parties.

Appears in 1 contract

Samples: Facility Agreement (Legrand Holding Sa)

Security Agent as holder of security. Unless expressly provided to the contrary, the Security Agent holds any security created by a Transaction Security Document as agent on trust for the relevant Secured Finance Parties.

Appears in 1 contract

Samples: Uk Propco Facility Agreement (Toys R Us Inc)

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