Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 (Application of receipts), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 6 contracts
Samples: Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 clause 24.3 (Application Instructions to Security Agent and exercise of receiptsdiscretion), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 3 contracts
Samples: And Restatement Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 35.4 (Application of receipts), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 3 contracts
Samples: Facilities Agreement (Ardmore Shipping Corp), And Restatement Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 clause 27.23 (Application of receipts), Instructions to Security Agent) the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 2 contracts
Samples: www.lw.com, Seadrill Partners LLC
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 30.4 (Application of receipts), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 2 contracts
Samples: Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Ardmore Shipping Corp)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 (Application of receipts)this clause 23, the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 2 contracts
Samples: Agreement (Hamilton Insurance Group, Ltd.), Assignment Agreement (Hamilton Insurance Group, Ltd.)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 31.4 (Application of receipts), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 2 contracts
Samples: Assignment Agreement (Star Bulk Carriers Corp.), Assignment Agreement (Ocean Rig UDW Inc.)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 27.23 (Application of receipts), Instructions to Security Agent) the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 1 contract
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 33.6 (Application of receipts), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 1 contract
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 24 (Application Transaction Security) and Clause 25.5 (Instructions to Security Agent and exercise of receiptsdiscretion), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 1 contract
Samples: Agreement (AVG Technologies N.V.)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 24 (Application Enforcement of receiptsTransaction Security) and Clause 23.3 (Instructions to Security Agent and exercise of discretion), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 1 contract
Samples: Loan Note Agreement (Weather Investments II S.a.r.l.)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 25.4 (Application of receipts), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 1 contract
Samples: Assignment Agreement (DryShips Inc.)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 34.6 (Application of receipts), the Security Agent may (but shall not be obliged to), in the absence of any instructions to the contrary, take such action in the exercise of any of its powers and duties under the Finance Documents as it considers in its discretion to be appropriate.
Appears in 1 contract