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: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 16 (Application Enforcement of receiptsTransaction Security) and Clause 21.5 (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 Debt Documents as it considers in its good faith discretion to be appropriate.
Appears in 5 contracts
Samples: Additional Facility T Accession Deed (Liberty Global PLC), Additional Facility S Accession Deed (Liberty Global PLC), Additional Facility Accession Deed (Liberty Global PLC)
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: Term and Accordion Facilities Agreement (Ardmore Shipping Corp), Loan Agreement (Ardmore Shipping Corp), Term, Revolving and Accordion Facilities 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: Amendment and Restatement Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.)
Security Agent’s Actions. Without prejudice to the provisions of Clause 33.4 26.3 (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: Facility Agreement (PCGI Intermediate Holdings LTD), Loan Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD)
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: Secured Credit Facility Agreement, Secured Credit Facility Agreement (Seadrill Partners LLC)
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: Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Amendment and Restatement 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: Term Loan Facility (Star Bulk Carriers Corp.), Term Loan Agreement (Ocean Rig UDW Inc.)
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: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)
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: Term Loan and Multicurrency Revolving Facilities Agreement (AVG Technologies N.V.)
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
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: Term Loan Facility (DryShips 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
Samples: China Eca Facility Framework Agreement (Seadrill Partners LLC)
