Security Agent’s communications with Primary Creditors Sample Clauses
The 'Security Agent’s communications with Primary Creditors' clause defines the procedures and expectations for how the security agent interacts and shares information with the primary creditors involved in a financing arrangement. Typically, this clause outlines the types of information the security agent must provide, such as updates on collateral status, enforcement actions, or default events, and may specify the frequency or manner of such communications. By establishing clear communication protocols, the clause ensures that primary creditors remain informed about matters affecting their interests, thereby promoting transparency and coordination among the parties.
Security Agent’s communications with Primary Creditors. The Security Agent shall be entitled to carry out all dealings:
(a) with the Secured Parties through their respective Agents and may give to the Agents, as applicable, any notice or other communication required to be given by the Security Agent to a Secured Party;
(b) with each Hedge Counterparty directly with that Hedge Counterparty; and A44420063
(c) with each Operating Facility Lender directly with that Operating Facility Lender.
Security Agent’s communications with Primary Creditors. The Security Agent shall be entitled to carry out all dealings:
(a) with the Senior Lenders, the Second Lien Creditors, the Arrangers, the Senior Secured Notes Creditors, the Pari Passu Creditors, the High Yield Creditors and the Unsecured Creditors through their respective Agents and may give to the Agents, as applicable, any notice or other communication required to be given by the Security Agent to a Senior Lender, a Second Lien Creditor, an Arranger, the Senior Secured Notes Creditors, the Pari Passu Creditors, the High Yield Creditors or the Unsecured Creditors; and
(b) with each Hedge Counterparty directly with that Hedge Counterparty.
Security Agent’s communications with Primary Creditors. The Security Agent shall be entitled to carry out all dealings with the Super Senior Credit Facility Lenders, Pari Passu Noteholders and Pari Passu Lenders through their respective Creditor Representatives and shall give to the Creditor Representatives, as applicable, any notice, document or other communication required to be given by the Security Agent to a Super Senior Credit Facility Lender, Pari Passu Noteholder or Pari Passu Lender.
Security Agent’s communications with Primary Creditors. The Security Agent shall be entitled to carry out all dealings with the Senior Creditors through the Senior Agent and the Junior Lenders (or Junior Trustee on their behalf) directly and may give to the Senior Agent or the Junior Lenders or Junior Trustee on their behalf, as applicable, any notice or other communication required to be given by the Security Agent to a Senior Creditor or Junior Lender.
Security Agent’s communications with Primary Creditors. The Security Agent shall be entitled to carry out all dealings:
a) with the RCF Lenders and Pari Passu Bondholders through their respective Creditor Representatives and may give to the Creditor Representatives, as applicable, any notice, document or other communication required to be given by the Security Agent to a RCF Lender or Pari Passu Bondholder; and
b) with each Hedge Counterparty directly with that Hedge Counterparty.
Security Agent’s communications with Primary Creditors. The Security Agent shall be entitled to carry out all dealings (a) with the Senior Secured Lenders, the Pari Passu Creditors, Second Lien Debt Creditors and the Additional Unsecured Debt Creditors through their respective Representatives and may give to the Representatives, as applicable, any notice or other communication required to be given by the Security Agent to a Senior Secured Lender, Pari Passu Creditor, Second Lien Debt Creditor or Additional Unsecured Debt Creditor; (b) with each Hedge Counterparty directly with that Hedge Counterparty; and (c) with each Cash Management Provider directly with that Cash Management Provider.
Security Agent’s communications with Primary Creditors. (a) The Senior Security Agent shall be entitled to carry out all dealings with the Primary Creditors through its respective Facility Agent and may give to the relevant Facility Agent, as applicable, any notice, document or other communication required to be given by the Senior Security Agent to such Primary Creditor.
(b) The Second Lien Security Agent shall be entitled to carry out all dealings with the Second Lien Creditors through the Second Lien Facility Agent and may give to the Second Lien Facility Agent, any notice, document or other communication required to be given by the Second Lien Security Agent to a Second Lien Creditor.
Security Agent’s communications with Primary Creditors. The Security Agent shall be entitled to carry out all dealings with the Credit Facility Lenders, Senior Secured Noteholders and Second Lien Noteholders through their respective Creditor Representatives and may give to the Creditor Representatives, as applicable, any notice or other communication required to be given by the Security Agent to a Credit Facility Lender, Senior Secured Noteholder or Second Lien Noteholder.