Security Holder. Any registered holder of Securities outstanding under this Agreement.
Security Holder. 4 Indebtedness.............................................................................................
Security Holder. 3 Indebtedness......................................................................... 3 Indenture............................................................................ 3 Interest............................................................................. 3
Security Holder. 3 Indebtedness . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Indenture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Security Holder. (a) The Security Holder enters into this deed only in its capacity as trustee of the Security Trust and in no other capacity. A liability arising under or in connection with this deed is limited to and can be enforced against the Security Holder only to the extent to which it can be satisfied out of the trust fund of the Security Trust out of which the Security Holder is actually indemnified for the liability, except in the case of fraud, wilful misconduct, gross negligence or breach of trust. This limitation of the Security Holder’s liability applies despite any other provision of this deed and extends to all liabilities and obligations of the Security Holder in any way connected with any representation, warranty, conduct, omission, agreement or transaction related to this deed, except in the case of fraud, wilful misconduct, gross negligence or breach of trust.
(b) The parties other than the Security Holder may not sue the Security Holder in connection with this deed in any capacity other than as trustee of the Security Trust, nor may they seek the appointment of a receiver (except in relation to the trust fund of the Security Trust), a liquidator, an administrator or any similar person to the Security Holder or prove in any liquidation, administration or arrangement of or affecting the Security Holder (except in relation to the trust fund of the Security Trust).
(c) The provisions of this clause 1.8 shall not apply to any obligation or liability of the Security Holder to the extent that it is not satisfied because under the trust deed establishing the Security Trust or by operation of law there is a reduction in the extent of the Security Holder’s indemnification out of the assets of the Security Trust, or as a result of the Security Holder’s fraud, wilful misconduct, gross negligence or breach of trust.
(d) In relation to the administration of rights and obligations of the Shipper and the Security Trustee under this deed the Shipper is entitled to deal only with the Security Trustee and is under no obligation or duty to enquire as to the authority of the Security Trustee or to confer with, contact or seek approvals, consents or waivers of any of the Beneficiaries for the time being (past or present) and the Beneficiaries are only entitled to deal with the Shipper through the Security Trustee.
Security Holder. WOODFORD EURASIA ASSETS LTD
Security Holder. 13.1 The Security Holder shall in the case of Parties (other than the Operator and any Affiliate thereof) be the Operator, and, in the case of the Operator and any Affiliate thereof, be the Party from time to time with the largest combined Percentage Interests (other than the Operator and any Affiliate thereof). If any Party should default:-
(i) in providing the required Security by [fourteen (14)] days before each anniversary of the Relevant Date; or
(ii) in maintaining such Security; or
(iii) in paying a Cash Call relating to Decommissioning; the Security Holder shall demand payment under any Security previously provided by such defaulter provided that the Security Holder shall give [three (3)] days' prior notice to the defaulter before calling in the Security and shall not call in the Security, if the default is rectified in such period.
13.2 If default occurs under Clause 13.1(i) above, the demand under the Security will be made within the [fourteen (14)] day period prior to the expiry of the Security.
13.3 If default occurs under Clause 13.1(ii) above, the demand under the Security will be made forthwith.
13.4 If default occurs under Clause 13.1(iii) above, the demand under the Security will be made no later than [fourteen (14)] days following the date on which the Security Holder becomes aware such Cash Call has not been paid.
13.5 Upon receipt of any such payment under Clause 13.1 by reason of the defaulter's failure to provide or maintain Security or to pay a Cash Call relating to Decommissioning, the receipt shall be held by the Security Holder as trustee for all the Parties and, save for any sums required to meet any Cash Call relating to Decommissioning then outstanding against such defaulter, be invested in Acceptable Securities by the Security Holder. The interest on such deposit will be held by the Security Holder as trustee for all the Parties until all the Decommissioning liabilities of the defaulter have been satisfied. The Security Holder shall apply such payment and any interest as necessary to providing and/or maintaining the defaulter's Security and/or to paying the defaulter's share of Decommissioning Costs, and shall thereafter, provided the defaulter has remedied its default to each non-defaulter, release any resulting balance to the defaulter. For the avoidance of doubt, any liability (including tax liability) or costs and/or expenses relating to the Security or its proceeds borne by the Security Holder in the exercise of its right...
Security Holder. Phillip Kelly Address: Phillip Kelly Vsource, Inc. 16875 West Berxxxxx Xxxxx Suite 250 San Dixxx, Xxxxxxxxxx 00000 USA Facsimile: 1 (858) 618-5904 with a copy to: Address: Vsource (Asia) Ltd Xxxx 501, AXA Centre 151 Gloucester Road, Wanchai Xxxx Xxxx Xxxx: Xxxxxxx Xxxxxxx Xxxxxxxxx: (000) 0000-0000 SIGNATURE PAGE TO CONVERTIBLE SECURITIES XXXXXXXX XXXXXXENT
Security Holder. John Cantillon Address: John Cantillon Level 12, Mxxxxx XXX No. 3, Xxxxx Xxx Xxxg 50450 Kuala Lumpur, Malaysia Facsixxxx: (00) 0 0000-0000 xxxx x xxxx xx: Xxxxxxx: Xxxxxce (Asia) Ltd Xxxx 501, AXA Centre 151 Gloucester Road, Wanchai Xxxx Xxxx Xxxx: Xxxxxxx Xxxxxxx Xxxxxxxxx: (000) 0000-0000 SIGNATURE PAGE TO CONVERTIBLE SECURITIES EXXXXXXX XXXXXXXNT
Security Holder. Dennis Smith Address: Dennis Smith Vsource (Asia) Xxx Unit 501, XXX Xxxxxx 151 Gloucester Road, Wanchai Xxxx Xxxx Xxxxxxxxx: (000) 0000-0000 xxxx x xxxx xx Xxxxxxx Xxxxxxx xx Xxxxrce at the same axxxxxx SIGNATURE PAGE TO CONVERTIBLE SECURITIES EXCHANGE AGREEMENT SECURITY HOLDER: MERCANTILE CAPITAL PARTNERS I, L.P. By: Mercantile Capital Group, LLC, its general partner By: Mercantile Capital Management Corp., its manager By: -------------------------------- Name: I. Steven Edelson Title: Managing Director ASIA INTERXXX XXXXXXXXXX GROUP I, LLC By: Asia Investing Group, L.P., its managing member By: Asia Investors Group, LLC, its general partner By: Mercantile Asia Investors, L.P., its managing member By: Mercantile Asia, LLC, its general partner By: ------------------------------------------- Name: I. Steven Edelson Title: Managing Member Addrexx xxx xxx xxxegoing Investors: with a copy to: 1372 Shermer Road Michael Altman, Esq. Xxxxxxxxxx, XX 60062 USA Xxxxxxxxx & Xxay Attn: X. Xxxxxx Xxxxxxx 10 South Wacker Xxxxe Xxxxxxx, XX 00000 Xxxxxxxxx: 1 (847) 509-3715 Facsxxxxx: 0 (000) 015-4800 SIGNATURE PAGE TO CONVERTIBLE SECURITIES EXXXXXXX XXXXXXXXT SECURITY HOLDER: BAPEF INVESTMENTS XII LTD. By: ------------------------------------ Name: ----------------------------------- Title: Director Address: BAPEF Investments XII Ltd. PO Box 431 13-15 Victoria Road St. Peter's Port Xxxxnsey GY1 3ZD Facsimile: (44) 1481 715 210 Xxx xxx xxxxxxxxx xx : Xxxxxx Xxxxxx xxth a copy to: Xxxxxx Xxxxxxe Equity Partners (Hong Kxxx) Xxx. 39th Floor One International Finance Centre 1 Harbour View Street Central, Hong Kong Facsimile: (000) 0000 0000 Xxx xxx xxxxxxxxx xx: Xxxx Xxxxxx/Xxxxxx Xhaw/Stuart Hoxx xxxx x xxxx to: Address: Scoxx Xxxxxx Xxxxxx Xxxman White & McAuliffe, LLP Xxxx 0000-0000, 00xx Xxxxx, Xxx Xenter 99 Queen's Road Central, Hong Kong Xxxxxxxxx: (000) 0000-0000 XXXXXXXXX XXXX XX XXXXXXXXXXX SECURITIES EXXXXXXX XXXXXXXNT EXHIBIT A LIST OF SECURITY HOLDERS
