Common use of Security Trustee’s ongoing costs Clause in Contracts

Security Trustee’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Trustee, acting reasonably, considering it necessary or expedient or (iii) the Security Trustee being requested by an Obligor or the Majority Lenders to undertake duties which the Security Trustee and the Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Documents, the Company shall pay to the Security Trustee any additional remuneration that may be agreed between them.

Appears in 3 contracts

Samples: And Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC), Facilities Agreement (Liberty Global PLC)

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Security Trustee’s ongoing costs. (a) In the event of (i) the occurrence of a Default or (ii) the Security Trustee, acting reasonably, Trustee considering it necessary or expedient or (iii) the Security Trustee being requested by an Obligor or the Majority Lenders Lender to undertake duties which the Security Trustee and the Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Documents, the Company shall pay to the Security Trustee any additional remuneration that may be agreed between them.

Appears in 3 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)

Security Trustee’s ongoing costs. (a) In the event of (i) the occurrence of a Default or (ii) the Security Trustee, acting reasonably, Trustee considering it necessary or expedient or (iii) the Security Trustee being requested by an any Obligor or the Majority Lenders to undertake duties which the Security Trustee and the Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Documents, the Company shall pay to the Security Trustee any additional remuneration that may be agreed between them.

Appears in 2 contracts

Samples: Agreement (Montpelier Re Holdings LTD), Agreement (Montpelier Re Holdings LTD)

Security Trustee’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Trustee, acting reasonably, Trustee considering it necessary or expedient or (iii) the Security Trustee being requested by an Obligor or the Majority Lenders to undertake duties which the Security Trustee and the Company Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Documents, the Company Borrower shall pay to the Security Trustee any additional remuneration that may be agreed between them.

Appears in 2 contracts

Samples: Agreement (Opto Circuits (India) LTD), Agreement (Cascal N.V.)

Security Trustee’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Trustee, acting reasonably, Trustee considering it necessary or expedient or (iii) the Security Trustee being requested by a Debtor or an Obligor Instructing Group or the Majority Lenders any Representative to undertake duties which the Security Trustee and the Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Debt Documents, the Company shall pay to the Security Trustee any additional remuneration (together with any applicable VAT) that may be agreed between them.

Appears in 1 contract

Samples: Intercreditor Agreement (InterXion Holding N.V.)

Security Trustee’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Trustee, acting reasonably, considering it necessary or expedient or (iii) the Security Trustee being requested by an Obligor or the Majority Lenders to undertake duties which the Security Trustee and the Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Documents, 63529049_1 the Company shall pay to the Security Trustee any additional remuneration that may be agreed between them.

Appears in 1 contract

Samples: Additional Facility Accession Agreement (Liberty Global PLC)

Security Trustee’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Trustee, acting reasonably, Trustee considering it necessary or expedient or (iii) the Security Trustee being requested by an Obligor or the Majority Lenders to undertake duties which the Security Trustee and the Company Parent agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Documents, the Company Parent shall pay to the Security Trustee any additional remuneration that may be agreed between them.

Appears in 1 contract

Samples: Facilities Agreement (Genesco Inc)

Security Trustee’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Trustee, acting reasonably, considering it necessary or expedient or (iii) the Security Trustee being requested by an Obligor or the Majority Lenders to undertake duties which the Security Trustee and the Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Documents, 63140965_9 the Company shall pay to the Security Trustee any additional remuneration that may be agreed between them.

Appears in 1 contract

Samples: And Restatement Agreement (Liberty Global PLC)

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Security Trustee’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Trustee, acting reasonably, Trustee considering it necessary or expedient or (iii) the Security Trustee being requested by an Obligor the Borrower or the Majority Lenders to undertake duties which the Security Trustee and the Company Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Documents, the Company Borrower shall pay to the Security Trustee any additional remuneration that may be agreed between them.

Appears in 1 contract

Samples: Facility Agreement (Melco PBL Entertainment (Macau) LTD)

Security Trustee’s ongoing costs. (a) In the event of (i) the occurrence of a Default or (ii) the Security Trustee, acting reasonably, Trustee considering it necessary or expedient or (iii) the Security Trustee being requested by an Obligor or the Majority Lenders to undertake duties which the Security Trustee and the Company Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Documents, the Company Borrower shall pay to the Security Trustee any additional remuneration that may be agreed between them.

Appears in 1 contract

Samples: Agreement (Fx Energy Inc)

Security Trustee’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Trustee, acting reasonably, Trustee considering it necessary or expedient or (iii) the Security Trustee being requested by a Debtor or an Obligor or the Majority Lenders Instructing Group to undertake duties which the Security Trustee and the Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Debt Documents, the Company shall pay to the Security Trustee any additional remuneration (together with any applicable VAT) that may be agreed between them.

Appears in 1 contract

Samples: Note Purchase Agreement (Luxfer Holdings PLC)

Security Trustee’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Trustee, acting reasonably, Trustee considering it necessary or expedient or (iii) the Security Trustee being requested by an Obligor or the Majority Lenders to undertake duties which the Security Trustee and the Company Parent agree to be of an exceptional nature and/or outside 66 the scope of the normal duties of the Security Trustee under the Finance Documents, the Company Parent shall pay to the Security Trustee any additional remuneration that may be agreed between them.

Appears in 1 contract

Samples: Facilities Agreement (Genesco Inc)

Security Trustee’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Trustee, acting reasonably, Trustee considering it necessary or expedient or (iii) the Security Trustee being requested by an Obligor or an Instructing Group or the Majority Junior Lenders to undertake duties which the Security Trustee and the Company Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Trustee under the Finance Documents, the Company Borrower shall pay to the Security Trustee any additional remuneration (together with any applicable VAT) that may be agreed between them.

Appears in 1 contract

Samples: Intercreditor Agreement (Kosmos Energy Ltd.)

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