Common use of The Agent and the Security Agent Clause in Contracts

The Agent and the Security Agent. (a) Each of the Arranger and the Lenders appoints the Agent to act as its agent under and in connection with the Finance Documents. (b) The Security Agent declares that it holds the Security Property on trust for the Secured Parties on the terms contained in this Agreement. (c) Each of the Finance Parties authorises the Agent and the Security Agent to perform the duties, obligations and responsibilities and to exercise the rights, powers, authorities and discretions specifically given to the Agent and the Security Agent (as applicable) under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.

Appears in 2 contracts

Samples: Facility Agreement (Northstar Realty Finance Corp.), Facility Agreement (NorthStar Healthcare Income, Inc.)

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The Agent and the Security Agent. (a) Each of the Arranger MLAB and the Lenders appoints the Agent to act as its agent under and in connection with the Finance Documents. (b) The Security Agent declares that it holds the Security Property on trust for the Secured Parties on the terms contained in this AgreementAgreement and the other Finance Documents. (c) Each of the Finance Parties authorises the Agent and the Security Agent to perform the duties, obligations and responsibilities and to exercise the rights, powers, authorities and discretions specifically given to the Agent and the Security Agent (as applicable) under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.

Appears in 1 contract

Samples: Facility Agreement (Advanced Technology (Cayman) LTD)

The Agent and the Security Agent. (a) Each of the Arranger and the Lenders appoints the Agent to act as its agent under and in connection with the Finance Documents. (b) The Security Agent declares that it holds the Security Property on trust for the Secured Parties on the terms contained in this Agreement. (c) Each of the Finance Parties authorises the Agent and the Security Agent to perform the duties, obligations and responsibilities and to exercise the rights, powers, authorities and discretions specifically given to the Agent and the Security Agent (as applicable) under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.

Appears in 1 contract

Samples: Sterling Term Facility Agreement (American Realty Capital Global Trust, Inc.)

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The Agent and the Security Agent. (a) Each of the Arranger Arranger, and the Lenders appoints the Agent to act as its agent under and in connection with the Finance Documents. (b) The Security Agent declares that it holds the Security Property on trust for the Secured Parties on the terms contained in this AgreementAgreement and the other Finance Documents. (c) Each of the Finance Parties authorises the Agent and the Security Agent to perform the duties, obligations and responsibilities and to exercise the rights, powers, authorities and discretions specifically given to the Agent and the Security Agent (as applicable) under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.

Appears in 1 contract

Samples: Facility Agreement (Diodes Inc /Del/)

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