Examples of English Security Documents in a sentence
The Administrative Agent shall also act as security trustee in relation to the security created or evidenced by the English Security Documents.
The Administrative Agent and the Lenders shall have received copies of (i) this Agreement, (ii) the Reaffirmation Agreement, (iii) the Disbursement Letter, (iv) the Intellectual Property Security Agreements, (v) the Supplemental English Security Documents, (v) the Restatement Date Security Agreement Supplement and (vi) the Notes, if any, in each case, executed and delivered by each Credit Party which is a party thereto.
It is understood and agreed that the Administrative Agent shall not have any duties or responsibilities, except those set forth in the English Security Documents, or any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into any Loan Document or otherwise exist against the Administrative Agent.
Except where the Collateral Agent holds a legal mortgage over, or over an interest in, real property or shares, the Collateral Agent in its capacity as trustee or otherwise shall not be under any obligation to hold any title deeds, English Security Documents or any other documents in connection with the property charged by any English Security Document or any other such security in its own possession or to take any steps to protect or preserve the same.
Each Secured Party authorizes, empowers and directs the Collateral Agent (by itself or by such person as it may nominate) to execute and enforce the English Security Documents as trustee on its behalf in accordance with the terms of such English Security Documents.