Existing Security Agent definition

Existing Security Agent means, with respect to any Existing Facility Agreement, the person (if any) appointed as the security agent or the security trustee of the Lenders in relation to such Existing Facility under the relevant Existing Finance Documents.
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Existing Security Agent means GLAS Trust Corporation Limited in its capacity as “Security Agent” under the Existing Senior Secured Notes Indentures, the Existing Intercreditor Agreement and the RCF;
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Existing Security Agent means Standard Bank Offshore Trust Company Jersey Limited.
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Examples of Existing Security Agent in a sentence

  • The Bank Finance Parties in respect of each Secured Facilities Agreement may enforce the relevant First Ranking Asset Level Security through the relevant Existing Security Agent in accordance with the terms of the relevant Bank Finance Documents subject to ongoing regular notification to the Common Security Agent and the Noteholders’ Security Agent and keeping them updated at regular intervals on the progress of the enforcement action.

  • The Existing Security Agent will not be liable to any Creditor to the extent that the loss or liability is directly attributable to any act or omission of the Existing Security Agent before the date of this Agreement.

  • CNL then compiles and reports all data to the NPS as noted above.

  • Each Shipowner shall punctually pay all premiums or other sums payable in respect of the obligatory insurances and produce all relevant receipts when so required by the Common Security Agent or relevant Existing Security Agent, as applicable.

  • The Software is not a stand-alone executable application; it is an ‘extension’ to be used with third-party software, which is not part of this Software.

  • The Existing Security Agent and Sxxxxx PLC are entering into this Agreement solely for the purposes of giving effect to Clause 27 (Amendments to Existing Arrangements).

  • Each Shipowner, at its sole expense, shall submit the Ship owned by it regularly to all periodical or other surveys which may be required for classification purposes and, if so required by the Common Security Agent or relevant Existing Security Agent, as applicable, provide the Common Security Agent or relevant Existing Security Agent, as applicable, at that Shipowner's sole expense, with copies of all survey reports.

  • Notwithstanding any other provision of this Agreement, the Existing Security Agent shall retain the benefit of any indemnity granted in its favour under any Existing IP Transaction Security Document with respect to any matters or events occurring before the date of this Agreement.

  • The Existing Security Agent (at the cost of the Company) undertakes in favour of the New Security Agent to do all such acts and things and execute all such further agreements, deeds or other documents as the New Security Agent may reasonably require to ensure that its entitlement under the Finance Documents as Security Agent are vested in the New Security Agent.

  • The Existing Security Agent shall have tendered to Owner the Existing Security Release, against receipt of the Redemption Price (as defined in Schedule 2), and the Existing Security Release shall be prepositioned with FAA counsel to be filed promptly on the Closing Date after receipt of the Redemption Price by the Existing Trustee.


More Definitions of Existing Security Agent

Existing Security Agent means WTC, in its capacity as Security Agent under the Existing Security Agreement.
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Existing Security Agent means Nordic Trustee ASA, in its capacity as security agent and/or security trustee pursuant to clause 17.4 of the Existing Bond Agreement.
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Existing Security Agent means the deed of undertaking entered into or to be entered into by the Existing Security Agent pursuant to which the ExistingA19484884Undertaking Deed” Security Agent agrees to execute or procure to be executed all such documents, and to do or procure to be done all such acts and things as may be necessary or desirable to be done by it for the purposes of giving effect to the Senior Secured Scheme and to be bound by and perform the terms of the Senior Secured Scheme;
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Existing Security Agent means RBC Europe Limited as security agent under the Existing Junior Facilities Agreement and Existing Senior Facilities Agreement;
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Existing Security Agent means The Royal Bank of Scotland PLC in its capacity as security agent under the intercreditor agreement originally dated 2 October 2012 and as amended and restated from time to time between (among others) Vion Holding N.V. as the company, the Seller as original debtor and certain financial institutions as senior lenders, subordinated lenders, bilateral lenders and/or hedge counterparties.
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Related to Existing Security Agent

  • Existing Security Agreement has the meaning set forth in the recitals hereto.

  • Existing Security means any Security granted by any Person over its Assets in respect of any Relevant Indebtedness and which is existing at the relevant Issue Date or at the time any such Person becomes a Material Subsidiary or whose business and/or activities, in whole or in part, are assumed by or vested in the Issuer or a Material Subsidiary after the relevant Issue Date (other than any Security created in contemplation thereof) or any substitute Security created over those Assets (or any part thereof) in connection with the refinancing of the Relevant Indebtedness secured on those Assets provided that the principal, nominal or capital amount secured on any such Security may not be increased;

  • Existing Security Documents shall have the meaning assigned to such term in the recitals hereto.

  • Controlling Secured Parties means, with respect to any Shared Collateral, the Series of First Lien Secured Parties whose Authorized Representative is the Applicable Authorized Representative for such Shared Collateral.

  • Non-Controlling Secured Parties means, with respect to any Shared Collateral, the First Lien Secured Parties which are not Controlling Secured Parties with respect to such Shared Collateral.

  • Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof.

  • Security Agent means the Bond Trustee or any successor Security Agent, acting for and on behalf of the Secured Parties in accordance with any Security Agent Agreement or any other Finance Document.

  • voting security means a security of the Company that:

  • Existing Securities means, collectively, the Equity Securities and the Debt Securities.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • participating security means a security title to units of which is permitted by an operator to be transferred by means of a relevant system;

  • Parent Pledge Agreement means the parent pledge agreement dated as of the Effective Date executed in favor of the Administrative Agent, for the benefit of the Secured Parties, by the Borrower, as amended or modified from time to time in accordance with the terms hereof.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • Proceeds Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or prior to the First Issue Date in respect of a first priority pledge over the Proceeds Account and all funds held on the Proceeds Account from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).

  • Subsidiary Security Agreement means the Subsidiary Security Agreement executed and delivered by existing Subsidiary Guarantors and Administrative Agent on the Closing Date and to be executed and delivered by any additional Subsidiary Guarantors from time to time thereafter in accordance with subsection 6.8, substantially in the form of Exhibit XVII annexed hereto, as such Subsidiary Security Agreement may be amended, supplemented or otherwise modified from time to time.

  • Performing Second Lien Bank Loans means Second Lien Bank Loans which are Performing.

  • Company Security Agreement means the Company Security Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIV annexed hereto, as such Company Security Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Noteholders.

  • Copyright Security Agreement means each Copyright Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit A.

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Dutch Security Documents means the Dutch Security Agreements, the Dutch Share Pledges, and each other agreement, document or instrument executed by any Loan Party governed by Dutch law which provides for a Lien in favor of the Agent as security for any of the Obligations.

  • Borrower Pledge Agreement means the Pledge Agreement of even date herewith executed by Borrower in favor of Agent, on behalf of itself and Lenders, pledging all Stock of its Subsidiaries, if any, and all Intercompany Notes owing to or held by it.

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Existing Mortgages means any mortgage, deed of trust or deed delivered pursuant to the Existing Credit Agreement including any amendments, modifications, restatements or assignments thereof.

  • Pledge and Security Agreement means the Pledge and Security Agreement to be executed by Company and each Guarantor substantially in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.