Onshore Security Agent definition

Onshore Security Agent means HSBC Bank Middle East Limited. "Outstanding Bonds" means any Bonds not redeemed or otherwise discharged. "Original Guarantor" means the Parent.
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Onshore Security Agent means the Person agreed between the Company and the Lenders and appointed by the Lenders to act as security trustee for and on behalf of the Finance Parties which executes an Agent Deed of Accession and becomes a party to this Agreement.
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Onshore Security Agent has the meaning given to that term in the Common Terms Agreement.
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Examples of Onshore Security Agent in a sentence

  • MBAC facility HSBC Saudi Arabia limited acts as Inter-creditor Agent and as Commercial Facility Agent, National Commercial bank acts as Dollar Procurement Facility Agent and Riyal Procurement Facility Agent, Bank Al Jazira acts as Wakala Facility Agent, HSBC Saudi Arabia limited acts as Onshore Security Agent and Riyad Bank, London Branch acts as Offshore Security Trustee and Agent.

  • The cadlān are the Onshore Security Agent and the Offshore Security Agent.Implementing the structure involved addressing a variety of legal and financial issues, some of which are noted in this paper.

  • The Bond Trustee will enter into a Security Agency Agreement with the Offshore Security Agent and the Onshore Security Agent.

  • The Earnings Account shall be pledged in favour of the Onshore Security Agent, but not blocked (unless an Event of Default has occurred and is continuing) and the Offshore Account Bank shall waive any set-off rights to such account.(b) Withdrawal from each of the Escrow Account, the Construction Funding Account and the Debt Service Retention Account shall be made by issuing a drawdown notice to the Bond Trustee.

  • As and when needed, cash would then be transferred to an onshore bank account held by the Onshore Security Agent pursuant to Saudi Arabian law.

  • MRC facility Facility Agent, SABB Securities Limited acts as Onshore Security Agent and Riyadh Bank, London Branch acts as Offshore Security Trustee and Agent.

  • Collectively, the Offshore Security Agent and the Onshore Security Agent are referred to as the Security Agents.

  • Pople, Jr. Modeling human intention formation for human reliability assess- ment.

  • Pada tanggal 30 Juni 2010 dan 2009, saldo pinjaman adalah sejumlah JPY540.000.000 atau setara dengan Rp55.394 (2009: JPY2.889.000.000 dan US$7.000.000 atausetara dengan Rp379.510).(2) On 19 June 2008, the Company entered into a term loan facility agreement amounted JPY2,889,000,000 and US$7,000,000 with Standard Chartered Bank, Hongkong branch, acting as the Facility Agent and Offshore Security Agent, while Standard Chartered Bank, Jakarta branch, acting as Lead Arranger and Onshore Security Agent.

  • The shares pledged to the Onshore Security Agent contemplated the Group structure post restructuring which would be held by Metals Exploration Pte Ltd and are summarised as follows: PHILIPPINE ENTITYTable3: Philippine entities shares pledged as of 28 May 2014 The Shares Pledge Agreement terminates at Project Completion.


More Definitions of Onshore Security Agent

Onshore Security Agent means HSBC Bank Middle East Limited.
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Onshore Security Agent means PT. Bank Mizuho Indonesia and its successors.
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Onshore Security Agent and “Finance Party” shall, where the context permits, include their respective successors and permitted assigns and any persons deriving title under them.
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Related to Onshore Security Agent

  • Indenture Secured Parties means the Noteholders.

  • indenture securityholder means a Holder or Securityholder.

  • indenture security holder means a Noteholder.

  • indenture securities means the Notes.

  • obligor on the indenture securities means the Company. All other terms used in this Indenture that are defined by the TIA, defined in the TIA by reference to another statute or defined by SEC rule have the meanings therein assigned to them.

  • Permitted Cure Security means an equity security of the Borrower having no mandatory redemption, repurchase or similar requirements prior to 91 days after the Latest Maturity Date of all Classes of Loans or Commitments, and upon which all dividends or distributions (if any) shall be payable solely in additional shares of such equity security.

  • other indenture securities means securities upon which the Company is an obligor outstanding under any other indenture (i) under which the Trustee is also trustee, (ii) which contains provisions substantially similar to the provisions of this Section, and (iii) under which a default exists at the time of the apportionment of the funds and property held in such special account.

  • Permitted Cure Securities means any equity securities of the Borrower, Holdings or any Parent Entity issued pursuant to the Cure Right other than Disqualified Stock.

  • indenture to be qualified means this Indenture.

  • Delaware Secretary means the Secretary of State of the State of Delaware.

  • Guarantor Request and "Guarantor Order" mean, respectively, a written request or order, as the case may be, signed in the name of the Guarantor by the Chairman of the Board, a Vice Chairman, the President or a Vice President, and by the Treasurer or an Assistant Treasurer, the Secretary or an Assistant Secretary, of the Guarantor and delivered to the Trustee.

  • Obligor on the indenture securities means the Issuer and any other obligor on the indenture securities. All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission rule have the meaning assigned to them by such definitions.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Obligations covered hereby, the Initial Second Priority Representative and (ii) in the case of any other Second Priority Debt Facility, the Second Priority Debt Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • Institutional means lands or Buildings used or designed or intended for use by an organized body, society or religious group for promoting a public or non-profit purpose and shall include, without limiting the generality of the foregoing, Places of Worship, medical clinics and Special Care Facilities;

  • Reference Security means the security specified as such in the relevant Final Terms. If a Reference Security is no longer outstanding, a Similar Security will be chosen by the Quotation Agent at 11:00 a.m. (CET) on the third Business Day preceding the Make-whole Redemption Date, quoted in writing by the Quotation Agent to the Issuer and published in accordance with Condition 12 (Notices).

  • Medicare Select issuer means an issuer offering, or seeking to offer, a Medicare Select policy or certificate.

  • U.S. Security Agreement means that certain Security Agreement, dated as of the Original Effective Date (as amended, amended and restated, supplemented or otherwise modified from time to time), between the U.S. Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent, and the other Lender Parties, and any other pledge or security agreement entered into, after the Original Effective Date by any other U.S. Loan Party (as required by this Agreement or any other Loan Document).

  • 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.

  • Notes Secured Parties means the Trustee, the Collateral Agent and the Holders of the Notes.

  • Second Priority Lien means the Liens on the Second Priority Collateral in favor of Second Priority Debt Parties under Second Priority Collateral Documents.

  • Second Priority Secured Parties means the Second Priority Representative, the Second Priority Creditors and any other holders of the Second Priority Obligations.

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • Institutional Holder An insurance company whose long-term debt is rated at least A- (or equivalent rating) by a Rating Agency, or an equivalent rating from any other nationally recognized statistical rating organization.

  • U.S. Secured Parties the “Secured Parties” as defined in the U.S. Guarantee and Collateral Agreement.

  • Canadian Securities Authorities means the securities commissions or similar authorities in Canada.