Examples of Security Agency Agreement in a sentence
Each Lender hereby agrees with each other Person who is or who becomes a party to the Malaysian Security Agency Agreement that it will be bound by the Malaysian Security Agreement as a Secured Party.
Each Borrower hereby grants to Collateral Agent a security interest (subject to the Security Agency Agreement) in all such cash, all deposit accounts into which such cash is deposited, all balances in such accounts and all proceeds of the foregoing.
All payments by Guarantor pursuant to this Guaranty Agreement shall be made to or as directed by Collateral Agent for distribution in accordance with the Security Agency Agreement.
Each Borrower acknowledges and agrees to the terms and conditions set forth in, and agrees to be bound by all of the provisions of, the Security Agency Agreement as if it were a signatory thereto including the provisions that provide for the allocation or reallocation of Recoveries (as defined in the Security Agency Agreement) from such Borrower.
Each Lender authorizes Global Administrative Agent to execute and deliver the Security Agency Agreement on behalf of such Lender, and each Lender acknowledges that, upon such execution and delivery by Global Administrative Agent, such Lender will be a “Credit Party” under, and shall be bound by all of the provisions of, the Security Agency Agreement as if it were a signatory thereto.