Security Agent Claim definition

Security Agent Claim has the meaning given to it in paragraph (b) below.
Sample 1Sample 2Sample 3
Security Agent Claim means any amount which an Obligor owes to the Security Agent under this Clause.
Sample 1Sample 2Sample 3
Security Agent Claim has the meaning given to that term in Clause 33.2 (Security Agent as holder of security).
Sample 1Sample 2Sample 3

Examples of Security Agent Claim in a sentence

  • The Security Agent will agree and undertake in the Agency Agreement to pay to the Bondholders any proceeds, resulting from the enforcement of the Security, recovered as the Security Agent Claim or which have otherwise been recovered by the Security Agent in connection with the Bonds Documents.

  • Unless the Security Agent fails to enforce a Security Agent Claim within a reasonable time after its due date, the Bondholders may not take any action to enforce the corresponding Bondholders Claim unless requested to do so by the Security Agent.

  • Each Obligor irrevocably and unconditionally waives any right it may have to require a Bondholder to join in any proceedings as co-claimant with the Security Agent in respect of the Security Agent Claim or its part.

  • The right of the Security Agent to demand payment of the Security Agent Claim is independent and several from the rights of the Bondholders to demand payment of the Bondholders Claim, provided that discharge or any other termination of a 'Bondholders Claim will discharge or in any other way terminate the Security Agent Claim in the same amount and vice versa discharge or any other termination of a Security Agent Claim will discharge or in any other way terminate the 'Bondholders Claim in the same amount.

  • Claim will discharge the corresponding Security Agent Claim in the same amount.

  • Each Bondholder must, at the request of the Security Agent, perform any act required in connection with the enforcement of any part of the Security Agent Claim.

  • The aggregate amount of the Security Agent Claim will never exceed the aggregate amount of the Bondholders Claim.

  • Security Agent Claim means any amount which the Borrower owes to the Security Agent under this Clause.

  • The Security Agent may enforce performance of any Security Agent Claim in its own name as an independent and separate right (including, without limitation, any suit, execution, enforcement of the Security and applications for and voting in respect of any kind of insolvency proceedings).

  • If the Security Agent Claim becomes due and payable, the Security Agent may satisfy itself from the Initial Polish Pledged Shares through court enforcement proceedings or seizure of the Initial Polish Pledged Shares.


More Definitions of Security Agent Claim

Security Agent Claim means, in relation to a Debtor, any amount which that Debtor owes to the Security Agent under paragraph (c) of this Clause 17.2.
Sample 1
Security Agent Claim means any amount which an Obligor owes to the Security Agent under this Clause 24.6 (Parallel Debt).;
Sample 1
Security Agent Claim means, in relation to a Debtor, any amount which that Debtor owes to the Security Agent for the benefit of the Secured Parties under or in connection with the Senior Secured Finance Documents pursuant to the terms of Clause 17.5 (Senior Secured Security Agent Claim (Covenant to pay the Security Agent));
Sample 1
Security Agent Claim has the meaning given to it in paragraph (c) below. (Signature page to the Amendment and Restatement Agreement) ​
Sample 1

Related to Security Agent Claim

  • Collateral Agent Fee means the fee payable to the Collateral Agent in arrears on each Quarterly Payment Date in an amount specified in the Collateral Agent Fee Letter.

  • 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.

  • Collateral Agent as defined in the preamble hereto.

  • Collateral Agent Fees means the fees due to the Collateral Agent pursuant to the Collateral Agent and Collateral Custodian Fee Letter.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • Collateral Agent Fee Letter means the fee letter between the Collateral Agent and the Borrower setting forth the fees and other amounts payable by the Borrower to the Collateral Agent, the Custodian and the Securities Intermediary under the Facility Documents, in connection with the transactions contemplated by this Agreement.

  • Collateral Agent Expenses means all accrued and unpaid expenses (including reasonable attorneys’ fees, costs and expenses) and indemnity amounts payable by the Borrower to the Collateral Agent under the Transaction Documents.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

  • ABL Collateral Agent means JPMorgan Chase Bank, N.A., in its capacity as collateral agent for the ABL Facility Secured Parties, together with its successors and permitted assigns under the ABL Facility Agreement and the ABL Facility Collateral Documents.

  • Collateral Agents means the Credit Agreement Collateral Agent, the Initial Additional First Lien Collateral Agent and each Additional Collateral Agent.

  • Controlling Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Additional Collateral Agent (acting on the instructions of the Applicable Authorized Representative).

  • First Lien Collateral Agent means the “Collateral Agent” as defined in the First Lien Credit Agreement.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • First Priority Lien means any Lien created by the First Priority Security Documents.

  • Collateral Trustee has the meaning set forth in the preamble.

  • Trust Collateral Agent means such successor Person.

  • Canadian Secured Parties means the Canadian Administrative Agent, the Canadian Facility Lenders, and the Banking Services Providers and Swap Counterparties who are owed any Canadian Secured Obligations.

  • Second Lien Collateral Agent means the “Collateral Agent” as defined in the Second Lien Credit Agreement.