Common use of Appointment of Security Agent Clause in Contracts

Appointment of Security Agent. 26.18.1 Each other Finance Party irrevocably appoints the Security Agent as its agent and trustee on the terms set out in Schedule 12 (Security Agent). 26.18.2 Each Obligor and each other Finance Party agrees to the terms set out in Schedule 12 (Security Agent). In the event of any conflict between the terms of Schedule 12 (Security Agent) and any other Finance Document, the terms of Schedule 12 (Security Agent) shall prevail.

Appears in 3 contracts

Sources: Term Facility Agreement (Enstar Group LTD), Term Facility Agreement (Enstar Group LTD), Term Facility Agreement (Enstar Group LTD)

Appointment of Security Agent. 26.18.1 27.18.1 Each other Finance Party irrevocably appoints the Security Agent as its agent and trustee on the terms set out in Schedule 12 11 (Security Agent). 26.18.2 27.18.2 Each Obligor and each other Finance Party agrees to the terms set out in Schedule 12 11 (Security Agent). In the event of any conflict between the terms of Schedule 12 11 (Security Agent) and any other Finance Document, the terms of Schedule 12 11 (Security Agent) shall prevail.

Appears in 2 contracts

Sources: Term Facility Agreement (Enstar Group LTD), Revolving Credit Facility Agreement (Enstar Group LTD)

Appointment of Security Agent. 26.18.1 (a) Each other Finance Party irrevocably appoints the Security Agent as its agent and trustee on the terms set out in Schedule 12 schedule 10 (Security Agent). 26.18.2 (b) Each Obligor and each other Finance Party agrees to the terms set out in Schedule 12 schedule 10 (Security Agent). In the event of any conflict between the terms of Schedule 12 schedule 10 (Security Agent) and any other Finance Document, the terms of Schedule 12 schedule 10 (Security Agent) shall prevail.

Appears in 1 contract

Sources: Term Facility Agreement (Enstar Group LTD)