Русско-англо-русский юридический словарь

When would a company need to use a collateral agent (also known as security agent or security trustee)? When lenders take collateral as security for their loans, a collateral/security agent is often appointed to enforce rights against the collateral in the event of the borrower’s default under the loan or bond documents.

They can also hold the collateral during the term of the loan. (TMF Group's website)

The fee letter is a private document between mandated lead arrangers and borrowers that identifies the type and amount of fees payable by the borrower with respect to a syndicated facility based on the role of the syndicate participant (lead arranger, co-underwriter and participant lender), the bracket amount of the total comment (tier) that each participant lender subscribes for as well as administrative agency fees. It includes arrangement and structuring fees, underwriting fees, administrative agency fees, collateral agent fees and generally also the market flex language. (Pecunica)