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)

What does Finance parties mean? Typically refers to the lenders, facility agent, arranger, security agent on a syndicated facility agreement, though there may be other finance parties. (LexisNexis Glossary)

Finance Party means the Agent, an Arranger, the Security Agent, a Lender, a Hedge Counterparty or an Ancillary Lender. (Law Insider)