German Security definition

German Security means the assets which are the subject of a security document which is governed by German law.
German Security means any security assumed and accepted by or through the Security Agent or the Finance Parties, as the case may be, pursuant to any Security Document governed by German law and held or administered by the Security Agent on behalf of or in trust for the Finance Parties hereunder and any addition or replacement or substitution thereof.
German Security means any security interest created under the Collateral Documents governed by German law) in addition to the provision set out in this Section 9 above, the specific provisions set out in paragraphs (b) to (g) of this Section 9.11 shall be applicable. In the case of any inconsistency, the provisions set out in paragraphs (b) to (g) of this Section 9.11 shall prevail. The provisions set out in paragraph (b) to (g) of this Section 9.11 shall not constitute a trust pursuant to the laws of the State of New York but a fiduciary relationship (Treuhand) within the meaning of German law.

Examples of German Security in a sentence

  • The Assignee confirms that it is aware of the contents of the German Security Agreements.

  • The detailed duties of the Security Trustee shall solely be governed by the security trust agreement entered into between the Issuer and the Security Trustee (the "German Security and Security Trust Agreement") as set out in Annex 1 to the respective Global Note.

  • The Security will be held, administered and enforced by the Security Trustee in accordance with the German Security and Security Trust Agreement.

  • The Put Notice must specify (i) the total principal amount of the Notes in respect of which such option is exercised, [and] (ii) the German Security Code of such Notes, if any.

  • The Put Notice must specify (i) the total principal amount of the Notes in respect of which such option is exercised, [and] (ii) the German Security Code of such Notes, if any [in the case the Global Note is kept in custody by CBF, the following applies: and (iii) contact details as well as a bank account].


More Definitions of German Security

German Security means any security interest created under the Security Documents which are governed by German law.
German Security means any security interest created under the Security Documents which are governed by German law), the Collateral Agent shall in case of German Security constituted by non–accessory (nicht akzessorische) security interests, hold, administer and, as the case may be, enforce or release such German Security in its own name, but for the account of the Secured Creditors.
German Security means any security assumed and accepted by or through the Administrative Agent or any Secured Party, as the case may be, pursuant to any German Security Document and held or administered by the Administrative Agent on behalf of or in trust for the Secured Parties and any addition or replacement or substitution thereof.
German Security has the meaning set forth in Section 9.01(d).
German Security shall have the meaning provided in Section 12.13(b).
German Security means the Collateral that is the subject of any Security Document governed by the laws of Germany.
German Security means the Collateral that is subject of any Security Document governed by the laws of Germany.