Accession of New Secured Creditors. As a condition precedent to any new Series or Tranche, as applicable, of Covered Bonds issued under the Programme, any Person which becomes a Secured Creditor pursuant to and in accordance with this Agreement (each a “New Secured Creditor”) shall be bound by the terms of this Agreement and as evidence of such shall execute an instrument in a form acceptable to the Bond Trustee.
Appears in 8 contracts
Samples: General Security Agreement, General Security Agreement, General Security Agreement
Accession of New Secured Creditors. As a condition precedent to any new Series or Tranche, as applicable, of Covered Bonds issued under the ProgrammeProgram, any Person which becomes a Secured Creditor pursuant to and in accordance with this Agreement (each a “New Secured Creditor”) shall be bound by the terms of this Agreement and as evidence of such shall execute an instrument in a form acceptable to the Bond Trustee.
Appears in 2 contracts
Samples: General Security Agreement (BMO Covered Bond Guarantor Limited Partnership), General Security Agreement
Accession of New Secured Creditors. As a condition precedent to any new Series or Tranche, as applicable, of Covered Bonds issued under the Programme, any Person which becomes a Secured Creditor pursuant to and in accordance with this Agreement (each a “New Secured Creditor”) shall be bound by the terms of this Agreement and as evidence of such shall execute an instrument in a form acceptable to the Bond Trustee.
Appears in 1 contract
Samples: General Security Agreement
Accession of New Secured Creditors. As a condition precedent to any new Series or Tranche, as applicable, of Covered Bonds issued under the Programme, any Person which becomes a Secured Creditor pursuant to and in accordance with this Agreement (each a “New Secured Creditor”) shall be bound by the terms of this Agreement and as evidence of such shall execute an instrument in a form acceptable to the Bond Trustee. If it has not already done so, each New Secured Creditor shall also accede to the terms of the Master Definitions and Construction Agreement and as evidence of such shall execute an instrument in a form acceptable to the Bond Trustee.
Appears in 1 contract
Samples: General Security Agreement