THE SECURITY TRUSTEE AS A PARTY Sample Clauses

THE SECURITY TRUSTEE AS A PARTY. 22.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this Agreement.
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THE SECURITY TRUSTEE AS A PARTY. Except in respect of the Trust Agreement, the Security Trustee is a party to the Transaction Documents solely for the better preservation and enforcement of its rights thereunder and shall not assume any responsibility, liabilities or obligations under any Transaction Document unless such obligation or liability is expressly assumed by the Security Trustee in such Transaction Document.
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THE SECURITY TRUSTEE AS A PARTY. 3.1 The Security Trustee hereby becomes party to this agreement between the Account Bank and the Issuer relating to the opening and/or maintaining:
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THE SECURITY TRUSTEE AS A PARTY. The Security Trustee is a party hereto solely for taking benefit of various covenants and other obligations of other parties hereto and shall incur no liability in connection with this Agreement and/or the transactions hereby envisaged. Schedule 1 TRUST AGREEMENT (please refer to the separate Trust Agreement) Schedule 2 FORM OF PAYMENT INSTRUCTION [] [] For the attention of: [] [DATE] Account Agreement We refer to the agreement dated 25 May 2016, as amended from time to time, between, inter alia, Driver UK Master S.A., acting for and on behalf of its Compartment 3 and The Bank of New York Mellon, London Branch as Account Bank (the "Account Agreement"). Words and expressions used in this Payment Instruction shall have the same meanings as in the Account Agreement. This Payment Instruction is being provided to you in accordance with Clause 6 (Operating/Release Procedure) of the Account Agreement. You are instructed to pay the following amount[s] from the Account[s] specified below to: [Name of the Account/Debit Account Number] (a) [Correspondent Bank] [Swift Code]/[ABA number (if dollars)]: (b) [Beneficiary Bank] [SWIFT Code/[Sort Code/(if sterling)]] (c) [Account Name]
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THE SECURITY TRUSTEE AS A PARTY. The Security Trustee is a party hereto solely for taking benefit of various covenants and other obligations of other parties hereto and shall incur no liability in connection with this Agreement and/or the transactions hereby envisaged. Schedule 1 Trust Agreement (Please refer to the separate Trust Agreement) Schedule 2 Form of Payment Instruction [⚫] [⚫] For the attention of: [⚫] [DATE] Account Agreement We refer to the Agreement dated 19 November 2013, as amended from time to time, between, inter alia, Driver UK Master S.A., acting for and on behalf of its Compartment 2 and HSBC Bank Plc as Account Bank (the "Account Agreement"). Words and expressions used in this Payment Instruction shall have the same meanings as in the Account Agreement. This Payment Instruction is being provided to you in accordance with [Clause 7] (Operating/Release Procedure) of the Account Agreement. You are instructed to pay the following amount[s] from the Account[s] specified below to: [Name of the Account/Debit Account Number] (a) [Correspondent Bank] [Swift Code]/ [ABA number (if dollars)]: (b) [Beneficiary Bank] [SWIFT Code/ [Sort Code/ (if sterling)]] (c) [Account Name]
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THE SECURITY TRUSTEE AS A PARTY. The Security Trustee is a party hereto solely for taking benefit of various covenants and other obligations of other parties hereto and shall incur no liability in connection with this Agreement and/or the transactions hereby envisaged. In Witness Whereof the parties hereto have executed this Agreement on the day and year first before written. Schedule 1 Form of Subordinated Loan Advance Notice [Letterhead of Issuer] To: Volkswagen Financial Services (UK) Limited Attn:
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THE SECURITY TRUSTEE AS A PARTY. The Security Trustee is a party hereto solely for taking benefit of various covenants and other obligations of other parties hereto and shall incur no liability in connection with this Agreement and/or the transactions hereby envisaged. In Witness Whereof the parties hereto have executed this Agreement on the day and year first before written. Schedule 1 Form of Subordinated Loan Advance Notice [Letterhead of Issuer] To: Volkswagen International Xxxxxxxxx X.X. Attention: Xxxxx Xxxxxxxx 00-00, Xxxxx x'Xxxxx Xxxx B L-8009 Strassen Luxembourg E-Mail: xxxxx.xxxxxxxx.vfl@xxxxxxxxxx.xx Fax: +000 00 00 00-00 Date:
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THE SECURITY TRUSTEE AS A PARTY. The Security Trustee is a party hereto solely for taking benefit of various covenants and other obligations of other parties hereto and shall incur no liability in connection with this Agreement and/or the transactions hereby envisaged. SCHEDULE 1 Trust Agreement (Please refer to the separate Trust Agreement) SCHEDULE 2 Form of Payment Instruction [] [] For the attention of: [] [DATE] Account Agreement We refer to the Agreement dated 19 November 2013, as amended from time to time, between, inter alia, Driver UK Master S.A., acting for and on behalf of its Compartment 2 and HSBC Bank Plc as Account Bank (the "Account Agreement"). Words and expressions used in this Payment Instruction shall have the same meanings as in the Account Agreement. This Payment Instruction is being provided to you in accordance with [Clause 6] (Operating/Release Procedure) of the Account Agreement. You are instructed to pay the following amount[s] from the Account[s] specified below to: [Name of the Account/Debit Account Number] (a) [Correspondent Bank] [Swift Code]/ [ABA number (if dollars)]:
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Related to THE SECURITY TRUSTEE AS A PARTY

  • the Academy Trust (1) agrees that before making an application pursuant to the Religious Character of Schools (Designation Procedure) (Independent Schools) (England) Regulations 2003 for the Academy to be designated as a school with religious character it shall seek the prior written consent of the Secretary of State;

  • Security Interest Absolute All rights of the Secured Party and all Obligations of the Company hereunder, shall be absolute and unconditional, irrespective of: (a) any lack of validity or enforceability of this Agreement, the Notes, the Warrants or any agreement entered into in connection with the foregoing, or any portion hereof or thereof; (b) any change in the time, manner or place of payment or performance of, or in any other term of, all or any of the Obligations, or any other amendment or waiver of or any consent to any departure from the Notes, the Warrants or any other agreement entered into in connection with the foregoing; (c) any exchange, release or nonperfection of any of the Intellectual Property, or any release or amendment or waiver of or consent to departure from any other Intellectual Property for, or any guaranty, or any other security, for all or any of the Obligations; (d) any action by the Secured Party to obtain, adjust, settle and cancel in its sole discretion any insurance claims or matters made or arising in connection with the Intellectual Property; or (e) any other circumstance which might otherwise constitute any legal or equitable defense available to the Company, or a discharge of all or any part of the Security Interest granted hereby. Until the Obligations shall have been paid and performed in full, the rights of the Secured Party shall continue even if the Obligations are barred for any reason, including, without limitation, the running of the statute of limitations or bankruptcy. The Company expressly waives presentment, protest, notice of protest, demand, notice of nonpayment and demand for performance. In the event that at any time any transfer of any Intellectual Property or any payment received by the Secured Party hereunder shall be deemed by final order of a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under the bankruptcy or insolvency laws of the United States, or shall be deemed to be otherwise due to any party other than the Secured Party, then, in any such event, the Company's obligations hereunder shall survive cancellation of this Agreement, and shall not be discharged or satisfied by any prior payment thereof and/or cancellation of this Agreement, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof. The Company waives all right to require the Secured Party to proceed against any other person or to apply any Intellectual Property which the Secured Party may hold at any time, or to marshal assets, or to pursue any other remedy. The Company waives any defense arising by reason of the application of the statute of limitations to any obligation secured hereby.

  • Enforcement and Remedies Executive acknowledges that money damages would not be sufficient remedy for any breach of this Article 6 by Executive, and Company shall be entitled to enforce the provisions of this Article 6 by terminating any payments then owing to Executive under this Agreement and/or to specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this Article 6, but shall be in addition to all remedies available at law or in equity to Company, including, without limitation, the recovery of damages from Executive and Executive’s agents involved in such breach and remedies available to Company pursuant to other agreements with Executive.

  • Collateral Agent (a) The Trustee and each of the Holders by acceptance of the Notes hereby designates and appoints the Collateral Agent as its agent under this Indenture, the Collateral Documents and the Intercreditor Agreements and the Trustee and each of the Holders by acceptance of the Notes hereby irrevocably authorizes the Collateral Agent to take such action on its behalf under the provisions of this Indenture, the Collateral Documents and the Intercreditor Agreements and to exercise such powers and perform such duties as are expressly delegated to the Collateral Agent by the terms of this Indenture, the Collateral Documents and the Intercreditor Agreements, and consents and agrees to the terms of the Intercreditor Agreements and each Collateral Document, as the same may be in effect or may be amended, restated, supplemented or otherwise modified from time to time in accordance with their respective terms. The Collateral Agent agrees to act as such on the express conditions contained in this Section 12.9. The provisions of this Section 12.9 are solely for the benefit of the Collateral Agent and none of the Trustee, any of the Holders nor any of the Grantors shall have any rights as a third party beneficiary of any of the provisions contained herein other than as expressly provided in Section 12.4. Each Holder agrees that any action taken by the Collateral Agent in accordance with the provision of this Indenture, the Intercreditor Agreements and the Collateral Documents, and the exercise by the Collateral Agent of any rights or remedies set forth herein and therein shall be authorized and binding upon all Holders. Notwithstanding any provision to the contrary contained elsewhere in this Indenture, the Collateral Documents and the Intercreditor Agreements, the duties of the Collateral Agent shall be ministerial and administrative in nature, and the Collateral Agent shall not have any duties or responsibilities, except those expressly set forth herein and in the other Notes Documents to which the Collateral Agent is a party, nor shall the Collateral Agent have or be deemed to have any trust or other fiduciary relationship with the Trustee, any Holder or any Grantor, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Indenture, the Collateral Documents and the Intercreditor Agreements or otherwise exist against the Collateral Agent. Without limiting the generality of the foregoing sentence, the use of the term “agent” in this Indenture with reference to the Collateral Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom, and is intended to create or reflect only an administrative relationship between independent contracting parties.

  • Transfer Upon Realization of Pledged, Mortgaged or Charged Escrow Securities (1) You may transfer within escrow to a financial institution the escrow securities you have pledged, mortgaged or charged under section 4.2 to that financial institution as collateral for a loan on realization of the loan.

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