Common Contracts

1 similar Trust Agreement contracts

Driver UK Multi-Compartment S.A.,
Trust Agreement • March 19th, 2024

Contents Clause Page 1. Definitions, Interpretation and Common Terms 3 2. Duties of the Security Trustee 3 3. Position of the Security Trustee in relation to the Transaction Creditors 4 4. Position of the Security Trustee in relation to the Issuer 4 5. Assignment for Security purposes 5 6. Pledge 5 7. Security Purpose 5 8. Authority to collect; assumption of obligations; further assignment 5 9. Representation of the Issuer 6 10. Representations of the Security Trustee 6 11. Release of Security 7 12. Acceptance, safekeeping and review of documents; notification of the Issuer 7 13. Accounts 7 14. Actions of the Issuer requiring Consent 8 15. Breach of obligations by the Issuer 8 16. Power of Attorney 9 17. Foreclosure on the Security; Foreclosure Event 9 18. Payments upon Occurrence of a Foreclosure Event 10 19. Continuing Duties 10 20. Distribution Account; Accumulation Account; Counterparty Downgrade Collateral Account; Swap Provisions 10 21. Order of Priority 12 22. Cash Collat

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