Assignation in Security definition

Assignation in Security means any assignation in security of the Issuer's interest in the Scottish Trust Property granted pursuant to the terms of the Deed of Charge and Assignment and being substantially in the form set out in either Part A or Part B of Schedule 4 (Assignation in Security) of the Deed of Charge and Assignment.
Assignation in Security means any assignation in security of the Issuer's interest in the Scottish Trust Property granted pursuant to the terms of the Deed of Charge and Assignment and being substantially in the form set out in Schedule 3 (Assignation in Security) of the Deed of Charge and Assignment.
Assignation in Security means each and any assignation in security in relation to the Project Documents (but excluding the Collateral Warranty) from time to time executed or to be executed by the Issuer for the benefit of the Security Trustee to supplement or replace or in order to give (or evidence) security (or any other form of support) for the performance of the obligations of the Issuer under the Finance Documents;

Examples of Assignation in Security in a sentence

  • Trust Agreement For the benefit of the Transaction Creditors, the Issuer has appointed the Security Trustee pursuant to the Trust Agreement and has instructed and authorised the Security Trustee to act as trustee for the benefit of the Transaction Creditors pursuant to the terms of the Trust Agreement (as Treuhänder), the Deed of Charge and Assignment and the Assignation in Security.

  • The Issuer shall forthwith following the execution and delivery of any Scottish Declaration of Trust execute and deliver to the Security Trustee, and procure the execution and delivery to the Security Trustee by the Seller of, an Assignation in Security of the Issuer's interest in the Scottish Trust Property in the appropriate form set out in Schedule 4 (the "Assignation in Security") hereto.

  • Security, Security Trustee and Enforcement The Issuer, acting for and on behalf of its Compartment Private Driver UK 2020-1, has entered into a Trust Agreement, a Deed of Charge and Assignment and an Assignation in Security and may enter into further Assignations in Security.

  • The Issuer, acting for and on behalf of its Compartment Private Driver UK 2020-1 has entered into a Trust Agreement, a Deed of Charge and Assignment and an Assignation in Security.

  • Trust Agreement For the benefit of the Transaction Creditors, the Issuer has appointed the Security Trustee pursuant to the Trust Agreement and has instructed and authorised the Security Trustee to act as trustee for the benefit of the Transaction Creditors pursuant to the terms of the Trust Agreement (Treuhänder), the Deed of Charge and Assignment and the Assignation in Security.

  • In relation to each Utilisation other than the first Utilisation, to the extent that the same have not previously been delivered to the Security Trustee each Supplemental Scottish Declaration of Trust delivered to the Borrower on an Additional Purchase Date occurring on or prior to such Utilisation Date and a Supplemental Assignation in Security in relation to each such Supplemental Scottish Declaration of Trust.

  • Deed of Charge and Assignment and Assignation in Security In addition, the Notes are secured and share the same Security with the other Secured Obligations of the Issuer as set out in the Deed of Charge and Assignment and the Assignations in Security.

  • On each Additional Purchase Date, the Borrower shall deliver to the Security Trustee the duly executed Supplemental Scottish Declaration of Trust delivered to it on such Additional Purchase Date in accordance with clause 4.4 (Sale and Purchase of Receivables) of the Receivables Sale Agreement and a duly executed Supplemental Assignation in Security in relation to such Supplemental Scottish Declaration of Trust in accordance with clause 3.4(A) (Scottish Security) of the Security Trust Deed.

  • Security, Security Trustee and Enforcement The Issuer, acting for and on behalf of its Compartment Driver UK seven, has entered into a Trust Agreement, a Deed of Charge and Assignment and an Assignation in Security and may enter into further Assignations in Security.

  • Security, Security Trustee and Enforcement The Issuer, acting for and on behalf of its Compartment Private Driver UK 2018-1, has entered into a Trust Agreement, a Deed of Charge and Assignment and an Assignation in Security and may enter into further Assignations in Security.

Related to Assignation in Security

  • Assignment of Mortgage An assignment of the Mortgage, notice of transfer or equivalent instrument in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage to the Purchaser.

  • Pledge shall have the meaning assigned to such term in Section 14(c).