Borrower Security Trustee definition

Borrower Security Trustee means Deutsche Trustee Company Limited or any successor appointed pursuant to the STID.
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Borrower Security Trustee means Situs Asset Management Limited in its capacity as borrower security trustee and its successors and assigns pursuant to the Loan Security Agreements;
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Borrower Security Trustee means the entity to be appointed as Borrower Security Trustee hereunder after the date of this Agreement but prior to the Closing Date pursuant to the Fee Letter between the Parent and the Lenders referred to in Clause 15.4 (Borrower Security Trustee Fee).
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Examples of Borrower Security Trustee in a sentence

  • The Borrower Secured Creditors hereby authorise the Borrower Security Trustee to execute each Accession Memorandum (without liability therefor) and agree to be bound by the terms of each such Accession Memorandum.

  • Under the Security Agreement, each Obligor guarantees the obligations of each other Obligor under the Finance Documents, in each case to the Borrower Security Trustee for itself and as security trustee for the Borrower Secured Creditors.

  • Each Obligor entered into the security agreement (the “Security Agreement”) with the Borrower Security Trustee on the Initial Issue Date.

  • The Bond Trustee shall be entitled to assume that any instruction, consent or certificate received by it from the Borrower Security Trustee, the Issuer or any Financial Guarantor, which purports to have been given pursuant to the STID, has been given in accordance with its terms.

  • Each Obligor secures its property, assets and undertakings to the Borrower Security Trustee for itself and as trustee for the Borrower Secured Creditors.

  • The obligations of Heathrow under each Borrower Loan Agreement are secured pursuant to the Security Agreement, and are guaranteed by each other Obligor in favour of the Borrower Security Trustee.

  • On or prior to each Issue Date on which the Issuer issues Bonds, the proceeds of which are intended to be on-lent to Heathrow, which are not fungible with an existing series of Bonds, a new Borrower Loan Agreement will be entered into by the Issuer, Heathrow and the Borrower Security Trustee.

  • The Borrower Security Trustee will have the right (on the instructions of Qualifying Borrower Secured Creditors holding at least 10 per cent.

  • Any person wishing to become a Finance Party shall, upon execution and delivery by such person or their duly authorised representative to the Borrower Security Trustee, of an Accession Memorandum, acceding to the STID and this Agreement (together with the supporting documentation referred to in that Accession Memorandum), be bound by the provisions of the STID and this Agreement as if the terms set out therein were incorporated in full into the arrangements made between that person and the Obligors.

  • In providing its consent or making a determination hereunder the Borrower Security Trustee shall take instructions from the Borrower Secured Creditors to the extent required or permitted and in each case in the manner set out in the STID.


More Definitions of Borrower Security Trustee

Borrower Security Trustee means Citibank, N.A., London Branch or any successor security trustee appointed pursuant to the Borrower STID;
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Borrower Security Trustee means Citicorp Trustee Company Limited a limited liability company incorporated with registered number 00235914 in England and Wales and having its registered office at Citigroup Centre, Canada Square, Xxxxxx Xxxxx, Xxxxxx X00 0XX as security trustee for the Borrower Secured Creditors, or such other entity or entities appointed as security trustee for the Borrower Secured Creditors from time to time, subject to and in accordance with the terms of the Security Trust Deed;
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Borrower Security Trustee means Citigroup Trustee Company Limited a limited liability company incorporated in England and Wales and having its registered office at Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB as security trustee for the Borrower Secured Creditors, or such other entity or entities appointed as security trustee for the Borrower Secured Creditors from time to time, subject to and in accordance with the terms of the Security Trust Deed;
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Related to Borrower Security Trustee

  • Security Trustee shall have the meaning ascribed thereto in the preamble;

  • Security Trust Deed means the Security Trust Deed executed by, inter alia, the Borrower, the Guarantor, the Collateral Agent, the Facility Agent, the Original Secured Creditors (as defined therein) and the Delegate Collateral Agent and shall be substantially in the form of Exhibit P or otherwise reasonably acceptable to the Facility Agent.

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • charity trustee means a charity trustee of the CIO.

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Security Agent means the Bond Trustee or any successor Security Agent, acting for and on behalf of the Secured Parties in accordance with any Security Agent Agreement or any other Finance Document.

  • Mortgage Security Trust Fund As to any Mortgage Security, the trust fund in which such Mortgage Security evidences a fractional undivided interest. New York Presenting Agent: State Street Bank and Trust Company, N.A., with its offices at 00 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx or such other office within the Borough of Manhattan, City of New York, State of New York, as Xxxxxx Mae may appoint by notice to the Trustee.

  • Advance Facility Trustee As defined in Section 3.22.

  • Trustee Issuer Secured Obligations means all amounts and obligations which the Issuer may at any time owe to or on behalf of the Trustee or the Trust Collateral Agent for the benefit of the Noteholders under this Indenture, the Notes or any Basic Document.

  • Collateral Trustee has the meaning set forth in the preamble.

  • Collateral Agent as defined in the preamble hereto.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Administrative Agent means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Majority Trustee Vote means the vote of a majority of the Trustees;

  • Intercreditor Agent has the meaning given to such term in the Intercreditor Agreement.

  • Issuer Secured Obligations means all amounts and obligations which the Issuer may at any time owe to or on behalf of the Indenture Trustee for the benefit of the Indenture Trustee and the Noteholders under this Indenture, the Notes or the other Basic Documents.

  • Specified Credit Party means any Credit Party that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.11).

  • Note Agent means any Registrar, Paying Agent or Conversion Agent.

  • U.S. Secured Parties the “Secured Parties” as defined in the U.S. Guarantee and Collateral Agreement.

  • Canadian Agent means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as Canadian agent for the Lenders hereunder, or any successor Canadian agent.

  • Notes Secured Parties means the Secured Noteholders, the Notes Collateral Agent and the Notes Trustee.

  • Borrower Agent as defined in Section 4.4.

  • Global Agent has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of U.S. Bank thereto.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.