Examples of Charging Instrument in a sentence
Each Additional Charging Instrument (if any) shall be governed by and construed in accordance with the law specified therein.
Only the Trustee may pursue the remedies available under the Master Trust Terms, the Constituting Instrument, the Trust Deed applicable to the Series, the Charging Instrument, if applicable, and the Conditions to enforce the rights of the Noteholders, Receiptholders and Couponholders (if any) of a Series or the Swap Counterparty (if any) in the order of priority specified in the Constituting Instrument.
If, in relation to the relevant Series, there is a Charged Agreement, the Issuer shall not agree to any amendment or modification of the Conditions, the Trust Deed and/or the Charging Instrument, if applicable, without first obtaining the written consent of the Swap Counterparty, which consent shall not be unreasonably withheld or delayed unless such amendment or modification is to any security held for the Swap Counterparty.
The Charging Instrument (if any) shall be governed by and construed in accordance with the law specified therein.
If, in relation to the relevant Series, there is one or more Charged Agreements, the Issuer shall not agree to any amendment or modification of the Conditions, the Trust Deed and/or any Additional Charging Instrument, if applicable, without first obtaining the written consent of the relevant Swap Counterparty, which consent may be granted or refused in the discretion of such Swap Counterparty.
The Master Trust Terms contain provisions for convening meetings of Noteholders of a Series to consider matters affecting their interests, including the modification by Extraordinary Resolution of the Conditions or the provisions of the Terms, the Master Trust Terms or the Trust Deed applicable to the Series and/or, if applicable, the Charging Instrument or any agreement or deed constituted or created by the Constituting Instrument applicable to the Series.
One of such measures is the creation of a platform in the form of Central Technical Committee (CTC) to formulate Departmental view on contentious issues.
Any Substitute Assets purchased pursuant to the foregoing provisions of this Condition 4(f)(2) shall be subject to the charge and/or other security created by the relevant Trust Deed and/or any Additional Charging Instrument and subject to such other conditions as may be specified in the relevant Constituting Instrument and/or any Additional Charging Instrument.
Any such shortfall shall, unless otherwise provided in the Constituting Instrument and/or the Charging Instrument, if applicable, be borne by the Noteholders and Receiptholders and Couponholders (if any) and by the Swap Counterparty in the reverse order of priority specified in the Constituting Instrument.
Only the Trustee may pursue the remedies available under the Trust Deed, the Conditions and any Additional Charging Instrument to enforce the rights of the Noteholders of a Series or any Swap Counterparty (in their respective capacities as such) in the order of priority specified in the Constituting Instrument.