Collateral Trust Joinder definition
Examples of Collateral Trust Joinder in a sentence
The Issuer shall promptly provide each Authorized Representative with a copy of each Collateral Trust ▇▇▇▇▇▇▇ executed and delivered pursuant to this Section 7.18; provided, however, that the failure to so deliver a copy of the Collateral Trust Joinder to any then existing Authorized Representative shall not affect the inclusion of such Person as a Grantor if the other requirements of this Section 7.18 are complied with.
This Collateral Trust Joinder is being executed and delivered pursuant to Section 7.21 of the Collateral Trust Agreement.
The Authorized Representative of each future Series of Pari Passu Debt will be required to deliver a Collateral Trust Joinder including a lien sharing and priority confirmation as provided in Section 3.8 at the time of incurrence of such Series of Pari Passu Debt.
Although the Issuer shall be required to deliver a copy of each Collateral Trust Joinder to each then existing Authorized Representative, the failure to so deliver a copy of the Collateral Trust Joinder to any then existing Authorized Representative shall not affect the status of such debt as Additional Pari Passu Obligations if the other requirements of this Section 3.8 are complied with.
The provisions of Article 7 of the Collateral Trust Agreement will apply with like effect to this Collateral Trust Joinder.