Controlling Class Agent means the representative of the Controlling Class having authority to provide notices from the Controlling Class to the Security Trustee as required under the Security and Intercreditor Deed.
Examples of Controlling Class Agent in a sentence
The Trustee shall not have any responsibility for the administration,management or operation of the Collateral including the request by the Collateral Manager to release any of the Collateral from time to time.The Trust Deed contains provisions for the retirement of the Trustee and the removal of the Trustee at the direction of the Controlling Class Agent, but no such retirement or removal shall become effective until a successor trustee is appointed.