Examples of Dutch Security Trustee in a sentence
Each Lessee acknowledges that the Lessor has pledged or will pledge all of its rights under this Agreement to the Dutch Security Trustee pursuant to the Dutch Security Documents.
Part C Notice of non-payment of premium to be sent to the Dutch Security Trustee No cancellation unless thirty days’ notice.
In the event of non-payment of premium, this Policy may at the sole discretion of the Insurer be cancelled by written notice to the Insureds and [●] [or replacement Dutch Security Trustee], stating when (not less than 30 days thereafter) the cancellation shall be effective.
Preserve and/or exercise and/or enforce its rights and/or shall procure that the same are preserved, exercised or enforced on its behalf (including by the Dutch Security Trustee) in respect of the Dutch Vehicles, including, but not limited to, promptly notifying any Insolvency Official of a Manufacturer or Dealer of any retention of title existing in respect of one or more Dutch Vehicles in favour of the Lessor.
The terms of this Agreement will not be waived, altered, modified, amended, supplemented or terminated in any manner whatsoever unless the same shall be in writing and signed and delivered by the Lessor, the Servicer, the Dutch Security Trustee and each Lessee, subject to any restrictions on such waivers, alterations, modifications, amendments, supplements or terminations set forth in the Dutch Facility Agreement.
The Lessor may, in its absolute discretion, and provided that the conditions precedent in Clause 2.2.3 (Conditions Precedent to Lease of Lease Vehicles) above have been satisfied or waived by the Dutch Security Trustee, order the relevant vehicles in accordance with the terms of the relevant Vehicle Purchasing Agreement.
In the event of a Servicer Default, the Lessor or the Dutch Security Trustee, in each case acting pursuant to Clause 9.24(d) (Servicer Default) of the Dutch Facility Agreement, shall have the right to replace the Servicer as servicer.
The Dutch Security Trustee (a) subject to the appointment of a successor (in consultation with the Foreign Loan Party Agent) may, and must if the Agent requires, retire at any time from its position as Dutch Security Trustee under the Loan Documents without assigning any reason, and (b) must give notice of its intention to retire by giving to the other Dutch Facility Secured Parties and the Foreign Loan Party Agent not less than thirty (30) days’ nor more than sixty (60) days’ notice.
No provision of this Agreement will (a) interfere with the right of the Dutch Security Trustee to arrange its affairs (tax or otherwise) in whatever manner it thinks fit; (b) oblige the Dutch Security Trustee to investigate or claim any credit, relief, remission or repayment available to it or the extent, order and manner of any claim; or (c) oblige the Dutch Security Trustee to disclose any information relating to its affairs (tax or otherwise) or any computations in respect of tax.
Invoices properly rendered hereunder shall be payable within ninety (90) days of receipt.