English Law Security Deed definition

English Law Security Deed means, in respect of a Series, the security deed governed by English law relating to such Series of ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto and in the form of the Master English Law Security Terms (as amended and/or supplemented by the Issue Deed) and as such English Law Security Deed is amended, supplemented, novated or replaced from time to time.[If FX Hedged ETC Securities, text will apply or be inserted – “Equivalent FX Forward Points Bloomberg Fixing” means, in relation to the FX Forward Points Reference Level on an Inaccuracy Valuation Day, the FX Forward Points (which, for the avoidance of doubt, may be positive or negative) with respect to the Currency Pair, fixed for the same time as the FX Forward Points Reference Level, and as determined by adding the bid and ask rates fixed for the same time and published on the Reference FX Forward Points Bloomberg Screen, and dividing by two.][If FX Hedged ETC Securities, text will apply or be inserted – “Equivalent FX Spot Bloomberg Fixing” means, in relation to the FX Spot Reference Level on an Inaccuracy Valuation Day, the mid currency exchange rate for the Currency Pair, fixed for the same time as the FX Spot Reference Level, and as determined by adding the bid and ask rates fixed for the same time and published on the Reference FX Spot Bloomberg Screen, and dividing by two.][If FX Hedged ETC Securities, text will apply or be inserted – “Equivalent FX Price Source Disruption” means in relation to any FX Business Day:
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English Law Security Deed means, in respect of a Series, the security deed governed by English law relating to such Series of Carbon ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master English Law Security Terms (as amended and/or supplemented by the Issue Deed) and as such English Law Security Deed is amended, supplemented, novated or replaced from time to time.
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Examples of English Law Security Deed in a sentence

  • In acting under the English Law Security Deed and the Greek Law Pledge, the Note Trustee shall have an ability to direct the Security Trustee pursuant to the terms thereof, provided that nothing shall oblige the Note Trustee to act for, or to consider the interests of, any other Secured Creditor and provided always that the exercise of such right is subject to the detailed terms of the Note Trust Deed.

  • Under the Note Trust Deed and English Law Security Deed, the Note Trustee and Security Trustee are respectively entitled to be indemnified and/or prefunded and/or secured to their satisfaction and relieved from responsibility in certain circumstances and to be paid their costs and expenses in priority to the claims of the Noteholders.

  • Subject to the terms and conditions of this Agreement, each of the Issuer and the Secured Parties (other than the Security Trustee and the Noteholders) hereby appointWilmington Trust (London) Ltdto act as Security Trustee in accordance with this Agreement and the English Law Security Deed.

  • Subject to the terms of the English Law Security Deed, the Security Trustee shall act in accordance with the instructions of the Most Senior Class Outstanding when exercising any right, power, duties, discretions and authorities under or pursuant to the Transaction Documents.

  • Subject to the terms and conditions of this Agreement, the Issuer and the Secured Parties (other than the Security Trustee and the Noteholders) hereby appointBNP Paribas Trust Corporation UK Limitedto act as Security Trustee in accordance with this Agreement and the English Law Security Deed.

  • The Issuer shall promptly on demand pay the Security Trustee all costs, charges, fees and expenses properly incurred by the Security Trustee in connection with the performance of its duties, including the preparation, execution, amendment, the granting of waivers, dele- gation according to Clause 3.4.2 (Delegation), and the enforcement (in each case including fees for legal advisors) of this Agreement and the English Law Security Deed.

  • Pursuant to this Agreement and the English Law Security Deed, the Issuer grants security interests over the Security Assets for the benefit of the Noteholders and the other Secured Parties.

Related to English Law Security Deed

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • U.S. Pledge Agreement means a Pledge Agreement substantially in the form of Exhibit B-1 between the Borrower, the Subsidiary Guarantors and the Administrative Agent.

  • Proceeds Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or prior to the First Issue Date in respect of a first priority pledge over the Proceeds Account and all funds held on the Proceeds Account from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent before the Issue Date in respect of a first priority pledge over the Escrow Account and all funds standing to the credit of the Escrow Account from time to time, granted in favour of the Agent and the Holders (represented by the Agent).

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • Collateral Agency and Intercreditor Agreement means that certain Collateral Agency and Intercreditor Agreement, dated as of January 31, 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time in compliance with the terms of this Indenture), by and among the Company, the other guarantors from time to time party thereto, the secured debt representatives and the Collateral Agent.

  • Parent Pledge Agreement means that certain Pledge Agreement, dated of the date hereof, made by Parent in favor of Agent.

  • UK Security Documents means the UK Pledge Agreements and the UK Debenture.

  • Acceptable Intercreditor Agreement means the Intercreditor Agreement, a Market Intercreditor Agreement, or another intercreditor agreement that is reasonably satisfactory to the Administrative Agent (which may, if applicable, consist of a payment “waterfall”).

  • Deed of Assignment means the deed of assignment of the Shareholder Loan in the agreed form set out in Schedule 6 (Deed of Assignment) to be entered into between the Seller and the Buyer upon Completion.

  • Stock Pledge Agreement means a stock pledge agreement, in form and substance satisfactory to each Lender, executed and delivered by Holdings to Agent for the benefit of the Lender Group with respect to the pledge of the capital Stock of NPI.

  • Pledge Agreement means the Pledge Agreement dated as of the Closing Date between Borrower and Agent, as the same may from time to time be amended, restated, modified or otherwise supplemented.

  • Other Intercreditor Agreement an intercreditor agreement in form and substance reasonably satisfactory to the Borrower and the Collateral Agent.

  • Guarantor Security Agreement means any Security Agreement executed by any Guarantor in favor of Agent securing the Guaranty of such Guarantor.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Foreign Pledge Agreement means a pledge agreement securing the Obligations or any of them that is governed by the law of a jurisdiction other than the United States and reasonably satisfactory in form and substance to the Collateral Agent.

  • 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.

  • 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.

  • Intercreditor Agreement means the Intercreditor Agreement dated as of the Issue Date (and as may be amended, restated, amended and restated, supplemented or otherwise modified from time to time), between, among others, the Company, the Guarantors, the Trustee, the Collateral Agent, and each additional authorized representative and collateral agent from time to time party thereto.

  • Pledge Agreements means one or more pledge agreements, each in form and substance satisfactory to the Administrative Agent, executed and delivered by the Company and/or certain of its Subsidiaries pursuant to or in connection with transactions contemplated by this Agreement, as the same may be amended, supplemented or otherwise modified from time to time.

  • Share Pledge Agreement has the meaning given such term in the definition of Collateral and Guaranty Requirements.

  • Stock Pledge Agreements means those certain stock pledge agreements, in form and substance reasonably satisfactory to Lender, executed and delivered by Borrower to Lender, as the same may be amended or modified from time to time in accordance with its terms.

  • Equity Pledge Agreement means the Equity Pledge Agreement entered into by and among the Parties hereto on June 12, 2017, pursuant to which Party C will pledge all equity interests held by it in Party B (i.e. Party B’s Equity Interests) to Party A as the pledged collateral for the contractual obligations and secured debts under the VIE Agreements.

  • Borrower Pledge Agreement means the Pledge Agreement executed and delivered by the Borrower pursuant to Section 5.1.5, substantially in the form of Exhibit F-1 hereto, as amended, supplemented, restated or otherwise modified from time to time.