German Security definition
Examples of German Security in a sentence
The Assignee confirms that it is aware of the contents of the German Security Agreements.
The Collateral Agent shall further be entitled to rescind, amend and/or execute new and different documents securing such German Security.
The Parties hereby give their consent for the transfer of all rights and obligations of the Secured Party to any successor security trustee appointed pursuant to the German Security and Security Trust Agreement (the "Successor Secured Party"), and the Parties, including without limitation the Secured Party, shall execute any document necessary to assign rights and obligations of the Secured Party to the Successor Secured Party.
The Depo Bank is hereby notified of the existence of the security interest in the Issuer-Owned Bonds held on the Issuance Account granted pursuant to the German Security and Security Trust Agreement to the Secured Party and acknowledges such security interest.
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 German Security Trustee], stating when (not less than thirty (30) days thereafter) the cancellation shall be effective.