Examples of German Security Document in a sentence
Each Lender hereby approves (genehmigt) all declarations the Agent has made in connection with the preparation, execution and delivery of each German Security Document as well as the perfection and monitoring of each German Security Interest.
We hereby agree with each other person who is a party to the Security Trust Agreement that with the effect on and from the date hereof each of the following documents is a German Security Document: • [l]; • [l]; and • [l].
The French Administrative Agent shall be the beneficiary of the French Security Documents, the Canadian Security Documents and the German Security Document on behalf and in the name of the Finance Parties.
The Administrative Agent is not responsible to any of the Beneficiaries for any failure in perfecting or protecting the security created by any German Security Document unless directly caused by its gross negligence (xxxxx Fahrlässigkeit) or wilful misconduct (Vorsatz).
The Administrative Agent is not obliged to hold in its own possession any German Security Document, title deed or other document in connection with any asset over which security is intended to be created by a German Security Document.