Examples of Guarantor Trustee in a sentence
Upon any such waiver, such default shall cease to exist, any Event of Default arising therefrom shall be deemed to have been cured, and for every purpose of this Indenture, the Company, any Guarantor, Trustee and Holders shall be restored to their former positions and rights hereunder; but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.
This Capital Securities Guarantee can only be amended by an instrument in writing signed by the Guarantor and the Guarantor Trustee.
If any amount shall be paid to the Guarantor in violation of the preceding sentence, the Guarantor agrees to hold such amount in trust for the Holders and to pay over such amount to the Guarantor Trustee for the benefit of the Holders.
Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture the Company, Guarantor, Trustee and Holders shall be restored to their former positions and rights hereunder; but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.
The Issuer has granted to the Trustee the Issuer Trustee Claim (Treuhänderanspruch) and the Guarantor has granted to the Trustee the Guarantor Trustee Claim (Treuhänderanspruch).
Upon the transfer of any amounts to the Shareholders Account for the Shareholders in accordance with Section 3.08 hereof, the Guarantor Trustee on the same day shall pay all such amounts to the Shareholders.
If at any time the Drawing Agent shall have actual knowledge of the issuance of any Final Order, the Drawing Agent shall promptly give notice thereof to the Trustee, the Guarantor Trustee, the Cash Manager and the Policy Provider.
To secure the Issuer Trustee Claim (Treuhänderanspruch) and the Guarantor Trustee Claim (Treuhänderanspruch), the Guarantor has pledged (verpfändet) or will pledge to the Trustee, inter alia, certain Guarantor Accounts, any present and future Transfer Claim and all the present and future claims against the Trustee under any Transaction Document to which the Guarantor is a party as further set out under "THE TRUST AGREEMENT – Clause 6 (Pledges and Assignment)" below.
The Guarantor Trustee Claims entitles the Trustee, inter alia, to demand payment by the Guarantor, whenever an obligation that is payable by the Guarantor to a Noteholder under the Guarantee has become due (fällig), of an equal amount to the Trustee.
The Guarantor also covenants to indemnify the Preferred Guarantor Trustee (and its officers, agents, directors and employees) for, and to hold it harmless against, any loss, liability or expense incurred without negligence or bad faith on the part of the Preferred Guarantor Trustee and arising out of or in connection with the acceptance or administration of this trust, including the costs and expenses of defending itself against any claims of liability in the premises.