Examples of Issuer Declaration of Trust in a sentence
In accordance with the Master Issuer Declaration of Trust, the Delegate is not obliged to monitor whether a Dissolution Event has occurred, and is entitled to assume, in the absence of written notice to the contrary, that no such event has occurred.
Where all or part of the redemption price of any units of the Issuer is to be paid in Series 2 Notes, the Issuer shall forthwith execute the aggregate principal amount of Series 2 Notes required to satisfy all or such part of the redemption price for such units in accordance with the terms hereof, Article 6 of the Issuer Declaration of Trust and Article 6 of the Fund Declaration of Trust.
The expression " Extraordinary Resolution" is defined in the Issuer Declaration of Trust to mean (i) a resolution passed at a Meeting duly convened and held in accordance with Schedule 4 (Provisions for Meetings of Certificateholders) of the Issuer Declaration of Trust by a majority consisting of not less than three-quarters of the votes cast, or (ii) as Written Resolution.
The Master Issuer Declaration of Trust (as supplemented) contains provisions for the indemnification of each of the Trustee and the Delegate, in each case in certain circumstances, and for relief from responsibility, including provisions relieving each of them from taking action (in particular, in connection with the exercise of any of their respective rights in respect of the Issuer Trust Property) unless first indemnified and/or secured and/or prefunded to its satisfaction.
The Issuer Declaration of Trust provides that a Written Resolution, being a resolution in writing signed by or on behalf of holders of the Certificates then outstanding representing in aggregate not less than 75 per cent.
The Delegate shall not have any liability arising from the Issuer Trust Assets or in respect of any payment or delivery which should have been made by it but is not so made or be obliged to account to the Certificateholders for any amount on any sum or assets which should have been paid or delivered by it, other than as expressly provided in the Issuer Declaration of Trust.
In this Deed: Amended and Restated Transaction Documents means the Amended and Restated Master Definitions and Framework Deed, the Amended and Restated Master Issuer Declaration of Trust, the Amended and Restated Asset Declaration of Trust, the Amended and Restated Programme Administration Agreement, the Amended and Restated Agency Agreement, the Amended and Restated Asset Custody Agreement and the Amended and Restated Account Bank Agreement.
The Issuer Declaration of Trust contains provisions for the indemnification of the Delegate in certain circumstances and for its relief from responsibility, including provisions relieving the Delegate from taking action unless indemnified and/or secured and/or prefunded to its satisfaction.
The average rail journey time from Plymouth to London is eight minutes slower than from Newcastle to London, and yet the route is 40 miles shorter.
Series 3 Notes will be reserved by the Issuer to be issued exclusively to holders of Series 1 Notes as full or part payment of the redemption price of the Series 1 Notes at the times and in accordance with the terms of Article 6 of the Issuer Declaration of Trust, Article 3 hereof and Article 6 of the Fund Declaration of Trust, as applicable.