Issuer Security Trustee definition

Issuer Security Trustee means BNP Paribas Trust Corporation UK Limited.

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Issuer Security Trustee means Deutsche Trustee Company Limited or the replacement or successor thereof appointed as the security trustee acting on behalf of the Issuer Secured Creditors under the Issuer Deed of Charge.

Issuer Security Trustee means The Bank of New York , whose principal office is at 40th Floor, One Canada Square, London E14 5AL, or such other persons and all other persons for the time being acting as the security trustee or security trustees pursuant to the Issuer Deed of Charge;

Examples of Issuer Security Trustee in a sentence

The Master Issuer Security Trustee will notify Party A promptly following it giving or receiving any notice (including any Note Enforcement Notice) in connection with any redemption, purchase and cancellation of all of the Relevant Notes by the Issuer.
Each of the parties hereby confirms and agrees that the Master Issuer Security Trustee shall not be liable for any of the obligations of Party B hereunder.
Notwithstanding Section 7, Party A hereby agrees and consents to the assignment by way of security by Party B of its interests under this Agreement (without prejudice to, and after giving effect to, any contractual netting provision contained in this Agreement) to the Master Issuer Security Trustee (or any successor thereto) pursuant to and in accordance with the Master Issuer Deed of Charge and acknowledges notice of such assignment.
Each of the parties hereby confirms and agrees that the Issuer Security Trustee shall not be liable for any of the obligations of Party B hereunder.
Each of the parties hereby confirms and agrees that the Master Issuer Security Trustee will not be liable for any of the obligations of Party B hereunder.
Notwithstanding Section 7, Party A hereby agrees and consents to the assignment by way of security by Party B of its rights, title and interests under this Agreement (without prejudice to, and after giving effect to, any contractual netting provision contained in this Agreement) to the Issuer Security Trustee (or any successor thereto) pursuant to and in accordance with the Issuer Deed of Charge and acknowledges notice of such assignment.
Capitalized terms used herein have the meanings provided in the master definitions and constructions agreement entered into on or about the date of the Issuer Facility Agreement (as amended, modified or supplemented from time to time) between, amongst others, the Issuer, the Issuer Security Trustee and the Administrative Agent.
Nothing contained in this Agreement shall impose any obligation or liability on the Issuer Security Trustee to assume or perform any of the obligations of the Issuer or the Issuer Cash Manager under this Agreement or render it liable for any breach thereof.
Notwithstanding Clause 7, Party A hereby agrees and consents to the assignment by way of security by Party B of its interests under this Agreement (without prejudice to, and after giving effect to, any contractual netting provision contained in this Agreement) to the Master Issuer Security Trustee (or any successor thereto or permitted transferee) pursuant to and in accordance with the Master Issuer Deed of Charge and acknowledges notice of such assignment.
Notwithstanding Section 7, Party A hereby agrees and consents to the assignment by way of security by Party B of its interests under this Agreement (without prejudice to, and after giving effect to, any contractual netting provision contained in this Agreement) to the Master Issuer Security Trustee (or any successor thereto or permitted transferee) pursuant to and in accordance with the Master Issuer Deed of Charge and acknowledges notice of such assignment.

More Definitions of Issuer Security Trustee

Issuer Security Trustee means The Bank of New York and its successors or any further or other security trustee under the Issuer Deed of Charge, as trustee for the Issuer Secured Creditors;

Issuer Security Trustee means Deutsche Trustee Company Limited, its successors or any other person appointed from time to time as Issuer Security Trustee in accordance with the Issuer Security Trust Deed;

Issuer Security Trustee means BNP Paribas Trust Corporation UK Limited. 53 CONFIDENTIAL INFORMATION REDACTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS INDICATED BY [*REDACTED*]. “Issuer Security Trustee Fee Amount” has the meaning specified in the fee letter between the Issuer Security Trustee and the Issuer. “Issuer Shares Pledge” means the deed of pledge of registered shares of the Issuer dated on or about the Closing Date, granted by Hertz Holdings Netherlands B.V. and Wilmington Trust SP Services (Dublin) Limited. “Issuer Subordinated Facility Agreement” means the subordinated debt facility agreement entered into between the Issuer, Hertz Holdings Netherlands B.V. and the Issuer Security Trustee dated on or about the Signing Date. “Joinder” has the meaning specified in Annex A of the Master Lease. “Joinder Date” has the meaning specified in Annex A of the Master Lease. “L/C Cash Collateral Account Collateral” means the Issuer Account Collateral with respect to the Issuer L/C Cash Collateral Account. “L/C Cash Collateral Account Surplus” means, with respect to any Payment Date, the lesser of (a) the Available L/C Cash Collateral Account Amount and (b) the excess, if any, of the Adjusted Liquid Enhancement Amount over the Required Liquid Enhancement Amount on such Payment Date. “L/C Cash Collateral Percentage” means, as of any date of determination, the percentage equivalent of a fraction, the numerator of which is the Available L/C Cash Collateral Account Amount as of such date and the denominator of which is the Letter of Credit Amount as of such date. “L/C Credit Disbursement” means an amount drawn under a Letter of Credit pursuant to a Certificate of Credit Demand. “L/C Termination Disbursement” means an amount drawn under a Letter of Credit pursuant to a Certificate of Termination Demand. “Lease Commencement Date” has the meaning specified in Clause 3.2 of the Master Lease. “Lease Event of Default” has the meaning specified in Clause 9.1 of the Master Lease. “Lease Expiration Date” has the meaning specified in Clause 3.2 of the Master Lease. “Lease Interest Payment Deficit” means on any Payment Date an amount equal to the excess, if any, of (a) the aggregate amount of Issuer Interest Collections that would have been deposited into the Issuer Interest Collection Account if all payments of Monthly Variable Rent required to have been made under the Leases from but excluding the preceding Payment Date to and including such Payment Date ...

Issuer Security Trustee means Citibank, N.A., London Branch or any successor security trustee appointed pursuant to this Deed;