Italian Security definition

Italian Security means the Italian Segregated Assets in favour of the Italian Noteholder and any security interest granted to the Italian Noteholder pursuant to the Italian Security Documents.
Italian Security means any Security governed by Italian law;
Italian Security means any security interest created under the Collateral Documents which are governed by Italian law), each Secured Party (other than the Collateral Agent) hereby (i) appoints the Collateral Agent to be its “mandatario con rappresentanza” for the purpose of executing any Italian Security in the name and on behalf of the Secured Parties, with the power to determine and agree to any term and condition of such Italian Security, execute any other agreement or instrument, give or receive any notice and take any other action and exercise any right, remedy, power and discretion in relation to the creation, perfection, maintenance, enforcement and release of the security created under the Italian Security, in all cases with power to sub-delegate; (ii) undertakes to ratify and approve any such action taken in the name and on behalf of the Secured Parties by the Collateral Agent acting in such capacity in relation to the Italian Security and the other documents or instruments described under the preceding clause (i). Notwithstanding the provisions of Section 10.15 of this Agreement, the appointment contained in this Section 9.01 (j) is governed by, and will be construed in accordance with, the laws of the Republic of Italy.

Examples of Italian Security in a sentence

  • Borrower shall use commercially reasonable efforts to cause a financial institution (or financial institutions) to become the Taiwan Security Agent and the Italian Security Agent.

  • The Notes Secured Parties expressly waive any right they may have under article 1394 of the Italian Civil Code in respect of contractual arrangements entered into by the Collateral Trustee in their name and on their behalf pursuant to or in connection with the Italian Security Documents, in each case to the extent legally possible to such Notes Secured Party.

  • The Parties hereby agree and acknowledge that in case of any inconsistency between the provisions of this Schedule, on the one hand, and the provisions of the Italian Security Documents executed between the relevant parties, on the other hand, the provisions of the latter document will prevail.

  • In no event will any “parallel debt” provisions apply to any Italian Security Documents.

  • L egal Basis Directive No. A/XII/4, 3 March 2008 ('Procedure relative agli accordi internazionali ed alle intese interministeriali o tecniche'), of the Ministry of Foreign Affairs has been used as the legal basis by the Italian Security Department to conclude 'simplified readmission procedures' of individuals with non-EU countries.

  • The Secured Parties expressly waive any right they may have under article 1394 of the Italian Civil Code in respect of contractual arrangements entered into by the Collateral Trustee in their name and on their behalf pursuant to or in connection with the Italian Security Documents, in each case to the extent legally possible to such Secured Party.


More Definitions of Italian Security

Italian Security means any Transaction Security governed by the laws of the Republic of Italy.
Italian Security means either an Italian Certificate or an Italian Note, as applicable in the context of the relevant Series.
Italian Security means the Security created or evidenced or expressed to be created or evidenced under or pursuant to the Italian Security Documents.

Related to Italian Security

  • Russian Security means a Security issued by a Russian issuer.

  • German Security means the assets which are the subject of a security document which is governed by German law.

  • Canadian Security Agreement means the general security agreement, dated as of the date hereof (as amended, supplemented or otherwise modified from time to time), between the Borrower as “Debtor”, and Agent.

  • Canadian Security Documents means the Canadian Security Agreement, the Canadian Debenture, the Canadian Pledge, the Canadian Security Agreement, the Blocked Account Agreements and each other Note Security Document governed by the law of a province or territory of Canada.

  • Canadian securities legislation means the securities laws in force in each province and territory of Canada, all regulations, rules, orders and policies made thereunder and all multilateral and national instruments adopted by the Securities Regulatory Authorities in such jurisdictions;