Mexican Security Trust definition

Mexican Security Trust means certain Security Trust Agreement with identification number No. F/3757 (Contrato de Fideicomiso Irrevocable de Garantía No. F-3757), dated November 15, 2018, including its exhibits, as amended from time to time. Into this trust the settlors contribute all the shares and equity interests of Mexican Subsidiaries (except for one share or equity interest in each Mexican Subsidiary), and all the intellectual property duly registered, or in the process of registration, in their name before the Mexican Institute of Property.

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Mexican Security Trust means certain Security Trust Agreement with identification number F/3757, including its exhibits, dated November 15, 2018, by, among others, QMX Investment Holding USA, Inc., IT Global Holding LLC, Entrepids Technology Inc., North American Software, S.A.P.I. de C.V., Ultimate Holdings, AN Digital, S.A. de C.V., Faktos Inc, S.A.P.I. de C.V., Facultas Analytics, S.A.P.I. de C.V., and Entrepids México, S.A. de C.V., as settlors, Monroe Capital, as first place beneficiary, Banco Invex, S.A., Institución de Banca Múltiple, Invex Grupo Financiero; with the acknowledgment and consent of AN Digital, S.A. de C.V., AN Extend, S.A. de C.V., AN Data Intelligence, S.A. de C.V., Anzen Soluciones, S.A. de C.V., AN UX, S.A. de C.V., NASOFT Servicios Administrativos, S.A. de C.V., AGS NASOFT Servicios Administrativos, S.A. de C.V.; AGS Alpama Global Services Mexico, S.A. de C.V., North American Software, S.A.P.I. de C.V., Entrepids México S.A. de C.V., Cuarto Origen, S. de ▇.▇. de C.V., and AN Evolution, S. de ▇.▇. de C.V., as amended and restated on the Closing Date, and as further amended from time to time.

Mexican Security Trust means the trust agreement (as amended from time to time) entered by and among the Mexican Issuers, the Note Trustee as primary beneficiary, the other parties named therein and a Mexican trustee (the “Mexican Trustee”) to hold collateral in Mexico, including the Mexican Properties, as security for the payment of the Notes.

Examples of Mexican Security Trust in a sentence

The Facility Agent shall promptly notify the Security Agent in writing on the date at which the conditions set out in Clause 9.1 (Release of Mexican Security Trust Agreement) have been satisfied and on the date at which the conditions set out in Clause 9.2 (Release of Transaction Security - other jurisdictions) have been satisfied.
The Administrative Agent shall promptly notify the Security Agent in writing on the date at which the conditions set out in Clause 8.1 (Release of Mexican Security Trust Agreement) have been satisfied and on the date at which the conditions set out in Clause 8.2 (Release of Transaction Security—other jurisdictions) have been satisfied.
Subject to the terms of the Security Documents, the Company will have the right to remain in possession and retain exclusive control of certain collateral securing the Notes (other than the shares), particularly those assets subject to the Mexican Security Trust and the Non- Possessory Pledge Agreement, to freely operate such Collateral and to collect, invest and dispose of any income therefrom.
Subject to the terms of the Security Documents, the Company will have the right to remain in possession and retain exclusive control of certain collateral securing the Notes, particularly those assets subject to the Mexican Security Trust and the Non-Possessory Pledge Agreement, to freely operate such collateral and to collect, invest and dispose of any income therefrom.
The Administrative Agent shall promptly notify the Security Agent in writing on the date at which the conditions set out in Clause 8.1 (Release of Mexican Security Trust Agreement) have been satisfied and on the date at which the conditions set out in Clause 8.2 (Release of Transaction Security - other jurisdictions) have been satisfied.

More Definitions of Mexican Security Trust

Mexican Security Trust in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:

Mexican Security Trust means certain Security Trust Agreement with identification number F/3757, including its exhibits, dated November 15, 2018, by, among others, QMX Investment Holding USA, Inc., IT Global Holding LLC, Entrepids Technology Inc., AgileThought Digital Solutions, S.A.P.I. de C.V., Ultimate Holdings, AgileThought México, S.A. de C.V. (f/k/a AN Digital S.A de C.V.), Faktos Inc, S.A.P.I. de C.V., Facultas Analytics, S.A.P.I. de C.V., and Entrepids México, S.A. de C.V., as settlors, Monroe Capital, as first place beneficiary, Banco Invex, S.A., Institución de Banca Múltiple, Invex Grupo Financiero; with the acknowledgment and consent of AgileThought México, S.A. de C.V., AN Extend, S.A. de C.V., AN Data Intelligence, S.A. de C.V., Anzen Soluciones, S.A. de C.V., AN UX, S.A. de C.V., AgileThought Servicios Administrativos, S.A. de C.V. (f/k/a Nasoft Servicios Administrativos, S.A de C.V.), AgileThought Servicios México, S.A. de C.V. (f/k/a AGS Nasoft Servicios Administrativos, S.A. de C.V.), AGS Alpama Global Services Mexico, S.A. de C.V., AgileThought Digital Solutions, S.A.P.I. de C.V. (f/k/a North American Software, S.A.P.I. de C.V.), Entrepids México S.A. de C.V., Cuarto Origen, S. de ▇.▇. de C.V., and AN Evolution, S. de ▇.▇. de C.V., as amended and restated on the Closing Date, and as further amended from time to time.