Mexican Trust definition

Mexican Trust means Oxford Automotive Business Trust 1999-A, a special purpose trust, and lessor under the Mexican Facility.
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Mexican Trust means the trust established pursuant to the Mexican Trust Agreement.
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Mexican Trust means a Mexican law trust agreement with Deutsche Bank or another reputable international bank with a credit rating of at least "A" from Standard & Poor or similar level from Moody or Fitch approved by the Bond Trustee (the "Mexican Trustee") for (to the extent necessary) perfection of Security Documents and securing the application of earnings under the Pemex Contract which may provide for Receivables Financing at an annual cost less than 5% (including authorised translations as requested by the Bond Trustee).
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Examples of Mexican Trust in a sentence

  • The costs and expenses related to the implementation and maintenance of the Mexican Trust to be borne by SETA.

  • The rights of any person that acquires possession of any Unit pursuant to this Section 7.4(a) shall be subject and subordinate to the rights of the Trustee under the Mexican Trust Agreement.

  • The Mexican Trust shall also serve as a means to secure the performance by Aeroinvest of its obligations under this Agreement in relation to the Put Option.

  • In case any of such marks shall at any time be removed, defaced or destroyed before the termination of the Mexican Trust Agreement, the Borrower shall promptly cause the same to be restored or replaced.

  • Any suit, action or proceeding against any party to this Agreement arising out of or relating to the Mexican Trust Agreement shall be brought in Mexico, and each such party hereby submits to the exclusive jurisdiction of such courts for the purpose of any such suit, action or proceeding.

  • The Parties agree that prior to any Exchange Election all ADPM Shares held in the Mexican Trust shall be voted in the same way as the SETA shareholders decide to vote GACN shares held by SETA in accordance with the terms and conditions of this Agreement.

  • In case the Lender shall demand the Trustee to take possession of the Equipment pursuant to the provisions of the Mexican Trust Agreement, the Borrower shall forthwith deliver possession of the Equipment to the Trustee.

  • The Borrower shall not change, or permit to be changed, the reporting xxxx of any of the Equipment at any time before the termination of the Mexican Trust Agreement (or any reporting xxxx which may have been substituted as herein provided) except in accordance with a statement of new reporting marks to be substituted therefor which shall be filed and recorded as provided in Section 7.13 hereof.

  • The Mexican Trust Agreement, in form and substance satisfactory to the parties thereto, shall have been executed by the Borrower, the Lender and the Trustee and the Lender shall have received an original counterpart of the executed Mexican Trust Agreement.

  • All Notes at any time outstanding under this Agreement shall be equally and ratably secured by the Mexican Trust Agreement without preference, priority or distinction on account of the date or dates or the actual time or times of the issue or maturity of such Notes so that all Notes at any time issued and outstanding hereunder shall have the same rights, Liens and preferences under and by virtue of the Mexican Trust Agreement.


More Definitions of Mexican Trust

Mexican Trust means a Mexican law trust arrangement with Deutsche Bank or another first class international bank with a credit rating of at least ‘A’ from Standard & Poor or similar level from Moody or Fitch (the "Mexican Trustee") for (to the extent necessary) perfection of Security Documents and securing the application of earnings under the Charter Contracts.
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Mexican Trust. Means the guarantee and payment trust that will be created upon request by BANCOMER in respect to the Domestic Portfolio the moment when the guarantee from the Foreign Trust is less than 1.75 (ONE POINT SEVENTY-FIVE) times the balance due of the Loan.
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Mexican Trust means the administration trust to be established for the benefit of ADPM for the purposes described in Section 13.20 of this Agreement.
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Related to Mexican Trust

  • foreign trust or "foreign estate" as those terms are defined in Section 1445 of the Internal Revenue Code.

  • Pass Through Trust means each of the two separate grantor trusts that have been created pursuant to the Pass Through Trust Agreements to facilitate certain of the transactions contemplated by the Operative Documents.

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • Sub-Trust has the meaning set forth in Section 3.01(b) of the Titling Trust Agreement.

  • Pass Through Trust Agreement means each of the two separate Trust Supplements relating to the Pass Through Trusts, together in each case with the Basic Pass Through Trust Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • Loan Trustee Means, with respect to any Indenture, the bank, trust company or other financial institution designated as loan trustee thereunder, and any successor to such loan trustee.

  • Owner Trust means the trust created by this Agreement.

  • Canadian Trustee means the Person named as the “Canadian Trustee” in the first paragraph of this Indenture until a successor Canadian Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Canadian Trustee” shall mean or include each Person who is then a Canadian Trustee hereunder; provided, however, that if at any time there is more than one such Person, “Canadian Trustee” as used with respect to the Securities of any series shall mean only the Canadian Trustee with respect to Securities of that series.

  • Pass Through Trustee means the trustee under each Pass Through Trust Agreement, together with any successor in interest and any successor or other trustee appointed as provided in such Pass Through Trust Agreement.

  • Income trust means a trust or an entity, including corporate and non-corporate entities, the securities of which entitle the holder to net cash flows generated by an underlying business or income-producing properties owned through the trust or by the entity;

  • Master Trust means Citibank Credit Card Master Trust I.

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • U.S. Bank means U.S. Bank National Association, a national banking association.

  • Class B Pass Through Trust means the American Airlines Pass Through Trust 2013-1B created pursuant to the Basic Pass Through Trust Agreement, as supplemented by Trust Supplement No. 2013-1B, dated as of the Original Issuance Date, between the Company and WTC, as Class B Trustee.

  • Plan Trust means the trust governed by the Plan.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;

  • Class B Trust Class B Trustee", "Class C Certificate", "Class C Certificateholder", "Class C Trust", "Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Citigroup Trust means each of Citigroup Capital III, Citigroup Capital XIII and Citigroup Capital XVIII, each a Delaware statutory trust, or any other similar trust created for the purpose of issuing preferred securities in connection with the issuances of junior subordinated notes under the junior subordinated debt indentures or the junior junior subordinated debt indenture.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Basic Pass Through Trust Agreement means the Pass Through Trust Agreement, dated October 3, 2012, between Owner and Pass Through Trustee, but does not include any Trust Supplement.

  • Trust means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer such property for the benefit of another person; and

  • Grantor Trust means a Trust other than a RIC.