Onshore Trust definition
Examples of Onshore Trust in a sentence
The Administrative Agent shall have received evidence satisfactory to it that there are no balances (other than an aggregate amount of approximately P$464,087,309.29) on any deposit or other bank or securities accounts of the Borrower, other than those accounts of the Borrower established pursuant to the Onshore Trust and Retention Agreement and the Offshore Trust and Retention Agreement.
Under the laws of the Country, other than the registration of the Onshore Trust Agreement, the Mortgage and the Asset Pledge Agreement before the relevant Authorities, it is not necessary that the Financing Documents be filed, recorded or registered with a court or any other authority or that any stamp, registration or similar tax be paid on or in relation to the Financing Documents or the transactions contemplated by the Financing Documents.
Each of the Borrower, the Colombian Trustee, the Administrative Agent, the Collateral Agent and the Onshore Trustee shall have duly executed and delivered an amended and restated Onshore Trust and Retention Agreement substantially in the form of Exhibit H hereto.
Under the laws of the Country, other than the registration of the Onshore Trust Agreement and the Asset Pledge Agreement before the relevant Authorities, it is not necessary that the Financing Documents be filed, recorded or registered with a court or any other authority or that any stamp, registration or similar tax be paid on or in relation to the Financing Documents or the transactions contemplated by the Financing Documents.