Original Security Trustee definition

Original Security Trustee means Commerzbank, acting in the capacity as “Security Trustee” under the Original Participation Agreement.
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Original Security Trustee means ANZ Fiduciary Services Pty Limited ABN 91 100 709 493.
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Original Security Trustee means the Security Trustee as such term is defined in the Original Loan Agreement;
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Examples of Original Security Trustee in a sentence

  • Should the said general hypothec be cancelled by the Original Security Trustee, the Bondholders will benefit from a first ranking general hypothec over all the assets of the Issuer, both present and future, as security for the Issuer’s obligations under the Bond Issue.

  • In the event that sufficient Original Bondholders surrender their Original Bonds in favour of the Issuer in exchange for First Tranche Bonds, the first ranking general hypothec will be cancelled by the Original Security Trustee.

  • With respect to the special hypothec over Block A to Block E of the Mellieħa Development, depending on the amount of conversions of Eligible Applicant to convert their Original Bonds to First Tranche Bonds, the Original Security Trustee may be required to retain sufficient security over immovables, consisting of some of the Block A to Block E of the Mellieħa Development.

  • The fixed amounts to be received by the security trustee are set out in a trust deed between the Issuer and the Original Security Trustee dated 9th September 2016, which fixed amounts represent approximately 75% of sales proceeds after deducting commissions payable by the Issuer (and VAT on commissions)and provisional tax on the full sales price.

  • Each Obligor has undertaken in the Note Trust Deed that it shall promptly do everything necessary to use commercially reasonable efforts (A) to preserve and protect the value of any Property mortgaged or charged by the Security Documents; and (B) to protect and enforce its title and the title of the Security Trustee or the Original Security Trustee as mortgagee or chargee of such Property.

  • As part of the issue of the Original Bonds, GDL constituted the following security interests in favour of the Original Security Trustee: (i) a general hypothec over its property, both present and future; and (ii) a special hypothec over Blocks A, B and C of the Qawra Development.

  • Depending on the amount of conversions of Eligible Applicants to convert their Original Bonds to First Tranche Bonds, the Original Security Trustee may be required to retain sufficient security over immovables consisting of some of the blocks forming part of Block A to Block E of the Mellieħa Development.

  • Each Obligor has undertaken in the Euro Note Trust Deed and the Australian Note Trust Deed that it shall promptly do everything necessary to use commercially reasonable efforts (A) to preserve and protect the value of any Property mortgaged or charged by the Security Documents; and (B) to protect and enforce its title and the title of the Security Trustee or the Original Security Trustee as mortgagee or chargee of such Property.

  • This Deed of Accession dated [ ] is supplemental to an intercreditor deed (the “Intercreditor Deed”) dated 13 April 2004, as amended and restated on [·] December 2009, between the Issuer, the Borrower, the Original High Yield Guarantor, the Original Facility Agent, the Original Security Trustee, the Original High Yield Trustee and the Senior Lenders (as may be further amended, supplemented, varied or novated from time to time).

  • LA Group Finance Manager, Anthony Meehan shared the report on screen and provided a verbal overview. A meeting had been held between the LA Group Finance Manager, Assistant Director and the Clerk to review documentation around Schools Forum membership and constitution.

Related to Original Security Trustee

  • Security Trustee shall have the meaning ascribed thereto in the preamble;

  • Security Trust Deed means the Security Trust Deed executed by, inter alia, the Borrower, the Guarantor, the Collateral Agent, the Facility Agent, the Original Secured Creditors (as defined therein) and the Delegate Collateral Agent and shall be substantially in the form of Exhibit P or otherwise reasonably acceptable to the Facility Agent.

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Mortgage Security Trust Fund As to any Mortgage Security, the trust fund in which such Mortgage Security evidences a fractional undivided interest. New York Presenting Agent: State Street Bank and Trust Company, N.A., with its offices at 00 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx or such other office within the Borough of Manhattan, City of New York, State of New York, as Xxxxxx Mae may appoint by notice to the Trustee.

  • charity trustee means a charity trustee of the CIO.

  • Additional Secured Parties means any Additional Agents and any Additional Creditors.

  • Majority Trustee Vote means the vote of a majority of the Trustees;

  • Advance Facility Trustee As defined in Section 3.22.

  • Original Securities means all Securities other than Exchange Securities.

  • Note Trustee means the Person identified as the “Trustee” in the Indenture, solely in its capacity as Trustee pursuant to the Indenture and not in its individual capacity, or its successor in interest in such capacity, or any successor Trustee appointed as provided in the Indenture.

  • Collateral Trustee has the meaning set forth in the preamble.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • L/C Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • 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.

  • NIM Trustee The trustee for the NIM Securities.

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Property Trustee appointed as therein provided.

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).

  • Intercreditor Agent has the meaning given to such term in the Intercreditor Agreement.

  • Collateral Agency and Intercreditor Agreement means that certain Collateral Agency and Intercreditor Agreement, dated as of January 31, 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time in compliance with the terms of this Indenture), by and among the Company, the other guarantors from time to time party thereto, the secured debt representatives and the Collateral Agent.

  • Collateral Agent as defined in the preamble hereto.

  • Trustee Issuer Secured Obligations means all amounts and obligations which the Issuer may at any time owe to or on behalf of the Trustee or the Trust Collateral Agent for the benefit of the Noteholders under this Indenture, the Notes or any Basic Document.

  • ABL Secured Parties means the ABL Representative, the ABL Creditors and any other holders of the ABL Obligations.

  • 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.

  • Collateral Trust Joinder means (i) with respect to the provisions of this Agreement relating to any Additional Parity Lien Debt, an agreement substantially in the form of Exhibit B, and (ii) with respect to the provisions of this Agreement relating to the addition of additional Grantors, an agreement substantially in the form of Exhibit C.

  • Notes Secured Parties means the Secured Noteholders, the Notes Collateral Agent and the Notes Trustee.