Examples of Principal Trust in a sentence
In the event of any inconsistency between the terms of the Issue Deed relating to the Notes and the terms of the Principal Trust Deed, the terms of the Issue Deed shall prevail.
In the event of any inconsistency between the terms of the Principal Trust Deed, the terms of the relevant Issue Deed and the terms of the applicable Issue Terms, the terms of the applicable Issue Terms shall prevail.
The Issuer has, in the Principal Trust Deed, irrevocably agreed that the courts of England are the most appropriate and convenient courts to settle any Dispute and, accordingly, that it will not argue to the contrary.
Headings shall be ignored in construing this Principal Trust Deed.
The Transfer Agent shall only cause the exchange or transfer of any interest in a Regulation S Global Note for an interest in the corresponding Rule 144A Global Note upon provision to the Principal Paying Agent, Registrar and Transfer Agent of a written certification by the transferor substantially in the form set out in Schedule 10 (Form of Rule 144A Investor Letter) to the Principal Trust Deed (a “Rule 144A Investor Letter”).
The Issuer has, in the Principal Trust Deed, agreed that the process by which any Proceedings in England are begun may be served on it by being delivered to the agent specified for service of process in the Trust Deed or its other registered office for the time being.
The Principal Trust Deed contains provisions for convening meetings of Noteholders of a Series to consider matters affecting their interests, including the modification by Extraordinary Resolution of the Conditions or the provisions of the Trust Deed.
The Issuer shall provide written confirmation to the Trustee promptly on request and in any case, on an annual basis on the anniversary of the date on which the Principal Trust Deed was executed, that no Event of Default or other matter which is required to be brought to the Trustee's attention has occurred.
The Issuer has, in the Principal Trust Deed, irrevocably agreed that the courts of England have exclusive jurisdiction to settle any dispute (a "Dispute"), arising from or connected with the Notes.
Where an Excess Assets Direction is delivered, Clause 6.5 (Division of Transaction Security) of the Principal Trust Deed shall not apply.