Examples of Principal Trust in a sentence
The Issuers have requested the Trustee to concur in making further modifications to the Principal Trust Deed (as previously modified and restated) to reflect the relevant modifications referred to in Recital (B) above.
No Secured Creditor of such Series is entitled to proceed directly against the Issuer or any assets of the Issuer unless the Trustee, having become bound to proceed in accordance with the terms of the Principal Trust Deed, any Supplemental Trust Deed, any Supplementary Security Document executed in relation to the Notes or the Conditions, fails or neglects to do so within a reasonable period and such failure or neglect is continuing.
OTHER INVESTORS: Principal Trust Company, FBO SHV Profit Sharing Plan FBO Xxxxxx X.
The Issuer has, in the Principal Trust Deed, irrevocably agreed for the benefit of the Secured Creditors that the courts of England shall have jurisdiction to hear and determine any suit, action or proceedings, and to settle any disputes, which may arise out of or in connection with the Notes (respectively, "PROCEEDINGS" and "DISPUTES") and, for such purposes, irrevocably submits to the jurisdiction of such courts.
Except in certain circumstances, the Principal Trust Deed imposes no such limitations on the powers of the Priority Secured Creditor, the exercise of which will be binding on each Subordinated Secured Creditor irrespective of the effect on their interests.
The Principal Trust Deed, the Supplemental Trust Deed, the Notes, the Coupons and the Talons (if any) and the Agency Agreement are governed by and shall be construed in accordance with English law.
The Principal Trust Deed and the Agency Agreement shall henceforth be read and construed as one document with this Supplemental Deed.
Save as herein otherwise provided and unless there is something in the subject or context inconsistent therewith all words and expressions defined in the Principal Trust Deed shall have the same meanings in this Supplemental Deed.
If you authorize the Trustee to tender your shares in the Offer, Principal Trust Company will tender all such Shares unless you specify otherwise on the attached Trustee Direction Form.
This Supplemental Trust Deed is supplemental to the Principal Trust Deed and subject to the amendments to be effected to the Principal Trust Deed hereunder, the Principal Trust Deed and the Notes shall remain in full force and effect and the Principal Trust Deed and this Supplemental Trust Deed shall be read and construed together as one deed.