Receivables Trustee definition
Examples of Receivables Trustee in a sentence
The drag force acting on a bubble is D = 0.5ρ C A uL − u (u − uL ), wheres s s b Ds s 1 p p 1A = πd 2 / 4.
Barclays Bank PLC as Transferor Beneficiary and Excess Interest Beneficiary hereby undertakes to each of the parties to this Supplement and to the Receivables Trustee for itself and as trustee for each other Beneficiary that it will not make any Disposal or create or grant any Encumbrance in respect of its beneficial entitlement in the Receivables Trust except in accordance with Clause 3.7 of the Trust and Cash Management Agreement and acknowledges that any attempt to do so shall be void.
Each of Barclays Bank PLC and the MTN Issuer agrees, in whatever capacity hereunder, to do and perform, from time to time, any and all acts and to execute any and all further instruments required or reasonably requested by the Receivables Trustee more fully to effect the purposes of this Supplement.
If no successor trustee shall have been so appointed and have accepted within 30 days after the giving of such notice of resignation, the resigning Receivables Trustee may petition any court of competent jurisdiction for the appointment of a successor trustee.
No Beneficiary shall have a right to have recourse to, or make demand or initiate proceedings against the Receivables Trustee at any time whilst the nominal amount exceeds the available amount.