Second Lien Security Trustee definition

Second Lien Security Trustee means the Person appointed, at the time of determination, as the Second Lien Security Trustee under this Agreement. The initial Second Lien Security Trustee is ▇▇▇▇▇ Fargo.
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Second Lien Security Trustee means Wilmington Savings Fund Society, FSB, in its capacity as security trustee under the Second Lien
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Second Lien Security Trustee has the meaning specified in the Mortgage.
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Examples of Second Lien Security Trustee in a sentence

  • Very truly yours, [NAME OF GRANTOR] By: Name: Title: Acknowledged and agreed to as of the date first above written: ▇▇▇▇▇ FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, not in its individual capacity, but solely as the First Lien Security Trustee, the Second Lien Security Trustee, the Third Lien Security Trustee and the Fourth Lien Security Trustee By: Name: Title: Ladies and Gentlemen: Reference is made to the agreement between you and the Grantor dated [ ] (the “Assigned Document”).

  • The Lender may at any time remove the Second Lien Security Trustee without cause by an instrument in writing delivered to ILFC, the Second Lien Secured Parties and the Second Lien Security Trustee.

  • Upon any such termination, the Second Lien Security Trustee will, at the relevant Grantor’s expense, execute and deliver to each relevant Grantor such documents as such Grantor shall prepare and reasonably request to evidence such termination.

  • Any Security Trustee may resign at any time without cause by giving at least 30 days’ prior written notice to ILFC and, (i) in the case of the First Lien Security Trustee, to the FRBNY, (ii) in the case of the Second Lien Security Trustee, to the Lender, (iii) in the case of the Third Lien Security Trustee, to the FRBNY and (iv) in the case of the Fourth Lien Security Trustee, to AIG Funding.

  • In the case of the resignation or removal of the Second Lien Security Trustee, the Lender, on behalf of the Second Lien Secured Parties, shall promptly appoint a successor Second Lien Security Trustee.