Security Pooling Agreement definition

Security Pooling Agreement. The security pooling agreement dated on or about the date hereof between the Security Agent, the Lenders, the Hedging Counterparty, the Shareholders, the Sponsors and the Borrower.
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Security Pooling Agreement means the agreement dated on or about the date hereof made between the Owner, the Security Agent, Bayerische Hypo- und Vereinsbank AG as original lender and as hedging counterparty, RWE Industrie-Losungen GmbH, Stendal Pulp Holding GmbH, Xxxxxx International Inc., AIG Altmark Industrie AG, FAHR Beteiligungen AG;
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Security Pooling Agreement. Has the meaning ascribed thereto in the Pulp Mill Facility Agreement.
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Examples of Security Pooling Agreement in a sentence

  • The benefit of this Agreement (including, without limitation, all warranties and undertakings and any sums received by the Security Agent pursuant to this Agreement) shall be held by the Security Agent upon and subject to the terms of the Security Pooling Agreement for the benefit of the Lenders.

  • Without prejudice to the provisions in clause 7 (Amendments to the Financing Documents) of the Security Pooling Agreement, all amendments, consents and waivers under this Agreement may be given by the Agent acting on the direction of the Majority Lenders.

  • The Parties acknowledge and confirm that they have taken note of all amendments in the Amended Pulp Mill Facility Agreement, the Amended Blue Mill Facility Agreement and the Amended Security Pooling Agreement.

  • The New Lender confirms (i) that it becomes a party to the Security Pooling Agreement and the Shareholders Undertaking Agreement by virtue of the assignment and assumption hereunder and (ii) that it is bound by, and entitled to all benefits arising from, the provisions of such agreements as if it had been an original party to such agreements.

  • Any non-compliance of the Security Agent with the provisions of this Security Pooling Agreement in Part I shall have no effect on the Borrower, except in case of collusive behaviour (kollusives Zusammenwirken).

  • The Security Agent will fulfil his respective responsibilities in strict accordance with this Security Pooling Agreement and the Assignment Agreement in Part II and with the Loan Agreement.

  • In the event of any conflict or inconsistency between the terms and conditions of Amended Pulp Mill Facility Agreement, the Amended Pulp Mill Facility Agreement or the Amended Security Pooling Agreement and the terms and conditions hereof, the terms and conditions of this Agreement shall prevail.

  • Each Lender herewith undertakes to submit any and all declarations and to conduct any and all acts necessary or required (as the case may be) in order to release (or procure the release of) the Security, without undue delay upon such Security becoming due for release pursuant to the provisions of the Security Pooling Agreement and Assignment of Claims.

  • Terms defined in clause 1 (Definitions) of the Facility Agreement shall, unless otherwise defined in this Agreement, have the same meaning when used herein and, in addition: Agency and Security Pooling Agreement has the same meaning given to such term in the Facility Agreement.

  • An “Event of Default” within the meaning and for the purposes of the preceding sentence (and for the purposes of the Security Pooling Agreement and Assignment of Claims in Annex 3.1) occurs if (i) the Borrower fails to pay on the respective due date any amounts due and payable pursuant to this Loan Agreement and (ii) fails to cure such non-compliance and to make such outstanding payments within three (3) weeks upon receipt by the Borrower of a written reminder of any of the Lenders.


More Definitions of Security Pooling Agreement

Security Pooling Agreement. The security pooling and intercreditor agreement dated on or about the date of the 2012 Amendment Agreement between the Security Agent, the Lenders, the Hedging Counterparty, the Shareholders, the Sponsors and the Borrower, and acceded by the Blue Mill Finance Parties and as amended from time to time.
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Security Pooling Agreement means the security pooling agreement entered into on or about the date of this Agreement between, inter alia, the Agent, the Security Agent, the Hedging Bank, the Original Lender and the Borrower.
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Related to Security Pooling Agreement

  • Pooling Agreement means the Fifth Amended and Restated Pooling Agreement, dated as of June 28, 2004, among Bunge Funding, Inc., Bunge Management Services, Inc., as servicer, and the Master Trust Trustee, as amended, modified or supplemented from time to time in accordance with its terms, subject to Section 3.02(f) hereof.

  • Warehouse Agreement means an agreement to provide credit to a person to enable the person to have funds to make residential mortgage loans and hold such loans pending sale to other persons.

  • Pooling and Servicing Agreement The pooling and servicing agreement among Wells Fargo Asset Securities Corporation, as depositor, Wells Fargo Xxxx, N.A., as master servicer, the Trustee, and, if appxxxxxle, the Trust Administrator, relating to the issuance of the Mortgage Pass-Through Certificates.

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Ship Mortgage shall have the meaning set forth for such term in the Intercreditor Agreement. Notice of Assignment ASSIGNMENT OF INSURANCE BY INTERNAL CHARTERERS Vantage Driller I Co. NOTICE OF ASSIGNMENT To Whom It May Concern: Vantage Driller IV Co., an exempted company incorporated with limited liability under the laws of the Cayman Islands (the “Assignor”), HEREBY GIVES NOTICE that by an Assignment, dated October 25, 2012, and made by the Assignor to Xxxxx Fargo Bank, National Association (the “Assignee”), as Pari Passu Collateral Agent (as defined under the Intercreditor Agreement defined below), the Assignor assigned to the Assignee all of the Assignor’s right, title and interest in and to all insurances and the benefit of all insurances heretofore, now or hereafter taken out in respect of the Panamanian flag vessel TOPAZ DRILLER and all proceeds thereof. This Notice and the attached Loss Payable Clauses are to be endorsed on all policies and certificates of entry evidencing such insurances.

  • Mortgage Addendum means the addendum to the Mortgage in the agreed form.

  • Non-Lead Servicing Agreement means the pooling and servicing agreement, trust and servicing agreement or other similar agreement to be entered into in connection with a Non-Lead Securitization Note.

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Primary Servicing Agreement means the agreement between the applicable Primary Servicer and the Master Servicer, under which such applicable Primary Servicer services the Mortgage Loans set forth on the schedule attached thereto.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Retail charge agreement means that term as defined in section 2 of the retail installment sales act, MCL 445.852.

  • Non-Lead Servicing Agreements means the PSA with respect to each Non-Lead Note (other than the Non-Lead Note that is included in the Lead Securitization).

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Guarantor Security Agreement means any Security Agreement executed by any Guarantor in favor of Agent securing the Guaranty of such Guarantor.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Reverse mortgage means a nonrecourse loan under which both of the following apply:

  • First Mortgage Indenture means a first mortgage indenture pursuant to which any Borrower or any Subsidiary of any Borrower may issue bonds, notes or similar instruments secured by a lien on all or substantially all of such Borrower’s or such Subsidiary’s fixed assets, as the case may be.

  • Collateral Agency Agreement means that certain Collateral Agency Agreement dated as of the Effective Date among the Collateral Agent, the Administrative Agent and the Term Loan Administrative Agent, as the same may be amended, restated, amended and restated, supplemented or otherwise modified or replaced from time to time.

  • Servicing Agreement means such subsequent Servicing Agreement; provided, however, that until a replacement Servicing Agreement has been entered into (and such written confirmation has been obtained), the Note A-1 Holder shall cause the Mortgage Loan to be serviced pursuant to the provisions of the Servicing Agreement as if such agreement was still in full force and effect with respect to the Mortgage Loan; provided, further, however, that until a replacement Servicing Agreement is in place, the actual servicing of the Mortgage Loan may be performed by any Qualified Servicer appointed by the Note A-1 Holder and does not have to be performed by the service providers set forth under the Servicing Agreement that was previously in effect.