Examples of Security Trust in a sentence
Unless the contrary intention appears, these meanings apply: Beneficiary has the meaning it has in the Security Trust Deed.
Set-off rights are contemplated under this template to be included in the Security Trust and Intercreditor Deed and/or the individual Facility Agreements.
A Hedging Bank who accedes to the Security Trust and Intercreditor Deed will benefit from Transaction Security pari passu with the Lenders.
The Borrower acknowledges that that the Intercreditor Agent acts on the instructions of the Instructing Parties pursuant to the Security Trust and Intercreditor Deed, to which the Borrower is not party.
Any waiver of any term of a Finance Document other than this Agreement may be amended or waived only in accordance with the terms of that Finance Document or (as the case may be) the Security Trust and Intercreditor Deed.