Examples of Security Trustee Account in a sentence
Upon the execution of this Agreement and from time to time thereafter as called for by Section 3.01 of the Indenture, the Operating Bank shall establish and maintain on the books and records of its office specified in Section 10.02 and maintain for the benefit of the Security Trustee (on behalf of the Secured Parties) each respective Security Trustee Account (as an Eligible Account) to be established on the Initial Closing Date or at such other time.
The Operating Bank also agrees to cooperate with any replacement Operating Bank as to the transfer of any property in, or records relating to, any Security Trustee Account maintained by it.
Upon the execution of this Agreement and from time to time thereafter as called for by Section 3.01 of the Indenture, the Operating Bank shall establish and maintain on the books and records of its office specified in Section 9.02 and maintain in the name of the Security Trustee each respective Security Trustee Account (as an Eligible Account) to be established on the Initial Closing Date or on such other time.
If, at any time, any Security Trustee Account ceases to be an Eligible Account, the Operating Bank shall, promptly after notice from the Administrative Agent, cooperate with the Administrative Agent to facilitate its establishment of a new Security Trustee Account having the same characteristics as such other Account and transfer all property related to such old Account to such new Account.
If, at any time, any Security Trustee Account ceases to be an Eligible Account, the Operating Bank shall, within 10 Business Days thereafter, establish a new Security Trustee Account having the same characteristics or such other Account and transfer all property related to such old Account to such new Account.
If, at any time, any Security Trustee Account ceases to be an Eligible Account, the Operating Bank shall, within 10 Business Days thereafter, establish a new Security Trustee Account having the same characteristics as such other Account and transfer all property related to such old Account to such new Account.
SCORPIO BULKERS INC., as Borrower By: /s/ Xxxx Baker_____________________________ Name: Xxxx Xxxxx Title: Chief Financial Officer (Principal Financial Officer) DEUTSCHE BANK AG FILIALE DEUTSCHLANDGESCHÄFT,as Lead Arranger, Agent, Security Trustee, Account Bank and Lender By:___/s/ Xxxxxxxx X.
If, at any time, any Security Trustee Account ceases to be an Eligible Account, the Operating Bank shall, promptly after notice from the Administrative Agent, cooperate with the Administrative Agent to facilitate its establishment of a new Security Trustee Account having the same characteristics as such other Account and transfer all property related to such old [**] = Portions of this exhibit have been omitted pursuant to a confidential treatment request.
If, at any time, any Security Trustee Account ceases to be an Eligible Account, the Operating Bank shall, promptly after notice from the Administrative Agent, cooperate with the [**] = Portions of this exhibit have been omitted pursuant to a confidential treatment request.
Administrative Agent to facilitate its establishment of a new Security Trustee Account having the same characteristics as such other Account and transfer all property related to such old Account to such new Account.