Security Trustee Agreement definition

Security Trustee Agreement means the security trustee agreement dated as mentioned in Schedule 4 and as amended, acceded and supplemented from time to time.
Security Trustee Agreement shall have the meaning assigned to it under Recital C.

Examples of Security Trustee Agreement in a sentence

  • The security created under the Security Trustee Agreement is a hypothecation on the receivables of the Company, present and future, in favour of the Security Trustee, to be held in trust for the benefit of the Lenders.

  • The security created or to be created under the Security Trustee Agreement is a continuing security ranking pari-passu inter se without any preference or priority to one Lender over the others and shall remain in full force and effect until all amounts outstanding to the Lenders are discharged.

  • The security created or to be created under the Security Trustee Agreement is a continuing security ranking pari passu inter se without any preference or priority to one Lender over the others and shall remain in full force and effect until all amounts outstanding to the Lenders are discharged.

  • Under the supplemental Security Trustee Agreement security trustee agreement cum deed of hypothecation dated November 19, 2017, the Company is permitted to raise Rs. 15,000 crore.

  • Security Trustee Agreement The Company has availed of credit facilities from various lenders under their respective loan agreements.


More Definitions of Security Trustee Agreement

Security Trustee Agreement means the Security Trustee Agreement dated as of the date hereof between WFB, not in its individual capacity, except as expressly stated therein, but solely as Security Trustee, and the Beneficiaries, as the same may from time to time be supplemented, amended or modified in accordance with its terms.
Security Trustee Agreement means the agreement entered into or to be entered into between the Borrower, the Security Trustee and the Lenders.
Security Trustee Agreement the Security Trustee Agreement [Engines] dated as of the date hereof among the Beneficiaries (as defined therein) and the Security Trustee.
Security Trustee Agreement means the Security Trustee Agreement to be entered into among Parent, the Administrative Agent, the party named as security trustee in that document and the other parties thereto.
Security Trustee Agreement means the security trustee agreement entered or to be entered into between the Lessor and each other Lessor Risk Party.
Security Trustee Agreement means the document listed as such on Schedule
Security Trustee Agreement shall have the meaning specified in the Debenture Trust Deed.