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.