Security Trustee Director definition

Security Trustee Director means [•];
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Security Trustee Director means any Director appointed by the security trustee in accordance with a common terms agreement dated on or about 23 July 2002 between, inter alia, the Company, Barclays Bank plc, MBIA Assurance S.A., Anglian Water Services Financing Plc, Deutsche Trustee Company Limited, Barclays Capital and Citibank N.A. or otherwise appointed by the holder or a trustee for the holder of, and in accordance with the terms of, any security created by the Company over all or any of its assets;
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Security Trustee Director means ATK, acting in its capacity as security trustee director.
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Examples of Security Trustee Director in a sentence

  • However, the Noteholders of the Most Senior Class shall have the power, exercisable only by an Extraordinary Resolution, to remove the Security Trustee Director as director of the Security Trustee.

  • The Security Trustee Director has entered into the Security Trustee Management Agreement with the Security Trustee and the Issuer.

  • The Security Trustee Management Agreement with the Security Trustee Director may be terminated by the Security Trustee (or the Issuer on its behalf) upon the occurrence of certain termination events, including, but not limited to, a default by the Security Trustee Director (unless remedied within the applicable grace period), dissolution and liquidation of the Security Trustee Director or the Security Trustee Director being declared bankrupt or granted a suspension of payments.

  • The Security Trustee Director shall resign upon termination of the Security Trustee Management Agreement, provided that such resignation shall only be effective as from the moment (a) a new director reasonably acceptable to the Security Trustee has been appointed and (b) a Credit Rating Agency Confirmation in respect of each Credit Rating Agency is available in respect of such appointment.

  • In the event of termination, the Security Trustee Director shall fully co-operate with the other parties to the Security Trustee Management Agreement and do all such acts as are necessary to appoint a new director.

  • Intertrust (Luxembourg) S.à x.x. belongs to the same group of companies as Intertrust Management B.V., which is Shareholder Director and the Security Trustee Director.

  • In addition the Security Trustee Director agrees in the Security Trustee Management Agreement that it will not agree to any modification of any agreement including, but not limited to, the Transaction Documents or enter into any agreement, other than in accordance with the Trust Agreement and the other Transaction Documents.

  • The Security Trustee Director shall resign upon termination of the Security Trustee Management Agreement, provided that such resignation shall only be effective as from the moment (a) a new director reasonably acceptable to the Security Trustee has been appointed and (b) a Credit Rating Agency Confirmation is available in respect of such appointment.

  • Furthermore, the Security Trustee Management Agreement can be terminated by the Security Trustee Director or the Security Trustee per the end of each calendar year upon ninety (90) days prior written notice, provided that a Credit Rating Agency Confirmation in respect of each Credit Rating Agency is available in respect of such termination.

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Related to Security Trustee Director

  • Security Trustee shall have the meaning ascribed thereto in the preamble;

  • Security Trust Deed means the Security Trust Deed executed by, inter alia, the Borrower, the Guarantor, the Collateral Agent, the Facility Agent, the Original Secured Creditors (as defined therein) and the Delegate Collateral Agent and shall be substantially in the form of Exhibit P or otherwise reasonably acceptable to the Facility Agent.

  • charity trustee means a charity trustee of the CIO.

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Charity Trustees means the directors of the Academy Trust who are responsible for the general control and management of the administration of the Academy Trust.

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Note Trustee means the Person identified as the “Trustee” in the Indenture, solely in its capacity as Trustee pursuant to the Indenture and not in its individual capacity, or its successor in interest in such capacity, or any successor Trustee appointed as provided in the Indenture.

  • Collateral Trustee has the meaning set forth in the preamble.

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • NIM Trustee The trustee for the NIM Securities.

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Property Trustee appointed as therein provided.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).

  • City Treasurer means the appointed and acting City Treasurer or, in the City Treasurer’s absence, the appointed acting City Treasurer of the City.

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;

  • Initial Trustee shall have the meaning defined in the preamble hereto.

  • Appointed Trustee means each person acting in a Corporate Trust Capacity under each applicable Corporate Trust Contract.

  • Co-Trustee has the meaning set forth in the Basic Servicing Agreement.

  • Collateral Agent as defined in the preamble hereto.

  • 102 Trustee means the trustee appointed by the Company from time to time in accordance with the provisions of the Ordinance, and approved by the ITA, with respect to the Company 102 Options and Company 102 Shares.

  • Trustee Representatives has the meaning specified in Section 2.05(b).

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Trustee means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.