Examples of Series Secured Parties in a sentence
In particular, the basis of the Series Secured Parties' apportionment may only be changed upon the request of the Note Trustee upon the security under the Security Documents in respect of the Charged Properties becoming enforceable and having been enforced.
In respect of security allocated on a Numerical Apportionment Basis, a specific number of Units will be allocated to the Series Secured Parties.
Each Conveyance of Conveyed Assets shall be evidenced by the execution and delivery by the Obligors and ABS of this Master Sale Agreement and the execution and delivery of a Sale Agreement Supplement in the form of Exhibit A hereto, and all of the Obligors' rights hereunder and thereunder shall similarly be pledged to the Trustee for the benefit of the related Series Secured Parties as of the related Purchase Date.
Any such waiver, authorisation or determination may be given or made on such terms and subject to such conditions (if any) as the Note Trustee may determine, shall be binding on the Noteholders, the Couponholders and the Series Secured Parties and, unless the Note Trustee agrees otherwise, shall be notified by the Issuer to the Noteholders in accordance with Condition 16 (Notices) as soon as practicable thereafter.
In respect of security allocated on a Specific Apportionment Basis, the security in respect of such Series will comprise the specific Charged Properties allocated to the Series Secured Parties in respect of such Series and as agreed between the Issuer and the Note Trustee.
Any such modification may be made on such terms and subject to such conditions (if any) as the Note Trustee may determine, shall be binding upon the Noteholders, the Couponholders and the Series Secured Parties and, unless the Note Trustee agrees otherwise, shall be notified by the Issuer to the Noteholders in accordance with Condition 16 (Notices) as soon as practicable thereafter.
Where Numerical Apportionment Basis is specified as applicable in the applicable Pricing Supplement, a specific number of units in respect of the Charged Properties will be apportioned to the Series Secured Parties in respect of such Series as agreed between the Issuer, the Charging Group Members (if any) and the Representative.
ABS hereby makes the following representations and warranties for the benefit of the Obligors, the Trustee and the related Series Secured Parties.
In particular, the basis of the Series Secured Parties' apportionment may only be changed upon the request of the Note Trustee upon the security under the Security Documents in respec t of the Charged Properties becoming enforceable and having been enforced.
Such predecessor shall, nevertheless, on the written request of the Series Secured Parties or the Issuer, execute and deliver an instrument transferring to such successor all the related estates, properties, rights and powers of such predecessor hereunder.