Subordinated Trust Agreement definition
Examples of Subordinated Trust Agreement in a sentence
The Subordinated Trustee shall have those powers set forth in an appropriate Subordinated Trust Agreement, which shall not be inconsistent with the material terms of the Trust Agreement or these Master Terms.
For the avoidance of doubt, to the extent any provision of this Agreement conflicts with the requirements of Sections 5.02, 5.03, 5.05 and 5.09 of the Trust Agreement or Sections 5.02, 5.03 or 5.05 of the Subordinated Trust Agreement, excluding amendments thereto not permitted under Section 8.01, the requirements of the Trust Agreement or Subordinated Trust Agreement, as applicable, prior to such amendments, shall control.
The Subordinated Trustee shall have those powers set forth in an appropriate Subordinated Trust Agreement, which shall not be inconsistent with the material terms of the Trust Agreement or these Backup NDT Terms.