Examples of Trading Hold Co in a sentence
To the extent any member of the Trading Hold Co Group grants General Security or Trading Hold Co Security over its fixed assets it shall be free to deal with those assets in the course of its operations and business and in compliance with the Debt Documents until an Acceleration Event has occurred.
The notice of Security will request these are waived by the account bank but the relevant member of the Trading Hold Co Group shall not be required to change its banking arrangements if such Security interests are not waived or only partially waived or waived subject to conditions.
Trading Hold Co Share charge over all of the shares in Trading Hold Co, assignment of all receivables owing by Trading Hold Co to its immediate parent and security over all assets of Trading Hold Co (second ranking with respect to share security over Trading Co and intercompany receivables owing by Trading Co to Trading Hold Co).
Th e FD IC w ill als o req u ire th at is su es of p erp etu al p referred s to ck b e co n s is te n t w ith safe an d soun d ban king p ractice s .
No notice whether to third parties or by attaching a notice to the fixed assets or otherwise shall be prepared or given unless an Acceleration Event has occurred and the Common Security Agent or the Trading Hold Co Security Agent (as applicable) so requests for such notice to be prepared and given.
If required under local law, General Security or Trading Hold Co Security over such intercompany receivables will be registered subject to the general principles set out in these Security Principles.
Trading Co shall not directly or indirectly (i) purchase any New Trading Hold Co Bonds, or (ii) lend or otherwise advance or distribute to Trading Hold Co, any amounts (including for the purpose of paying regularly scheduled interest or capitalised interest) until the date (the "Relevant Date") on which Trading Co has redeemed USD110,000,000 in aggregate principal amount of the New Trading Co Bonds by way of optional or mandatory redemption.
New Trading Hold Co Bonds that are offered and sold outside of the United States in reliance on Regulation S to be issued in the form of a Regulation S global note.
To the extent General Security or Trading Hold Co Security is granted by a member of the Trading Hold Co Group over its bank accounts (other than a Borrower Cash Collateral Account), it shall be (unless expressly provided otherwise in the Debt Documents) free to deal with those bank accounts in the course of its operations and business until an Event of Default has occurred.
The nature of the Transaction Security to be granted, and the assets which will be subject to it, are as set out paragraph 3 (Types of Assets - Borrower Cash Collateral), paragraph 4 (Types of Assets - General Security and Trading Hold Co Security) and paragraph 5 (Types of Assets - Trade-Specific Security).