Examples of Trustee Claim in a sentence
The Trustee Claim in whole or in part may be enforced separately from the relevant Transaction Creditor's claim related thereto.
In the Trust Agreement, the Issuer has undertaken to pay the Security Trustee, under the same terms and conditions, an amount equal to the aggregate of all its present or future obligations to all the Transaction Creditors (including the holders of the Notes) pursuant to the Transaction Documents (the "Trustee Claim").
The assignment for security purposes pursuant to clauses 5.1 and 5.2 and the pledge pursuant to clause 6 (Pledge) serve to secure the Trustee Claim.
The rights of the Issuer pursuant to Clause 3 (Security Trustee Claim) in the event of an enforcement of the Security Trustee Claim shall remain unaffected.
The Senior Notes Indenture Trustee and the Debtors reserved all rights with respect to this Remaining Senior Indenture Trustee Claim, except with respect to any objections based on timeliness, which were waived with prejudice.
The Security Trustee Claim may be enforced separately from the Bondholder's claim in respect of the same obligation of the Issuer.
Accordingly, the Trustee will have an independent right granted in the form of an abstract acknowledgement of debt (abstraktes Schuldanerkenntnis, the "Trustee Claim") to demand performance by the Issuer of the Secured Obligations.
General Unsecured Claims are any Unsecured Claims against the Debtors other than a Senior Notes Claim, a Senior Subordinated Notes Claim, a JPMC Assumed Liability Claim, a WMB Vendor Claim, a WMI Vendor Claim, a CCB-1 Guarantees Claim, CCB-2 Guarantees Claim, a PIERS Claim, a Non-Subordinated Bank Bondholder Claim, a Convenience Claim, a Subordinated Claim, or a Trustee Claim.
The assignment for security purposes pursuant to clause 5.1 (Assignment for Security Purposes) and the pledge pursuant to clause 6 (Pledge) serve to secure the Trustee Claim of the Security Trustee.
Any discharge of the Secured Obligations to the Trustee or to any other relevant Secured Party shall, to the same extent, discharge the corresponding obligations owing to the other.6.2 Separate enforcementThe Trustee Claim may be enforced separately from the Secured Party's claim in respect of the same payment obligation of the Issuer.