Examples of Warehouse Trust in a sentence
Dated: For and on behalf of Crusade Management Limited --------------------------------------- Authorised signatory RECEIPT We acknowledge receipt of the above Warehouse Trust Direction.
Each Approved Seller which disposes of Receivables to a Warehouse Trust acknowledges and agrees that those Receivables acquired from it by the Trustee in its capacity as trustee of a Warehouse Trust may be disposed of by the Trustee to another Trust.
If the Trustee accepts a Warehouse Trust Direction under clause 11.1, the Manager shall do everything reasonably necessary to enable the Trustee to implement the direction.
The Trustee will not accept a direction under clause 11.1 unless the direction (including the Receivables and Receivable Securities specified in the direction) complies with the requirements of the relevant Warehouse Trust Direction and any relevant Warehouse Facility Agreement or as the Manager and the Trustee otherwise agree.
Security in relation to a Series Trust means the Security Interest provided for in the Security Trust Deed for that Series Trust (if any) and, for the avoidance of doubt, in relation to a Warehouse Trust includes the Charge for that Warehouse Trust.