Funding 2 Security Trustee Sample Clauses

Funding 2 Security Trustee. (a) The Funding 2 Security Trustee shall have no responsibility for any of the obligations of any other party to this Agreement (other than itself). For the avoidance of doubt, the parties to this Agreement acknowledge that the rights and obligations of the Funding 2 Security Trustee under this Agreement are governed by the Funding 2 Deed of Charge.
AutoNDA by SimpleDocs
Funding 2 Security Trustee. The Funding 2 Security Trustee has agreed to become a party to this Agreement for the better preservation and enforcement of its rights under the Transaction Documents and the Security (as defined herein and as defined in the Master Definitions and Construction Schedule) and shall not assume any liabilities or obligations under this Agreement unless such obligation or liability is expressly assumed by the Funding 2 Security Trustee in this Agreement. The Funding 2 Security Trustee will exercise its powers and authority under this Agreement in the manner provided for in the Master Issuer Trust Deed and the Funding 2 Deed of Charge and, in so acting, the Funding 2 Security Trustee shall have the protections, immunities, rights, powers, authorisations, indemnities and benefits conferred on it under and by the Master Issuer Trust Deed, the Funding 2 Deed of Charge and the other Transaction Documents.
Funding 2 Security Trustee. The Funding 2 Security Trustee has agreed to become a party to this Agreement for the better preservation and enforcement of its rights under the Transaction Documents and the Security Documents and shall not assume any liabilities or obligations under this Agreement unless such obligation or liability is expressly assumed by the Funding 2 Security Trustee in this Agreement. The Funding 2 Security Trustee will exercise its powers and authority under this Agreement in the manner provided for in the Master Issuer Trust Deed and the Funding immunities, rights, powers, authorisations, indemnities and benefits conferred on it under and by the Master Issuer Trust Deed, the Funding 2 Deed of Charge and the other Transaction Documents.
Funding 2 Security Trustee. The Funding 2 Security Trustee has agreed to become a party to this Agreement for the better preservation and enforcement of its rights under the Transaction Documents and the Security Documents and shall not assume any liabilities or obligations under this Agreement unless such obligation or liability is expressly assumed by the Funding 2 Security Trustee in this Agreement. The Funding 2 Security Trustee will exercise its powers and authority under this Agreement in the manner provided for in the Master Issuer Trust Deed and the Funding immunities, rights, powers, authorisations, indemnities and benefits conferred on it under and by the Master Issuer Trust Deed, the Funding 2 Deed of Charge and the other Transaction Documents. shamolla Typewritten Text 11 December 2014 shamolla Typewritten Text shamolla Typewritten Text 11 December 2014 shamolla Typewritten Text SCHEDULE A [On headed paper of Security Provider/Funding 2/Funding 2 Security Trustee as applicable] SIGNATURE CERTIFICATE I hereby certify to The Bank of New York Mellon, London Branch that I am the ____________ of ______________________ (the “Company”), __________________________, and that, as such, I am duly authorised to execute this Certificate on behalf of the Company, and further certify that each of the following persons, as of the date hereof, is a duly elected, qualified and acting officer of the Company, holding the office of the Company set opposite his name below and that the signature of each such person appearing opposite such person’s name below is such person’s own true signature: Name Office Signature Director [Secretary] Signed this , 20 ______________________________________________ Capacity: SCHEDULE B REGULATORY PROVISIONS Capitalised terms not otherwise defined herein shall have the meanings given in Section 1.1 of this Custody Agreement.

Related to Funding 2 Security Trustee

  • SECURITY TRUSTEE SIGNED by ) for and on behalf of ) THE BANK OF NEW YORK )

  • The Security Trustee The Security Trustee has agreed to become a party to this Agreement for the better preservation and enforcement of its rights under this Agreement but shall have no responsibility for any of the obligations of, nor assume any liabilities to, the Cash Manager, the Account Banks, the Mortgages Trustee or Funding hereunder.

  • Collateral Trustee (a) The Collateral Trustee will hold (directly or through co-trustees or agents) and, subject to the terms of the Intercreditor Agreement, will be entitled to enforce all Liens on the Collateral created by the Security Documents.

  • Security Agent (a) Each other Finance Party appoints the Security Agent to act as its agent and (to the extent permitted under any applicable law) trustee under and in connection with the Security Documents and confirms that the Security Agent shall have a lien on the Security Documents and the proceeds of the enforcement of those Security Documents for all moneys payable to the beneficiaries of those Security Documents.

  • Collateral Agent (i) Collateral Agent may resign at any time by giving thirty (30) days’ prior written notice thereof to Lenders and Company. Upon any such notice of resignation, the Requisite Lenders shall have the right, upon five (5) Business Days’ notice to Company, to appoint a successor Collateral Agent provided, that the appointment of a successor Collateral Agent shall require (so long as no Default or Event of Default has occurred and is continuing) Company’s approval, which approval shall not be unreasonably withheld, delayed or conditioned. If, however, a successor Collateral Agent is not appointed within sixty (60) days after the giving of notice of resignation, the Collateral Agent may petition a court of competent jurisdiction for the appointment of a successor Collateral Agent. Upon the acceptance of any appointment as Collateral Agent hereunder by a successor Collateral Agent, that successor Collateral Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Collateral Agent and the retiring Collateral Agent shall promptly (i) transfer to such successor Collateral Agent all sums, Securities and other items of Collateral held under the Collateral Documents, together with all records and other documents necessary or appropriate in connection with the performance of the duties of the successor Collateral Agent under the Credit Documents, and (ii) execute and deliver to such successor Collateral Agent such amendments to financing statements, and take such other actions, as may be necessary or appropriate in connection with the appointment of such successor Collateral Agent and the assignment to such successor Collateral Agent of the security interests created under the Collateral Documents, whereupon such retiring Collateral Agent shall be discharged from its duties and obligations hereunder. After any retiring Collateral Agent’s resignation hereunder as Collateral Agent, the provisions of this Section 8 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Collateral Agent hereunder.

  • Secured Parties Each Secured Party that is not a party to the Credit Agreement who obtains the benefit of this Agreement shall be deemed to have acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of the Credit Agreement, and with respect to the actions and omissions of the Administrative Agent hereunder or otherwise relating hereto that do or may affect such Secured Party, the Administrative Agent and each of its Affiliates shall be entitled to all of the rights, benefits and immunities conferred under Article IX of the Credit Agreement.

  • Global Agent The entity selected by Xxxxxxx Mac to act as its global, calculating, transfer, authenticating and paying agent for the Original Notes, which as of the Closing Date is U.S. Bank, and who will act as calculating, authenticating and paying agent with respect to the MAC Notes pursuant to the direction of the Exchange Administrator.

  • Successor Administrative Agent and Collateral Agent (a) Administrative Agent and Collateral Agent may resign at any time by giving thirty (30) days’ prior written notice thereof to Lxxxxxx and Bxxxxxxx. Upon any such notice of resignation, Requisite Lenders shall have the right, upon five (5) Business Days’ notice to Bxxxxxxx, to appoint a successor Administrative Agent and Collateral Agent; provided that in no event shall any such successor Agent be a Defaulting Lender. Upon the acceptance of any appointment as Administrative Agent and Collateral Agent hereunder by a successor Administrative Agent and Collateral Agent, that successor Administrative Agent and Collateral Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent and Collateral Agent and the retiring Administrative Agent and Collateral Agent shall promptly (i) transfer to such successor Administrative Agent and Collateral Agent all sums, Securities and other items of Collateral held under the Collateral Documents, together with all records and other documents necessary or appropriate in connection with the performance of the duties of the successor Administrative Agent and Collateral Agent under the Loan Documents, and (ii) execute and deliver to such successor Administrative Agent and Collateral Agent such amendments to financing statements, and take such other actions, as may be necessary or appropriate in connection with the assignment to such successor Administrative Agent and Collateral Agent of the security interests created under the Collateral Documents, whereupon such retiring Administrative Agent and Collateral Agent shall be discharged from its duties and obligations hereunder. After any retiring Administrative Agent’s and Collateral Agent’s resignation hereunder as Administrative Agent and Collateral Agent, the provisions of this Article X shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent and Collateral Agent hereunder.

  • Notice to Banks; Funding of Loans (a) Upon receipt of a Notice of Borrowing, the Agent shall promptly notify each Bank of the contents thereof and of such Bank's share (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Borrower.

  • Administrative Agent Bank of America, N.A., as the administrative agent under the Credit Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.