Common use of Prior to full satisfaction Clause in Contracts

Prior to full satisfaction. (a) Subject to the provisions of this Agreement, the Security Trustee is hereby authorised to execute on behalf of itself and each Bondholder, without the need for any further referral to or authority from such person, any release of the Relevant Security over that asset.

Appears in 10 contracts

Samples: German Security and Security Trust Agreement, German Security and Security Trust Agreement, German Security and Security Trust Agreement

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Prior to full satisfaction. (a) Subject to the provisions of this Agreement, the Security Trustee is hereby authorised to execute on behalf of itself and each Bondholder, without the need for any further referral to or authority from such person, any release of the Relevant a Security over that assetInterest.

Appears in 1 contract

Samples: Security Trust Agreement

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