Common use of Trust Deed Clause in Contracts

Trust Deed. (a) Each party to this Agreement acknowledges and agrees that the financial accommodation made available or to be made available to the Borrower by the Lender under this Agreement is and shall be made available on the terms and conditions contained in the Trust Deed in addition to the terms and conditions of this Agreement. (b) Unless defined otherwise in this Agreement, terms defined in the Trust Deed bear the same meaning when used in this Agreement. (c) Subject to Clause 35(b), the Lender confirms that it will be bound by any amendment agreed to, or waiver given in respect of, the provisions of the Trust Deed by the Trustee in accordance with the instructions of the Majority Creditors or all Creditors as the case requires in accordance with the terms of the amendment or waiver as if it were party to the relevant amendment agreement or had given the relevant waiver.

Appears in 1 contract

Sources: Loan Agreement (Bordeaux Acquisition Corp)

Trust Deed. (a) Each party to this Agreement acknowledges and agrees that the financial accommodation made available or to be made available to the Borrower Borrowers by the Lender under this Agreement is and shall be made available on the terms and conditions contained in the Trust Deed in addition to the terms and conditions of this Agreement. (b) Unless defined otherwise in this Agreement, terms defined in the Trust Deed bear the same meaning when used in this Agreement. (c) Subject to Clause 35(b), the The Lender confirms that it will be bound by any amendment agreed to, or waiver given in respect of, the provisions of the Trust Deed by the Trustee in accordance with the instructions of the Majority Creditors or all Creditors as the case requires in accordance with the terms of the amendment or waiver as if it were party to the relevant amendment agreement or had given the relevant waiver.

Appears in 1 contract

Sources: Facility Agreement (Bordeaux Acquisition Corp)

Trust Deed. (a) Each party to this Agreement acknowledges and agrees that the financial accommodation made available or to be made available to the Borrower by the Lender Participants under this Agreement is and shall will be made available on the terms and conditions contained in the Trust Deed in addition to the terms and conditions of this Agreement. (b) Unless defined otherwise in this Agreement, terms defined in the Trust Deed bear the same meaning when used in this Agreement. (c) Subject to Clause 35(b32.16(c), the Lender each Participant confirms that it will be bound by any amendment agreed to, or waiver given in respect of, the provisions of the Trust Deed by the Trustee in accordance with the instructions of the Majority Creditors or all Creditors as the case requires in accordance with the terms of the amendment or waiver as if it were party to the relevant amendment agreement or had given the relevant waiver.

Appears in 1 contract

Sources: Bridging Facility Agreement (Bordeaux Acquisition Corp)