Examples of Australian Security Trustee in a sentence
The Administrative Agent may resign from its capacity as Australian Security Trustee at any time in accordance with the Australian Security Trust Deed.
The Borrower agrees to take, at the Borrower’s expense, such further actions as Administrative Agent and Australian Security Trustee shall reasonably request from time to time to evidence the amendments and waiver set forth herein and the transactions contemplated hereby.
The express powers granted to the Australian Security Trustee are in addition to any other power or rights it has under any other law.
As between the Australian Security Trustee and any Borrower, all action the Australian Security Trustee as security trustee for the Lenders is taken to be authorized unless such Borrower has actual notice to the contrary.
In relation to anything the Australian Security Trustee does or omits to do, a Borrower need not enquire (i) whether the Australian Security Trustee needed to consult with or has consulted with the Lenders, (ii) whether any Lender has instructed the Australian Security Trustee, or (iii) about the terms of any instructions.