Charging Group Member definition

Charging Group Member means each member of the Charging Group.
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Charging Group Member means any Eligible Group Member which creates security in favour of the Security Trustee for the benefit of itself and the 2044 Bond Beneficiaries pursuant to, and in accordance with, the Security Documents, other than where such entity has ceased to be a Charging Group Member in accordance with the Bond Trust Deed and the Security Trust Deed;
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Charging Group Member means any Eligible Group Member which creates security in favour of the Security Trustee for the benefit of itself and the 2051 Bond Beneficiaries pursuant to and in accordance with the Security Documents, other than where such entity has ceased to be a Charging Group Member in accordance with Clause 7 (Admission and Release of Charging Group Members)
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Examples of Charging Group Member in a sentence

  • Massive opposition to the tricameral parliament continued throughout the 1980s.

  • The Issuer also covenants, and each Charging Group Member will covenant in the Bond Trust Deed, that it shall not, save as expressly permitted by the Bond Trust Deed and/or the Security Documents, sell, transfer, grant or lease or otherwise dispose of all or any part of the Security Assets without the prior written consent of the Bond Trustee or the Security Trustee, as applicable, or as permitted under these Conditions, the Bond Trust Deed and/or the Security Documents.

  • The Issuer also covenants, and each Charging Group Member will covenant in the Note Trust Deed, that it shall not, save as expressly permitted by the Note Trust Deed and/or the Security Documents, sell, transfer, grant or lease or otherwise dispose of all or any part of, or any interest in, the Series Charged Property without the prior written consent of the Note Trustee or the Security Trustee, as applicable, or as permitted under the Conditions, the Note Trust Deed and/or the Security Documents.

  • The Issuer shall provide, and shall procure that each Charging Group Member provides, to the relevant Valuers (and, in the case of the Charging Group Members, the Issuer) all reasonable assistance to enable them to carry out a Valuation of the Charged Properties and permit them such access to the Charged Properties and the records and accounts of the Issuer and such Charging Group Member, as applicable, as they reasonably require.

  • For so long as any of the Notes remains outstanding (as defined in the Note Trust Deed), the Issuer covenants to comply with, and to procure that each Charging Group Member complies with, its various undertakings set out in the Note Trust Deed and the Security Documents including, but not limited to, undertakings as to the maintenance of the Charged Properties.

  • In the case of a Charging Group Member which is a company limited by guarantee, the relevant Security Agreement(s) will also contain a floating charge granted by such Charging Group Member over the whole of its undertaking and assets, which may be crystallised by the Security Trustee, prior to the appointment of an administrator to such Charging Group Member, if an Enforcement Event occurs and is continuing unremedied or unwaived.

  • Fixtures means, in relation to any Charged Property, all fixtures and fittings (including trade fixtures and fittings) and fixed plant and machinery from time to time thereon owned by the Issuer or the relevant Charging Group Member, as the case may be.

  • In the case of a Charging Group Member which is a company limited by guarantee, the relevant Security Agreement(s) will also contain a floating charge granted by such Charging Group Member over the whole of its undertaking and assets.

  • COVENANTS 5.1 General Covenant The Issuer covenants to comply with, and to procure that each Charging Group Member complies with, its various undertakings set out in the Bond Trust Deed and the Security Documents including, but not limited to, undertakings as to the maintenance of the Charged Properties.

  • In the case of a Charging Group Member which is a company limited by guarantee and has granted a floating charge over the whole of its undertaking and assets, the above restrictions shall not apply in respect of the assets which are subject to such floating charge prior to the crystallisation thereof to the extent that those assets are not also subject to fixed security interests under the Security Documents.


More Definitions of Charging Group Member

Charging Group Member means any Eligible Group Member which creates security in favour of the Security Trustee for the benefit of itself and the 2048 Bond Beneficiaries pursuant to, and in accordance with, the Security Documents, other than where such
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Related to Charging Group Member

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Obligated Person means any person, including the Issuer, who is either generally or through an enterprise, fund, or account of such person committed by contract or other arrangement to support payment of all, or part of the obligations on the Bonds (other than providers of municipal bond insurance, letters of credit, or other liquidity facilities), as shown on Exhibit A.

  • Group Company means any one of them;

  • Borrower Party means the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Group Members the collective reference to the Borrower and its Subsidiaries.

  • relevant person means, in relation to premises in respect of which there is in force a premises licence -

  • Credit Party means the Administrative Agent, any Issuing Bank, the Swingline Lender or any other Lender.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Borrower Parties means the collective reference to the Borrower and its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Restricted Group Collectively, the following persons and entities: the Trustee; the Underwriters; the Depositor; the Master Servicer; the Special Servicer; any Sub-Servicers; the Sponsors; each Mortgagor, if any, with respect to Mortgage Loans constituting more than 5% of the total unamortized principal balance of all the Mortgage Loans in the Trust Fund as of the Closing Date; and any and all Affiliates of any of the aforementioned Persons.