Deed definition
Examples of Deed in a sentence
The Issuer hereby reaffirms its agreements and obligations under Section 3.04 of the Master Indenture and Clause 6 of the Deed of Charge dated 16 December 2011 between the Issuer and the Indenture Trustee (the “Deed of Charge”), including, without limitation, with respect to the Charged Property (as defined in the Deed of Charge).
The Security Agent will be entitled to rely on any certificate received in connection with this Clause 10.7 or otherwise under this Deed (including any certificate delivered pursuant to Clause 13.2 (Notification of Outstanding Principal Amount of Qualifying Senior Debt)) without incurring 32 164457054_19 any liability to any person for so relying and will have no duty to enquire as to the accuracy or validity of any such certificate.
Cover (a) Nothing in this Deed shall prevent any Issuing Bank, Guarantee Facility Provider or Ancillary Lender taking any Enforcement Action in respect of any Authorised Credit Facility Cash Cover permitted under an Authorised Credit Facility relating to: (i) any 16 164457054_19 Ancillary Facility; (ii) any Letter of Credit issued by an Issuing Bank; or (iii) any guarantee issued pursuant to a Guarantee Facility.
Each Party to this Deed (other than the Security Agent) acknowledges that in exercising any rights, discretions or powers of the Security Agent under any Finance Document, Clause 27 (Activities of the Security Agent) shall apply in respect of such Finance Document (mutatis mutandis).
Except where expressly provided in this Deed, nothing contained in this Deed is intended to or shall impair, as between the Subordinated Creditor, any Obligor and any Secured Creditor, the obligations of the Subordinated Creditor or any Obligor under the Finance Documents to which such Secured Creditor is a Party, including the obligation of the Subordinated Creditor and of each Obligor to pay the Secured Creditors all of the Secured Obligations owing by it.