Facility Security Trustee definition

Facility Security Trustee means Credit Agricole Corporate and Investment Bank acting through its head office at ▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, 92920 Paris La Defense, Paris, France in its capacity as security trustee on behalf of the Facility Beneficiaries for the purposes of the Facility Documents or such other person as may be appointed facility security trustee pursuant to clause 15.21 of this Agreement. FATCA means:
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Facility Security Trustee means Barclays Bank PLC a company incorporated under the laws of England and Wales, acting through its office at ▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇ or such other person as may at the relevant time be appointed, and be acting, as facility security trustee pursuant to clause 29 of the Agency Agreement, together with each other person who may at the relevant time be acting as additional or co-trustee pursuant to clause 28 of the Agency Agreement and (unless the context otherwise requires) each agent appointed by the Facility Security Trustee pursuant to clause 24 of the Facility Agency Agreement;
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Facility Security Trustee means The Law Debenture Corporation PLC;
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Examples of Facility Security Trustee in a sentence

  • Each of the other Facility Beneficiaries agrees that the obligations, rights and benefits vested in the Facility Security Trustee shall be performed and exercised in accordance with this clause 15.

  • The Facility Security Trustee agrees and declares, and each of the other Facility Beneficiaries acknowledges, that, subject to the terms and conditions of this clause 15.3, the Facility Security Trustee holds the Secured Property on trust for the Facility Beneficiaries absolutely.

  • Each party shall also, subject to the terms and conditions of this Agreement (including but not limited to the requirements to communicate via the Facility Agent, the K-Sure Agent, the KEXIM Guarantee Agent, the GIEK Agent and/or the Facility Security Trustee), be authorised to communicate by e-mail with any third parties who may be involved in this transaction or affected by the Facility Documents.

  • Where the Facility Security Trustee is named on any insurance policy (including the Insurances) as an insured party and/or loss payee, the Facility Security Trustee shall not be responsible for any loss which may be suffered by reason of, directly or indirectly, its failure to notify the insurers of any material fact relating to the risk assumed by such insurers or any other information of any kind.

  • The Borrower shall pay to the Facility Security Trustee a trustee fee in the amount and at the times agreed in a Fee Letter.

  • The Facility Security Trustee agrees and declares, and each of the other Facility Beneficiaries acknowledges, that, subject to the terms and conditions of this clause 15.3, the Facility Security Trustee holds the Secured Property on trust for itself and the Facility Beneficiaries absolutely.

  • The Facility Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any of the Security Parties have to any of the Secured Property and shall not be liable for or bound to require any Security Party to remedy any defect in its right or title.

  • Any communication or document to be made or delivered to the Facility Agent, the Facility Security Trustee or the GIEK Agent will be effective only when actually received by the Facility Agent, the Facility Security Trustee or the GIEK Agent.

  • For the purposes of this clause, the Facility Security Trustee shall be entitled to rely on any instruction from the Facility Agent on behalf of the relevant Facility Lenders and it will not be liable for acting or refraining from acting in the absence of such instructions.

  • The Facility Security Trustee shall not be bound to supervise, or be responsible for any loss incurred by reason of any act or omission of, any such person if the Facility Security Trustee shall have exercised reasonable care in the selection of such person.


More Definitions of Facility Security Trustee

Facility Security Trustee means Citibank N.A., London Branch acting through its head office at Citigroup Centre, Canada Square, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇ in its capacity as security trustee on behalf of the Facility Beneficiaries for the purposes of the Facility Documents or such other person as may be appointed facility security trustee pursuant to clause 15.21 of this Agreement. FATCA means:
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Facility Security Trustee means ABN AMRO Capital USA LLC acting through its office at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇ in its capacity as security trustee on behalf of the Facility Beneficiaries for the purposes of the Facility Documents or such other person as may be appointed facility security trustee pursuant to clause 15.21 of this Agreement. FATCA means:
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