General Security Trustee definition

General 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 have been appointed and be acting as general security trustee pursuant to clause 7.23 of the Deed of Proceeds and Priorities, together with each other person who may at the relevant time be acting as additional or co-trustee pursuant to clause 7.22 of the Deed of Proceeds and Priorities and (unless the context otherwise requires) each agent appointed by the General Security Trustee pursuant to clause 7.18 of the Deed of Proceeds and Priorities;

Examples of General Security Trustee in a sentence

  • Certified translated extract from the register of the Flag State, evidencing the registration of Haewene Brim and the BHB Mortgage and the BHB Mortgage Release Deed in favour of the General Security Trustee.

  • If the Majority Banks do so agree, the Facility Agent or the General Security Trustee (as applicable) shall promptly notify Enterprise pursuant to paragraph 4(h) of the Additional Equipment Lessor Enterprise Consent Letter.

  • The Effective Time shall be the time at which the Facility Agent, acting as agent of the General Security Trustee pursuant to clause 7.18 of the Deed of Proceeds and Priorities, determines in writing that each of the conditions specified in schedule 3 has been fulfilled to its satisfaction.

  • Evidence that each of (a) Enterprise and (b) the Facility Agent and General Security Trustee on behalf of the Beneficiaries have consented to the leasing arrangements relating to the Haewene Brim Equipment.

Related to General Security Trustee

  • Security Trustee shall have the meaning ascribed thereto in the preamble;

  • charity trustee means a charity trustee of the CIO.

  • Security Trust Deed means the Security Trust Deed executed by, inter alia, the Borrower, the Guarantor, the Collateral Agent, the Facility Agent, the Original Secured Creditors (as defined therein) and the Delegate Collateral Agent and shall be substantially in the form of Exhibit P or otherwise reasonably acceptable to the Facility Agent.

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).