Issuer Security definition

Issuer Security means in relation to the First Issuer, the First Issuer Security and in relation to any New Issuer, the security created by such Issuer pursuant to the relevant Issuer Deed of Charge in favour of the Note Trustee for the benefit of the Issuer Secured Creditors;

Issuer Security means all or any of the Security Interests created or expressed to be created from time to time constituted by or pursuant to, or evidenced by, the Issuer Security Documents.

Issuer Security means the security granted pursuant to the Issuer Security Documents.

Examples of Issuer Security in a sentence

• In case insolvency proceedings are opened against the Issuer, Security Holders can only assert their claims pursuant to the German Insolvency Code (Insolvenzordnung).

• The Bond Trustee shall have no responsibility for the validity, sufficiency or enforceability of the Issuer Security.

• The Collateral Agent shall not be required to take any action in relation to the Issuer Security constituted by the CA Pledge Agreement which may (i) be illegal or contrary to any applicable law or regulation or (ii) cause it to expend or risk its own funds or otherwise incur any liability (including any personal liability) in the performance of its duties or in the exercise of any of its rights, powers and discretions, without first being indemnified and/or secured and/or prefunded to its satisfaction.

• After a Foreclosure Event has occurred and subsists, the Security Trustee will be entitled to take enforcement action under and in accordance with the Issuer Security Deed and the Master Security Trust Deed.

• The proceeds of enforcement of the Issuer Security will be applied in accordance with the order of application of payments specified in the Issuer Post-Enforcement Priority of Payments.

More Definitions of Issuer Security

Issuer Security means in relation any Issuer, the security created by such Issuer pursuant to the relevant Issuer Deed of Charge for the benefit of the relevant Issuer Secured Creditors;

Issuer Security means any mortgage, sub-mortgage, charge, sub-charge, assignment or assignation by way of security, pledge, lien, right of set-off, retention of title or other encumbrance or security interest created by the Issuer in favour of the Trustee (for itself and as trustee on behalf of the other Secured Creditors) under or pursuant to the English Deed of Charge and the Irish Security Deed or to the Secured Creditors as represented by the Trustee under the Swedish Security Agreement.

Issuer Security means the fixed and floating security granted by the Issuer to the Bond Trustee pursuant to the Issuer Deed of Charge.

Issuer Security means the security created by the Issuing Entity pursuant to the Issuer Deed of Charge;

Issuer Security means, collectively, any and all Security Interest created under the Security Documents. “Issuer’s Rights” mean the Issuer’s rights and remedies under the Transaction Documents.

Issuer Security means the Security Interests created by the Issuer under the Issuer Security Documents in favour of the Trustee;

Issuer Security means a security of a responsible issuer and includes a security: