Junior Security Trustee definition

Junior Security Trustee means HSH Nordbank AG, acting through its office at ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇, D 20095 Hamburg, Germany;

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Junior Security Trustee means DNB Bank ASA acting in its capacity as security trustee under and in relation to the Junior Loan Agreement;

Junior Security Trustee means Arena Special Opportunities (Offshore) Master, LP in its capacity as trustee of the Incannex Healthcare Security Trust.

Examples of Junior Security Trustee in a sentence

Each of the Borrower, each Guarantor, the Junior Security Trustee and each Subordinated Creditor irrevocably consents to any process in any legal action or proceedings under clause 30.2 being served on it in accordance with the provisions of this deed relating to service of notices.
Each of the Borrower, a Guarantor, the Subordinated Creditors and the Junior Security Trustee ratifies and confirms, and agrees to ratify and confirm, anything which any of its attorneys may do in the proper and lawful exercise or purported exercise of all or any of the powers, authorities and discretions referred to in clause 18.1.
Except for the Junior Agent, the Junior Security Trustee and the Junior Lenders in respect of the provisions contained in Clause 7.2.3 and Clause 17.13, a person who is not a Party may not enforce, or otherwise have the benefit of, any provision of this Agreement under the Contracts (Rights of Third Parties) ▇▇▇ ▇▇▇▇.
Executed as a deed by ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ) as Junior Security Trustee, in the presence of: ) Witness signature:…..….....................................
The Subordinated Creditors or the Junior Security Trustee may assign or otherwise dispose of all or any of its rights under this deed provided that: (i) the relevant assignee or transferee executes and delivers to the Senior Creditors a deed (in a form acceptable to the Senior Creditors) pursuant to which the assignee or transferee agrees to be bound by the terms of this deed; and (ii) there is no event of default under any Debt Document subsisting as at the date of the proposed assignment and/or transfer.
By way of security, each of the Borrower, each Guarantor, the Subordinated Creditors and the Junior Security Trustee irrevocably appoints the Senior Creditors to be its attorney and, in its name, on its behalf and as its act and deed, to execute any documents and do any acts and things which the Borrower, the Guarantors, the Subordinated Creditors and/or the Junior Security Trustee are required to execute and do under this deed.
The Junior Security Trustee acts as security agent and trustee for the Subordinated Creditors in respect of the Junior Security.

More Definitions of Junior Security Trustee

Junior Security Trustee means Citicorp Trustee Company Limited or such other person as is appointed under the Subordination Deed in the capacity of junior security trustee. Lender means:

Junior Security Trustee means the “Security Trustee” as such term is defined in the Junior Loan Agreement;

Junior Security Trustee means HSH Nordbank AG, acting through its office at Gerhart-Hauptmann Platz 50, D 20095 Hamburg, Germany; “Lender” means, subject to Clause 24.6, a corporation listed in Schedule 1 or its transferee, successor or assign;

Junior Security Trustee means HSH Nordbank AG, acting through its office at Gerhart-Hauptmann Platz 50, D 20095 Hamburg, Germany;