Master Agreement Security Deed definition

Master Agreement Security Deed means, in relation to each Master Agreement, the security deed executed or (as the context may require) to be each executed by the Borrower in favour of the Security Trustee in such form as the Agent and the Majority Lenders may require in their sole discretion and in the plural means both of them;
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Master Agreement Security Deed means the deed executed or (as the context may require) to be executed by the Borrower in favour of the Bank in the form set out in schedule 10;
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Master Agreement Security Deed means the security deed in respect of the Master Agreement executed or (as the context may require) to be each executed by the Borrowers in favour of the Security Trustee in such form as the Agent and the Majority Lenders may require in their sole discretion;
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Examples of Master Agreement Security Deed in a sentence

  • If, in the circumstances referred to in Clause 8.6, a net payment is to be made by a Lender to the Borrower in accordance with the Master Agreement such payment shall, provided that no Event of Default has occurred and subject to the provisions of the Master Agreement Security Deed, be made to the Operating Account to be applied in accordance with the provisions of Clause 18.2.

  • The Borrowers agree, jointly and severally, to pay to the Agent on demand all stamp, documentary, registration or other like duties or taxes (including any duties or taxes payable by the Creditors or any of them) imposed on or in connection with this Agreement, the New Master Agreement Security Deed and the other Relevant Documents and shall indemnify the Creditors against any liability arising by reason of any delay or omission by the Borrowers or any of them to pay such duties or taxes.

  • Schedule 10 Form of Master Agreement Security Deed Private & Confidential Private & Confidential Dated 13 December 2007 KERASIES SHIPPING CORPORATION (1) and THE ROYAL BANK OF SCOTLAND plc (2) MASTER AGREEMENT SECURITY DEED m.v. Katerina Clause Page 1 Definitions 1 3 First fixed charge 2 4 Further documentation etc.

  • Each Swap Provider consents to the execution of the Master Agreement Security Deed and to the Encumbrances created by it.


More Definitions of Master Agreement Security Deed

Master Agreement Security Deed means a deed creating a charge over the rights and interests of the Borrowers under the Master Agreement (including in respect of any Transaction thereunder) in the Agreed Form;
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Master Agreement Security Deed means the deed containing, inter alia, a charge in respect of the Master Agreement executed or to be executed by the Borrower in favour of the Lender, in such form as the Lender may approve or require;
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Master Agreement Security Deed means the security deed dated 24 December 2007 executed by the Borrower in favour of the Bank;
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Master Agreement Security Deed means the security deed executed or (as the context may require) to be executed by the Borrowers in favour of the Bank in the form set out in schedule 8; “Master Swap Agreement” means the agreement made between the Bank and the Borrowers dated as of February 2006 comprising an ISDA Master Agreement, a schedule thereto (each in the form set out in schedule 7 and any Confirmations (as defined therein) supplemental thereto; “Milos Advances” means, together, the Milos Pre-delivery Advances and the Milos Delivery Advance and “Milos Advance” means any of them; “Milos Borrower” means Milos Maritime Inc. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, ▇▇▇▇▇▇▇▇ Islands MH96960 and includes its successors in title; “Milos Construction Cost” means the aggregate of (a) the Milos Contract Price and (b) the Milos Supervision Cost; “Milos Contract” means the shipbuilding contract dated 6 February 2005, as amended by addendum No. 1 dated 31 March 2005, addendum No. 2 dated 27 April 2005 and addendum No. 3 dated 27 May 2005, all made between the Builders and the Milos Borrower, as may be
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Master Agreement Security Deed means the first priority deed of assignment and charge in respect of the Borrower’s rights under the Master Agreements to be executed by the Borrower in favour of the Security Trustee in the agreed form;
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Master Agreement Security Deed the deed containing, inter alia, a charge in respect of the Master Agreement executed or to be executed by the Borrower in favour of the Bank, such deed to be in form and substance satisfactory to the Bank; "month" a period starting on one day in a calendar month and ending on the numerically corresponding day in the next calendar month save that, where any such period would otherwise end on a day which is not a Banking Day, it shall end on the next Banking Day unless that date falls in the calendar month succeeding that in which it would otherwise have ended, in which case it shall end on the preceding Banking Day provided that, if a period starts on the last Banking Day in a calendar month or if there is no numerically corresponding day in the month in which that period ends, that period shall end on the last Banking Day in that later month;
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