Examples of Master Trust Deed in a sentence
NOW THIS SUPPLEMENTAL TRUST DEED WITNESSES AND IT IS HEREBY AGREED AND DECLARED as follows: The Series of ETP Securities (the “ETP Securities”) described in the Final Terms set out in the Schedule hereto, including any future Tranches of such Series of ETP Securities described in any Final Terms issued after the date hereof, are constituted by and in accordance with the Master Trust Deed and this Supplemental Trust Deed and secured by each relevant Security Document.
The Master Trust Deed and the Supplemental Trust Deed in respect of each Series of ETP Securities are referred to together as the "Trust Deed".
The Specific Portfolios Pursuant to the Master Trust Deed, the Issuer has, subject to the terms and conditions thereof, covenanted to invest the net proceeds of each issue of a Specific Series of Notes in securities and/or deposits and/or derivative transactions which meet the criteria set out below (each a “Specific Eligible Asset” and, together with the General Eligible Assets, the “Eligible Assets”).
All capitalised terms used but not defined in these Conditions will have the meanings given to them in the Master Trust Deed, the Trust Deed and/or the Master Definitions Schedule.
Save as otherwise provided, the Trustee shall not have regard to the interests of any Secured Party other than the Noteholders except to apply the proceeds of enforcement of the Security in accordance with the order of priority set out in the Master Trust Deed and Condition 4A(b), 4(B)(b) or 4C(b), as applicable.