Master Trust Terms definition
Examples of Master Trust Terms in a sentence
Any purported transfer that is not in compliance with this Section will be void.” Notwithstanding Section 7, Party A hereby agrees and consents to the assignment by way of security by Party B of its interests and benefits under this Agreement to the Trustee in accordance with the terms of the Master Trust Terms pursuant to and in accordance with the relevant Constituting Instrument and acknowledges notice of such assignment.
The Schedules are part of these Master Trust Terms and have effect accordingly.
Save as otherwise specified herein, words and expressions defined in the Programme Deed or the Master Trust Terms shall have the same meanings when used in this Supplemental Programme Deed.
References in these Master Trust Terms to Euroclear and/or Clearstream, Luxembourg shall, wherever the context so permits, be deemed to include reference to any additional or alternative clearing system approved by the Issuer, the Trustee and the Issuing and Paying Agent.
Upon the execution of the Issue Deed by the parties thereto described as the parties to these Master Trust Terms, such parties will be deemed to have entered into the trust deed (the “Trust Deed”) in respect of the relevant Notes constituted and secured by such Issue Deed on the terms set out below, as modified and/or supplemented by such Issue Deed.