Security Trustee definition

Security Trustee shall have the meaning ascribed thereto in the preamble;

Security Trustee means Computershare Trust Company of Canada;

Security Trustee means HSH Nordbank AG, acting in such capacity through its office at Xxxxxxx-Xxxxxxxxx-Xxxxx 00, X-00000, Xxxxxxx, Xxxxxxx, or any successor of it appointed under clause 5 of the Agency and Trust Agreement;

Examples of Security Trustee in a sentence

• The parties hereto agree that the Security Trustee has used due care and skill in appointing the Servicer as the Security Trustee's agent and in accordance with paragraph 2.1 (Appointment of Servicer) hereof, each agree that the Security Trustee is not responsible for the actions of the Servicer and that accordingly no party hereto shall be entitled to make any claim or take any other action against the Security Trustee by virtue of the Servicer acting as the Security Trustee's agent.

• Any liberty or right which may be exercised or any determination which may be made under this Deed by the relevant Security Trustee may be exercised or made in the relevant Security Trustee's absolute discretion without any obligation to give reasons therefor and the relevant Security Trustee shall not be responsible for any liability occasioned by so acting but subject always to the terms of the relevant Deed of Charge.

• All contractors and their employees must provide a copy of their identity d ocument to the Security Trustee prior to first time entry on to the Estate.

• Following completion of the purchase of any Purchased Receivables, the Servicer will ensure that the Purchased Receivable Records in respect of the Ancillary Rights and the relevant Financing Contracts are held to the order of the Issuer and the Security Trustee.

• For the avoidance of doubt, the Security Trustee only appoints the Servicer as its lawful agent and, in its name and on its behalf, to provide the Services after the delivery of an Enforcement Notice.

More Definitions of Security Trustee

Security Trustee means, initially, Permanent Registry Limited and subsequently the person who is from time to time the trustee of the trust constituted under the Security Trust Deed.

Security Trustee means Bank of Utah in its capacity as Security Trustee hereunder, and any successor thereto in such capacity.

Security Trustee means Deutsche Trustee Company Limited, in its capacity as security trustee under the Trust Deed and the Deed of Charge together with any successor security trustee appointed from time to time;

Security Trustee means ABN AMRO Bank N.V. acting for the purposes of this Agreement through its branch at 93 Coolsingel, 3012 Rotterdam, the Netherlands (or of such other address as may last have been notified to the other parties to this Agreement pursuant to clause 17.2.3) or such other person as may be appointed as Security Trustee and trustee by the Lenders, the Account Bank and the Agent pursuant to clause 16.14;

Security Trustee means The Law Debenture Trust Corporation p.l.c. and its successors and assigns under the Security Trust Agreement.

Security Trustee has the meaning specified in the recital of parties to this Agreement.

Security Trustee means the Person appointed, at the time of determination, as the trustee for the benefit of the Secured Parties pursuant to Section 5.01 of the Security Trust Agreement. The initial Security Trustee is Deutsche Bank Trust Company Americas.