Security Trustee definition
Examples of Security Trustee in a sentence
All the terms, provisions, conditions and covenants herein contained shall be binding upon and shall inure to the benefit of the Grantor, the Security Trustee and their respective successors, assigns and transferees.
In addition, the Administrative Agent shall take all actions necessary to cause the Security Trustee to be granted, to the extent possible and required under the terms of the Security Trust Agreement and the Indenture, a security interest pursuant to Section 2.01 of the Security Trust Agreement in the interest of WEST and each other Managed Group Member in the cash balances from time to time deposited in the Accounts.
Notwithstanding anything herein to the contrary, the parties hereto acknowledge and agree that ▇▇▇▇ has assigned this Agreement (including all of it rights hereunder) as security to the Security Trustee.
Upon the execution of this Agreement and from time to time thereafter as called for by Section 3.01 of the Indenture, the Operating Bank shall establish and maintain on the books and records of its office specified in Section 10.02 and maintain for the benefit of the Security Trustee (on behalf of the Secured Parties) each respective Security Trustee Account (as an Eligible Account) to be established on the Initial Closing Date or at such other time.
Subject to Section 6.01, the benefit of the representations and warranties set forth in this Agreement shall run to the Security Trustee.