Security Trustee Agreement definition

Security Trustee Agreement shall have the meaning assigned to it under Recital C.

Security Trustee Agreement means the security trustee agreement dated as mentioned in Schedule 4 and as amended, acceded and supplemented from time to time.

Security Trustee Agreement means the Security Trustee Agreement dated as of the date hereof between WFB, not in its individual capacity, except as expressly stated therein, but solely as Security Trustee, and the Beneficiaries, as the same may from time to time be supplemented, amended or modified in accordance with its terms.

Examples of Security Trustee Agreement in a sentence

• The security created under the Security Trustee Agreement is a hypothecation on the receivables of the Company, present and future, in Favor of the Security Trustee, to be held in trust for the benefit of the Lenders.

• The security created or to be created under the Security Trustee Agreement is a continuing security ranking pari-passu inter se without any preference or priority to one Lender over the others and shall remain in full force and effect until all amounts outstanding to the Lenders are discharged.

• The security created or to be created under the Security Trustee Agreement is a continuing security ranking pari passu inter se without any preference or priority to one Lender over the others and shall remain in full force and effect until all amounts outstanding to the Lenders are discharged.

• The security created under the Security Trustee Agreement is a hypothecation on the receivables of the Company, present and future, in favour of the Security Trustee, to be held in trust for the benefit of the Lenders.

• Accordingly, the petitioners have filed the present petition seeking prior approval of the Commission for creation of security in favour of Security Trustee/lenders by way of mortgage/hypothecation/assignment of mortgaged properties and projects assets through execution of Security Trustee Agreement and other financing documents for the project.

More Definitions of Security Trustee Agreement

Security Trustee Agreement means the agreement between the Borrower, Security Trustee and the Finance Parties in relation to the appointment of the Security Trustee in respect of the Security Documents;

Security Trustee Agreement the Security Trustee Agreement [Spare Parts] dated as of the date hereof among the Beneficiaries (as defined therein) and the Security Trustee.

Security Trustee Agreement means the agreement entered into or to be entered into between the Borrower, the Security Trustee and the Lenders.

Security Trustee Agreement means the document listed as such on Schedule

Security Trustee Agreement means the Security Trustee Agreement to be entered into among Parent, the Administrative Agent, the party named as security trustee in that document and the other parties thereto.

Security Trustee Agreement shall have the meaning specified in the Debenture Trust Deed.

Security Trustee Agreement means the "Security Trustee Agreement " to be entered into between, amongst others, the Parent, the Facility Agent, and the party named as security trustee in that document.