Trustee Covenants definition

Trustee Covenants. The Trustee has agreed to certain restrictive covenants as set out in Condition 6. Ratings: DIB has been assigned ratings of "A" by Fitch with a "stable" outlook and "A3" by Xxxxx'x with a "negative" outlook. The Certificates will not be rated by any rating organisation upon their issue. A rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, reduction or withdrawal at any time by the assigning rating agency.
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Trustee Covenants. The Trustee has agreed to certain restrictive covenants as set out in Condition 6(a) (Trustee Covenants).
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Trustee Covenants. The Trustee has agreed to certain restrictive covenants as set out in Condition 7 (Covenants). Ratings: Upon issue, the Certificates are expected to be assigned a rating of "A" by S&P and a rating of "A3" by Xxxxx'x. A rating is not a recommendation to buy, sell or hold the Certificates (or beneficial interests therein) and may be subject to revision, suspension or withdrawal at any time by the assigning rating organisation.
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Examples of Trustee Covenants in a sentence

  • Section 8.16 Trustee Covenants Concerning Year 2000 Compliance.............

  • Trustee Covenants The Trustee has agreed to certain restrictive covenants as set out in Condition 6 (Covenants).

  • Section 8.16 Trustee Covenants Concerning Year 2000 Compliance..............

  • Section 8.16 Trustee Covenants Concerning Year 2000 Compliance............

  • Jesus, accompanied by His Mother, began His intensive apostolate in Galilee by visiting the town of Cana in Galilee again, where He had turned water into wine.

  • Trustee Covenants: The Trustee has agreed to certain restrictive covenants as set out inCondition 5.

  • Trustee Covenants The Trustee has agreed to certain restrictive covenants as set out in Condition 6(a).

  • Trustee Covenants: The Trustee has agreed to certain restrictive covenants as setout in Condition 6(a) (Trustee Covenants).

  • The Trustee has agreed to certain restrictive covenants as set out inCondition 6.1 (Trustee Covenants).

  • The Trustee has agreed to certain restrictive covenants as set out in Condition 6(a) (Trustee Covenants).


More Definitions of Trustee Covenants

Trustee Covenants. The Trustee has agreed to certain restrictive covenants as set out in Condition 6. Ratings: DIB has been assigned ratings of "A" by Fitch with a "stable" outlook and "A3" by Xxxxx'x with a "stable" outlook. The Certificates will not be rated by any rating organisation upon their issue.
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Trustee Covenants. The Trustee has agreed to certain restrictive covenants as set out in Condition 6. Ratings: SIB has been assigned ratings of "BBB+" (stable outlook) by Xxxxx, "X0" (negative outlook) and "Prime-2" (stable outlook) by Xxxxx'x and "A-" (stable outlook) by S&P. The Certificates will not be rated by any rating organisation upon their issue. A rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, reduction or withdrawal at any time by the assigning rating agency.
Sample 1
Trustee Covenants. The Trustee has agreed to certain restrictive covenants as set out in Condition 6 (Covenants). Ratings: Upon issue, the Certificates are expected to be assigned a rating of "B1(hyb)" by Xxxxx'x.
Sample 1

Related to Trustee Covenants

  • Affirmative Covenants The following affirmative covenants, among others, if any, to be negotiated in the Senior Facilities Documentation, will apply (to be applicable to the Borrower and its restricted subsidiaries), subject to customary (consistent with the Documentation Precedent) and other baskets, exceptions and qualifications to be agreed upon: maintenance of corporate existence and rights; performance and payment of obligations; delivery of annual and quarterly consolidated financial statements (accompanied by customary management discussion and analysis and (annually) by an audit opinion from nationally recognized auditors that is not subject to any qualification as to scope of such audit or going concern) (other than solely with respect to, or resulting solely from an upcoming maturity date under any series of indebtedness occurring within one year from the time such opinion is delivered) (with extended time periods to be agreed for delivery of the first annual and certain quarterly financial statements to be delivered after the Closing Date) and an annual budget (it being understood that the public REIT reporting that includes the Borrower shall satisfy the Borrower’s reporting obligations so long as it includes a consolidating income statement and balance sheet for the Borrower); delivery of notices of default and material adverse litigation, ERISA events and material adverse change; maintenance of properties in good working order; maintenance of books and records; maintenance of customary insurance; commercially reasonable efforts to maintain ratings (but not a specific rating); compliance with laws; inspection of books and properties; environmental; additional guarantors and additional collateral (subject to limitations set forth under the captions “Guarantees” and “Security”); further assurances in respect of collateral matters; use of proceeds; and payment of taxes.

  • Negative Covenants The Postpetition Financing Documents shall contain negative covenants of the Borrower acceptable to the Lender.

  • Trustee Agreement means the trustee agreement entered into on or before the Issue Date, between the Issuer and the Trustee, or any replacement trustee agreement entered into after the Issue Date between the Issuer and a trustee, regarding, inter alia, the remuneration payable to the Trustee or a replacement trustee.

  • Covenants means the covenants set forth in Section 4 of this Agreement. To acknowledge your agreement to and acceptance of the terms and conditions of this Agreement, please sign below in the space provided within five (5) days of the date of this Agreement and return a signed copy to my attention. If the Agreement is not signed and returned within (5) days, the terms and conditions of this Agreement will be deemed withdrawn. Sincerely, MEDQUIST INC. By: Xxxxx X. Xxxxxxx President Accepted and Agreed:

  • Default Under the Trust Indenture With respect to any MBS, any condition, occurrence or event which, if continued for any specified period of time after the giving of any requisite notice, would be an “Event of Default” under the Trust Indenture pursuant to which such MBS was issued.

  • Transfer fee covenant means a declaration or covenant purporting to affect real property which requires or purports to require the payment of a transfer fee to the declarant or other person specified in the covenant or declaration, or to their successors or assigns, upon a subsequent transfer of an interest in the real property.

  • Maintenance Covenant A covenant by any borrower to comply with one or more financial covenants (including without limitation any covenant relating to a borrowing base, asset valuation or similar asset-based requirement) during each reporting period, that exists regardless of whether or not such borrower has taken any specified action and includes a covenant that applies only when the related loan is funded.

  • Successor Trustee means a successor Trustee possessing the qualifications to act as Trustee under Section 4.01.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.

  • Event of Default Under the Trust Indenture With respect to any MBS, any “Event of Default” under the Trust Indenture pursuant to which such MBS was issued. Xxxxxx Xxx: Federal National Mortgage Association, a body corporate organized and existing under the laws of the United States, or its successor in interest or any successor appointed as herein provided. Unless the context requires otherwise, the term “Xxxxxx Mae” shall be deemed to refer to the Federal National Mortgage Association acting in its corporate capacity and not in its capacity as Trustee hereunder.

  • Collateral and Guarantee Requirement means, at any time, the requirement that:

  • Financial Covenants means the covenants set forth in Section 6.2.

  • Trust Indenture Estate has the meaning ascribed to such term in the Trust Indenture.

  • Loan Trustee Means, with respect to any Indenture, the bank, trust company or other financial institution designated as loan trustee thereunder, and any successor to such loan trustee.

  • Trust Indenture Any indenture pursuant to which any MBS was issued. Trustee: The Federal National Mortgage Association, in its capacity as trustee of each Trust formed hereunder, or its successor in interest in such capacity, or any successor trustee appointed as herein provided.

  • Previously Absent Financial Maintenance Covenant means, at any time, any financial maintenance covenant that is not included in the Loan Documents at such time.

  • Successor Trust means Continental Airlines Pass Through Trust 1997-4B-S.

  • Indenture Trustee Fee means a fee that is separately agreed to between the Master Servicer and the Indenture Trustee.

  • Perfection Representations means the representations, warranties and covenants set forth in Schedule 1 attached hereto.

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • Basic Lease Provisions means and refer to the following collective terms, the application of which shall be governed by the provisions in the remaining Articles of this Lease.

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Operative Indentures means, as of any date, each “Indenture” (as such term is defined in the Note Purchase Agreement), including the Indenture, whether or not any other “Indenture” shall have been entered into before or after the date of the Indenture, but only if as of such date all “Equipment Notes” (as defined in each such “Indenture”) are held by the “Subordination Agent” under the “Intercreditor Agreement”, as such terms are defined in each such “Indenture”.

  • (2) In this subsection, the term fundraising’ means

  • Additional Covenant means any covenant in respect of the financial condition or financial position of the Company, including, but not limited to, covenants that specify or require the maintenance of certain financial ratios applicable to the Company, and the default provision related thereto (regardless of whether such provision is labeled or otherwise characterized as a covenant or a default).

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in August of each year, commencing in August 2024.