Trust Deed Clause Samples
A Trust Deed is a legal document that establishes a trust and outlines the terms under which assets are held and managed by a trustee for the benefit of specified beneficiaries. It typically details the powers and duties of the trustee, the rights of the beneficiaries, and the specific assets or property included in the trust. For example, a Trust Deed may specify how income generated from trust assets should be distributed or under what conditions the trust can be amended or terminated. Its core practical function is to provide a clear legal framework for the administration of trust assets, ensuring that the intentions of the person creating the trust are carried out and that all parties understand their rights and obligations.
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Trust Deed. The Parties acknowledge and agree that for the purposes of the Trust Deed, this Agreement is a “Hedge Agreement” and Party A is a “Swap Provider” and “Support Facility Provider”.
Trust Deed. If you’re not a resident of Australia you must also prove that you’ve met all the Foreign Investment Review Board (FIRB) requirements for your loan purpose, such as a copy of your application to FIRB or a copy of their advice.
Trust Deed. (a) Each party to this Agreement acknowledges and agrees that the financial accommodation made available or to be made available to the Borrower by the Lender under this Agreement is and shall be made available on the terms and conditions contained in the Trust Deed in addition to the terms and conditions of this Agreement.
(b) Unless defined otherwise in this Agreement, terms defined in the Trust Deed bear the same meaning when used in this Agreement.
(c) Subject to Clause 35(b), the Lender confirms that it will be bound by any amendment agreed to, or waiver given in respect of, the provisions of the Trust Deed by the Trustee in accordance with the instructions of the Majority Creditors or all Creditors as the case requires in accordance with the terms of the amendment or waiver as if it were party to the relevant amendment agreement or had given the relevant waiver.
Trust Deed. The parties acknowledge and agree that, for the purposes of the Master Trust Deed and the Trust Documents, this Agreement is a "Hedge Agreement"
Trust Deed. (i) Non-Guaranteed Notes are constituted by, are subject to, and have the benefit of, an amended and restated trust deed dated 28 April 2020 (as further amended or supplemented from time to time, the “Non-Guaranteed Notes Principal Trust Deed”) between the Bank (on behalf of itself and each Branch Issuer) and The Bank of New York Mellon, London Branch as trustee (the “Trustee”, which expression includes, where the context requires, all persons for the time being trustee or trustees appointed under the Non-Guaranteed Notes Principal Trust Deed). In order for a Subsidiary Issuer to issue Non-Guaranteed Notes, such Subsidiary Issuer shall, in respect of such Non-Guaranteed Notes, (A) accede to the Non-Guaranteed Notes Principal Trust Deed by executing an accession deed between such Subsidiary Issuer and the Trustee, or
Trust Deed. The Parties acknowledge and agree that for the purposes of the Trust Deed, this Agreement is an HEDGE AGREEMENT and Party A are SUPPORT FACILITY PROVIDERS.
Trust Deed. (i) the trust was validly created and is in existence at the date of the Client’s submission of the Application Form;
(ii) the execution, delivery and performance of this Agreement and each Transaction is permitted by the terms of the trust deed and does not violate the trust deed or the trust; and
(iii) the trust is solely constituted by the trust deed;
Trust Deed. The Notes are constituted by, are subject to, and have the benefit of, a trust deed dated 28 March 2024 (as amended or supplemented from time to time, the “Trust Deed”) between the Issuer, the Guarantor and HSBC Corporate Trustee Company (UK) Limited as trustee (the “Trustee”, which expression includes all persons for the time being trustee or trustees appointed under the Trust Deed).
Trust Deed. The Declaration of Trust Deed between the Lessor (Issuer), the Lessee (as Obligor), the Sponsor (as Originator) and the Trustees in which the Issuer appoints the Trustees as trustee of the certificate holders, to hold the benefit of the Issuer’s covenants in trust for the certificate holders and themselves (according to their respective interests). Trustees: The trustees shall be ▇▇▇▇ Capital and Trust Limited and FBNQuest Trustees Limited, their successors-in-title and permitted assigns.