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Security Trustee definition: Copy, customize, and use instantly

Introduction

The term "Security Trustee" refers to an entity appointed to hold and enforce security interests on behalf of lenders or bondholders in a secured financing arrangement. The Security Trustee ensures that secured assets are protected, legal rights are enforced, and proceeds from collateral are distributed according to the financing agreements. It plays a key role in protecting the interests of secured parties and ensuring compliance with security documents.

Below are various examples of how "Security Trustee" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.

Definition of Security Trustee as collateral holder

This definition ties "Security Trustee" to its role in holding collateral for secured parties.

"Security Trustee" means the entity appointed to hold, manage, and enforce security interests granted under the loan documents for the benefit of secured creditors.

Definition of Security Trustee as enforcement agent

This definition connects "Security Trustee" to its function of enforcing security on behalf of lenders.

"Security Trustee" refers to the entity designated to exercise rights, remedies, and enforcement actions under the security documents in favor of the secured parties.

Definition of Security Trustee as security agent

This definition links "Security Trustee" to its agency role in handling secured transactions.

"Security Trustee" means the entity acting as an agent for secured creditors to administer, manage, and enforce security interests granted under the financing arrangements.

Definition of Security Trustee as mortgage holder

This definition applies "Security Trustee" to mortgage-backed transactions.

"Security Trustee" refers to the entity responsible for holding and administering mortgage security interests on behalf of lenders and bondholders.

Definition of Security Trustee as loan security administrator

This definition highlights the role of "Security Trustee" in overseeing secured loan arrangements.

"Security Trustee" means the party designated to oversee and administer the security arrangements of a loan facility, ensuring compliance with security agreements.

Definition of Security Trustee as trustee for secured bondholders

This definition clarifies the Security Trustee's role in bond issuances.

"Security Trustee" refers to the entity appointed to hold security interests for the benefit of bondholders in a secured bond issuance.

Definition of Security Trustee as pledged asset holder

This definition emphasizes the Security Trustee’s responsibility over pledged assets.

"Security Trustee" means the party responsible for holding and safeguarding pledged assets provided as security for a financing transaction.

Definition of Security Trustee as secured obligation enforcer

This definition relates "Security Trustee" to enforcing secured obligations.

"Security Trustee" refers to the entity responsible for ensuring that secured obligations are enforced in accordance with the loan and security agreements.

Definition of Security Trustee as legal owner of collateral

This definition focuses on the legal title held by the Security Trustee.

"Security Trustee" means the legal owner of collateral held for the benefit of secured parties, authorized to enforce security interests upon default.

Definition of Security Trustee as restructuring security manager

This definition applies "Security Trustee" to restructuring and distressed asset situations.

"Security Trustee" refers to the entity responsible for managing and enforcing security interests in restructuring or insolvency scenarios.

Definition of Security Trustee as secured transaction facilitator

This definition positions "Security Trustee" as an essential party in secured transactions.

"Security Trustee" means the entity that facilitates secured transactions by holding and enforcing security on behalf of lenders.

Definition of Security Trustee as secured party representative

This definition clarifies the role of the Security Trustee in representing secured lenders.

"Security Trustee" refers to the entity acting as the representative of secured parties for the administration and enforcement of security interests.

Definition of Security Trustee as administrator of security pool

This definition applies "Security Trustee" to managing pooled security arrangements.

"Security Trustee" means the entity responsible for administering a pool of security interests on behalf of multiple secured creditors.

Definition of Security Trustee as collateral enforcement coordinator

This definition highlights the Security Trustee’s role in coordinated enforcement actions.

"Security Trustee" refers to the entity coordinating enforcement actions related to collateral security under the loan and security documents.

Definition of Security Trustee as lender-appointed security holder

This definition ties "Security Trustee" to lender appointments.

"Security Trustee" means the party appointed by lenders to hold, administer, and enforce security interests in accordance with financing agreements.

Definition of Security Trustee as charge holder

This definition applies "Security Trustee" to charge-based security arrangements.

"Security Trustee" refers to the entity responsible for holding legal charges over secured assets in favor of lenders or bondholders.

Definition of Security Trustee as primary security custodian

This definition relates "Security Trustee" to custody of secured assets.

"Security Trustee" means the entity that serves as the primary custodian of security interests, ensuring proper administration and enforcement.

Definition of Security Trustee as bankruptcy security enforcer

This definition applies "Security Trustee" to bankruptcy-related security enforcement.

"Security Trustee" refers to the party responsible for enforcing security rights on behalf of creditors in bankruptcy proceedings.

Definition of Security Trustee as legal representative of secured lenders

This definition positions "Security Trustee" as a legal representative in secured transactions.

"Security Trustee" means the entity designated as the legal representative of secured lenders, responsible for administering and enforcing security.

Definition of Security Trustee as security trust manager

This definition clarifies the Security Trustee's role in managing security trusts.

"Security Trustee" refers to the entity responsible for overseeing and managing a security trust on behalf of secured creditors.

Definition of Security Trustee as administrator of secured obligations

This definition highlights the role of "Security Trustee" in secured obligation management.

"Security Trustee" means the entity responsible for administering and enforcing secured obligations under the financing agreements.

Definition of Security Trustee as syndicated loan security manager

This definition applies "Security Trustee" to syndicated loan structures.

"Security Trustee" refers to the entity responsible for managing security interests in a syndicated loan transaction.

Definition of Security Trustee as secured assets custodian

This definition clarifies the Security Trustee’s role in asset custody.

"Security Trustee" means the entity appointed to hold and safeguard secured assets for the benefit of lenders.

Definition of Security Trustee as security enforcement trustee

This definition focuses on enforcement actions taken by the Security Trustee.

"Security Trustee" refers to the entity designated to enforce security interests in the event of borrower default.

Definition of Security Trustee as financing security overseer

This definition ties "Security Trustee" to security oversight in financing deals.

"Security Trustee" means the party overseeing the security arrangements of a financing transaction, ensuring compliance and enforcement.

Definition of Security Trustee as legal trustee for security interests

This definition highlights the legal trustee function of the Security Trustee.

"Security Trustee" refers to the entity acting as a legal trustee for security interests granted under a financing agreement.

Definition of Security Trustee as lender security administrator

This definition clarifies the Security Trustee's responsibility in lender arrangements.

"Security Trustee" means the entity appointed by lenders to administer, manage, and enforce security interests granted under loan agreements.

Definition of Security Trustee as primary secured party representative

This definition positions "Security Trustee" as the primary representative of secured parties.

"Security Trustee" refers to the entity acting as the primary representative for all secured parties under the security documents.

Definition of Security Trustee as collateral enforcement manager

This definition ties "Security Trustee" to collateral enforcement actions.

"Security Trustee" means the entity responsible for managing and executing enforcement actions related to collateral security.

Definition of Security Trustee as security trust administrator

This definition connects "Security Trustee" to trust administration.

"Security Trustee" refers to the entity managing security trusts and overseeing compliance with security trust agreements.

Definition of Security Trustee as secured creditor representative

This definition clarifies the Security Trustee’s role in creditor representation.

"Security Trustee" means the entity designated to act as a representative of secured creditors in financing transactions.