Indenture Trustee definition: Copy, customize, and use instantly
Introduction
The term "Indenture Trustee" refers to the party responsible for acting on behalf of bondholders or other debt security holders under the terms of an indenture agreement. It is essential for managing the administration of the securities, protecting the rights of the holders, and ensuring compliance with the indenture's terms.
Below are various examples of how "Indenture Trustee" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Indenture Trustee" as the representative of bondholders
This definition ties "Indenture Trustee" to its role as a fiduciary representing bondholders.
"Indenture Trustee" means the entity appointed under the indenture to act as a fiduciary on behalf of bondholders, ensuring the terms of the debt issuance are followed and the rights of bondholders are protected.
Definition of "Indenture Trustee" as a compliance enforcer
This definition connects "Indenture Trustee" to its role in ensuring adherence to the indenture.
"Indenture Trustee" refers to the entity responsible for monitoring compliance with the provisions of the indenture and taking necessary action to protect the interests of the debt security holders.
Definition of "Indenture Trustee" as an administrative agent
This definition links "Indenture Trustee" to its administrative responsibilities.
"Indenture Trustee" means the entity designated in the indenture to manage administrative tasks, such as processing payments to bondholders, maintaining records, and communicating with parties as required by the indenture.
Definition of "Indenture Trustee" as a custodian of collateral
This definition applies "Indenture Trustee" to its role in safeguarding collateral.
"Indenture Trustee" refers to the entity tasked with holding and managing collateral, if applicable, under the terms of the indenture, to secure obligations owed to bondholders.
Definition of "Indenture Trustee" as a fiduciary for security holders
This definition ties "Indenture Trustee" to its role as a fiduciary managing the interests of security holders.
"Indenture Trustee" means the party designated to act in a fiduciary capacity for security holders, ensuring their rights and interests are upheld under the indenture agreement.
Definition of "Indenture Trustee" as a mediator in disputes
This definition connects "Indenture Trustee" to its role as a neutral intermediary in resolving disputes.
"Indenture Trustee" refers to the entity responsible for mediating disputes between the issuer and the security holders under the terms of the indenture, acting in the best interests of the security holders.
Definition of "Indenture Trustee" as an oversight authority
This definition links "Indenture Trustee" to its role in overseeing the performance of the issuer.
"Indenture Trustee" means the entity that monitors the issuer’s performance under the indenture, ensuring that all obligations and covenants are met and reporting any breaches to the security holders.
Definition of "Indenture Trustee" as a payment distributor
This definition applies "Indenture Trustee" to its role in managing financial distributions.
"Indenture Trustee" refers to the entity charged with collecting payments from the issuer and distributing them to the security holders in accordance with the terms of the indenture.
Definition of "Indenture Trustee" as a protector of security holder rights
This definition focuses on the protective role of the "Indenture Trustee."
"Indenture Trustee" means the entity that actively enforces the terms of the indenture, taking legal or procedural action to protect the rights and recover assets for the benefit of security holders if the issuer defaults.
Definition of "Indenture Trustee" as a legal representative
This definition emphasizes the legal standing of "Indenture Trustee."
"Indenture Trustee" refers to the entity authorized to represent the security holders in legal proceedings, ensuring that their collective rights are upheld in cases of disputes or default by the issuer.
Definition of "Indenture Trustee" as a guarantor of contract terms
This definition highlights the trustee's role in ensuring the contract terms are upheld.
"Indenture Trustee" means the party responsible for guaranteeing the enforcement of terms and covenants within the indenture, safeguarding the interests of security holders throughout the duration of the agreement.
Definition of "Indenture Trustee" as a bondholder advocate
This definition relates "Indenture Trustee" to its advocacy role.
"Indenture Trustee" refers to the entity acting as an advocate for bondholders, ensuring that the issuer fulfills its obligations and responding to any breaches or defaults in accordance with the indenture.
Definition of "Indenture Trustee" as a compliance monitor
This definition emphasizes the monitoring responsibilities of the "Indenture Trustee."
"Indenture Trustee" means the entity responsible for overseeing the issuer’s adherence to the indenture's terms, providing regular reports to security holders about compliance and any potential risks.
Definition of "Indenture Trustee" as a facilitator of debt agreements
This definition ties "Indenture Trustee" to its role in facilitating the implementation of debt agreements.
"Indenture Trustee" means the party appointed to facilitate the proper execution and administration of the debt agreements outlined in the indenture, ensuring all parties fulfill their obligations.
Definition of "Indenture Trustee" as a custodian of trust property
This definition connects "Indenture Trustee" to its role in managing trust assets.
"Indenture Trustee" refers to the entity responsible for holding and safeguarding trust property or assets, as outlined in the indenture, to secure the interests of debt security holders.
Definition of "Indenture Trustee" as a monitor of covenant compliance
This definition links "Indenture Trustee" to its duty to oversee compliance with covenants.
"Indenture Trustee" means the entity tasked with ensuring that the issuer complies with all covenants detailed in the indenture, providing oversight and intervention if breaches occur.
Definition of "Indenture Trustee" as an intermediary for communication
This definition applies "Indenture Trustee" to its role in facilitating communication.
"Indenture Trustee" refers to the entity that serves as a communication bridge between the issuer and the security holders, ensuring transparency and timely updates about the status of the indenture and related obligations.
Definition of "Indenture Trustee" as a debt enforcement agent
This definition highlights the trustee's enforcement role.
"Indenture Trustee" means the party authorized to take necessary enforcement actions against the issuer in cases of default, ensuring that the rights of security holders are prioritized and preserved.
Definition of "Indenture Trustee" as a financial recordkeeper
This definition emphasizes the trustee's role in maintaining financial records.
"Indenture Trustee" refers to the entity responsible for maintaining detailed financial records, including payments and transactions related to the indenture, to ensure transparency and accountability.
Definition of "Indenture Trustee" as an arbiter of contract disputes
This definition outlines the trustee's role in resolving disputes under the indenture.
"Indenture Trustee" means the entity designated to arbitrate disputes between parties to the indenture, providing fair and impartial resolutions aligned with the agreement's terms.
Definition of "Indenture Trustee" as a liquidity manager
This definition connects "Indenture Trustee" to its role in managing financial liquidity.
"Indenture Trustee" refers to the party responsible for overseeing liquidity arrangements under the indenture, including facilitating access to funds or collateral as specified.
Definition of "Indenture Trustee" as a default manager
This definition focuses on the trustee's role during defaults.
"Indenture Trustee" means the entity that acts decisively in managing issuer defaults, ensuring that legal remedies and protections are pursued on behalf of the security holders.
Definition of "Indenture Trustee" as a guarantor of impartiality
This definition ties "Indenture Trustee" to its duty of impartiality.
"Indenture Trustee" refers to the party obligated to act impartially in all dealings, ensuring that decisions are made without bias and with the best interests of all security holders in mind.
Definition of "Indenture Trustee" as a trustee for multiple series of bonds
This definition ties "Indenture Trustee" to its role when overseeing multiple series of securities.
"Indenture Trustee" means the entity responsible for administering and managing the terms of the indenture across multiple series of bonds or securities, ensuring consistency and compliance for all series.
Definition of "Indenture Trustee" as a fiduciary during restructuring
This definition connects "Indenture Trustee" to its responsibilities during financial restructuring.
"Indenture Trustee" refers to the party that represents the interests of bondholders during debt restructuring processes, ensuring equitable outcomes and adherence to the indenture terms.
Definition of "Indenture Trustee" as a special purpose vehicle manager
This definition links "Indenture Trustee" to its role in managing SPVs.
"Indenture Trustee" means the entity designated to oversee and manage special purpose vehicles (SPVs) established under the indenture, ensuring their operation aligns with the agreement’s objectives.
Definition of "Indenture Trustee" as a risk mitigation agent
This definition applies "Indenture Trustee" to its role in managing risks.
"Indenture Trustee" refers to the entity tasked with identifying and mitigating risks to the bondholders, taking preventive or corrective actions as outlined in the indenture.
Definition of "Indenture Trustee" as a trustee for secured transactions
This definition emphasizes the trustee's role in secured debt arrangements.
"Indenture Trustee" means the party responsible for holding collateral and managing secured transactions under the indenture to protect the interests of the security holders.
Definition of "Indenture Trustee" as a default notification agent
This definition highlights the trustee's role in notifying stakeholders during defaults.
"Indenture Trustee" refers to the entity obligated to notify bondholders and other relevant parties of any defaults or breaches of the indenture, ensuring transparency and timely action.
Definition of "Indenture Trustee" as a compliance certifier
This definition focuses on the trustee's certification responsibilities.
"Indenture Trustee" means the entity that certifies compliance with the terms and covenants of the indenture, providing regular updates to security holders.
Definition of "Indenture Trustee" as a neutral party in amendments
This definition outlines the trustee's role in facilitating amendments.
"Indenture Trustee" refers to the party that mediates and facilitates amendments to the indenture, ensuring that all changes are made in compliance with the agreement and in the best interest of all parties.
Definition of "Indenture Trustee" as a debt servicing overseer
This definition ties "Indenture Trustee" to its oversight of debt servicing.
"Indenture Trustee" means the entity responsible for supervising the issuer’s servicing of the debt, including ensuring timely payments and adherence to repayment schedules.
Definition of "Indenture Trustee" as a facilitator of security holder meetings
This definition connects "Indenture Trustee" to its role in organizing meetings.
"Indenture Trustee" refers to the entity tasked with convening and facilitating meetings of security holders to discuss and resolve matters related to the indenture.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.