English term
SECURITY TRUST AND INTERCREDITOR DEED
4 +1 | الأصول الضامنة وسندات الدائنين | Lamine Boukabour |
4 | الثقة الأمنية وصك الدائنين | Engy Ahmed Ali |
3 | اتفاقية الضمان وتنظيم حقوق الدائنين | Motaz Fahmy |
Oct 2, 2023 06:07: Hend Mohsen changed "Field" from "Bus/Financial" to "Art/Literary"
Proposed translations
الثقة الأمنية وصك الدائنين
الأصول الضامنة وسندات الدائنين
"Intercreditor" refers to a party or entity that is involved in an intercreditor agreement. An intercreditor agreement is a legal contract between two or more creditors who have a financial interest in the same borrower or debtor. The purpose of such agreements is to define the rights, priorities, and relationships among creditors in the event of the borrower's default or financial distress.
https://corporatefinanceinstitute.com/resources/commercial-l...
In short, the "SECURITY TRUST AND INTERCREDITOR DEED" is a formal legal agreement made on a specific date among various parties, including the Issuer, Security Trustee, Guarantors, Trustee, Junior Note Trustee, New Bonding Facility Security Trustee, New Bonding Facility Banks, Depositary, Paying Agent, Registrar, Intra-Group Creditors, and Intra-Group Borrowers. This deed outlines terms related to security interests and creditor rights and may be amended or modified over time.
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