Individual Trustee definition

Individual Trustee. Xxxxxxx X. Xxxxxx, as Individual Trustee under the Trust Agreement, and his successors pursuant to the Trust Agreement.
Individual Trustee has the meaning specified in the recital of parties to this Agreement.
Individual Trustee has the meaning specified in the recital of the parties hereto.

Examples of Individual Trustee in a sentence

  • Xxxxx accepting the appointment as Individual Trustee under the Mortgage in succession to said Xxxxxx X.

  • Xxxxxxx accepting the appointment as Individual Trustee under the Mortgage in succession to said X.

  • Xxxxxxxx accepting the appointment as Individual Trustee under the Mortgage in succession to said Xxxxx X.

  • Xxxxxxxxx as Individual Trustee in succession to said W.A. Xxxxxxx resigned, under the Mortgage, and by Xxxxxx X.

  • XxXxxxxxx accepting the appointment as Individual Trustee under the Mortgage in succession to said Xxxxxx X.


More Definitions of Individual Trustee

Individual Trustee. Xxxxxxx X. Xxxxxx, in his capacity as individual trustee under this Trust Agreement, and any successor indi- vidual trustee appointed hereunder.
Individual Trustee means such person as is required by applicable state law to perform the functions of Individual Trustee pursuant to Section 51 hereof.
Individual Trustee and together with the Corporate Trustee, the "Collateral Trustees") pursuant to the Shared Security Agreement dated as of April 1, 2003 executed by the Beneficiary and other parties thereto, as Grantor, in favor of the Collateral Trustees, as such agreement may be amended, amended and restated, supplemented or otherwise modified from time to time (the "Shared Security Agreement"). We hereby agree to pay, irrespective of, and without deduction for, any counterclaim, defense, recoupment or set-off, all proceeds of the Letter of Credit that would otherwise be paid to the Beneficiary directly to the Collateral Trustees to the following account: [____________________] [____________________] [____________________] [____________________] We hereby confirm and agree that the Letter of Credit is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects and that the Collateral Trustees shall have no liability or obligation under or with respect to the Letter of Credit or any document related thereto as a result of this consent letter, the Shared Security Agreement or otherwise. This consent letter may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute but one and the same consent letter. Delivery of an executed counterpart of a signature page to this consent letter by telecopier shall be effective as delivery of an original executed counterpart of this consent letter. This consent letter shall be governed by, and construed in accordance with, the laws of the State of New York. [NAME OF ISSUING BANK] By:_________________________ Name: Title: [NAME OF NOMINATED PERSON] By:_________________________ Name: Title: The above is acknowledged and agreed to: [NAME OF GRANTOR/BENEFICIARY] By _____________________________ Name: __________________________ Title: _________________________ Address for Notices: ________________________________ ________________________________ ________________________________
Individual Trustee means a natural person serving as trustee. “Corporate trustee” means a bank, trust company, financial institution or other corporation or entity serving as trustee. When a corporate trustee merges, is acquired, changes its name or otherwise is reorganized, its successor or assignee shall serve in its place.
Individual Trustee means XXXXXXXXXX and permitted successor hereunder.
Individual Trustee. Successor Trustee", "Co-Trustee" and "Separate Trustee" in this Mortgage are deleted in their entirety as to the Florida Property. It is the intention of the parties that this mortgage shall be a mortgage and not a deed of trust with respect to the Florida Property and that the Beneficiary shall have all of the rights and remedies respectively granted herein to the above-identified trustee.
Individual Trustee means one of the individual persons serving as a trustee of the Oversight Board Trust from time to time, and any reference to an Individual Trustee shall be solely in said Individual Trustee's capacity as Member of the Company.