New Trustees definition

New Trustees means the trustees under each of the New Bonds Documents.
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New Trustees means, in relevant church property, the Board as custodian trustees thereof and the managing trustees thereof for the time being ascertained in accordance with subsection (3) of section 9 (Model trust vesting provisions) of this Act;
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New Trustees means BNY Trust Company of Canada and The Bank of New York as co-trustees under the New Platform Trust Indenture.
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Examples of New Trustees in a sentence

  • State Street Bank and Trust Company is acting ----------- hereunder solely in its capacity as New Trustee under the New Indenture, and all of the rights of New Trustee set forth in the New Indenture shall apply to New Trustee's actions hereunder.

  • It is also anticipated that the existing Governance Agreements will be amended such that the right of Teck Cominco and OTPP to nominate Trustees and Directors will become a right to nominate persons as New Trustees and as directors of Fording Corporation.

  • Each such New Trustees has signed a letter in the form attached as Exhibit 9.5 hereto, indicating such New Trustees agreement to resign from the board of trustees effective immediately, without further action on the part of such Trustee, if stockholder approval of the Contemplated Transactions is not received at the Stockholder Meeting.

  • The recourse of Unitholders who disagree with any change in the distribution policy of the New Trust is limited and could require such Unitholders to seek to replace the New Trustees.

  • The New Trustees will be comprised of those persons that served as Trustees immediately prior to the Effective Time.

  • Unitholder Meetings In each year, following completion of the Arrangement, an annual meeting of the Unitholders shall be held, at such time and place in Canada as the Trustees determine for the purpose of: (a) electing New Trustees; (b) appointing or changing the auditors of the New Trust, (c) approving nominees for election by the New Trustees as directors of Fording Corporation; and (d) transacting such other business as the New Trustees may determine or as may properly be brought before the meeting.

  • Without limiting the foregoing, Buyer and Merger Sub, on their own behalf and on behalf of their respective Affiliates, acknowledge and agree that they have not relied on any representations or warranties whatsoever, whether express or implied, other than the representations and warranties of the Company expressly set forth in ARTICLE V of this Agreement and the representations and warranties of Arsenal Blocker Seller expressly set forth in Section 4.02 of this Agreement.

  • The requisition must state in reasonable detail the business proposed to be transacted at the meeting and must be sent to each of the New Trustees and to the principal office of the New Trust.

  • The obligations and liabilities of the New Trustees under this Deed are for the benefit of, and may be enforced by RSL Communications, Ltd and any person to whom it may have assigned the benefit of its rights under a Put and Call Option Agreement dated [ ] March 2000 between Xx X X Xxxx (1), Xx X X Xxxxxxx (2), Xx X X Xxxxxxxx (3), Walbrook Trustees (IOM) Limited (4) and RSL Communications , Ltd in accordance with clause 17 of that Agreement.

  • Subject to the foregoing, if the New Trustees do not call a meeting within 21 days after receiving the requisition, any Unitholder who signed the requisition may call the meeting.


More Definitions of New Trustees

New Trustees means the trustees of the New Trust and “New Trustee” means any one of them;
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New Trustees as defined in Section 9.5.
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Related to New Trustees

  • or "Trustees means each Person who has signed this Declaration as a trustee, so long as such Person shall continue in office in accordance with the terms hereof, and all other Persons who may from time to time be duly appointed, qualified and serving as Trustees in accordance with the provisions hereof, and references herein to a Trustee or the Trustees shall refer to such Person or Persons solely in their capacity as trustees hereunder.

  • Trustees refers to the persons who have signed this Agreement and Declaration of Trust, so long as they continue in office in accordance with the terms hereof, and all other persons who may from time to time be duly elected or appointed to serve on the Board of Trustees in accordance with the provisions hereof, and reference herein to a Trustee or the Trustees shall refer to such person or persons in their capacity as trustees hereunder;

  • Other Trustees Means the trustees under the Other Agreements, and any successor or other trustee appointed as provided therein.

  • the Trustees means the directors of the Academy Trust (and “Trustee” means any one of those directors), subject to the definition of this term at Article 6.9 (e) in relation to Articles 6.2-6.9;

  • Issuer Trustees means, collectively, the Property Trustee and the Delaware Trustee.

  • Parent Trustees means the Trustees elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Indenture Trustees means the Senior Notes Indenture Trustee and the Subordinated Notes Indenture Trustee.

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

  • Administrative Trustees shall have the meaning set forth in the Trust Agreement.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Charity Trustees means the directors of the Academy Trust who are responsible for the general control and management of the administration of the Academy Trust.

  • NIM Trustee The trustee for the NIM Securities.

  • Eligible Lender Trustee shall also mean each successor Eligible Lender Trustee as of the qualification of such successor as Eligible Lender Trustee under the Trust Agreement.

  • Delaware Trustee means the Person identified as the “Delaware Trustee” in the preamble to this Trust Agreement, solely in its capacity as Delaware Trustee of the Trust and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as herein provided.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • the Macfarlane Trust means the charitable trust, established partly out of funds provided by the Secretary of State to the Haemophilia Society, for the relief of poverty or distress among those suffering from haemophilia;

  • Initial Trustee shall have the meaning defined in the preamble hereto.

  • Certificate of Authentication The meaning specified in Section 2.1.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Outside Trustee With respect to an Outside Serviced Mortgage Loan, the trustee under the applicable Outside Servicing Agreement.

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of the Indenture for the benefit of the Noteholders (including all Collateral Granted to the Indenture Trustee), including all proceeds thereof.

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • Custodians means all of them, collectively.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.