Trust Party definition

Trust Party means any of the Trust, the SSC Master Trust Trustee, the Collateral Trustee, the Trust Master Servicer or the Back-Up Servicer, and "Trust Parties" means all such parties collectively.
Sample 1
Trust Party means a specific Trust together with: (a) all related trusts that are beneficially owned by it and any trust indenture arrangement evidenced by an Indenture relating to the issuance of notes to Trust Investors of that Trust for which one of the Trustees serves or has served as indenture trustee in a Representative Capacity; and (b) the Trustees solely in their relevant Representative Capacities under any of the Trust Documents, and not individually, whether as trustee, owner trustee, co-owner trustee, grantor trustee, indenture trustee, paying agent, administrator or otherwise, relating to the administration of any Trust Party or its assets or to the extent of serving any other role under the applicable Trust Documents.
Sample 1
Trust Party shall have the meaning given to such term in Section 11.3. (bb) “Trustees” shall mean the Initial Trustees under this Agreement and any successors thereto, pursuant to and in accordance with the terms of this Agreement. (cc) “Units” shall have the meaning given to such term in Section 3.1(a). 3 ARTICLE II
Sample 1

Examples of Trust Party in a sentence

  • Notwithstanding the foregoing, to the extent fraud or willful misconduct of any Cimarron Trust Party is alleged and the Court finds, by a final order, not reversed on appeal, that such Cimarron Trust Party committed fraud or willful misconduct after the Effective Date in relation to the Cimarron Trustee’s duties, there shall be no indemnification, of that Cimarron Trust Party, for any judgments arising from such allegations of fraud or willful misconduct.

  • Without limiting the foregoing, any such judgment against a Cimarron Trust Party and any such costs of defense relating to any Cimarron Trust Party shall be paid by the Cimarron Trust consistent with the terms and conditions of this Section.

  • Without limiting the foregoing, any such judgment against a Environmental Trust Party and any such costs of defense relating to any Environmental Trust Party shall be paid by the Environmental Response Trust consistent with the terms and conditions of this Section.

  • Trust Party shall be personally liable unless the Bankruptcy Court, by a final order, finds that it committed fraud or willful misconduct after the Effective Date in relation to the Custodial Trustee’s duties.

  • The Environmental Trustee shall abide by the terms of any institutional controls or deed restrictions in place or of record as to any DPH Site; however, nothing herein shall create any personal liability for any Environmental Trust Party due to the Environmental Trustee’s failure to abide by any institutional controls of which the Environmental Trustee is unaware.

  • Without limiting the foregoing, any such judgment against a West Chicago Trust Party and any such costs of defense relating to any West Chicago Trust Party shall be paid by the West Chicago Trust consistent with the terms and conditions of this Section.

  • No Person, including without limitation, holders of claims and other parties in interest, will be allowed to pursue any claims or cause of action against any Custodial Trust Party for the matters contained in the provisions of Section 4.10 (a), (b), and (c).

  • No Custodial Trust Party shall be personally liable unless the Court finds, by a final order, that the Custodial Trust Party committed fraud or willful misconduct after the Effective Date in relation to the Environmental Custodial Trust Trustee’s duties that are alleged to be the basis for liability.

  • Notwithstanding the foregoing, to the extent fraud or willful misconduct of any West Chicago Trust Party is alleged and the Court finds, by a final order, not reversed on appeal, that such West Chicago Trust Party committed fraud or willful misconduct after the Effective Date in relation to the West Chicago Trust Party’s duties, there shall be no indemnification of that West Chicago Trust Party for any judgments arising from such fraud or willful misconduct.

  • Each Custodial Trust Party shall be and hereby is exculpated by all Persons, including, without limitation, holders of claims and other parties in interest, of and from any and all claims, causes of action, and other assertions of liability arising out of or in connection with the matters contained in the provisions of Section 4.10 (a), (b) and (c).


More Definitions of Trust Party

Trust Party shall have the meaning given to such term in Section 11.3.
Sample 1
Trust Party. As defined in Section 6.8.
Sample 1
Trust Party means any of the Trust’s agents, contractors and sub-contractors of any tier and it’s or their directors, officers and employees (including seconded staff) at the Locations authorised by the Trust but excluding the Service Provider, any Service Provider Party and utilities and “Trust Parties” shall be construed accordingly;
Sample 1

Related to Trust Party

  • NIM Trustee The trustee for the NIM Securities.

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

  • 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.

  • 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.

  • Issuer Trust has the meaning specified in the first paragraph of this Guarantee Agreement.

  • Trustee means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Litigation Trustee means a Person to be determined by SFC and the Initial Consenting Noteholders prior to the Effective Time, with the consent of the Monitor, to serve as trustee of the Litigation Trust pursuant to and in accordance with the terms thereof.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

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

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Property Trustee appointed as therein provided.

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • Lead Trustee means (a) during the period from and after the Note A-2 Securitization Date and prior to the Note A-1 Securitization Date, the Note A-2 Trustee and, (b) from and after the Note A-1 Securitization Date, the trustee designated under the Note A-1 Securitization.

  • Co-Trustee has the meaning set forth in the Basic Servicing Agreement.

  • Enforcement Committee A committee consisting of representatives of the Settling States and of the Participating Subdivisions. Exhibit B contains the organizational bylaws of the Enforcement Committee. Notice pursuant to Section XIV.Q shall be provided when there are changes in membership or contact information.

  • Note Trustee means the Person identified as the “Trustee” in the Indenture, solely in its capacity as Trustee pursuant to the Indenture and not in its individual capacity, or its successor in interest in such capacity, or any successor Trustee appointed as provided in the Indenture.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • indenture trustee or “institutional trustee” means the Trustee.

  • Trust Certificateholder means the Person in whose name a Trust Certificate is registered on the Certificate Register.

  • Independent Trustee means a Trustee who is not an interested person within the meaning of Section 2(a)(19) of the Investment Company Act.

  • Successor Institutional Trustee has the meaning set forth in Section 4.3(a).

  • Issuer Group is defined in Section 10.02(d).

  • Successor Delaware Trustee has the meaning set forth in Section 4.5(e).