THE PRIOR TRUSTEE Sample Clauses

THE PRIOR TRUSTEE. SECTION 1.01 Prior Trustee hereby resigns as Trustee under the Indenture.
AutoNDA by SimpleDocs
THE PRIOR TRUSTEE. 1.1 The Prior Trustee hereby represents and warrants to the Issuer and to the Successor Trustee that:
THE PRIOR TRUSTEE. 1.1 Pursuant to Section 609 of the Governing Document, the Issuer has notified the Prior Trustee and other parties that Prior Trustee is to be removed as Trustee, Paying Agent and Security Registrar under the Governing Document.
THE PRIOR TRUSTEE. SECTION 1.01 The Prior Trustee hereby resigns as Trustee, Registrar and Paying Agent under the Indenture, effective as of the Effective Time (as defined below).
THE PRIOR TRUSTEE. SECTION 1.01 Prior Trustee hereby resigns as Trustee under the Indenture and acknowledges and agrees that no amounts of compensation or reimbursement are owed to it by Issuer, and that to its knowledge, it has no claims against Issuer for indemnification under the Indenture.
THE PRIOR TRUSTEE. Section 1. Prior Trustee hereby accepts and agrees to Depositor’s removal of Prior Trustee, as Trustee under the Trust Documents.
THE PRIOR TRUSTEE. SECTION 1.01 Prior Trustee is hereby removed as Trustee under the Indentures.
AutoNDA by SimpleDocs
THE PRIOR TRUSTEE 

Related to THE PRIOR TRUSTEE

  • The Owner Trustee It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by Wilmington Trust, National Association on behalf of the Trust not individually or personally but solely as owner trustee of the Trust under the Trust Agreement of the Trust dated the date hereof in the exercise of the powers and authority conferred upon and vested in Wilmington Trust, National Association as owner trustee of the Trust under such Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of the Trust is made and intended not as the personal representation, undertaking or agreement of Wilmington Trust, National Association, but is made and intended for the purpose of binding only the Trust and (iii) nothing herein contained shall be construed as creating any liability on the part of Wilmington Trust, National Association, individually or personally, to perform any covenant or obligation of the Trust, either expressed or implied, contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!