Applicable Trustee definition

Applicable Trustee. So long as the Aggregate Note Principal Balance is greater than zero and the Indenture has not been discharged in accordance with its terms, the Indenture Trustee, and thereafter, the Owner Trustee.
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Applicable Trustee. So long as the Aggregate Note Principal Balance is greater than zero and the Indenture has not been discharged in accordance with its terms, the Indenture Trustee, and thereafter, the Owner Trustee. Arbitration: A binding arbitration proceeding with AAA conducted pursuant to the rules set forth in the AAA Rules.
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Applicable Trustee means, for each Other Series, the Trustee appointed pursuant to the Applicable Indenture for such Series.
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Examples of Applicable Trustee in a sentence

  • Applicable Trustee fees shall be deducted pursuant to 28 U.S.C. § 586(e).

  • For all purposes of the Resolution the Holder of a Book Entry Bond shall be the Depository therefor and neither the Authority nor the Applicable Trustee shall have responsibility or any obligation to the beneficial owner of such Bond or to any direct or indirect participant in such Depository.

  • Promptly after each such computation, the Applicable Trustee shall give notice thereof to the Institution and the Authority.

  • The Applicable Trustee shall also describe all withdrawals, substitutions and other transactions occurring in each such fund and account in the previous month.

  • The Applicable Trustee shall advise the Authority and the Institution in writing, on or before the fifteenth day of each calendar month, of the amounts required to be on deposit in each fund and account hereunder and of the details of all Securities held for the credit of each fund and account in its custody under the provisions hereof as of the end of the preceding month and as to whether such Securities comply with the provisions hereof.

  • Except as otherwise expressly provided herein and in each Applicable Series Resolution, any request, order, notice or other direction required or permitted to be furnished pursuant to any provision hereof and of any Applicable Series Resolution by the Authority to the Applicable Trustee or any Applicable Paying Agent shall be sufficiently executed if executed in the name of the Authority by an Authorized Officer.

  • Such certificate shall be full warrant for any action taken or suffered in good faith under the provisions hereof and of the Applicable Series Resolution upon the faith thereof, but in its discretion the Applicable Trustee or any Applicable Paying Agent may in lieu thereof accept other evidence of such fact or matter or may require such further or additional evidence as it may deem reasonable.

  • The Authority, in its discretion, may direct the Applicable Trustee to, and the Applicable Trustee shall, sell, present for redemption or exchange any Securities held hereunder by the Applicable Trustee and the proceeds thereof may be reinvested as provided in this Section.

  • Except as otherwise provided in the Plan, distributions to a holder of an Allowed Claim or Allowed Interest shall be made at the address of such holder as indicated on the Debtor’s or Debtor Subsidiary’s records or, with respect to Senior Bond Claims and Junior Bond Claims, as directed by the Collateral Agent or Applicable Trustee.

  • Applicable Trustee: So long as the Aggregate Note Principal Balance is greater than zero and the Indenture has not been discharged in accordance with its terms, the Indenture Trustee, and thereafter, the Owner Trustee.


More Definitions of Applicable Trustee

Applicable Trustee. So long as the Outstanding Amount for any series of Term Notes or the Revolving Notes is greater than zero and the Indenture has not been discharged in accordance with its terms, the Indenture Trustee, and thereafter, the Owner Trustee.
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Applicable Trustee. So long as the Outstanding Amount for any Series or Class is greater than zero and the Indenture has not been discharged in accordance with its terms, the Indenture Trustee, and thereafter, the Owner Trustee.
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Applicable Trustee. So long as the Aggregate Note Principal Balance is greater than zero and the Indenture has not been discharged in accordance with its terms, the Indenture Trustee, and thereafter, the Owner Trustee. Assignment: Any LPA Assignment, PA Assignment or PSA Assignment.
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Applicable Trustee means the Senior Bond Trustee or the Junior Bond Trustee, as the context requires.
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Applicable Trustee means BNY Midwest Trust Company in its several respective capacities as Trustee under the 13% Company Indenture, as Trustee under the 13% Intermediate Indenture and as Trustee and Collateral Agent under the 11 1/2% TCI Indenture, respectively.
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Applicable Trustee means the Class A-1 Trust and each other trustee in relation to an Additional Series that is a party to the Participation Agreement.
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Related to Applicable Trustee

  • Applicable Trust Has the meaning specified in the recitals hereto.

  • Charitable Trustee means each Person, unaffiliated with the Trust and a Prohibited Owner, that is appointed by the Trust from time to time to serve as a trustee of a Charitable Trust as provided by Section 8.3(a).

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • Eligible Trust means - (i) a trust created by or in pursuance of the provisions of any law which is for the time being in force in any State, or (ii) a trust, the properties of which are vested in a treasurer under the Charitable Endowments Act 1890 (Act 6 of 1890), or (iii) a religious or charitable trust which is administered or controlled or supervised by or under the provisions of any law, which is for the time being in force relating to religious or charitable trusts or, (iv) any other trust, being an irrevocable trust, which has been created for the purpose of or in connection with the endowment of any property or properties for the benefit or use of the public or any section thereof, or (v) a trust created by a will which is valid and has become effective, or (vi) any other trust, being an irrevocable trust, which has been created by an instrument in writing and includes `depository' within the meaning of Clause(e) of Sub-section (1) of Section 2 of The Depository Act, 1996;

  • NIM Trustee The trustee for the NIM Securities.

  • Class B Trustee Class C Certificate", "Class C Certificateholder", "Class C Trust", "Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

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

  • Delaware Trustee means, with respect to the Trust, the Person identified as the “Delaware Trustee” in the Trust Agreement, solely in its capacity as Delaware 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 Delaware Trustee appointed as therein provided.

  • Class A Trustee means the trustee for the Class A Pass Through Trust.

  • 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.

  • or "INSTITUTIONAL TRUSTEE means the Trustee;

  • Applicable Certificateholder Means the Person in whose name an Applicable Certificate is registered on the Register for the Applicable Certificates.

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor 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.

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

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

  • Issuer Trustee means Montreal Trust Company of Canada and its successors.

  • Charitable trust means any trust provided for in Section 8.2(a)(ii) and Section 8.3(a).

  • Class A Certificateholder The registered holder of a Class A Certificate.

  • 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.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Irrevocable trust means a trust over which no person holds a power of revocation. A power holder's lack of capacity to exercise a power of revocation negates the power of revocation unless an agent of the power holder under a durable power of attorney, a conservator of the power holder, or a plenary guardian of the power holder is serving and the agent, conservator, or guardian is authorized to exercise the power of revocation.

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

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Share Trustee means Monument Trustees Limited, with its registered office at 57 Herbert Lane, Dublin 2, Ireland and CRO number 345558, and any successor thereto.