Authority Trustee definition

Authority Trustee means the financial institution identified as trustee in an Authority Trust Agreement.
Authority Trustee means Wilmington Trust, National Association, or any successor thereto appointed pursuant to the Authority Indenture.
Authority Trustee means The Bank of New York Mellon Trust Company, N.A., in its capacity as trustee under the Authority Indenture, and any successor thereto.

Examples of Authority Trustee in a sentence

  • The right, title and interest of the Authority in and to the Financing Agreement and the payments thereunder and the security for such payments have been assigned by the Authority to the Authority Trustee, and the Bonds have been delivered by the Company on behalf of the Authority directly to the Authority Trustee, as assignee, as security for the payment of the principal of, and premium, if any, and interest on, the Authority Bonds.

  • Any Municipal Authority Trustee may, however, remove an item from consent by request.

  • The Authority Trustee may not sell, assign or otherwise transfer the Bonds except for a transfer of the entire outstanding principal amount thereof to its successor as trustee under the Authority Indenture, which successor and each subsequent successor shall hold such Authority Bonds subject to the same restriction on transfer.

  • The delivery to the Authority Trustee of a certified copy of such resolution shall constitute notice to the Authority Trustee of the redemption referred to therein, on the terms specified therein.

  • The Authority Trustee may not sell, assign or otherwise transfer the Bonds except for a transfer of the entire outstanding principal amount thereof to its successor as Trustee under the Authority Indenture, which successor and each subsequent successor shall hold such Bonds subject to the same restriction on transfer.


More Definitions of Authority Trustee

Authority Trustee means the trustee under the Authority’s Electric System General Revenue Bond Resolution dated May 13, 1998.
Authority Trustee means The Bank of New York Mellon Trust Company, N.A., as successor trustee to J.P. Morgan Trust Company, N.A., under the Master Authority Trust Indenture.
Authority Trustee means U.S. Bank National Association or any successor thereto appointed pursuant to the Authority Indenture.
Authority Trustee means Wilmington Trust, National Association, in its capacity as Trustee under the Authority Indenture, or any successor thereto appointed pursuant to the Authority Indenture.
Authority Trustee means U.S. Bank National Association, as trustee under the Trust Agreement, or any successor trustee substituted in its place as provided thereunder.
Authority Trustee means the financial institution identified as trustee or fiscal agent in an Authority Trust Agreement.
Authority Trustee means U.S. Bank National Association, as trustee under the Trust Agreement, or any successor thereto.