Bank trustee definition
Examples of Bank trustee in a sentence
Black, deceased.Tenth National Bank, trustee under agree- ment with Paul E.
Examples:Tenth National Bank, trustee of Pension Fund of Safety Manufacturing Company, U/A with the company, dated March 31, 1976, 12–3456789.Trustees of Retirement Fund of Safety Man- ufacturing Company, under directors’ reso- lution adopted March 31, 1976, 12–3456789.County Trust Company, Trustee of the Em- ployee Savings Plan of Jones Company, Inc., U/A dated January 17, 1976, 12–3456789.
Examples:Tenth National Bank, trustee of Pension Fund of Safety Manufacturing Company, U/A with the company, dated March 31, 1980, 12–3456789.Trustees of Retirement Fund of Safety Man- ufacturing Company, under directors’ reso- lution adopted March 31, 1980, 12–3456789.County Trust company, trustee of the Em- ployee Savings Plan of Jones Company, Inc., U/A dated January 17, 1980, 12–3456789.
As appropriate, registration of the security should be in the form shown below:Examples: ABC Bank, trustee for John Doe IRA, under agreement dated December 21, 1990.EFG Broker, Inc., custodian for Mary Smith IRA, under agreement dated Sep- tember 4, 1991.(d) Private organizations (corporations, unincorporated associations and partner- ships).
As appropriate, registration of the security should be in the form shown below:Examples: ABC Bank, trustee for John Doe IRA, under agreement dated December 21, 1990.EFG Broker, Inc., custodian for Mary Smith IRA, under agreement dated Sep- tember 4, 1991.
If the instrument creating the trust pro- vides that the trustees shall serve for a limited term, their names may be omitted.Examples: Tenth National Bank, trustee of Pension Fund of Safety Manufacturing Com- pany, U/A with the company, dated March 31, 1996, 12–3456789.Trustees of Retirement Fund of Safety Manufacturing Company, under directors’ resolution adopted March 31, 1996, 12–3456789.
BSC obtained Housing Bonds of 1979, in the original amount of $2,375,000, with interest rate at 3% per annum, payable in semi-annual installments on April 1 and October 1 of each year through April 1, 2019, toU.S. Bank, trustee.
US Bank National Association (as successor in interest to SunTrust Bank), trustee in respect of the Notes, processed the transmittal of the redemption notice to the holders of record of the Notes that were redeemed.
Bodies whose banking activities are regulated by other legislation, for example, the Agricultural Credit Corporation, the Industrial Credit Company, the Post Office Savings Bank, trustee savings banks and building societies are exempt from the section.
The Company issued the Notes under an Indenture dated as of February 19, 1999 (the "Indenture"), between the Company and The Chase Manhattan Bank, trustee (the "Trustee").