Club Trustee definition

Club Trustee means Vacation Trust, Inc., a Florida corporation, in its capacity as trustee under the Club Trust Agreement, and its permitted successors and assigns.
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Club Trustee has the meaning set forth in Section 14.20.
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Club Trustee means, with respect to each Club Trust, Wilmington Trust Company, a Delaware banking corporation, not in its individual capacity but solely as trustee under the Club Trust Agreements, and any successor trustee thereunder.
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Examples of Club Trustee in a sentence

  • The AANR-East shall reimburse each AANR-East Club Trustee for one half (1/2) of verified lodging and car rental expenses not subsidized by the AANR and/or the Club for each meeting of the AANR Board of Trustees.

  • The Company does not submit any accounts and is formed of three ordinary shares one each in the name of a Club Trustee.

  • Every transfer is subject to a reasonable fee to compensate the Club Manager and the Club Trustee for their administrative costs and expenses as set out in the Club Constitution.

  • The Club Trustee will be nominated by the UK Director of Human Resources.

  • The Committee shall have the power to take out such insurance as they deem appropriate to protect the assets of the Club against claims made in respect of action taken or action not taken by any Officer of the Club, Trustee or Committee Member acting in good faith on behalf of the Club.

  • Each Owner’s membership in such Association is immediately conveyed to the Club Trustee under the applicable Timeshare Agreement and the Club Trustee will thereafter remain a member of such Association and be entitled to vote on the affairs thereof, subject only to retaining ownership of the Vacation Ownership Interest.

  • If a deceased Branch Club Trustee is being replaced, then the procedure as on retirement should be followed.

  • Instigated by the crucial need to address this problem, this study was carried out to investigate how the selection of construction procurement methods influence the performance of projects in Libya, based on the direct experience of construction professionals in procuring Libyan projects.

  • DEATH OF A BRANCH CLUB PROPERTY TRUSTEE 14A.6. No formal deed is necessary if a deceased Branch Club Trustee is not being replaced.

  • QUERIES ON BRANCH CLUB PROPERTY TRUSTEE MATTERS 14A.8. Queries on Branch Club Trustee matters should be referred to Area Headquarters.


More Definitions of Club Trustee

Club Trustee means, with respect to each Club Trust, Wilmington Trust Company, a Delaware banking corporation, not in its individual capacity but solely as trustee under the Club Trust Agreements, and any successor trustee thereunder.
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Related to Club Trustee

  • Successor Trustee means a successor Trustee possessing the qualifications to act as Trustee under Section 4.01.

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

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

  • Servicing Agent means, with respect to an eNote, the field entitled, “Servicing Agent” in the MERS eRegistry.

  • Other Trustee The applicable other “trustee” or, if applicable, the other “certificate administrator” or, if applicable, the other “custodian” under an Other Pooling and Servicing Agreement relating to a Serviced Companion Loan.

  • 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.

  • Debenture Trustee means Wilmington Trust Company, as trustee under the Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.