Collateral Trustees definition

Collateral Trustees has the meaning as set forth in the Collateral Trust Agreement.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Collateral Trustees has the meaning specified in the recital of parties to this Agreement.

Collateral Trustees means Wilmington Trust Company, a Delaware banking corporation, not in its individual capacity but solely as corporate trustee, and ▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇., an individual residing in the State of Delaware, not in his individual capacity but solely as individual trustee, in each case together with any successor trustee appointed pursuant to the Collateral Trust Agreement.

Examples of Collateral Trustees in a sentence

• The Collateral Trustees shall be entitled to their fees and expenses accrued to the date of the resignation becoming effective.

• The Collateral Trustees shall not be responsible for the negligence or misconduct of any agents or attorneys-in-fact reasonably selected by them in good faith.

• The enforcement of the Collateral Trustee's Liens in the Shared Collateral shall be governed by the Collateral Trust Agreement.

• The Bankruptcy Court further found that the claimants gave value to support the Collateral Trustee's security interest at the time the Claimant Agreement was signed on April 10, 2003, by agreeing to submit their claims for settlement and to enter into a 150-day litigation moratorium.

• The Collateral Trustees shall be entitled to rely upon advice of counsel and other professionals concerning all matters pertaining to such trusts, powers and duties.

More Definitions of Collateral Trustees

Collateral Trustees shall have the meaning ascribed to it in the introductory paragraph hereto.

Collateral Trustees means the U.S. Collateral Trustee and the Chilean Collateral Trustee.

Collateral Trustees has the meaning specified in the Collateral Trust Agreement.

Collateral Trustees means the U.S. Collateral Trustee and the Canadian Collateral Trustee.

Collateral Trustees means each of them collectively.

Collateral Trustees means collectively, the U.S. Collateral Trustee and the Canadian Collateral Trustee.

Collateral Trustees has the meaning specified in the Preamble.