Directing party means a person who, in a trust instru- ment or court order, is granted a power to direct a trustee’s invest- ment or distribution decisions or a power to make investment or distribution decisions regarding trust property and the power is granted to the person in a capacity other than as a trustee or a trust protector. For purposes of this subsection, a power of appoint- ment is not a power to direct a trustee’s investment or distribution decisions or a power to make investment or distribution decisions regarding trust property.
Directing party means any investment trust advisor, distribution trust advisor, or trust protector as provided in this section.
Directing party means any investment trust advisor,
Examples of Directing party in a sentence
In this Section: (1) "Directing party" means any investment trust advisor, distribution trust advisor, or trust protector as provided in this Section.
More Definitions of Directing party
Directing party has the meaning set forth in the definition of Beneficial Owner.
Directing party means an investment trust advisor, distribution trust advisor, or trust protector as provided in this chapter.
Directing party means any investment trust
Directing party means, with respect to any particular instruction given to the Collateral Agent, each Party (and each Benefited Party represented by such Party) that has given such instruction to the Collateral Agent.
Directing party means an investment trust advisor, distribution trust advisor, or trust
Directing party means, in relation to a Series, the party specified as such in the relevant Additional Conditions for the purposes of Base Condition 3.2, provided that if the Directing Party is specified to be the Noteholders then any direction shall be given by way of Extraordinary Resolution or Written Resolution. If no Directing Party is specified in the Additional Conditions, then the Directing Party shall be deemed to be the Noteholders. “Directive”, in relation to any particular EU Directive, includes any present or future directive, regulation, request, requirement, rule or credit restraint programme of any relevant authority issued or made in connection with such EU Directive.
Directing party for purposes of this Agreement shall include TCF Financial, the Committee, or any participant or beneficiary authorized by this Agreement to direct the Trustee, as applicable (collectively referred to for purposes of this Agreement as the "Directing Party").