ECT Trustees definition

ECT Trustees means the trustees of ECT from time to time;
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ECT Trustees means, at any time, those individuals who are, in accordance with the terms of the ECT Trust Indenture, the trustees of ECT at that time;
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ECT Trustees means the trustees of ECT which for greater certainty, is comprised of the Independent ECT Trustees and Manager Trustees;
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Examples of ECT Trustees in a sentence

  • The omission of such a provision from any such written agreement shall not operate to impose personal liability on the Trustee, ECT, the ECT Trustees, the Administrator, any Unitholder or any Fund Annuitant.

  • The foregoing right of indemnification shall not be exclusive of any other rights to which ECT or the ECT Trustees may be entitled as a matter of law or equity.

  • All costs, charges and expenses reasonably incurred by ECT and the ECT Trustees in carrying out ECT’s obligations and duties hereunder in connection with the provision and performance of the Services (the “Expenses”) shall be payable by the Fund out of the Fund Property.

  • The rights conferred by any such provision shall be enforced by ECT for its benefit and the benefit of the Fund and shall be held in trust and enforced by ECT for the benefit of the Trustee, the ECT Trustees, the Administrator, the Unitholders and Fund Annuitants.

  • At any time that the Fund holds less than 50% of the issued and outstanding ECT Units, any meeting of the Fund held at the request of the ECT Trustees shall be held at the sole cost and expense of ECT.

  • An Elected Trustee may be removed at any time with or without cause by Ordinary Resolution or to facilitate the composition of Enbridge appointed ECT Trustees.

  • The ECT Trustees who are also officers, employees or consultants of Enbridge are not entitled to receive any remuneration for their services as ECT Trustees, but are entitled to reimbursement from ECT of their out-of-pocket expenses incurred in acting as ECT Trustees.

  • The rights conferred by any such provision shall be enforced by the Manager for its benefit and the benefit of ECT, and shall be held in trust and enforced by the Manager for the benefit the ECT Trustees, holders of ECT Units and any annuitant.

  • The following is a description of the education and experience, apart from their respective roles as ECT Trustees, of each member of the AFR Committee that is relevant to the performance of his or her responsibilities as a member of the AFR Committee.

  • Only Enbridge alone may remove an Enbridge appointed ECT Trustee from office.The ECT Trust Indenture provides that the ECT Trustees must act honestly and in good faith with a view to the best interests of ECT and the ECT Unitholders and, in connection therewith, exercise the degree of care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.


More Definitions of ECT Trustees

ECT Trustees means the trustees from time to time of ECT.
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ECT Trustees means the trustees of ECT from time to time; "ECT Units" means the common units of ECT;
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ECT Trustees means the trustees of ECT;
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Related to ECT Trustees

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

  • Parent Trustees means the Trustees elected or appointed pursuant to Articles 53 – 56 inclusive;

  • or "Trustees means each Person who has signed this Declaration as a trustee, so long as such Person shall continue in office in accordance with the terms hereof, and all other Persons who may from time to time be duly appointed, qualified and serving as Trustees in accordance with the provisions hereof, and references herein to a Trustee or the Trustees shall refer to such Person or Persons solely in their capacity as trustees hereunder.

  • Other Trustees Means the trustees under the Other Agreements, and any successor or other trustee appointed as provided therein.

  • Administrative Trustees shall have the meaning set forth in the Trust Agreement.

  • Issuer Trustees means, collectively, the Property Trustee and the Delaware Trustee.

  • Trustees refers to the persons who have signed this Agreement and Declaration of Trust, so long as they continue in office in accordance with the terms hereof, and all other persons who may from time to time be duly elected or appointed to serve on the Board of Trustees in accordance with the provisions hereof, and reference herein to a Trustee or the Trustees shall refer to such person or persons in their capacity as trustees hereunder;

  • Independent Trustee means a Trustee who is not an interested person within the meaning of Section 2(a)(19) of the Investment Company Act.

  • Indenture Trustees means the Senior Notes Indenture Trustee and the Subordinated Notes Indenture Trustee.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • NIM Trustee The trustee for the NIM Securities.

  • Charity Trustees means the directors of the Academy Trust who are responsible for the general control and management of the administration of the Academy Trust.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Delaware Trustee means the Person identified as the “Delaware Trustee” in the preamble to this Trust Agreement, solely in its capacity as Delaware Trustee of the Trust and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as herein provided.

  • Outside Trustee With respect to an Outside Serviced Mortgage Loan, the trustee under the applicable Outside Servicing Agreement.

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property 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 Property Trustee appointed as therein provided.

  • institutional trustee means the Trustee.

  • Relevant Trustee shall have the meaning specified in Section 8.10.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Eligible Lender Trustee shall also mean each successor Eligible Lender Trustee as of the qualification of such successor as Eligible Lender Trustee under the Trust Agreement.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Delaware Trust Statute means the Delaware Statutory Trust Act, Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. § 3801 et seq., as the same may be amended from time to time.

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • the Trustees means the directors of the Academy Trust (and “Trustee” means any one of those directors), subject to the definition of this term at Article 6.9 (e) in relation to Articles 6.2-6.9;