Escrow Trustee definition

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.

Escrow Trustee means the bank or trust company appointed pursuant to Section 8 as the initial escrow trustee 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.

Escrow Trustee means the Escrow Trustee appointed in the Escrow Agreement.

Examples of Escrow Trustee in a sentence

• The Escrow Trustee is authorized and directed to cause notice of the refunding of the Refunded Bonds to be given in accordance with the Escrow Agreement.

• If U.S. Treasury Securities – State and Local Government Series are to be purchased for the Escrow Fund, the Original Purchaser and the Escrow Trustee are hereby specifically authorized to file, on behalf of the City, subscriptions for the purchase and issuance of those U.S. Treasury Securities – State and Local Government Series.

• The Mayor and the Fiscal Officer shall sign and deliver, in the name and on behalf of the City, the Escrow Agreement between the City and the Escrow Trustee, in substantially the form as is now on file with the Clerk of Council.

• In that event, the Escrow Fund shall be held and maintained by the Escrow Trustee in trust for the registered owners of the Refunded Bonds and the Other Refunded Obligations and pledged to the payment of principal of and interest and any redemption premium on the Refunded Bonds and the Other Refunded Obligations.

• U.S. Bank National Association is hereby appointed as the initial Escrow Trustee with respect to the refunding of the Refunded Bonds; provided, however, that the Fiscal Officer is authorized to appoint a different Escrow Trustee in the Final Terms Certificate after determining that such bank or trust company will not endanger the funds or securities of the City and that proper procedures and safeguards are available for that purpose.

More Definitions of Escrow Trustee

Escrow Trustee means the Escrow Trustee identified in each Redemption Agreement.

Escrow Trustee means the Trustee acting as escrow trustee under the Escrow Deposit Agreement.

Escrow Trustee means Wells Fargo Bank, National Association in its capacity as escrow trustee pursuant to the Escrow Trust Agreement.

Escrow Trustee means Corp Spv, who will be appointed under the terms of the Escrow and Distribution Agreement and any successor from time to time;

Escrow Trustee means The Bank of New York Mellon Trust Company, N.A., a national banking association.

Escrow Trustee means Xxxxx Fargo Shareowner ServicesSM or such other Person as may be designated by mutual agreement of Digital Angel and Majority Stockholders' Representative.

Escrow Trustee means the Trustee in its capacity as Escrow Trustee under the Escrow Agreement, and its successors and assigns in that capacity.