Examples of Existing Trustee in a sentence
Except as otherwise expressly provided in any other document to which the Existing Trustee is a party, the Transferred Trustee Interest is assigned and transferred to the New Trustee pursuant to this Instrument “AS IS” and “WHERE IS”.
International Registry Each of the Existing Trustee, the New Trustee and the Beneficiary shall cooperate to make any and all registrations with the International Registry to carry out the purpose and intent of the assignment and transfer of the Aircraft Equipment, and expressly consents to such registration(s) with respect to the Aircraft Equipment.
If checked, this Instrument effects the REMOVAL of the Existing Trustee.
Resignation or Removal of Existing Trustee With effect from the Effective Time, the Existing Trustee resigns or is removed as ‘Trustee’ under the GATS Trust Instrument pursuant to section 11.1 of the Master Terms, as applicable, as determined by the checked box in Schedule 5 (Trustee Resignation/Removal).
With effect from the Effective Time, the Existing Trustee assigns and transfers to the New Trustee all of its rights, title and interest in, to and under the Transferred Trustee Interest (including the Aircraft Equipment, if any, identified in Schedule 3 (Aircraft Equipment) and any other Aircraft Equipment), and the New Trustee accepts such assignment and transfer.