Extraordinary Trustee definition

Extraordinary Trustee s Fees and Expenses” means all those fees, expenses and disbursements earned or incurred by the Trustee during any Bond Year for Extraordinary Services, as set forth in a detailed invoice to the Borrower and the Credit Facility Provider.
Extraordinary Trustee s Fees and Expenses” means all those fees, expenses and disbursements earned or incurred by the Trustee as described in the Indenture during any Bond Year for Extraordinary Services.
Extraordinary Trustee s Fees and Expenses" means all those fees, expenses and disbursements earned or incurred by the Trustee as described in the Indenture during any Bond Year for Extraordinary Services, as set forth in a detailed invoice to the Borrower.

Examples of Extraordinary Trustee in a sentence

  • Upon an Event of Default under Section 8.01(a) as a result of a failure by Fannie Mae to make payment under the MBS, but only upon such an Event of Default, the Trustee shall have a lien upon the Trust Estate for Extraordinary Trustee Fees and Expenses incurred by it.

  • The Borrower is required under the Loan Agreement to pay to the Trustee its Ordinary Trustee Fees and Expenses and any Extraordinary Trustee Fees and Expenses.

  • The Extraordinary Trustee hired the following advisors that are currently engaged in the Extraordinary Administration: 31 The Agrokor restructuring process is run according to best global practice for processes of this type, with highly reputable international advisory firms with exceptional experience engaged by the Group.

  • The draft settlement plan was presented by the advisors of the Extraordinary Administration and the Extraordinary Trustee Ante Ramljak.The Extraordinary Administration is using all available legal activities in order to protect the Group’s property and its companies in Croatia and abroad.

  • A chart of the Steering Group and new operational management structure can be found in the annex to this report.The Steering Group is headed by the Extraordinary Trustee, who is advised by international and domestic advisors led by AlixPartners and Kirkland & Ellis.

  • The Extraordinary Trustee, Mr Ante Ramljak took over the management of Agrokord.d. and control over its subsidiaries included under extraordinary administration on 10 April 2017.Pursuant to the Law on Extraordinary Administration, during Monday, 10 April, the bank accounts of all fifteen Agrokor companies previously blocked were unblocked.

  • The Steering Group is tasked with supporting the Extraordinary Trustee in day-to-day management of Agrokor, and its structure is built around key groups – retail, food and agriculture with a dedicated team focused on Agrokor Portfolio Holdings, and financial and strategy dealings.

  • Since being engaged by the extraordinary administration have continuously together with the Extraordinary Trustee engaged in talks with several financial institutions about the provision of facilities to support Agrokor’s operations.

  • The previous CEO of Konzum, Teo Vujčić, became an advisor to the Extraordinary Trustee with oversight in respect of all retail businesses and will oversee this crucial segment for the company and be responsible for efficiency in retail, together with a team from AlixPartners led by Bernd Brunke and Tim Robinson.

  • To the extent a co-trustee is required to be retained, fees and expenses of such co-trustee will be deemed to be Extraordinary Trustee Expenses; provided that to the extent any co-trustee performs the duties of the Servicing Advisor or the Servicer, such fees and expenses will be deducted from the Servicing Advisor Fee or the Servicer Fee, as appropriate.


More Definitions of Extraordinary Trustee

Extraordinary Trustee s Fees and Expenses” means all those fees, expenses and disbursements earned or incurred by the Trustee as described under Section 8.06 during any Bond Year for Extraordinary Services.
Extraordinary Trustee s Fees and Expenses” means the fees, expenses and disbursements payable to the Trustee and Paying Agent pursuant to the Indenture during any Fiscal Year in excess of Ordinary Trustee’s Fees and Expenses, including but not limited to, reasonable counsel fees and expenses, reasonable fees of other third-party professionals, and any costs of sending notices pursuant to the terms and conditions of the Bond Documents.
Extraordinary Trustee s Fees and Expenses” means all those fees, expenses and disbursements earned or incurred by the Trustee as described under Section 7.06 hereof during any Bond Year for Extraordinary Services, as set forth in a detailed invoice to the Borrower.

Related to Extraordinary Trustee

  • Extraordinary Trust Fund Expenses Any amounts reimbursable to the Master Servicer or the Depositor pursuant to Section 6.03, any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any amounts reimbursable to the Trustee, the Trust Administrator, Citibank or a Custodian from the Trust Fund pursuant to Section 2.01 or Section 8.05 and any other costs, expenses, liabilities and losses borne by the Trust Fund (exclusive of any cost, expense, liability or loss that is specific to a particular Mortgage Loan or REO Property and is taken into account in calculating a Realized Loss in respect thereof) for which the Trust Fund has not and, in the reasonable good faith judgment of the Trust Administrator, shall not, obtain reimbursement or indemnification from any other Person.

  • Extraordinary Trust Fund Expense Any amounts reimbursable to the Trustee, or any director, officer, employee or agent of the Trustee, from the Trust Fund pursuant to Section 8.05, any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii) and any amounts payable by the Trustee for the recording of the assignments of mortgage pursuant to Section 2.01.

  • Extraordinary Trust Expenses shall have the meaning specified in the Standard Terms.

  • charity trustee means a charity trustee of the CIO.

  • Majority Trustee Vote means the vote of a majority of the Trustees;

  • Extraordinary Transaction means any action that is not in the Ordinary Course of Business, but shall not include (a) any action described in or contemplated by the Separation Agreement or any Ancillary Agreement, (b) any action that is undertaken pursuant to the Restructuring or the Distribution, or (c) any compensatory payment or compensatory transfer in respect of services made as a result of, or in connection with, the Restructuring or the Distribution (which shall be treated as paid immediately before the Distribution on the Distribution Date).

  • 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.

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

  • NIM Trustee The trustee for the NIM Securities.

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

  • Co-Trustee has the meaning set forth in the Basic Servicing Agreement.

  • Issuer Trustee means Montreal Trust Company of Canada and its successors.

  • Advance Facility Trustee As defined in Section 3.22.

  • Liquidation Agent has the meaning set forth in Section 9.03.

  • Note Trustee means the Person identified as the “Trustee” in the Indenture, solely in its capacity as Trustee pursuant to the Indenture and not in its individual capacity, or its successor in interest in such capacity, or any successor Trustee appointed as provided in the Indenture.

  • Successor Institutional Trustee has the meaning set forth in Section 4.3(a).

  • Successor Trustee means a successor Trustee possessing the qualifications to act as Trustee under Section 4.01.

  • Appointed Trustee means each person acting in a Corporate Trust Capacity under each applicable Corporate Trust Contract.

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

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

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • Fiscal Agent means ABN AMRO Bank N.V., a banking association organized under the laws of the Netherlands and its permitted successors and assigns.

  • institutional trustee means the Trustee.

  • Successor Delaware Trustee has the meaning set forth in Section 4.5(e).

  • Share Trustee means Monument Trustees Limited, with its registered office at 57 Herbert Lane, Dublin 2, Ireland and CRO number 345558, and any successor thereto.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).