Grantor Trust Trustee definition

Grantor Trust Trustee. BNY Mellon Trust of Delaware, acting not in its individual capacity, but solely as trustee for the Grantor Trust.

Grantor Trust Trustee means Wilmington Trust, National Association, a national banking association, not in its individual capacity but solely as grantor trust trustee under the Grantor Trust Agreement, and any successor Grantor Trust Trustee thereunder.

Grantor Trust Trustee means Wxxxx Fargo Bank, National Association, not in its individual capacity but solely as Grantor Trust Trustee under the Grantor Trust Agreement, its successors in interest or any successor Grantor Trust Trustee under the Grantor Trust Agreement.

Examples of Grantor Trust Trustee in a sentence

• The parties expressly acknowledge and consent to Wilmington Trust acting in the dual capacity of Owner Trustee and in the capacity of Grantor Trust Trustee.

• If the Grantor Trust Seller shall not have joined in such appointment within fifteen (15) days after the receipt by it of a request to do so, the Grantor Trust Trustee alone shall have the power to make such appointment.

• The Grantor Trust Trustee shall have no obligation to administer, service or collect the Receivables or to maintain, monitor or otherwise supervise the administration, servicing or collection of the Receivables.

• The Grantor Trust Trustee in its individual or any other capacity may become the owner or pledgee of Notes.

• The Grantor Trust Trustee may accept a certified copy of a resolution of the board of directors or other governing body of any corporate party as conclusive evidence that such resolution has been duly adopted by such body and that the same is in full force and effect.

More Definitions of Grantor Trust Trustee

Grantor Trust Trustee means Wells Fargo Bank, National Association, not in its individual capacity but solely as Grantor Trust Trustee under the Grantor Trust Agreement, its successors in interest or any successor Grantor Trust Trustee under the Grantor Trust Agreement.

Grantor Trust Trustee means that Person selected by the Debtor to act as the trustee of the Grantor Trust or any of his, hers, or its successors. The Grantor Trust Trustee will be acceptable to the Requisite Parties.

Grantor Trust Trustee means the entity acting as trustee for each of the Floating Rate Grantor Trusts.

Grantor Trust Trustee. The Class A-1 Grantor Trust Trustee, Class A-2-A Grantor Trust Trustee or Class A-3 Grantor Trust Trustee, as applicable.

Grantor Trust Trustee. The entity acting as Trustee as herein provided, which shall initially be LaSalle Bank National Association.

Grantor Trust Trustee. U.S. Bank National Association, as Trustee on behalf of the Grantor Trust, its successors or assigns.

Grantor Trust Trustee means [_________], a [ ], not in its individual capacity but solely as grantor trust trustee under the Grantor Trust Agreement, and any successor Grantor Trustee thereunder.]