Individual Trustee definition

Individual Trustee. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, as Individual Trustee under the Trust Agreement, and his successors pursuant to the Trust Agreement.

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Individual Trustee has the meaning specified in the recital of parties to this Agreement.

Individual Trustee has the meaning specified in the recital of the parties hereto.

Examples of Individual Trustee in a sentence

• The Individual Trustee shall promptly turn over to the Corporate Trustee any Collateral, or any part thereof, delivered to or received by the Individual Trustee.

• For Individual Trustee Trust/Superannuation Funds each individual Trustee must sign.

• Each of the Corporate Trustee and the Individual Trustee, for itself and its successors, hereby accepts the trusts created by this Agreement upon the terms and conditions hereof, including those contained in this Article VII.

• Any such delegation or delegations shall remain effective for the time therein specified or until earlier revocation by Individual Trustee by a written notice delivered to Corporate Trustee and filed with the records of the trust.

• Individual Trustee shall receive no compensation for her services hereunder but shall be entitled to reimbursements or advancements for all expenses incurred in performing the duties of trustee hereunder.

More Definitions of Individual Trustee

Individual Trustee. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, in his capacity as individual trustee under this Trust Agreement, and any successor indi- vidual trustee appointed hereunder.

Individual Trustee means such person as is required by ------------------ applicable state law to perform the functions of Individual Trustee pursuant to Section 9 hereof.

Individual Trustee and together with the Corporate Trustee, the “Collateral Trustees”) pursuant to the Second Amended and Restated Security Agreement dated as of April 2, 2007 executed by the Beneficiary and other parties thereto, as Grantor, in favor of the Collateral Trustees, as such agreement may be amended, amended and restated, supplemented or otherwise modified from time to time (the “Security Agreement”).

Individual Trustee means one of the individual persons serving as a trustee of the Oversight Board Trust from time to time, and any reference to an Individual Trustee shall be solely in said Individual Trustee's capacity as Member of the Company.

Individual Trustee means a natural person serving as trustee. “Corporate trustee” means a bank, trust company, financial institution or other corporation or entity serving as trustee. When a corporate trustee merges, is acquired, changes its name or otherwise is reorganized, its successor or assignee shall serve in its place.

Individual Trustee. Successor Trustee", "Co-Trustee" and "Separate Trustee" in this Mortgage are deleted in their entirety as to the Florida Property. It is the intention of the parties that this mortgage shall be a mortgage and not a deed of trust with respect to the Florida Property and that the Beneficiary shall have all of the rights and remedies respectively granted herein to the above-identified trustee.

Individual Trustee. Means XXXXXXXXXX and permitted successors or assigns.