Examples of Investor Trustee in a sentence
Except as otherwise provided herein, for the purpose of any provision requiring a vote of all Investor Trustees, if an Investor Trustee is not present (in person or by telephone) at a meeting duly called or abstains due to a conflict, a vote of all Investor Trustees shall mean all but the Investor Trustee who is not present or so abstains.
Anything herein to the contrary notwithstanding, in the event that a vacancy occurs in the Board of Trustees as a result of an Investor Trustee no longer serving as Trustee, such vacancy shall be filled by a Trustee designated by the Shareholder Investor who designated the vacating Investor Trustee; provided, however, that such designated replacement Trustee shall not have been previously removed pursuant to Section 2.2(b) or (d) hereof.
The AVS Investor Trustee and the AVS Investors agree to execute and deliver all terminations and satisfactions, if any, necessary to effectuate such termination.
In connection with the Resolution Agreement, Agent, Syndication Agent, Lenders, AVS Investors and AVS Investor Trustee are entering into a Proceeds Sharing Agreement dated July ___, 2002 (the "Sharing Agreement").
Without limiting the generality of the foregoing, each Bank Group Member expressly disputes the existence of any Claim in favor of any AVS Investor or the AVS Investor Trustee arising out of or relating to Agent's draws upon any of the AVS Investor Letters of Credit.
The AVS Investor Trustee hereby represents and warrants to each Bank Group Member that the AVS Investor Trustee is duly authorized and empowered to execute this Release; that AVS Investor Trustee is competent to execute and deliver this Release; and that AVS Investor Trustee has not sold, assigned, transferred, conveyed, or otherwise disposed of any Claim relating to any matter covered by this Release.
Agent, Syndication Agent and Lenders, on the one hand, and AVS Investors and AVS Investor Trustee, on the other hand, desire that the Sharing Agreement become effective and, therefore, are willing to execute and deliver this Release to release, among things, all disputes and claims arising from or relating to the AVS Investor Letters of Credit.
If Agent has Control of the Property and elects to cause or consent to any sale or other disposition of the Property to a purchaser (other than an AVS Party) during the Initial Sharing Term pursuant to a transaction that would constitute a Qualifying Disposition upon its consummation, Agent shall promptly notify the AVS Investor Trustee in writing (a "Sale Notice") of such election, setting forth the terms and conditions of any such proposed sale (a "Proposed Sale").
If at any time during the Qualifying Ownership Period, the Investor Trustee ceases to be considered as an “independent” trustee under applicable law, NYSE rules, or the Corporate Governance Guidelines of the Company the Company shall provide that the decisions or recommendations of the Board of Trustees requiring unanimous approval from the independent trustees shall also require the approval of the Investor Trustee.
Notwithstanding any other provision of this Article IX, any Investor may at any time pledge or grant a security interest in all or any portion of its rights and interests (including, without limitation, rights to payment of Principal and Yield) under this Agreement to an Investor Trustee.