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New Trustee definition

New Trustee means, collectively, The Bank of New York Mellon as U.S. trustee and BNY Trust Company of Canada as Canadian trustee under the New Indenture;
New Trustee shall have the meaning set forth in the Recitals hereof.
New Trustee means the person identified as the ‘New Trustee’ in Schedule 2 (Parties and Notice Details).

Examples of New Trustee in a sentence

  • New Trustee Item 6.03- Change in Credit Enhancement or External Support Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement provided.

  • The Trustees may, by vote of at least two-thirds of the number of Trustees in office, in their absolute discretion waive the operation of the previous sentence (upon the initial election of a New Trustee in question or at any time during the initial term of a New Trustee), with the effect that a New Trustee may be appointed by the Trustees to serve for a term determined as if that person had already served an initial term of three years.

  • The New Trustee receive a trustee fee at the rate of 0.075% per annum of the Net Asset Value of the Sub-Fund accrued daily and calculated as at each Dealing Day and payable monthly in arrears, which includes fund administration fee and global custody fee.

  • 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.

  • On the Transfer Date, each of the Original Trusts will transfer and assign all of its assets and rights to a substantially identical Successor Trust, and the New Trustee thereof will assume the obligations of the related Original Trustee under each transaction document to which such Original Trustee was a party.


More Definitions of New Trustee

New Trustee means a trustee appointed in substitution for a trustee or trustees or a trustee appointed in addition to a trustee or trustees;
New Trustee means a licensed trustee subsequently appointed to the ASF, including an acting trustee, after the removal of the previous trustee.
New Trustee means __________________ National Association, in its capacities as Trustee and Collateral Agent for the holders of the New Notes pursuant to the New Trust Documents until a successor replaces it, and thereafter any such successor.
New Trustee. (also known as “transferee trustee” in the Regulation) - the trustee of an MPF scheme to which your accrued benefits are to be transferred. If you elect to transfer your accrued benefits to another account within the same MPF scheme or to another MPF scheme under the same trustee, the new trustee on this Form will be the same as original trustee. 「新受託人」(在《規例》中亦稱「承轉受託人」)– 指轉入你的累算權益的強積金計劃的受託人。如你選擇將累算權益轉移至同一強積金計劃的另一個賬戶或轉移至同一受託人的另一個強積金計劃,在本表格所述的新受託人將與原受託人相同。
New Trustee means Wilmington Trust Company, in its capacity as trustee under the New Xxxxxx Secured Notes Indenture and collateral agent under the Second-Priority Collateral Documents in respect of the New Noteholder Claims, and its permitted successors.
New TrusteeWilmington Trust Company, as trustee under the New ----------- Trust Agreement.