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;

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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.

• Except as otherwise expressly provided in any other document to which the Existing Trustee is a party, the Transferred Trustee Interest is assigned and transferred to the New Trustee pursuant to this Instrument “AS IS” and “WHERE IS”.

• International Registry Each of the Existing Trustee, the New Trustee and the Beneficiary shall cooperate to make any and all registrations with the International Registry to carry out the purpose and intent of the assignment and transfer of the Aircraft Equipment, and expressly consents to such registration(s) with respect to the Aircraft Equipment.

• The Company hereby appoints the New Trustee, and the New Trustee hereby accepts its appointment, as the Trustee under the Indenture with respect to the Notes with all rights, powers and obligations as set forth in the Indenture.

More Definitions of New Trustee

New Trustee means State Street Bank and Trust Company as Trustee under the New Indenture.

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 a trustee appointed in substitution for a trustee or trustees or a trustee appointed in addition to a trustee or trustees;

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 means The Bank of New York Mellon or such person or persons for the time being trustee or trustees under the New Trust Deed constituting the Naftogas Notes;

New Trustee defined in Recital B."

New Trustee means Permanent Trustee Company Limited;