Partnership Guarantee Trustee definition

Partnership Guarantee Trustee means The Bank of New York until a Successor Partnership Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Preferred Partnership Securities Guarantee and thereafter means each such Successor Partnership Guarantee Trustee.
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Partnership Guarantee Trustee for purposes of this Section shall include any predecessor Partnership Guarantee Trustee; provided, however, that the negligence, willful misconduct or bad faith of any Partnership Guarantee Trustee hereunder shall not affect the rights of any other Partnership Guarantee Trustee hereunder. The provisions of this Section shall survive the termination of this Preferred Partnership Securities Guarantee.
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Examples of Partnership Guarantee Trustee in a sentence

  • Such court may thereupon, after prescribing such notice, if any, as it may deem proper, appoint a Successor Partnership Guarantee Trustee.

  • The right, title and interest of the Partnership Guarantee Trustee shall automatically vest in any Successor Partnership Guarantee Trustee, and such vesting and cessation of title shall be effective whether or not conveyancing documents have been executed and delivered pursuant to the appointment of such Successor Partnership Guarantee Trustee.

  • No third party shall be required to inquire as to the authority of the Partnership Guarantee Trustee to so act or as to its compliance with any of the terms and provisions of this Partnership Guarantee, both of which shall be conclusively evidenced by the Partnership Guarantee Trustee or its agent taking such action.

  • In case an Event of Default has occurred (that has not been cured or waived pursuant to Section 2.06), and is actually known to a Responsible Officer of the Partnership Guarantee Trustee, the Partnership Guarantee Trustee shall exercise such of the rights and powers vested in it by this Preferred Partnership Securities Guarantee, and use the same degree of care and skill in its exercise thereof, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.

  • Nothing in this Section 6.02 shall apply to claims of, or payments to, the Partnership Guarantee Trustee under or pursuant to Section 4.02 hereof.

  • There shall be no obligation of the Partnership Guarantee Trustee or the Holders to give notice to, or obtain consent of, the Guarantor or any other Person with respect to the happening of any of the foregoing.

  • Each notice shall include the name of the Successor Partnership Guarantee Trustee and the address of its Corporate Trust Office.

  • This Preferred Partnership Securities Guarantee may be amended only by an instrument in writing entered into by the Guarantor and the Partnership Guarantee Trustee.

  • The Guarantor shall provide to the Partnership Guarantee Trustee such evidence of compliance with any conditions precedent provided for in this Preferred Partnership Securities Guarantee as and to the extent required by Section 314(c) of the Trust Indenture Act.

  • The Partnership Guarantee Trustee makes no representation as to the validity or sufficiency of this Preferred Partnership Securities Guarantee.

Related to Partnership Guarantee Trustee

  • Guarantee Trustee means Wilmington Trust Company, until a Successor Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Guarantee and thereafter means each such Successor Guarantee Trustee.

  • Preferred Guarantee Trustee means Wilmington Trust Company, until a Successor Preferred Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Preferred Securities Guarantee and thereafter means each such Successor Preferred Guarantee Trustee.

  • Successor Guarantee Trustee means a successor Guarantee Trustee possessing the qualifications to act as Guarantee Trustee under Section 4.1.

  • Capital Securities Guarantee Trustee means The Bank of New York, a New York banking corporation, until a Successor Capital Securities Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Capital Securities Guarantee and thereafter means each such Successor Capital Securities Guarantee Trustee.

  • Successor Capital Securities Guarantee Trustee means a successor Capital Securities Guarantee Trustee possessing the qualifications to act as Capital Securities Guarantee Trustee under Section 4.1.

  • Successor Preferred Guarantee Trustee means a successor Preferred Guarantee Trustee possessing the qualifications to act as Preferred Guarantee Trustee under Section 4.1.

  • NIM Trustee The trustee for the NIM Securities.

  • Delaware Trustee means, with respect to the Trust, the Person identified as the “Delaware Trustee” in the Trust Agreement, solely in its capacity as Delaware Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as therein provided.

  • Outside Trustee With respect to an Outside Serviced Mortgage Loan, the trustee under the applicable Outside Servicing Agreement.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • or "INSTITUTIONAL TRUSTEE means the Trustee;

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Litigation Trustee means a Person to be determined by SFC and the Initial Consenting Noteholders prior to the Effective Time, with the consent of the Monitor, to serve as trustee of the Litigation Trust pursuant to and in accordance with the terms thereof.

  • the Macfarlane Trust means the charitable trust, established partly out of funds provided by the Secretary of State to the Haemophilia Society, for the relief of poverty or distress among those suffering from haemophilia;

  • Vehicle Trustee has the meaning set forth in the Recitals.

  • Co-Trustee has the meaning set forth in the Basic Servicing Agreement.

  • Initial Trustee shall have the meaning defined in the preamble hereto.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • NIM Issuer The entity established as the issuer of the NIM Securities.

  • Continuing Trustee means any member of the Board of Trustees who either (a) has been a member of the Board of Trustees for a period of at least thirty-six months (or since the commencement of the Trust’s operations, if less than thirty-six months) or (b) was nominated to serve as a member of the Board of Trustees by a majority of the Continuing Trustees then members of the Board of Trustees.

  • institutional trustee means the Trustee.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • venture issuer means a reporting issuer that, as at the applicable time, did not have any of its securities listed or quoted on any of the Toronto Stock Exchange, a U.S. marketplace, or a marketplace outside of Canada and the United States of America other than the Alternative Investment Market of the London Stock Exchange or the PLUS markets operated by PLUS Markets Group plc; where the “applicable time” in respect of

  • The Trustee s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.