Professional Trustee Company definition

Professional Trustee Company means an organisation that: (a) is a “trustee company” as that term is defined in section 601RAB of the Corporations Act; (b) holds a current relevant Australian Financial Services Licence: (i) authorising the provision of “traditional trustee company services” as defined under the Corporations Act, section 601RAA; and (ii) with appropriate authorisations as required to permit it to carry out functions under this Deed; and (c) has at least 5 years experience in carrying out the functions and providing the services similar to those required of the Trustee under this Deed;
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Professional Trustee Company means an organisation that is experienced and licensed as a trustee company under legislation. Regional Corporation: means an Aboriginal corporation that is established by the relevant Noongar Agreement Group and appointed by the Trustee as the Regional Corporation for that Indigenous Land Use Agreements Region.
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Professional Trustee Company means a company of good repute whose ordinary course of business is acting as trustee on a commercial basis such as for example, Perpetual Trustees Ltd;
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Examples of Professional Trustee Company in a sentence

  • Nine years after the commencement of the Trust, the NCC may request the Trustee (who will be a Professional Trustee Company) to assist with the establishment or selection of a Nominee Entity to be appointed as the Dedicated Trustee.

  • Where a Dedicated Trustee is Trustee, it must appoint a Professional Trustee Company to act as the Custodian Trustee to hold legal title to the Protected Property of the Trust and provide advice to the Dedicated Trustee.27 The Protected Property is all of the Trust assets not required by the Trustee for the day to day operations of the Trust.

  • A Professional Trustee Company is eligible for appointment if it is a trustee company under section 601RAB of the Corporations Act.

  • The first trustee of the Trust is [Name of Professional Trustee Company].

  • During the State Contribution Period, the Trustee must be a Professional Trustee Company.

  • Where the Trustee is a Professional Trustee Company, the Trustee and its associates may be appointed as the Investment Manager with the prior written consent of the IC.279 Costs associated with delivering this service are to be separate from the Trustee’s ordinary remuneration.

  • Trustee Eligibility Requirements Purpose A Trustee (whether a Professional Trustee Company or Dedicated Trustee) must meet certain requirements in order to be appointed as the Trustee of the NBT.


More Definitions of Professional Trustee Company

Professional Trustee Company means an organisation that: (a) is a “trustee company” as that term is defined in section 601RAB of the Corporations Act; (b) holds a current relevant Australian Financial Services Licence: (i) covering the provision of all or substantially all of the “traditional trustee company services” defined in section 601RAA of the Corporations Act; and (ii) with appropriate authorisations as required to permit it to carry out functions under this Deed; and (c) has at least 5 years experience in carrying out the functions and providing the services similar to those required of the Trustee under this Deed;
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Related to Professional Trustee Company

  • institutional trustee means the Trustee.

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

  • NIM Trustee The trustee for the NIM Securities.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Owner Trustee Corporate Trust Office means the office of the Owner Trustee at which its corporate trust business shall be administered, which initially shall be Xxxxxx Square North, 0000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx 00000-0000 Attn: Corporate Trust Administration, or such other office at such other address as the Owner Trustee may designate from time to time by notice to the Certificateholder, the Servicer, the Indenture Trustee, the Trust Depositor and Harley-Davidson Credit.

  • Other Trustees Means the trustees under the Other Agreements, and any successor or other trustee appointed as provided therein.

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

  • 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.

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • Administrative Trustees shall have the meaning set forth in the Trust Agreement.

  • Deputy compact administrator means: the individual, if any, in each compacting state appointed to act on behalf of a Compact Administrator pursuant to the terms of this compact responsible for the administration and management of the state's supervision and transfer of juveniles subject to the terms of this compact, the rules adopted by the Interstate Commission and policies adopted by the State Council under this compact.

  • Delaware Trust Statute means the Delaware Statutory Trust Act, Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. § 3801 et seq., as the same may be amended from time to time.

  • Parent Trustees means the Trustees elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Share Trustee means Monument Trustees Limited, with its registered office at 57 Herbert Lane, Dublin 2, Ireland and CRO number 345558, and any successor thereto.

  • Successor Institutional Trustee has the meaning set forth in Section 4.3(a).

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

  • Issuer Trustees means, collectively, the Property Trustee and the Delaware Trustee.

  • Corporate Trustee means a Trustee which is a banking institution or trust company regularly engaged in the business of trust administration in which no Beneficiary has any controlling interest.

  • 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;

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Corporate Trust Office of the Trustee shall be at the address of the Trustee specified in Section 12.02 hereof or such other address as to which the Trustee may give notice to the Company.

  • Corporate Administrator means, with respect to the Issuer, Deutsche International Corporate Services Limited whose registered office is at St. Paul's Gate, New Street, St. Helier, Jersey, JE4 8ZB, Channel Islands and any successor or replacement thereto.

  • 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.

  • Compact administrator means: the individual in each compacting state appointed pursuant to the terms of this compact, responsible for the administration and management of the state's supervision and transfer of juveniles subject to the terms of this compact, the rules adopted by the Interstate Commission and policies adopted by the State Council under this compact.

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.