Receivables Trustee definition

Receivables Trustee means NewDay Funding Receivables Trustee Ltd, in its capacity as trustee of the Receivables Trust pursuant to the terms of the Receivables Trust Deed and Servicing Agreement, and its permitted successors and any person appointed as a successor trustee, co-trustee or separate trustee of the Receivables Trust in accordance with the provisions of the Receivables Trust Deed and Servicing Agreement or by operation of law;
Receivables Trustee means The Bank of New York (Delaware), in its capacity as trustee under the Receivables Trust Agreement.
Receivables Trustee means LaSalle National Bank, a national banking association, in its capacity as trustee under the Pooling Agreement (as defined in the Receivables Purchase Agreement), and its successor and assigns.

Examples of Receivables Trustee in a sentence

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  • Barclays Bank PLC as Transferor Beneficiary and Excess Interest Beneficiary hereby undertakes to each of the parties to this Supplement and to the Receivables Trustee for itself and as trustee for each other Beneficiary that it will not make any Disposal or create or grant any Encumbrance in respect of its beneficial entitlement in the Receivables Trust except in accordance with Clause 3.7 of the Trust and Cash Management Agreement and acknowledges that any attempt to do so shall be void.

  • Each of Barclays Bank PLC and the MTN Issuer agrees, in whatever capacity hereunder, to do and perform, from time to time, any and all acts and to execute any and all further instruments required or reasonably requested by the Receivables Trustee more fully to effect the purposes of this Supplement.

  • If no successor trustee shall have been so appointed and have accepted within 30 days after the giving of such notice of resignation, the resigning Receivables Trustee may petition any court of competent jurisdiction for the appointment of a successor trustee.

  • No Beneficiary shall have a right to have recourse to, or make demand or initiate proceedings against the Receivables Trustee at any time whilst the nominal amount exceeds the available amount.


More Definitions of Receivables Trustee

Receivables Trustee means (i) prior to the FCMT termination date, the ------------------- Trustee, and (ii) after the FCMT termination date, the Indenture Trustee.
Receivables Trustee means the trustee on behalf of the holders of interests in the receivables and related assets sold pursuant to a Qualified Receivables Transaction.
Receivables Trustee means South Gyle Receivables Trustee Limited in its capacity as trustee of the Receivables Trust pursuant to the terms of the Receivables Trust Deed and Trust Cash Management Agreement and its permitted successors and any Person appointed as a successor trustee, co- trustee or separate trustee of the Receivables Trust in accordance with the provisions of the Receivables Trust Deed and Trust Cash Management Agreement or by operation of law;
Receivables Trustee means Bankers Trust Company, or any other Person serving as trustee under the Zenith Trade Receivables Master Trust 1997.
Receivables Trustee means Gracechurch Receivables Trustee Limited as receivables trustee pursuant to the Declaration of Trust and Cash Management Agreement and its permitted successors;
Receivables Trustee means Gracechurch Receivables Trustee Limited in its capacity as trustee of the Receivables Trust pursuant to the terms of the Declaration of Trust and Trust Cash Management Agreement and its permitted successors and any Person appointed as a successor trustee, co-trustee or separate trustee of the Receivables Trustee in accordance with the provisions of the Declaration of Trust and Trust Cash Management Agreement or by operation of law;