Residual Trustee definition

Residual Trustee means Wilmington Trust Company, who will be appointed pursuant to the Declaration of Trust to serve as trustee of the Residual Trust.
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Residual Trustee means EMC in its capacity as residual trustee for the Tertiary Beneficiaries under the Security Trust Agreement;
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Examples of Residual Trustee in a sentence

  • Treatment: Each Holder of an Allowed Class 5B Claim shall receive in full and final satisfaction of all such Allowed Class 6A and Class 5B Claims, its Pro Rata share of (i) the Exchange Note Distribution on or as soon as practicable after the Effective Date, and (ii) any Available Proceeds, when and if such proceeds are available, as determined by the Residual Trustee.

  • Holders of Allowed Class 5B Claims will receive in full and final satisfaction of all such Allowed Class 6A and Class 5B Claims a Pro Rata share of (i) the Exchange Note Distribution, on or as soon as practicable after the Effective Date, and (ii) any Available Proceeds, when and if such proceeds are available for distribution, as determined by the Residual Trustee.

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  • Treatment: Each Holder of an Allowed Class 5B Claim shall receive in full and final satisfaction of all such Allowed Class 6A and Class 5B Claims, its Pro Rata share of (i) the Exchanged Note Distribution on or as soon as practicable after the Effective Date, and (ii) any Available Proceeds, when and if such proceeds are available, as determined by the Residual Trustee.

  • The Solyndra Residual Trustee, in consultation with the Solyndra Residual Trust Committee, is authorized to compromise claims in favor of the Solyndra Residual Trust.

  • By this Motion, the Solyndra Residual Trustee seeks the entry of an order, substantially in the form attached hereto, pursuant to section 105 of the Bankruptcy Code and Bankruptcy Rule 9019, approving the Settlement Agreement.

  • Moreover, the Solyndra Residual Trustee acknowledges that, under the circumstances, a guaranteed $7.5 million recovery is appropriate given the uncertainty regarding collecting any judgement against Yingli.

  • The amount of the "Residual Trustee Fee" which the Trustee shall be entitled to receive on each Payment Date following the issuance of the Residual Notes shall be determined by multiplying (i) the Booked Residual Values as of the prior Payment Date for all Performing Leases times (ii) one-twelfth of ____%.

  • The Anti-Trust Litigation has advanced, with a motion to dismiss being denied, discovery completed, and motion for summary judgment pending.In support of the Motion, the Solyndra Residual Trustee respectfully represents as follows: PRELIMINARY STATEMENT 1.

  • For these reasons and others discussed below, the Solyndra Residual Trustee respectfully requests that the Court approve the Settlement Agreement.

Related to Residual Trustee

  • NIM Trustee The trustee for the NIM Securities.

  • institutional trustee means the Trustee.

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

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

  • Principal Trust Deed means the principal trust deed 17 April 2013 between the Lender and the Trustee, as it may be amended or supplemented from time to time.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

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

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property 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 Property Trustee appointed as therein provided.

  • 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.

  • 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.

  • Residual Interests As specified in the Preliminary Statement.

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

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

  • 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.

  • Grantor Trust Certificates Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

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

  • 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.

  • Residual Interest The sole class of "residual interests" in a REMIC within the meaning of Section 860G(a)(2) of the Code.

  • Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Certificateholder means the Person in whose name the Certificate is registered.

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).

  • Trust Certificateholder means the Person in whose name a Trust Certificate is registered on the Certificate Register.

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

  • Residual Certificates As specified in the Preliminary Statement.