Series Trustee definition

Series Trustee has the meaning specified in Section 301.

Series Trustee has the meaning specified in the third paragraph of this Agreement.

Series Trustee means Deutsche Bank Trust Company Americas, as “Series Trustee” under the Indenture with respect to the Notes, or any successor thereto as set forth in the Indenture.

Examples of Series Trustee in a sentence

• A Series Trustee shall have no authority, power, function or duty with respect to any Portfolio, property and/or obligation other than the Portfolio, property and/or obligation for which such Series Trustee was appointed.

• Nothing in this Trust Agreement shall protect any Trustee, Series Trustee, officer, employee or agent against any liability to the Trust or the Shareholders to which such Trustee or officer would otherwise be subject by reason of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of the office of Trustee or of such Series Trustee or officer.

• A Trustee or Series Trustee shall be liable solely for his own willful misfeasance, bad faith, gross negligence or reckless disregard ofthe duties involved in the conduct of the office of Trustee or Series Trustee, and for nothing else, and shall not be liable for errors of judgment or mistakes of fact or law.

• Except to the extent required by any applicable provisions of the 1940 Act or under circumstances that would justify his removal for cause, no person ceasing to be a Trustee or Series Trustee as a result of his death, resignation, retirement, removal or incapacity (nor the estate of any such person) shall be required to make an accounting to the Shareholders or remaining Trustees or Series Trustees upon such cessation.

• A Series Trustee shall not be deemed to have the authority, powers, functions or duties of a “Trustee” under this Trust Agreement except as expressly set forth in this Trust Agreement or in a resolution of the Trustees appointing such Series Trustee.

More Definitions of Series Trustee

Series Trustee means, with respect to any Series, the trustee named in the related Series Trust Agreement.

Series Trustee means HSBC Bank USA, National Association, and shall also include its successors and assigns.

Series Trustee shall have, with respect to any Series, the meaning, if any, specified in the related Supplement.

Series Trustee shall have the meaning set forth in Section 301(21). and by amending the definition of “Trustee” by adding the words “or a Series Trustee” after the words “a successor Trustee” in the second line thereof.

Series Trustee means Manufacturers and Traders Trust Company, as Trustee under the Indenture of Trust (Series 2021 Bonds) and each financial institution acting as trustee under another Series Indenture, and its respective successors, if any, appointed pursuant to such Series Indenture;

Series Trustee means, in relation to a Series, the person acting as trustee for the benefit of the Noteholders and the Series Secured Creditors;

Series Trustee shall have the meaning set forth in Section 301(21). and by amending the definition of "Trustee" by adding the words "or a Series Trustee" after the words "a successor Trustee" in the second line thereof. Section 1.02. Section 101 of the Indenture is amended by adding the following definition, which shall be inserted after the definition of "Original Issue Discount Security": "Original Trustee" means The Bank of New York or any successor pursuant to Section 611 or 612. Section 1.03. Section 301 of the Indenture is amended by deleting "and" after subparagraph (20) and by adding the following subparagraph after subparagraph (20): (21) any Trustee for the Securities of the series (a "Series Trustee"), if other than the entity originally acting as Trustee or any successor thereto, provided that such Series Trustee shall have entered into an indenture supplemental hereto as provided for in Section 615; and and by renumbering subparagraph (21) as subparagraph (22). Section 1.04. Section 901(7) of the Indenture is amended and restated to read as follows: (8) to evidence and provide for the acceptance of appointment hereunder by a Series Trustee or a successor Trustee with respect to the Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, pursuant to the requirements of Section 611 or 615, as applicable. Section 1.05. A new Section 615 shall be added to the Indenture after Section 614 thereof, which shall read as follows: Section 615.