SUBSTITUTE SECURITY TRUSTEE definition

SUBSTITUTE SECURITY TRUSTEE at any given time means the entity then appointed as Security Trustee under clause 19.

Examples of SUBSTITUTE SECURITY TRUSTEE in a sentence

  • The retirement of the retiring Security Trustee will take effect upon the earlier to occur of: (a) (EXPIRY OF 3 MONTH PERIOD): the expiry of a 3 month period commencing on the date of notification of retirement of the trustee of the Funds under the Trust Deed; and (b) (APPOINTMENT OF A SUBSTITUTE SECURITY TRUSTEE): the appointment of a Substitute Security Trustee.

  • The retirement of the retiring Security Trustee will take effect upon the earlier to occur of: (a) (EXPIRY OF 3 MONTH PERIOD): the expiry of a 3 month period commencing on the retirement or removal of the trustee of the Series Trust under the Master Trust Deed; and (b) (APPOINTMENT OF A SUBSTITUTE SECURITY TRUSTEE): the appointment of a Substitute Security Trustee.

Related to SUBSTITUTE SECURITY TRUSTEE

  • Security Trustee shall have the meaning ascribed thereto in the preamble;

  • Mortgage Security Trust Fund As to any Mortgage Security, the trust fund in which such Mortgage Security evidences a fractional undivided interest. New York Presenting Agent: State Street Bank and Trust Company, N.A., with its offices at 00 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx or such other office within the Borough of Manhattan, City of New York, State of New York, as Xxxxxx Mae may appoint by notice to the Trustee.

  • Security Trust Deed means the Security Trust Deed executed by, inter alia, the Borrower, the Guarantor, the Collateral Agent, the Facility Agent, the Original Secured Creditors (as defined therein) and the Delegate Collateral Agent and shall be substantially in the form of Exhibit P or otherwise reasonably acceptable to the Facility Agent.

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • charity trustee means a charity trustee of the CIO.

  • Advance Facility Trustee As defined in Section 3.22.

  • Majority Trustee Vote means the vote of a majority of the Trustees;

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

  • Collateral Trustee has the meaning set forth in the preamble.

  • Intercreditor Agent has the meaning given to such term in the Intercreditor Agreement.

  • Note Trustee means the Person identified as the “Trustee” in the Indenture, solely in its capacity as Trustee pursuant to the Indenture and not in its individual capacity, or its successor in interest in such capacity, or any successor Trustee appointed as provided in the Indenture.

  • New Securities Trustee means a bank or trust company reasonably satisfactory to the Initial Purchasers, as trustee with respect to the New Securities under the New Securities Indenture.

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • Loan Trustee Means, with respect to any Indenture, the bank, trust company or other financial institution designated as loan trustee thereunder, and any successor to such loan trustee.

  • Exercise Any Secured Creditor Remedies or “Exercise of Secured Creditor Remedies” shall mean:

  • Successor Agent has the meaning set out in Section 15.10.

  • Successor Trustee means a successor Trustee possessing the qualifications to act as Trustee under Section 4.01.

  • NIM Trustee The trustee for the NIM Securities.

  • Collateral Agent as defined in the preamble hereto.

  • City Treasurer means the appointed and acting City Treasurer or, in the City Treasurer’s absence, the appointed acting City Treasurer of the City.

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • Independent Trustee means a Trustee who is not an interested person within the meaning of Section 2(a)(19) of the Investment Company Act.

  • Creditor Representative means, with respect to Series 2023-5, the Indenture Trustee.

  • 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.

  • Underlying Securities Trustee means The Bank of New York.