Substituted Trustee definition

Substituted Trustee has the meaning given to it in Condition 12.2 (Trustee Events); "Taxes" has the meaning given to it in Condition 13 (Taxation);
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Substituted Trustee has the meaning given to it in Condition 12.2 (Trustee Events); Tax Event means ADIB or the Trustee (as the case may be) would, as a result of a Tax Law Change, in making any payments under the Mudaraba Agreement (in the case of ADIB (in its capacity as Mudareb)) on the next due date for a payment of Mudaraba Profit or the Certificates (in the case of the Trustee) on the next due date for payment of a Periodic Distribution Amount (as the case may be) (whether or not a Non-Payment Event has occurred or a Non-Payment Election has been made), be required to pay Additional Amounts (and such requirement cannot be avoided by ADIB or the Trustee (as the case may be) taking reasonable measures available to it), and provided that ADIB satisfies the Financial Regulator that such Tax Law Change was not reasonably foreseeable at the time of the issuance of the Certificates; Tax Law Change means any change in, or amendment to, the laws, regulations or rulings affecting taxation of any Relevant Jurisdiction, or any change in the official application of such laws, regulations or rulings; Tax Redemption Amount in relation to a Certificate means its Prevailing Face Amount together with any Outstanding Payments; Taxes has the meaning given to it in Condition 13 (Taxation); Tier 1 Capital means capital qualifying as, and approved by the Financial Regulator as, tier 1 capital in accordance with the Capital Regulations; Transaction Account has the meaning given to it in Condition 5 (The Trust);
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Substituted Trustee has the meaning given to it in Condition 14.2 (Trustee Events);
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Examples of Substituted Trustee in a sentence

  • Dated: April 20, 2022 Beneficiary & Substituted Trustee City of North Las Vegas Attest: By: Name: Xxxx X.

  • Except for the purchase and sale of Authorized Investments and the transfer of Revenues Realized, upon receipt of such written notice from the Trustee, no funds shall be withdrawn or otherwise utilized in any manner from the Trust Account until the First Nation and the Substituted Trustee enter into a written agreement containing the same or substantially the same terms and conditions as Part I and Part III of this Agreement.


More Definitions of Substituted Trustee

Substituted Trustee has the meaning ascribed thereto in Article 11;
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Substituted Trustee. By:_________________________________ Name:____________________________ Title:_____________________________ On _________ 2001, before me, _______________________, a Notary Public in and for the State of California, personally appeared _______________________________, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. [SEAL] __________________________________________ 56 STATE OF __________________________________) ) COUNTY OF _________________________________) On ___________, 2001, before me, _______________________, a Notary Public in and for the State of California, personally appeared _______________________________, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. [SEAL] __________________________________________ 57 EXHIBIT A TO FIRST AMENDMENT TO, SUBSTITUTION OF TRUSTEE, AND PARTIAL RELEASE OF, CONSTRUCTION DEED OF TRUST
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Related to Substituted Trustee

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Appointed Trustee means each person acting in a Corporate Trust Capacity under each applicable Corporate Trust Contract.

  • Related Trustee Means the trustee under the Related Pass Through Trust Agreement.

  • Successor Delaware Trustee has the meaning set forth in Section 4.5(e).

  • Substituted Member means a Person that is admitted as a Member to the Company pursuant to Section 12.01.

  • Interested Trustee means any trustee of a Plan who is also (a) an officer, director, trustee, partner or employee of, or who owns, controls, or holds power to vote 5% or more of the outstanding voting securities of, (i) any Insured (other than such Plan), or (ii) any Affiliated Entity, or (iii) any Fund to which such Insured or any Affiliated Entity provides any services, or (b) an Insured or an Affiliated Entity.

  • Directed trustee means a trustee that is subject to a trust director's power of direction.

  • Substitute Member means a Person who is admitted as a Member of the Company pursuant to Section 2.7 as a result of a Transfer of Shares to such Person.

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

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

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • 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.

  • Successor Master Servicer The meaning ascribed to such term pursuant to Section 8.02.

  • NIM Trustee The trustee for the NIM Securities.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

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

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.

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

  • Substituted Specimen means a specimen with laboratory values that are so diminished that they are not consistent with oral fluid and which shall be deemed a violation of this policy, and shall be processed as if the test results were positive.

  • Independent Fund Trustee means a trustee of the Trust who is not an “interested person” as that term is defined in Section 2(a)(19) of the 1940 Act.

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

  • 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.

  • Successor Trust means the Continental Airlines Pass Through Trust 1999-1A-S.

  • 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.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • 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.