Successor Property Trustee definition

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

Successor Property Trustee means a successor Trustee possessing the qualifications to act as Property Trustee under Section 5.3(a).

Successor Property Trustee has the meaning set forth in Section 3.8(f)(ii).

Examples of Successor Property Trustee in a sentence

• No Property Trustee or Delaware Trustee shall be liable for the acts or omissions to act of any Successor Property Trustee or Successor Delaware Trustee, as the case may be.

• Such court may thereupon, after prescribing such notice, if any, as it may deem proper and prescribe, appoint a Successor Property Trustee or Successor Delaware Trustee, as the case may be.

• Such court may thereupon, after prescribing such notice, if any, as it may deem proper, appoint a Successor Property Trustee or Successor Delaware Trustee, as the case may be.

• If no Successor Property Trustee or Successor Delaware Trustee shall have been appointed and accepted appointment as provided in this Section 5.7 within 60 days after delivery of an instrument of resignation or removal, the Property Trustee or Delaware Trustee resigning or being removed, as applicable, may petition any court of competent jurisdiction for appointment of a Successor Property Trustee or Successor Delaware Trustee.

• No Property Trustee or Delaware Trustee shall be liable for the acts or omissions to act of any Successor Property Trustee or successor Delaware Trustee, as the case may be.

More Definitions of Successor Property Trustee

Successor Property Trustee has the meaning specified in Section 8.9.

Successor Property Trustee has the meaning set forth in Section 3.8(f).

Successor Property Trustee has the meaning set forth in Section 6.06 hereof.

Successor Property Trustee has the meaning set forth in Section 6.7(b) of this Declaration.

Successor Property Trustee means a successor Trustee possessing the qualifications to act as Property Trustee under Section 5.01(c). "10% in liquidation amount of the Securities" means, except as otherwise required by the Trust Indenture Act and except as provided in the penultimate paragraph of paragraph 5 of Exhibit B hereto, Holder(s) of outstanding Securities voting together as a single class or, as the context may require, Holder(s) of outstanding Preferred Securities or Common Securities, voting separately as a class, who are the record owners of a relevant class of Securities whose liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) represents 10% or more of the liquidation amount of all outstanding Securities of such class.

Successor Property Trustee has the meaning set forth in Section 6.07(b)(i) of this Trust Agreement.

Successor Property Trustee shall have the meaning specified in Section 6.6(b).