Successor Trust Securities definition
Examples of Successor Trust Securities in a sentence
Such court may thereupon, after prescribing such notice, if any, as it may deem proper, appoint a Successor Trust Securities Guarantee Trustee.
The right, title and interest of the Trust Securities Guarantee Trustee shall automatically vest in any Successor Trust Securities Guarantee Trustee, and such vesting and succession of title shall be effective whether or not conveyancing documents have been executed and delivered pursuant to the appointment of such Successor Trust Securities Guarantee Trustee.