Trust Parties definition

Trust Parties. As defined in Section 5.04. Trustee: Bankers Trust Company of California, N.A., a national banking association, and its successors in interest or any successor trustee appointed as provided pursuant to this Agreement.

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Trust Parties shall have the meaning set forth in the preamble.

Trust Parties means, collectively, the Trust, the Trustee, and the Trustee’s, and its corporate member’s, shareholders, officers, directors, employees, and managers of the Trustee; for the avoidance of doubt, “Trust Parties” shall not include environmental, engineering, or technical consultants and contractors, and other third-party professionals retained by the Trustee to assist it in carrying out its responsibilities under this Agreement and the ERT PPA.

Examples of Trust Parties in a sentence

• It is understood that directors, officers, employees and shareholders of the Trust Parties are or may become interested in the Adviser and its Affiliates, as directors, officers, employees, partners, shareholders, members, managers or otherwise, and that the Adviser and directors, officers, employees, partners, shareholders, members and managers of the Adviser and its Affiliates are or may become similarly interested in the Trust Parties as shareholders or otherwise.

• All Organization and Offering Expenses paid by the Adviser pursuant to this Section 3(b) shall be reimbursed by the Trust Parties to the Adviser in sixty (60) equal monthly installments commencing with the first anniversary of the Commencement Date.

• The Adviser shall for all purposes herein provided be deemed to be an independent contractor and, except as expressly provided or authorized herein, shall have no authority to act for or represent the Trust Parties in any way or otherwise be deemed an agent of the Trust Parties.

• Cooperate with the Trust Parties to provide an orderly management transition.

• The Trust Parties will pay the Adviser a management fee (the “DST Management Fee” and, together with the Trust Management Fee and the OP Management Fee, the “Management Fee”) equal to 1.25% per annum, payable monthly, of the aggregate DST Property Consideration for all DST Properties subject to a master lease.

More Definitions of Trust Parties

Trust Parties means, collectively, the Trusts, the Trustees, and the Trustees’ member’s shareholders, officers, directors, employees, and managers; for the avoidance of doubt, “Trust Parties” shall not include environmental, engineering, or technical consultants and contractors, and other third-party professionals retained by the Trustees to assist the Trustees in carrying out their responsibilities under this Consent Decree and the Trust Agreements.

Trust Parties means all such parties collectively.

Trust Parties means, collectively, the Trust and Baytex;

Trust Parties means, collectively, the Trust and, to the extent it is a Restricted Subsidiary, each of Canetic Saskatchewan Trust, Canetic ABC Commercial Trust, Petrofund Energy Trust, Petrofund Ventures Trust, StarPoint Commercial Trust, Acclaim Commercial Trust, Vault Energy Trust, and each other Penn West Party that is a trust, and each of their respective successors and permitted assigns.

Trust Parties has the meaning specified therefor in Section 15.20 of this Agreement.

Trust Parties. As defined in Section 5.04.

Trust Parties means Seller; REII-Gaithersburg, Maryland, LLC; the ▇▇▇▇▇▇▇▇▇ Living Trust, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, Trustee; and Commercial, Analytic and Legal Services, L.L.C.; and