Trustee Acknowledgement definition

Trustee Acknowledgement means an acknowledgement, reasonably satisfactory to the Caesars Parties, signed by the Trustee acknowledging that so long as this Agreement (a) has, prior to becoming effective, been signed by Consenting Creditors holding a majority of the aggregate amount of all First Xxxx Xxxx Claims held at such time by all of the Consenting Creditors (and all such signatures have not been revoked) or (ii) is, following its effectiveness, not subject to termination by the Requisite Consenting Creditors, it shall stay and discontinue the prosecution of all pending motions in the Trustee Guaranty Litigation, including with CEC executing and filing stipulations voluntarily withdrawing the pending cross-motions for summary judgment without prejudice, solely to the extent (a) such claims will remain fully preserved notwithstanding such withdrawal and on such terms as to allow the motions to be re-filed without delay or prejudice, (b) (and only to the same extent), and for the same period of time, that the plaintiffs in the 2L Guaranty NY Case does so and (c) the 2L Guaranty DE Case is stayed or the parties thereto have withdrawn the pending cross-motions for summary judgment.
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Trustee Acknowledgement. With respect to each Securitization Agreement, a letter or letters in substantially the form of Exhibit 6 attached hereto, sufficient to satisfy the requirements, if any, of such Securitization Agreement (1) in which the Trustee consents to such appointment of the Purchaser as servicer and which agreement does not reduce or limit the rights or compensation of the servicer under the applicable Securitization Agreement or impose unduly burdensome requirements on the Purchaser, and (2) in which the related Trustee waives any existing default under such Securitization Agreement by the Seller and agrees not to pursue any remedy that might otherwise be pursued as a result of any such existing default; provided, however, that such forbearance shall not preclude a Trustee from separately pursuing an action against the Seller for any servicer default with respect to the Seller.
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Trustee Acknowledgement means an acknowledgement, reasonably satisfactory to the Caesars Parties, signed by the Trustee acknowledging that so long as this Agreement (a) has, prior to becoming effective, been signed by Consenting Creditors holding a majority of the aggregate amount of all First Lien Bond Claims held at such time by all of the Consenting Creditors (and all such signatures have not been revoked) or (ii) is, following its effectiveness, not subject to termination by the Requisite Consenting Creditors, it shall stay and discontinue the prosecution of all pending motions in the Trustee Guaranty Litigation, including with CEC executing and filing stipulations voluntarily withdrawing the pending cross-motions for summary judgment without prejudice, solely to the extent (a) such claims will remain fully preserved notwithstanding such withdrawal and on such terms as to allow the motions to be re-filed without delay or prejudice, (b) (and only to the same extent), and for the same period of time, that the plaintiffs in the 2L Guaranty NY Case does so and (c) the 2L Guaranty DE Case is stayed or the parties thereto have withdrawn the pending cross-motions for summary judgment.
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Examples of Trustee Acknowledgement in a sentence

  • The Escrow Release shall occur upon receipt by the Escrow Agent of the Escrow Release Certificate and Trustee Acknowledgement as contemplated by the Escrow Agreement (the date of the Escrow Release is hereinafter referred to as the “Escrow Release Date”; provided, however, that if the conditions to the Escrow Release are satisfied on the Issue Date and the parties do not enter into the Escrow Agreement, references herein to the “Escrow Release Date” shall refer to the “Issue Date”).


More Definitions of Trustee Acknowledgement

Trustee Acknowledgement has the meaning specified in Section 14.02.
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Related to Trustee Acknowledgement

  • Acknowledgement has the meaning set forth in Section 4.3(B).

  • Acknowledgement of Receipt means the procedure by which, on receipt of a Message, the logical presentation or form are checked, and a corresponding acknowledgement or rejection is sent by the receiver;

  • Trustee Agreement means the trustee agreement entered into on or before the Issue Date, between the Issuer and the Trustee, or any replacement trustee agreement entered into after the Issue Date between the Issuer and a trustee, regarding, inter alia, the remuneration payable to the Trustee or a replacement trustee.

  • Order Acknowledgement means the date when Voip Unlimited sends the customer an order acknowledgement email to the technical and order contact as specified on the Service order form or Customer requirement form.

  • Functional Acknowledgement means an acknowledgement Message by the receiving party’s computer software application which automatically confirms the receipt of a Message at the moment of receipt;

  • Trustee Acts means both the Trustee Xxx 0000 and the Trustee Xxx 0000 of England and Wales.

  • Acknowledgment Agreement The document, substantially in the form of Exhibit B, to be executed by the Owner and the Servicer on or prior to each Closing Date which document shall amend the Mortgage Loan Schedule attached as Exhibit A hereto to reflect the addition of Mortgage Loans to such Exhibit A and which document reflects the addition of Mortgage Loans which are subject to the terms and conditions of this Agreement.

  • Acknowledgment means a declaration by an individual before a notarial officer that the individual has signed a record for the purpose stated in the record and, if the record is signed in a representative capacity, that the individual signed the record with proper authority and signed it as the act of the individual or entity identified in the record.

  • Event of Nonappropriation means a termination of this Facilities Agreement pursuant to

  • Authorized Participant Agreement means an agreement among the Trustee, the Sponsor and an Authorized Participant that authorizes the Authorized Participant to submit Purchase Orders and Redemption Orders under this Agreement.

  • Programme Agreement means the programme agreement entered into on or about the date hereof between, inter alios, the Guarantor, the Sellers, the Issuer, the Representative of the Covered Bondholders and the Dealers.

  • Bailee Agreement means a Bailee Agreement among Seller, Buyer and Bailee in the form of Exhibit IV hereto.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • NEPOOL Agreement means the Second Restated New England Power Pool Agreement dated as of February 1, 2005, as amended or accepted by the Commission and as may be amended, modified, superseded, supplemented and/or restated from time to time.

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Assignment of Claims Act means the Assignment of Claims Act of 1940 (41 U.S.C. Section 15, 31 U.S.C. Section 3737, and 31 U.S.C. Section 3727), including all amendments thereto and regulations promulgated thereunder.

  • Authorised Participant Agreement means, in respect of an Authorised Participant, the authorised participant agreement (as amended, supplemented, novated and/or replaced from time to time) entered into by the Issuer and such Authorised Participant.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.

  • Issuer Administration Agreement means that certain issuer administration agreement, dated as of the date hereof, among the Administrator, the Issuer, the Transferor and the Indenture Trustee.

  • Eligible Representations means those representations identified within the “Tests” included in Schedule B.

  • Authorized Participant means a Person that, at the time of submitting a Purchase Order or a Redemption Order (i) is a registered broker-dealer, (ii) is a DTC Participant or an Indirect Participant and (iii) has in effect a valid Authorized Participant Agreement.

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Assignment of Benefits means an arrangement whereby the Plan Participant assigns their right to seek and receive payment of eligible Plan benefits, in strict accordance with the terms of this Plan Document, to a Provider. If a provider accepts said arrangement, Providers’ rights to receive Plan benefits are equal to those of a Plan Participant, and are limited by the terms of this Plan Document. A Provider that accepts this arrangement indicates acceptance of an “Assignment of Benefits” as consideration in full for services, supplies, and/or treatment rendered.

  • Confirmation means the entry of the Confirmation Order on the docket of the Chapter 11 Cases.

  • Assignment of Recognition Agreement With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.