We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Trustee Direction definition

Trustee Direction applies to all activities of the Trustee or the Paying Agent on and after the Effective Date and means: (i) with respect to any disbursements made hereunder or the execution of any document contemplated hereby, including disbursements for administrative costs of the Litigation Facility and payments required to be made under the Class 6A through 6C Settlement Agreements and the Funding Payment Agreement, a written direction delivered to the Trustee or the Paying Agent and signed by the Claims Administrator, (ii) with respect to investment or settlement instructions, a written direction delivered to the Trustee and signed by the Financial Advisor or an Investment Manager or Managers, identified by the Financial Advisor, (iii) with respect to payment of expenses of the Litigation Facility, a written direction delivered to the Trustee and signed by the Claims Administrator, (iv) with respect to all other functions, including but not limited to the payment of settlements and judgments under the Litigation Facility, but excluding those set forth in Section 1.02(c)(v) and (vi) below, a written direction delivered to the Trustee and signed by a member of the Finance Committee, (v) with respect to tax allocations, a written direction delivered to the Trustee and signed by the Financial Advisor and (vi) with respect to the order of payments from sub-accounts of the Trust Account in Section 5.04, a written direction delivered to the Trustee and signed by the Financial Advisor.
Sample 1Sample 2Sample 3
Trustee Direction has the meaning specified in Section 10.5(d).
Sample 1
Trustee Direction has the meaning ascribed to such term in Section 24(f).
Sample 1

Examples of Trustee Direction in a sentence

  • However, if participants in the ESOP also own shares outside the ESOP, then such participants must complete both the Trustee Direction Form and the Letter of Transmittal if they wish to tender shares from both accounts.

  • Instead, participants in the ESOP should complete the Trustee Direction Form according to its instructions.

  • Until the execution of any such of the amended Annex B – Part II, the Trustee and the Paying Agent agree to provide such attached Annex B – Part II services as required by a Trustee Direction, as appropriate.

  • After the Effective Date and upon receipt of a Trustee Direction, the Trustee shall pay all amounts in connection with paragraph (m) of the Australian Motion by Plan Proponents.

  • Each Escrow Account Trustee Direction shall certify that the investment being requested conforms with the requirements of Section V of the Cash Investment Guidelines attached as Exhibit F.

  • If there are any funds remaining on deposit in this sub-account after the payment of all amounts described in this Section 6.02(g), the Trustee shall distribute such funds as directed in a Trustee Direction from the Plan Proponents.

  • Each such Trustee Direction shall identify the name of the Settlement for which the payment is being requested.

  • The Trustee shall disburse Trust tax payments as provided in such returns and statements without receiving any additional Trustee Direction.

  • The Trustee shall not settle any trade for which it receives a confirmation unless it also has received a complete and conforming Escrow Account Trustee Direction for such trade.

  • The Trustee shall not transfer any assets to the Trust Account until it receives such Escrow Account Trustee Direction or order of the District Court.

Related to Trustee Direction

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

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • Outside Trustee With respect to an Outside Serviced Mortgage Loan, the trustee under the applicable Outside Servicing Agreement.

  • Trustee Personnel The divisions and individuals of the Trustee who are involved in the performance of the duties of the Trustee under this Agreement.

  • Trustee means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.

  • NIM Trustee The trustee for the NIM Securities.

  • Indenture Trustee Fee means an annual fee equal to $5,000, payable on the Payment Date occurring in June of each year, commencing in 2017.

  • Trustee Representatives has the meaning specified in Section 2.05(b).

  • Administration Account As defined in Section 7.02.

  • indenture trustee or “institutional trustee” means the Trustee.

  • Corporate Trust Office of the Trustee shall be at the address of the Trustee specified in Section 12.02 hereof or such other address as to which the Trustee may give notice to the Company.

  • Owner Trustee Corporate Trust Office means the office of the Owner Trustee at which its corporate trust business shall be administered, which initially shall be 0000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx 00000-0000 Attn: Corporate Trust Administration, or such other office at such other address as the Owner Trustee may designate from time to time by notice to the Certificateholder, the Servicer, the Indenture Trustee, the Trust Depositor and Harley-Davidson Credit.

  • Trustee Functions means the functions set out in paragraph 6;

  • Trustee Acts means the Trustee Act 1925 and the Trustee Act 2000;

  • Lead Depositor means the Depositor under the Lead Securitization Servicing Agreement.

  • Note Trustee means the Person identified as the “Trustee” in the Indenture, solely in its capacity as Trustee pursuant to the Indenture and not in its individual capacity, or its successor in interest in such capacity, or any successor Trustee appointed as provided in the Indenture.

  • Administrative Director refers to that individual or authorized designee, empowered by the State to make final and binding executive decisions on behalf of the State.

  • 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.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in January of each year, commencing in January 2024.

  • 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.

  • 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.

  • Trustee Fees means the acceptance fee and the annual fees and expenses of the Trustee as set forth in Exhibit C of the Indenture.

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

  • Administrative Staff means all persons employed by the University who are categorised in terms of the Statutes as members of the administrative staff;

  • Administration of Medication means the act of placing a medication in or on an individual's body by a staff member who is responsible for the individual's care.

  • Trustee/Certificate Administrator Fee With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

Most Referenced Clauses

Most Referenced Definitions