Trustee Director definition
Examples of Trustee Director in a sentence
Exhibitor has not and shall not rely on any advice or direction from any employee, officer, Trustee, Director or agent of the Fair, except as may be required under this Agreement, in planning and carrying out its operation.
However, the Noteholders of the Most Senior Class shall have the power, exercisable only by an Extraordinary Resolution, to remove the Security Trustee Director as director of the Security Trustee.
The Security Trustee Management Agreement with the Security Trustee Director may be terminated by the Security Trustee (or the Issuer on its behalf) upon the occurrence of certain termination events, including, but not limited to, a default by the Security Trustee Director (unless remedied within the applicable grace period), dissolution and liquidation of the Security Trustee Director or the Security Trustee Director being declared bankrupt or granted a suspension of payments.
The Security Trustee Director has entered into the Security Trustee Management Agreement with the Security Trustee and the Issuer.
The Security Trustee Director shall resign upon termination of the Security Trustee Management Agreement, provided that such resignation shall only be effective as from the moment (a) a new director reasonably acceptable to the Security Trustee has been appointed and (b) a Credit Rating Agency Confirmation is available in respect of such appointment.
Intertrust Management B.V. belongs to the same group of companies as Intertrust (Luxembourg) S.à ▇.▇., which is the Domiciliation Agent and the Issuer Administrator and Amsterdamsch Trustee's Kantoor B.V., which is the Security Trustee Director.
In addition the Security Trustee Director agrees in the Security Trustee Management Agreement that it will not agree to any modification of any agreement including, but not limited to, the Transaction Documents or enter into any agreement, other than in accordance with the Trust Agreement and the other Transaction Documents.
Furthermore, the Security Trustee Management Agreement can be terminated by the Security Trustee Director or the Security Trustee (or the Issuer on its behalf) per the end of each calendar year upon ninety (90) days' prior written notice, provided that a Credit Rating Agency Confirmation is available in respect of such termination.
By: R▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ By: B▇▇▇▇▇▇ ▇▇▇▇ President and Trustee Director t Journalize each Portfolio's investment, capital share and income and expense activities.
The Trustee Directors shall have the power to designate one Trustee Director to execute certificates and other documents on behalf of all of them in furtherance of their collective decisions.