Trustee fund definition

Trustee fund means an account into which premiums, investment proceeds, and other revenues are deposited and are used to cover all administrative or operational expenses of a pool.
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Examples of Trustee fund in a sentence

  • Interest from the Trustee fund dedicated to faculty development shall be added to the pool of money available for faculty development described.

  • This two- month extension is needed to respond to delays in processing the extension in closing date of the Trustee fund (Multi-Donor Trust Fund for Regional Centers for Learning on Evaluation and Results, TF071407), and to enable the grant to remain active and eligible to receive additional financing (as discussed and agreed by the Donors).

  • Interest from the Trustee fund dedicated tofaculty development shall be added to the pool of money available for faculty development described.

  • An extension of the closing date of the Credit and the EU Grant was approved from September 30, 2019, to September 30, 2020, and an extension of the end disbursement date of the associated Trustee fund TF072113 from March 30, 2020, to March 31, 2021.

  • Interest revenueDecrease in interest rates in 2014 attributed to lower revenue earned on Public Trustee fund reserves.

  • We are in a healthy position with a rather large sum in the bank and I have not claimed as much from John Bent’s Trustee fund as I have in previous years as I feel it is not right to make these claims except in extraordinary circumstances.

  • This consultation paper takes a step towards what will be a continuing effort to directly involve stakeholders and “social communities” in shaping the future delivery of LAO’s services and programs for clients who have experienced or are experiencing domestic violence.

  • Trustee fund management staff have extensive sector and fund management experience, in comparison with bilateral donor staff (NORAD, 2019).

  • In its capacity as trustee, the Trustee is responsible for the overall management of the Trust, including the retention of one or more investment advisors to assist the Trustee, fund administration and custody of the Trust’s assets.

  • A pool shall maintain a trustee fund and a loss fund.B. Trustee fund.

Related to Trustee fund

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in May of each year, commencing in May 2020.

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

  • 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 Fee As to any Distribution Date, an amount equal to one-twelfth of the Trustee Fee Rate multiplied by the Pool Stated Principal Balance with respect to such Distribution Date.

  • NIM Trustee The trustee for the NIM Securities.

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

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • 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.

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

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • Indenture Trustee Fees means the compensation and expenses (including attorney’s fees and expenses and indemnification payments) payable to the Indenture Trustee for its services under this Master Indenture and the other Relative Documents to which it is a party (if any).

  • 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.

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Note A-3 Trust Fund means the trust formed pursuant to the Note A-3 PSA.

  • U.S. Trustee Fees means fees arising under 28 U.S.C. § 1930(a)(6) and, to the extent applicable, accrued interest thereon arising under 31 U.S.C. § 3717.

  • Plan Trustee means the Person appointed pursuant to Article V of the Plan and the Plan Trust Agreement for the purpose of acting as Trustee of the Plan Trust in accordance with the terms and conditions contained in the Plan, the Plan Trust Agreement and the Confirmation Order.

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Note A-1 Trustee means the trustee under the Note A-1 PSA.

  • Noteholder Servicing Fee is defined in Section 3.1.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Mortgage Trustee means the Person serving as trustee at the time under the First Mortgage.