Trustee Responsibility definition

Trustee Responsibility means any responsibility provided in the Plan to manage or control the assets of this Plan.
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Trustee Responsibility. Trustee Responsibility" means any responsibility set forth herein which imposes a duty or responsibility upon the Trustee concerning the investment, management and control of the Trust Fund and any other responsibilities imposed upon Trustees by operation of law.
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Examples of Trustee Responsibility in a sentence

  • X Regulation AB Reference Servicing Criteria Applicable Indenture Trustee Responsibility 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements.

  • X Reg AB Reference Servicing Criteria Applicable Indenture Trustee Responsibility 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements.

  • Reg AB Reference Servicing Criteria Applicable Indenture Trustee Responsibility 1122(d)(4)(ii) Pool assets and related documents are safeguarded as required by the transaction agreements.

  • Reg AB Reference Servicing Criteria Applicable Indenture Trustee Responsibility 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): a.

  • Trustee Responsibility Regarding Payments to Trust Beneficiary When Company is Insolvent.

  • X Regulation AB Reference Servicing Criteria Applicable Indenture Trustee Responsibility 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the servicer’s investor records, or such other number of days specified in the transaction agreements.

  • Reg AB Reference Servicing Criteria Applicable Indenture Trustee Responsibility General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements.

  • EXHIBIT C SERVICING CRITERIA TO BE ADDRESSED BY BOND TRUSTEE IN ASSESSMENT OF COMPLIANCE Reg AB Reference Servicing Criteria Applicable Indenture Trustee Responsibility General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements.

  • The Plan Committee may designate any person (other than the Plan Administrator or Trustee) to carry out any of the Plan Committee's Fiduciary responsibilities under the Plan (other than a Trustee Responsibility) and may appoint one or more persons to render advice with regard to any responsibility the Plan Committee has under the Plan.

  • Reg AB Reference Servicing Criteria Applicable Indenture Trustee Responsibility 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements.

Related to Trustee Responsibility

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

  • Guarantee Requirement means, at any time, the requirement that:

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

  • Collateral and Guarantee Requirement means, at any time, the requirement that:

  • 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 Xxxxxx Square North, 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.

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

  • 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.

  • 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.

  • NIM Trustee The trustee for the NIM Securities.

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

  • Indemnitee-Related Entities means any corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise (other than the Company or any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise Indemnitee has agreed, on behalf of the Company or at the Company’s request, to serve as a director, officer, employee or agent and which service is covered by the indemnity described in this Agreement) from whom an Indemnitee may be entitled to indemnification or advancement of expenses with respect to which, in whole or in part, the Company may also have an indemnification or advancement obligation (other than as a result of obligations under an insurance policy).

  • Chief administrator means the Chief Administrator of the New

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

  • Insurance Trustee means an entity authorized to carry on the business of a trust company under the laws of Alberta selected from time to time on resolution of the Board, whose duties include the receiving, holding and disbursing of proceeds of policies of insurance pursuant to these Bylaws and the Act. If no Insurance Trustee is appointed, then the Insurance Trustee shall be the Board;

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Serviced Corporate Trust Contract means any Corporate Trust Contract in respect of a Serviced Appointment.

  • Lead Servicer means the master servicer designated under the Note A-1 PSA.

  • System Administrator means a person named by the Customer to be the Customer’s point of contact with BT for matters relating to the management of the Service.

  • Corporate Trustee means a Trustee which is a banking institution or trust company regularly engaged in the business of trust administration in which no Beneficiary has any controlling interest.