Examples of Trustee’s Acceptance in a sentence
The Parties’ obligation to use reasonable best efforts to obtain Final Court Approval shall continue in effect regardless of any intervening court decisions or regulatory actions issued after the Trustee’s Acceptance, or if any Party discovers facts that are additional to, inconsistent with, or different from those which they knew at the time they entered into this Settlement Agreement, until such time as Final Court Approval becomes legally impossible.
Section 6.1. Trustee’s Acceptance and Responsibilities 29 Section 6.2. Certain Rights and Obligations of the Trustee 30 Section 6.3. Fees, Charges and Expenses of Trustee 33 Section 6.4. Intervention by Trustee 34 Section 6.5. Successor Trustee 34 Section 6.6. Resignation by Trustee 34 Section 6.7. Removal of Trustee 34 Section 6.8. Appointment of Successor Trustee 35 Section 6.9. Dealing in Bonds 36 Section 6.10.
The Agreement will become binding upon the Trustee with respect to the Trust upon the Trustee’s Acceptance.
If the Trustee’s Acceptance is not delivered on or prior to the Acceptance Deadline, unless the Parties otherwise agree, this Agreement shall be deemed to be terminated on the business day following the Acceptance Deadline (the “Termination Date”), and all obligations under this Agreement will terminate on the Termination Date, except for the obligations in Sections 6, 8, 20, 21 and 22 (and any relevant definitions in Section 1).
Section 6.1. Trustee’s Acceptance and Responsibilities 29 Section 6.2. Certain Rights and Obligations of the Trustee 30 Section 6.3. Fees, Charges and Expenses of Trustee 33 Section 6.4. Intervention by Trustee 34 Section 6.5. Successor Trustee 34 Section 6.7. Removal of Trustee 34 Section 6.8. Appointment of Successor Trustee 35 Section 6.9. Dealing in Obligations 36 Section 6.10.
An appointment to the Board under Section 4.1 or subsection 5.2(b) must be made for a term not exceeding 3 years, which term shall end on August 31, and so that no more than 4 appointments expire in any calendar year, and the term of a Trustee’s appointment shall be stated in the Trustee’s Acceptance of Trust.
Upon receipt by the Initial Trustees and the Settlor of the Underwriters’ Appointment and a Trustee’s Acceptance signed by an Independent Trustee so appointed, such Independent Trustee was a Trustee of the Trust pursuant to this Contract of Trust, as contemplated by section 3.8, and was deemed to be a party to this Contract of Trust as fully and effectually as if such Independent Trustee had executed this Contract of Trust.
Receipt by the Initial Trustees of the Underwriters’ Appointment and each Trustee’s Acceptance was conclusively deemed to have occurred upon a written acknowledgement of receipt being signed by any one of the Initial Trustees.