Trustees of Nations Annuity Trust definition

Trustees of Nations Annuity Trust refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust and Certificate of Trust dated November 24, 1997, which is hereby referred to and a copy of which is on file at the office of the Secretary of the State of Delaware and at the principal office of the Trust. The obligations of "Nations Annuity Trust" entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, Shareholders, or representatives of the Trust personally, but bind only the Trust Property (as defined in the Declaration of Trust), and all persons dealing with any class of Shares of the Trust Property, and all persons dealing with any class of Shares of the Trust must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Trust.
Trustees of Nations Annuity Trust refer respectively to the Trust created by the Declaration of Trust and the Trustees as Trustees but not individually or personally. All parties hereto acknowledge and agree that any and all liabilities of the Trust arising, directly or indirectly, under this Agreement will be satisfied solely out of the assets of the Trust and that no Trustee, officer or shareholder shall be personally liable for any such liabilities. All persons dealing with any Portfolio of the Trust must look solely to the property belonging to such Portfolio for the enforcement of any claims against the Trust.
Trustees of Nations Annuity Trust refer respectively to the Trust created by the Declaration of Trust and the Trustees as Trustees but not individually or personally. All parties hereto acknowledge and agree that any and all liabilities of the Trust arising, directly or indirectly, under this Agreement will be satisfied solely out of the assets of the Trust and that no Trustee, officer or shareholder shall be personally liable for any such liabilities. All persons dealing with any Portfolio of the Trust must look solely to the property belonging to such Portfolio for the enforcement of any claims against the Trust. Nothing in this Section 18 shall be deemed to limit the liabilities to which a Trustee, officer or shareholder of the Trust may be subject under applicable law arising from such person's own wrongful conduct.

Examples of Trustees of Nations Annuity Trust in a sentence

  • The names "Nations Annuity Trust" and "Trustees of Nations Annuity Trust" refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust and the Certificate of Trust, dated November 24, 1997, which is hereby referred to and a copy of which is on file at the office of the Secretary of State of Delaware and the principal office of the Trust.

  • The names "Nations Annuity Trust" and "Trustees of Nations Annuity Trust" refer respectively to the Trust created by the Declaration of Trust and the Trustees as Trustees but not individually or personally.

  • The names "Nations Annuity Trust" and "Trustees of Nations Annuity Trust" refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust and Certificate of Trust dated November 24, 1997, which is hereby referred to and a copy of which is on file at the office of the Secretary of the State of Delaware and at the principal office of the Trust.

  • The names "Nations Annuity Trust" and "Trustees of Nations Annuity Trust" refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust and the Certificate of Trust dated November 24, 1997, which is hereby referred to and a copy of which is on file at the office of the Secretary of State of Delaware and the principal office of the Trust.

  • The names "Nations Annuity Trust" and "Trustees of Nations Annuity Trust" refer respectively to the trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust and Certificate of Trust dated November 24, 1997, which is hereby referred to and a copy of which is on file at the office of the Secretary of State of Delaware and at the principal office of the Trust.

Related to Trustees of Nations Annuity Trust

  • Successor Trust means Continental Airlines Pass Through Trust 1997-4B-S.

  • Grantor Trust Provisions Subpart E of part I of subchapter J of the Code and Treasury Regulations Section 301.7701-4(c).

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Owner Trust means the trust created by this Agreement.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

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

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

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Family Trust means, with respect to any natural Person, a trust, limited partnership or limited liability company benefiting solely such individual and/or the Family Members of such individual.

  • Supplemental Interest Trust The corpus of a trust created pursuant to Section 5.07 of this Agreement and designated as the “Supplemental Interest Trust,” consisting of the Swap Agreement, the Swap Account, the Interest Rate Cap Agreement, the Interest Rate Cap Account, the right to receive the Class X Distributable Amount as provided in Section 5.02(f)(vi), the Class LT4-I interest in REMIC 4 and the right to receive Class I Shortfalls.

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

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Family Trusts means, with respect to any individual, trusts or other estate planning vehicles established for the benefit of Family Members of such individual and in respect of which such individual serves as trustee or in a similar capacity.

  • Additional Trust Fund Expense Any expense of the Trust Fund that (i) arises out of a default on a Mortgage Loan or a Serviced Pari Passu Companion Loan or an otherwise unanticipated event, (ii) is not included in the calculation of a Realized Loss, (iii) is not covered by a Servicing Advance or a corresponding collection from the related Borrower, and (iv) is not covered by Default Charges collected on the Mortgage Loans to the extent provided herein.

  • Note A-2 Trust Fund means the trust formed pursuant to the Note A-2 PSA.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.