Upon the Trustee definition

Upon the Trustee s receipt of the entire net proceeds of the sale of the Class A Certificates, the Seller shall instruct the Trustee to deposit an amount equal to the Original Aggregate Pre-Funded Amount in the Pre-Funding Account contributed out of such proceeds or otherwise. The Trustee shall then remit the entire balance of such net proceeds in accordance with instructions delivered by the Seller. END OF ARTICLE IV
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Upon the Trustee s receipt of the entire net proceeds of the sale of the Class A Certificates, the Trustee on behalf of the Depositor shall remit the entire balance of such net proceeds in accordance with instructions delivered by the Depositor. END OF ARTICLE IV
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Upon the Trustee s receipt of the entire net proceeds of the sale of the Class A Certificates, the Trustee on behalf of the Depositor shall deposit an amount equal to the Original Aggregate Pre-Funded Amount in the Pre-Funding Account and the Original Capitalized Interest Deposit in the Capitalized Interest Account contributed out of the proceeds of the sale of the Class A Certificates and $________ to the Certificate Account, $__________ of which will be allocable to the Fixed Rate Group and $_________ of which will be allocable to the Adjustable Rate Group. The Trustee shall then remit the entire balance of such net proceeds in accordance with instructions delivered by the Depositor. END OF ARTICLE IV
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Examples of Upon the Trustee in a sentence

  • Upon the Trustee obtaining actual knowledge of a Failure to Pay or Deliver (as defined in the Swap Contract), the Swap Contract Administrator, at the direction of the Trustee, shall demand payment under the Swap Guarantee.

  • Upon the Trustee entering into the Swap Agreements on behalf of the Trust, the Trust shall be bound by the terms and conditions of the Swap Agreements.

  • Upon the Trustee (as Grantor Trust Trustee) entering into a Swap Agreement on behalf of any Floating Rate Grantor Trust, such grantor trust shall be bound by the terms and conditions of such Swap Agreement.

  • Upon the Trustee ceasing to be a trustee of the Trust, this Agreement will be deemed to be automatically amended to delete any reference to the name of such trustee so ceasing to be a trustee of the Trust and to substitute therefor the name of the successor trustee of the Trust.

  • Upon the Trustee giving such instructions to the Corporation, and until such instructions are revoked, all liabilities of the Trustee with respect to such dividends shall cease.

  • Upon the Trustee receiving confirmation in writing as to the irrevocable and unconditional payment or discharge of the Secured Obligations, the Trustee will, at the request and cost of the Issuer and without recourse, representation or warranty, release, discharge or reassign the Charged Property to the Issuer or to any other person entitled to the Charged Property of whom the Trustee has notice.

  • Upon the Trustee receiving an executed Conversion Notice as set out in Schedule B with the box therein being ticked, the Trustee will issue Common Shares without the U.S. Legend under unrestricted share ISIN #CA34348Q1028.

  • Upon the Trustee becoming aware of any pending or threatened Claim, written notice shall be given by or on behalf of the Trustee to the Company as soon as is reasonably practicable.

  • Upon the Trustee obtaining knowledge of any of the foregoing, the Trustee shall promptly provide written notice of such occurrence to each Purchaser.

  • Upon the Trustee receiving an executed Conversion Notice as set out in Schedule “C” with the box therein being ticked, the Trustee will issue Common Shares without the U.S. Legend.


More Definitions of Upon the Trustee

Upon the Trustee s receipt of the entire net proceeds of the sale of the Class A Certificates, the Trustee on behalf of the Depositor shall deposit an amount equal to the Original Aggregate Pre-Funded Amount in the Pre-Funding Account and the Original Capitalized Interest Deposit in the Capitalized Interest Account contributed out of the proceeds of the sale of the Class A Certificates and $172,289.47 to the Certificate Account, $34,360.38 of which will be allocable to the Fixed Rate Group and $137,929.09 of which will be allocable to the Adjustable Rate Group. The Trustee shall then remit the entire balance of such net proceeds in accordance with instructions delivered by the Depositor. END OF ARTICLE IV
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Related to Upon the Trustee

  • NIM Trustee The trustee for the NIM Securities.

  • indenture trustee or “institutional trustee” means the Trustee.

  • Securities Administrator ▇▇▇▇▇ Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in June of each year, commencing in June 2022.