Written Trust definition

Written Trust means a trust which is created by a duly executed instrument in writing. Such instrument can be testamentary (ie. Created under a will) or non-testamentary.
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Written Trust. (or documentary trust) Account”, an entity account, is established pursuant to a Written Trust Agreement or court order. We may require a notarized Trustee’s Certificate of Trust, Certification of Trust Affidavit, or other evidence satisfactory to us, of the Written Trust agreement’s existence, content, and trustee powers, prior to opening the account. We are not required to know, understand, interpret or enforce the terms of any trust documentation provided. By accepting the Written Trust Certification or other documentation, Logix in no way assumes any responsibility to comply with the terms of the trust agreement or court order. We shall not accept responsibility to act as a trustee or successor trustee under any circumstances, regardless of any trust agreement which provides otherwise. The designation "trustee" reflected on your statement under the “additional names on account,” identifies your account as a Written Trust Account. Upon the death or evidence satisfactory to us of incapacity of all Account Holders named as trustee, we shall rely upon the instructions of the successor trustee(s) after successor trustees execute a New Account Application and Certification of Trust Affidavit identifying the new trustees of the account. If more than one person is named as trustee on the account, we shall act on the signature of any one of them, regardless of whether any other person named on the account as trustee is incapacitated or deceased. Logix shall have no duty to monitor the Account to determine the status of the trustee or beneficiaries or whether the trustee is in compliance with the trust agreement or court order. Written Trust Accounts may not have the same regulatory protections afforded to consumer accounts.
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Examples of Written Trust in a sentence

  • Written Trust guidance on information sharing will be available to staff and will comply with statutory legislation/guidance, multi-agency information sharing agreements and trust information governance policies.

  • If only LEO or MEO is of interest, a much smaller array design would result; possibly a subset of the larger system.

Related to Written Trust

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

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

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

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

  • Owner Trust means the trust created by this Agreement.

  • 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.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Titling Trust means GE TF Trust, a Delaware statutory trust.

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;

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

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

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

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • NIM Trustee The trustee for the NIM Securities.

  • Vehicle Trust Agreement means that certain amended and restated trust agreement, dated as of September 27, 1996, as further amended as of May 25, 2000 and December 1, 2006 between BMW Manufacturing L.P., as grantor and initial beneficiary, and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), as trustee.

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

  • the Macfarlane Trust means the charitable trust, established partly out of funds provided by the Secretary of State to the Haemophilia Society, for the relief of poverty or distress among those suffering from haemophilia;

  • 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.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in January of each year, commencing in January 2024.

  • 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 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.

  • 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.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust 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.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.