designated trustee definition

designated trustee means the single financial institution designated by the council to receive all assignments of payments made pursuant to this chapter and to the terms of an agreement entered into by the qualifying business; and
designated trustee means each or any of the Trustees appointed pursuant to the Designated Indentures.
designated trustee means a company registered as a Labuan trust company under Part V of the Labuan Financial Services and Securities Act 2010 to carry on business as a trust company in Labuan;

Examples of designated trustee in a sentence

  • A Designated Trustee must accept this Agreement on behalf of the User and by doing so, the relevant Designated Trustee represents and warrants that it has full legal authority to bind the User, including all the trustees of the User, to this Agreement and that it has provided a copy of this Agreement to each of the User’s other trustees.


More Definitions of designated trustee

designated trustee has the meaning set forth in Section 7.13(a).
designated trustee means a holder of a trust licence under the Banks and Trust Companies Act, 1990; “interested person” in relation to a trust means
designated trustee means a trustee who is authorised by the User to act on its behalf including to accept this Agreement on behalf of the User and to nominate the Scheme Super User. This must be the User’s trustee whose identity has been verified by ReAssure.
designated trustee means a holder of a trust licence under the Banks and Trust Companies Act, 1990;
designated trustee has the same meaning as the expression “designated trustee” has in VISTA;
designated trustee means any Person designated by the Required Vendor Purchasers to act as the trustee under the Indenture.
designated trustee means each or any of the trustees appointed pursuant to the Designated Indentures.