Regulating Trustee definition

Regulating Trustee means Lloyd’s or other the trustee for the time being of this Deed designated under clause 6(a) as the Regulating Trustee
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Regulating Trustee means the Regulating Trustee for the time being of the Member’s Premiums Trust Deed
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Regulating Trustee means the Society or such other person as the Council may, under any Premiums Trust Deed, appoint to act as Regulating Trustee (as defined in that deed) acting in its capacity as Regulating Trustee; ‘‘reinsurance to close’’ has the meaning given to it in the Definitions Byelaw (No. 7 of 2005);
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Examples of Regulating Trustee in a sentence

  • The Regulating Trustee may not exercise its powers under clause 15(a) or clause 15(b) of any relevant premiums trust deed to pay or transfer assets belonging to the Personal Reserve Sub-Fund out of the relevant premiums trust fund where the Member is in default in respect of any of his Lloyd’s obligations.

  • At a later stage surplus funds may be transferred to yet a further account, this time held by the Regulating Trustee (Lloyds itself) and may be used to pay losses on other syndicates in which the corporate member participated, or may be distributed as profit to the member.


More Definitions of Regulating Trustee

Regulating Trustee means Lloyd’s or such other person as the Council may under any premiums trust deed appoint to act as Regulating Trustee (as defined in that deed) acting in its capacity as Regulating Trustee;
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Related to Regulating Trustee

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • NIM Trustee The trustee for the NIM Securities.

  • Administrative Trustees shall have the meaning set forth in the Trust Agreement.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Issuer Trustees means, collectively, the Property Trustee and the Delaware Trustee.

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • Outside Trustee With respect to an Outside Serviced Mortgage Loan, the trustee under the applicable Outside Servicing Agreement.

  • Litigation Trustee means a Person to be determined by SFC and the Initial Consenting Noteholders prior to the Effective Time, with the consent of the Monitor, to serve as trustee of the Litigation Trust pursuant to and in accordance with the terms thereof.

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

  • Plan Trustee means the Person appointed pursuant to Article V of the Plan and the Plan Trust Agreement for the purpose of acting as Trustee of the Plan Trust in accordance with the terms and conditions contained in the Plan, the Plan Trust Agreement and the Confirmation Order.

  • 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.

  • Trustee means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.

  • institutional trustee means the Trustee.

  • Delaware Trustee means the Person identified as the “Delaware Trustee” in the preamble to this Trust Agreement, solely in its capacity as Delaware Trustee of the Trust and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as herein provided.

  • Managing Owner as used only in this Section 4.7 shall include, in addition to the Managing Owner, any other Covered Person performing services on behalf of the Trust and acting within the scope of the Managing Owner’s authority as set forth in this Trust Agreement.

  • Initial Trustee shall have the meaning defined in the preamble hereto.

  • Co-Trustee has the meaning set forth in the Basic Servicing Agreement.

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Property Trustee appointed as therein provided.

  • or "Trustees means each Person who has signed this Declaration as a trustee, so long as such Person shall continue in office in accordance with the terms hereof, and all other Persons who may from time to time be duly appointed, qualified and serving as Trustees in accordance with the provisions hereof, and references herein to a Trustee or the Trustees shall refer to such Person or Persons solely in their capacity as trustees hereunder.

  • Charitable Trustee means each Person, unaffiliated with the Trust and a Prohibited Owner, that is appointed by the Trust from time to time to serve as a trustee of a Charitable Trust as provided by Section 8.3(a).

  • Trustees refers to the persons who have signed this Agreement and Declaration of Trust, so long as they continue in office in accordance with the terms hereof, and all other persons who may from time to time be duly elected or appointed to serve on the Board of Trustees in accordance with the provisions hereof, and reference herein to a Trustee or the Trustees shall refer to such person or persons in their capacity as trustees hereunder;

  • the Trusts means the Macfarlane Trust, the Macfarlane (Special Payments) Trust and the Macfarlane (Special Payments) (No. 2) Trust;

  • Public Trustee means the public trustee within the meaning of the Public Trustee Act 1978.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).

  • 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;

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.