Delaware Trustee definition

Delaware Trustee means, with respect to the Trust, the Person identified as the "Delaware Trustee" in the Trust Agreement, solely in its capacity as Delaware 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 Delaware Trustee appointed as therein provided.

Delaware Trustee has the meaning set forth in Section 5.2.

Delaware Trustee means, with respect to the Trust, the Person identified as the “Delaware Trustee” in the Trust Agreement, solely in its capacity as Delaware 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 Delaware Trustee appointed as therein provided.

Examples of Delaware Trustee in a sentence

• The Owner Trustee and the Delaware Trustee and other indemnitees hereunder are third-party beneficiaries to this Agreement and are entitled to the rights and benefits hereunder and may enforce the provisions hereof as if they were parties hereto.

• Neither the Owner Trustee nor the Delaware Trustee shall be answerable or accountable hereunder or under any other Basic Document under any circumstances, except (i) for its own willful misconduct, bad faith or gross negligence or (ii) in the case of the inaccuracy of any representation or warranty contained in Section 7.03 expressly made by the Owner Trustee or the Delaware Trustee, as applicable.

• This Agreement will inure to the benefit of and be binding upon the parties hereto, the Issuer, the Owner Trustee, the Delaware Trustee and the Indenture Trustee for the benefit of the Noteholders, each of which shall be considered to be third-party beneficiaries hereof.

• Neither the Owner Trustee nor the Delaware Trustee will be responsible for delays attributable to the Administrator’s failure to deliver any information related to any communication with a Rating Agency (with respect to this section, the “Information”), defects in the Information supplied to the Rating Agency or Administrator or other circumstances beyond the control of the Owner Trustee or the Delaware Trustee, as applicable.

• The Purchaser, the RPA Seller, the Issuer, the Owner Trustee, the Delaware Trustee or the Indenture Trustee, as the case may be, shall inform the other parties promptly, in writing, upon discovery of any breach of the RPA Seller’s representations and warranties pursuant to this Section which materially and adversely affects the interests of the Noteholders in any Receivable.

More Definitions of Delaware Trustee

Delaware Trustee means BNY Mellon Trust of Delaware, as Delaware Trustee under the Trust Agreement.

Delaware Trustee means The Bank of New York (Delaware), a Delaware banking corporation, not in its individual capacity but solely as Delaware Trustee under the Trust Agreement, and any successor Delaware Trustee under the Trust Agreement.

Delaware Trustee means the corporation identified as the "Delaware Trustee" in the preamble to this Declaration of Trust solely in its capacity as Delaware Trustee of the Trust continued hereunder and not in its individual capacity, or its successor in interest in such capacity, or any successor trustee appointed as herein provided.

Delaware Trustee means Wilmington Trust Company, a Delaware corporation with trust powers, not in its individual capacity but solely in its capacity as Delaware Trustee of the Titling Trust and NILT Trust.

Delaware Trustee means the Trustee meeting the eligibility requirements set forth in Section 6.2.

Delaware Trustee has the meaning set forth in Section 5.1.

Delaware Trustee means Citicorp Trust Delaware, National Association, a national banking association, not in its individual capacity but solely as Delaware trustee of the Issuer under the Trust Agreement and any successor thereunder.