Trust Officer Sample Clauses
The Trust Officer clause designates an individual or entity responsible for administering and managing the assets held in trust according to the terms of the trust agreement. This clause typically outlines the powers, duties, and limitations of the Trust Officer, such as making investment decisions, distributing assets to beneficiaries, and maintaining records. By clearly defining the role and authority of the Trust Officer, this clause ensures effective and consistent management of the trust, reducing ambiguity and safeguarding the interests of the beneficiaries.
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Trust Officer. 7 Trustee............................................................7 U.S. Government Obligations........................................7
Trust Officer. 18 U.S. Government Obligations .........18 "Unrestricted Subsidiary ............19
Trust Officer. 15 U.S. Government Obligations............................15
Trust Officer. An employee of the Trustee will be designated as the relationship manager (the “Trust Officer”) for the Trust.
Trust Officer. The Board of Directors may appoint a trust officer of the Association whose duties shall be to manage, supervise and direct all fiduciary activities. Such persons shall do or cause to be done all things necessary or proper in carrying on the fiduciary business of the Association according to provisions of law and applicable regulations; and shall act pursuant to opinion of counsel where such opinion is deemed necessary. Opinions of counsel shall be retained on file in connection with all important matters pertaining to fiduciary activities. The trust officer shall be responsible for all assets and documents held by the Association in connection with fiduciary matters. The Board of Directors may appoint other trust officers as it may deem necessary, with such duties as may be assigned.
Trust Officer. (i) in the case of the Indenture Trustee, any officer within the Corporate Trust Department of the Indenture Trustee with direct responsibility for the administration of the Indenture and also, with respect to a particular matter, any other officer of the Indenture Trustee to whom such matter is referred because of such officer’s knowledge of and familiarity with such matter or other similar matters and (ii) in the case of the Owner Trustee, any officer within the Corporate Trust Office of the Owner Trustee with direct responsibility for the administration of the Trust Agreement and this Agreement and also, with respect to a particular matter, any other officer of the Owner Trustee to whom such matter is referred because of such officer’s knowledge of and familiarity with such matter or other similar matters.
Trust Officer. 26 Trustee...................................................................... 26
Trust Officer. 8 U.S. Government Obligations............................. 8 Section 1.03 Incorporation by Reference of TIA....................... 9 ARTICLE 2
Trust Officer. 24 U.S. Global Note...................................................... 24 U.S. Government Obligations........................................... 24 U.S. Legal Tender..................................................... 24 U.S. Physical Note.................................................... 24
Trust Officer. Executed, sealed and delivered by THE BOATMEN'S NATIONAL BANK OF ST. LOUIS in the presence of: