Acting Trustee definition

Acting Trustee means the natural person acting as Trustee before the Organizational Trust Agreement was amended on May 7, 2010.
View Source
Acting Trustee means a trustee appointed by the Regulator under Section 134 of the SIS Act;
View Source

Examples of Acting Trustee in a sentence

  • ECA, the Acting Trustee, Corporation Trust and the Bank hereby amend and restate the Organizational Trust Agreement of ECA Marcellus Trust I in its entirety.

  • The provisions of this Section 4.1.2 shall apply at such time as there is only one Individual Trustee (as defined in Section 9.2 below) acting as Trustee, and there is no other Individual Trustee designated and able to act as a successor to the then acting Individual Trustee (with such sole acting Individual Trustee being the "Last Acting Trustee"), whether or not there is a Corporate Trustee (as defined in Section 9.1 below) designated as a Trustee.

  • My Commission Expires: CITY OF RICHMOND COMMONWEALTH OF VIRGINIA, to-wit: The foregoing instrument was acknowledged before me this day of , 2018, by , as Sole Acting Trustee.

  • If all successor Trustees designated by the Last Acting Trustee cease to act or for any other reason, including incapacity, are unable to act as Trustees, then the remaining provisions of this Article IV shall be followed with respect to the designation of one or more Trustees.

  • The Last Acting Trustee shall have the right, exercisable at any time and from time to time while the Last Acting Trustee is acting, to designate his or her own successor Trustee or Trustees, to act in such order as the Last Acting Trustee shall designate.

  • The designation of one or more successor Trustees shall be made in a duly acknowledged instrument executed by the Last Acting Trustee, the original of which shall be attached to the original of this Trust Agreement and a copy of which shall be delivered to the successor Trustee(s) so designated to act.

  • ECA, the Trustee, the Acting Trustee and Corporation Trust have caused this Agreement to be duly executed the day and year first above written.

  • The Acting Trustee is authorized to appoint an agent and auctioneer to make such sale in his absence, which sale shall be valid as if made by said Trustee, and a cash deposit may be required as a condition for the acceptance of bids and any of the parties hereto may become purchasers.