Administrative Trustee definition

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.

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Administrative Trustee means each of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇ ---------------------- ▇▇▇▇▇▇, solely in such Person's capacity as Administrative Trustee of the Trust and not in such Person's individual capacity, or such Administrative Trustee's successor in interest in such capacity, or any successor trustee appointed as herein provided.

Administrative Trustee appointed as herein provided.

Examples of Administrative Trustee in a sentence

• Unless this Certificate shall have been executed by an authorized officer of the Administrative Trustee and the SUBI Trustee, by manual signature, this Certificate shall not entitle the holder hereof to any benefit under the Agreement or be valid for any purpose.

• By: U.S. Bank Trust Company, National Association, not in its individual capacity but solely as Administrative Trustee By: Name: Title: VW CREDIT, INC., as Servicer By: Name: G▇▇▇▇▇ ▇▇▇▇▇ Title: Assistant Treasurer By: Name: J▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Treasurer U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, not in its individual capacity but solely as SUBI Trustee By: Name: Title: Section 7.11 of the Transaction SUBI Servicing Supplement) The undersigned, duly authorized officers of VW Credit, Inc.

• VW CREDIT, INC., as Settlor and Initial Beneficiary By: Name: G▇▇▇▇▇ ▇▇▇▇▇ Title: Assistant Treasurer By: Name: J▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Treasurer U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Administrative Trustee, UTI Trustee and SUBI Trustee By: Name: Title: Wilmington Trust Company, acting in its capacity as Delaware Trustee, hereby acknowledges its agreement to be bound by the provisions set forth in Sections 13.11, 13.12 and 13.13 of this Transaction SUBI Supplement.

• The Settlor, the UTI Trustee, the Administrative Trustee and the Delaware Trustee have entered into that certain Trust Agreement dated as of June 2, 1999 (as modified, supplemented or amended from time to time, the “Origination Trust Agreement”) pursuant to which the Settlor formed VW Credit Leasing, Ltd., a Delaware statutory trust (the “Origination Trust”) for the purpose of acting as agent and nominee owner of various Origination Trust Assets in accordance with the Origination Trust Agreement.

More Definitions of Administrative Trustee

Administrative Trustee means any Trustee other than the Property Trustee and the Delaware Trustee.

Administrative Trustee has the meaning set forth in Section 5.1.

Administrative Trustee means each of the Persons identified as an "Administrative Trustee" in the preamble to this Trust Agreement solely in such Person's capacity as Administrative Trustee of the Trust formed and continued hereunder and not in such Person's individual capacity, or such Administrative Trustee's successor in interest in such capacity, or any successor trustee appointed as herein provided.

Administrative Trustee means U.S. Bank, as Administrative Trustee under the Origination Trust Agreement, and its successors.

Administrative Trustee shall have the meaning set forth in the Preamble to the Titling Trust Agreement.

Administrative Trustee has the meaning specified in the Declaration of Trust.

Administrative Trustee means the Person named as such in the Preamble hereto, solely in such Person’s capacity as an administrative trustee of the Trust created hereunder and not in such Person’s individual capacity, and includes any entity to whom such Person delegates its obligations in accordance with Section 5.8 or any successor appointed as Administrative Trustee under this Agreement; provided, however, that all Administrative Trustees shall be United States persons, within the meaning of Section 7701(a)(30) of the Code, and at least one Administrative Trustee shall be a bank, as defined in Section 581 of the Code, or a United States government-owned agency or United States government-sponsored enterprise.