Affiliated Trustee definition

Affiliated Trustee means a Trustee who is not an Independent Trustee.
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Examples of Affiliated Trustee in a sentence

  • Affiliated Trustee" shall mean a Trustee who is not an Independent Trustee.

  • Vacancies (including vacancies created by increases in number) may be filled by the remaining Trustee or by a majority of the remaining Trustees (or the Controlling Shareholder, if the vacant position was formerly held by an Affiliated Trustee) or by the vote and consent of holders of a majority of the outstanding Shares entitled to vote thereon.

  • Upon the resignation, removal or death of a Trustee who is an Affiliated Trustee, the remaining Affiliated Trustees shall appoint a person to replace such Affiliated Trustee.

  • Affiliated Trustee" shall mean a Trustee who is not an Unaffiliated Trustee.

  • Where any violation of the Service Provider's Code of Ethics is found in respect of any such Affiliated Trustee of the Trust, it shall be reported to Trustees of the Trust, together with any sanctions imposed for such violation.

  • Promptly after the Trust Fund is terminated pursuant to Article IX hereof, CMSI shall notify the Trustee in writing of the amount of Third Party Trustee Advances and Affiliated Trustee Advances that were not recovered from future Remittances, Net Recoveries or other proceeds or collections on or in respect of the Third Party Mortgage Loans or Affiliated Mortgage Loans, respectively.

  • Amounts deferred are retained by the Fund and earn a rate of return determined by reference to the return on the common shares of such Fund or other funds in the Fund Complex as selected by the respective Non-Affiliated Trustee, with the same economic effect as if such Non- Affiliated Trustee had invested in one or more funds in the Fund Complex.

  • The Trustee (in such individual capacity) shall reimburse CMSI for the amount of Third Party Trustee Advances or Affiliated Trustee Advances not so recovered and repaid to CMSI on the next Business Day after its receipt of notice thereof.

Related to Affiliated Trustee

  • Interested Trustee means any trustee of a Plan who is also (a) an officer, director, trustee, partner or employee of, or who owns, controls, or holds power to vote 5% or more of the outstanding voting securities of, (i) any Insured (other than such Plan), or (ii) any Affiliated Entity, or (iii) any Fund to which such Insured or any Affiliated Entity provides any services, or (b) an Insured or an Affiliated Entity.

  • Related Trustee Means the trustee under the Related Pass Through Trust Agreement.

  • Appointed Trustee means each person acting in a Corporate Trust Capacity under each applicable Corporate Trust Contract.

  • Directed trustee means a trustee that is subject to a trust director's power of direction.

  • Disinterested Trustee means a Trustee of a Fund who is not an “interested person” of the Fund within the meaning of Section 2(a)(19) of the 1940 Act.

  • Related Trust Means the Continental Pass Through Trust 2001-1A-2-S, to be formed under the Related Pass Through Trust Agreement.

  • Unaffiliated Certificateholder Any Certificateholder other than the Depositor or an Affiliate of the Depositor.

  • Independent Fund Trustee means a trustee of the Trust who is not an “interested person” as that term is defined in Section 2(a)(19) of the 1940 Act.

  • Affiliated Fund means, with respect to any specified Person, a private equity investment fund that is an Affiliate of such Person or that is advised by the same investment adviser as such Person or by an Affiliate of such investment adviser.

  • Trust Advisor means the trust advisor, operating advisor or other analogous term appointed as provided in the Lead Securitization Servicing Agreement.

  • Affiliated Party means, with respect to any Purchaser, any person or entity which, directly or indirectly, controls, is controlled by or is under common control with such Purchaser, including, without limitation, any general partner, officer or director of such Purchaser and any venture capital fund now or hereafter existing which is controlled by one or more general partners of, or shares the same management company as, such Purchaser.

  • Permitted Trust means a bona fide trust where each trustee is (i) a Qualified Stockholder, (ii) a Family Member, or (iii) a professional in the business of providing trustee services, including private professional fiduciaries, trust companies and bank trust departments.

  • Affiliated Entity means any entity controlling, controlled by, or under common control with an Insured.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Lead Trustee means (a) during the period from and after the Note A-2 Securitization Date and prior to the Note A-1 Securitization Date, the Note A-2 Trustee and, (b) from and after the Note A-1 Securitization Date, the trustee designated under the Note A-1 Securitization.

  • Affiliated Manager means any Manager in which Borrower, Principal, or Guarantor has, directly or indirectly, any legal, beneficial or economic interest.

  • Affiliate Member means an individual who is an umpire, referee, coach or other official who is associated with the Association but who is not an Individual Member.

  • Servicer Employee As defined in Section 3.18.

  • Other Trustee The applicable other “trustee” or, if applicable, the other “certificate administrator” or, if applicable, the other “custodian” under an Other Pooling and Servicing Agreement relating to a Serviced Companion Loan.

  • affiliated person promoter" and "principal underwriter" as used in the preceding sentence shall have the meanings assigned to each such term in the Investment Company Act of 1940, as amended.

  • 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.

  • Affiliated Group means any affiliated group within the meaning of Code Section 1504(a) or any similar group defined under a similar provision of state, local or foreign law.

  • Servicer Affiliate A Person (i) controlling, controlled by or under common control with the Servicer or which is 50% or more owned by the Servicer and (ii) which is qualified to service residential mortgage loans.

  • Depositor Affiliate has the meaning specified in Section 4.9.

  • Investor Affiliate means (i) the Investor or any of his immediate family members, and any such persons’ respective Affiliates and direct and indirect Subsidiaries, (ii) any sponsor, limited partnerships or entities managed or controlled by the Investor or any of his immediate family, or any of such persons’ respective Affiliates and direct or indirect Subsidiaries, (iii) any trust of the Investor or any of his immediate family, or any of such persons’ respective Affiliates and direct or indirect Subsidiaries or any trust in respect of which any such persons is a trustee, (iv) any partnership of which the Investor or any of his immediate family, or any of such persons’ respective Affiliates or direct or indirect Subsidiaries is a partner that is managed or controlled by the Investor, any of his immediate family or any of such persons’ respective Affiliates or direct or indirect Subsidiaries, and (v) any trust, fund or other entity which is managed by, or is under the control of, the Investor or any of his immediate family, or any of such persons’ respective Affiliates or direct or indirect Subsidiaries, but excluding the Issuer or any of its Subsidiaries.