Class B Trustee definition
Examples of Class B Trustee in a sentence
The Liquidity Provider will notify the Borrower, the Class B Trustee and American of (x) the removal or reinstatement of any tenor of a Benchmark pursuant to Section 3.11(d), and (y) the commencement of any Benchmark Unavailability Period.
In connection with the use or administration of SOFR Rate, the Liquidity Provider will have the right to make Conforming Changes from time to time in consultation with American and with notice of effectiveness to the Borrower, and, notwithstanding anything to the contrary herein, any amendments implementing such Conforming Changes will become effective without any further action or consent of the Borrower, the Class B Trustee, any Holder or any other Person.
The Liquidity Provider will promptly notify the Borrower, the Class B Trustee and American of the effectiveness of any Conforming Changes in connection with the use or administration of SOFR Rate.