DE Trustee definition

DE Trustee means CSC Delaware Trust Company, its successors and assigns, or any substitute therefor as provided herein, acting not in its individual capacity but solely as Delaware trustee of the Trust.
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Examples of DE Trustee in a sentence

  • The DE Trustee shall receive service of process on behalf of the Trust in the State of Delaware at the foregoing address.

  • The DE Trustee shall not be liable for anything done, suffered or omitted in good faith by it in accordance with the opinion or advice of any such counsel, accountant or other such Persons.

  • Upon the resignation or removal of the DE Trustee, the Cayman Trustee shall appoint a successor DE Trustee by delivering a written instrument to the outgoing DE Trustee.

  • The DE Trustee has filed the certificate of trust required by Section 3810 of the Delaware Trust Statute in connection with the formation of the Trust under the Delaware Trust Statute.

  • To the fullest extent permitted by law, no Person other than the Cayman Trustee and the DE Trustee shall have any duties (including fiduciary duties) or liabilities at law or in equity to the Trust, the Shareholders or any other Person.

  • The DE Trustee may accept a certified copy of a resolution of the board of directors or other governing body of any corporate party as conclusive evidence that such resolution has been duly adopted by such body and that such resolution is in full force and effect.

  • Legal title to all of the Trust Estate shall be vested in the Trust as a separate legal entity; provided, however, that if applicable law in any jurisdiction requires legal title to any portion of the Trust Estate to be vested otherwise, the Cayman Trustee may cause legal title to such portion of the Trust Estate to be held by or in the name of the Cayman Trustee or any other Person (other than a Shareholder or the DE Trustee) as nominee.

  • As to any fact or matter the method of the determination of which is not specifically prescribed in this Trust Agreement, the DE Trustee may for all purposes hereof rely on a certificate, signed by the president, any vice president, the treasurer or any other authorized officers of the relevant party, as to such fact or matter, and such certificate shall constitute full protection to the DE Trustee for any action taken or omitted to be taken by it in good faith in reliance thereon.

  • The Cayman Trustee may, upon thirty (30) days’ prior written notice to the DE Trustee, in addition to or in substitution for the delegation to the Delegated Sponsor, delegate any of its powers, duties, rights, or authorities to any other Person by means of a written agreement on terms consistent with this Section 6.04.

  • Any successor DE Trustee must satisfy the requirements of Section 3807 of the Delaware Trust Statute.