Delaware Trustee definition
Examples of Delaware Trustee in a sentence
Promptly after the execution of any certificate of amendment to the Certificate of Trust, the Delaware Trustee will cause the amendment to be filed with the Secretary of State of the State of Delaware.
The Asset Representations Reviewer must be a Person who (a) is not Affiliated with the Sponsor, the Depositor, the Servicer, the Indenture Trustee, the Owner Trustee, the Delaware Trustee or any of their Affiliates and (b) was not, and is not Affiliated with a Person that was, engaged by the Sponsor or any Underwriter to perform any due diligence on the Leases prior to the Closing Date.
The Delaware Trustee will promptly deliver a file-stamped copy of the certificate of amendment to the Administrator.
A successor Delaware Trustee appointed under this Agreement will promptly file a certificate of amendment to the Certificate of Trust with the Secretary of State of the State of Delaware identifying the name and principal place of business of the successor Delaware Trustee in the State of Delaware.
On dissolution of the Issuer, any remaining Trust Property will be distributed to the holder of the Residual Interest, and on completion of the windup, the Owner Trustee and the Delaware Trustee will cause the Certificate of Trust to be cancelled by preparing, executing and filing a certificate of cancellation as required by the Delaware Statutory Trust Act.