Delaware Trustee definition

Delaware Trustee means, with respect to the Trust, the Person identified as the "Delaware Trustee" in the Trust Agreement, solely in its capacity as Delaware Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as therein provided.
Delaware Trustee has the meaning set forth in Section 5.2.
Delaware Trustee means, with respect to the Trust, the Person identified as the “Delaware Trustee” in the Trust Agreement, solely in its capacity as Delaware Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as therein provided.

Examples of Delaware Trustee in a sentence

  • The Delaware Trustee shall at all times be a Person satisfying the provisions of Section 3807(a) of the Statutory Trust Statute.

  • It is understood and agreed by the parties hereto that the Delaware Trustee shall have none of the duties or liabilities of the Owner Trustee.

  • All covenants and agreements contained herein shall be binding upon, and inure to the benefit of, the Depositor, the Owner Trustee and its successors, the Delaware Trustee and its successors and each Certificateholder and its successors and permitted assigns, all as herein provided.

  • Notwithstanding any other provision of this Agreement or any other document, the duties of the Delaware Trustee shall be limited to (i) accepting legal process served on the Issuer in the State of Delaware and (ii) the execution of any certificates required to be filed with the Secretary of State of the State of Delaware which the Delaware Trustee is required to execute under Section 3811 of the Statutory Trust Act.

  • Any amounts paid to the Owner Trustee or the Delaware Trustee pursuant to this Article VIII and the Sale and Servicing Agreement or the Indenture shall be deemed not to be a part of the Trust Estate immediately after such payment.


More Definitions of Delaware Trustee

Delaware Trustee means BNY Mellon Trust of Delaware, as Delaware Trustee under the Trust Agreement.
Delaware Trustee means the corporation identified as the "Delaware Trustee" in the preamble to this Declaration of Trust solely in its capacity as Delaware Trustee of the Trust continued hereunder and not in its individual capacity, or its successor in interest in such capacity, or any successor trustee appointed as herein provided.
Delaware Trustee means The Bank of New York (Delaware), a Delaware banking corporation, not in its individual capacity but solely as Delaware Trustee under the Trust Agreement, and any successor Delaware Trustee under the Trust Agreement.
Delaware Trustee means Citicorp Trust Delaware, National Association, a national banking association, not in its individual capacity but solely as Delaware trustee of the Issuer under the Trust Agreement and any successor thereunder.
Delaware Trustee means Wilmington Trust Company, a Delaware corporation with trust powers, not in its individual capacity but solely in its capacity as Delaware Trustee of the Titling Trust and NILT Trust.
Delaware Trustee means the Trustee meeting the eligibility requirements set forth in Section 6.2.
Delaware Trustee has the meaning set forth in Section 5.1.