Executive Trustee definition

Executive Trustee means a person appointed under these presents hereof for discharging the functions and exercising the powers and authorities on behalf of the Trustee Company.
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Executive Trustee means a trustee who is to be elected by the mayors and presidents of municipalities and fire protection districts that have a Participating Pension Fund.
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Executive Trustee means a person appointed under these presents hereof for discharging the functions
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Examples of Executive Trustee in a sentence

  • Company has agreed on the relationship of the executive as a Executive Trustee of NSC, A Pure Trust.

  • Except as otherwise provided by law, the Employer and the Board shall not in any way be liable or responsible to the Executive, Trustee or any other person, firm or corporation whatsoever for any acts of omission or commission in connection with their duties herein, unless such act of omission or commission is due to his or its own individual, willful and intentional nonfeasance, malfeasance or misfeasance.

  • Subject to such written investment guidelines or instructions as may be provided to Trustee from time to time by the Executive, Trustee shall invest and reinvest Trust assets in property of any kind in accordance with this Section 5.

  • The Executive Trustee may sit on the trust fund in successive years upon re- nomination by the Executive Committee.

  • Except as otherwise provided by law, the ------------------------ Employer and the Board shall not in any way be liable or responsible to any Executive, Trustee or any other person, firm or corporation whatsoever for any acts of omission or commission in connection with their duties herein, unless such act of omission or commission is due to his or its own individual, willful and intentional nonfeasance, malfeasance or misfeasance.


More Definitions of Executive Trustee

Executive Trustee means a trustee who is to be elected by the mayors and presidents of
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Related to Executive Trustee

  • Administrative Trustee means each of the individuals identified as an "Administrative Trustee" in the preamble to this Trust Agreement solely in their capacities as Administrative Trustees of the Trust formed and continued hereunder and not in their individual capacities, or such trustee's successor(s) in interest in such capacity, or any successor "Administrative Trustee" appointed as herein provided.

  • Administrative Trustees shall have the meaning set forth in the Trust Agreement.

  • Outside Trustee With respect to an Outside Serviced Mortgage Loan, the trustee under the applicable Outside Servicing Agreement.

  • Definitive Trust Certificates shall have the meaning set forth in Section 3.10.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.