Initial Trustee definition
Examples of Initial Trustee in a sentence
The Bank of New York Mellon Trust Company, N.A., as Initial Trustee, in acting hereunder, is entitled to all rights, benefits, protections, immunities and indemnities accorded to it under the Initial Indenture.
The Initial Trustee hereby withdraws as a trustee of the Trust and upon execution of this Agreement shall no longer be a trustee of the Trust or be a party to the governing instrument of the Trust.
Notwithstanding anything herein to the contrary, neither the Initial Trustee, the Second Trustee, the Third Trustee, the Fourth Trustee nor the Fifth Trustee shall be required to execute any such agreements, instruments, releases or other documents unless directed to do so by an “Issuer Order” or “Issuer Request,” as such terms are defined in the applicable indenture.
The Administrative Trustee confirms that, prior to the execution of this 24016438779-v15 RLF1 35587420v.4 Agreement, the Initial Trustee was the sole trustee of the Trust.
Neither the Initial Trustee, the Second Trustee, the Third Trustee, the Fourth Trustee nor the Fifth Trustee shall be required to execute any such amendment unless directed to do so by an “Issuer Order” or “Issuer Request” (as defined in the Initial Indenture, the Second Indenture, the Third Indenture, the Fourth Indenture and the Fifth Indenture, respectively).