New Trustee definition

New Trustee means, collectively, The Bank of New York Mellon as U.S. trustee and BNY Trust Company of Canada as Canadian trustee under the New Indenture;
New Trustee means the person identified as the ‘New Trustee’ in Schedule 2 (Parties and Notice Details).
New Trustee means a licensed trustee subsequently appointed to the ASF, including an acting trustee, after the removal of the previous trustee.

Examples of New Trustee in a sentence

  • Upon the appointment of a New Trustee, we shall if requested by the New Trustee, furnish him/her with copies of the Statement of Account which we had previously sent to the Existing Trustee upon payment by the New Trustee of the prescribed fee.

  • New Trustee Item 6.03- Change in Credit Enhancement or External Support Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement provided.

  • The Retirement Administrator shall be responsible for developing a New Trustee Orientation Program, designed to familiarize each new Trustee with all aspects of FCERA’s operations and policies.

  • The Trustees may, by vote of at least two-thirds of the number of Trustees in office, in their absolute discretion waive the operation of the previous sentence (upon the initial election of a New Trustee in question or at any time during the initial term of a New Trustee), with the effect that a New Trustee may be appointed by the Trustees to serve for a term determined as if that person had already served an initial term of three years.

  • The New Trustee receive a trustee fee at the rate of 0.075% per annum of the Net Asset Value of the Sub-Fund accrued daily and calculated as at each Dealing Day and payable monthly in arrears, which includes fund administration fee and global custody fee.


More Definitions of New Trustee

New Trustee shall have the meaning set forth in the Recitals hereof.
New Trustee means a trustee appointed in substitution for a trustee or trustees or a trustee appointed in addition to a trustee or trustees;
New Trustee means __________________ National Association, in its capacities as Trustee and Collateral Agent for the holders of the New Notes pursuant to the New Trust Documents until a successor replaces it, and thereafter any such successor.
New Trustee shall have the meaning assigned to that term in the recitals to this Agreement.
New Trustee has the meaning set forth in section 1.6(h); “Notice” has the meaning set forth in section 10.8;
New Trustee means The Bank of New York Mellon or such person or persons for the time being trustee or trustees under the New Trust Deed constituting the Naftogas Notes;