Other Trustees definition
Examples of Other Trustees in a sentence
Each of the Other Servicers and the Other Trustees shall be a third-party beneficiary to this Agreement in respect to all provisions herein expressly relating to compensation, reimbursement or indemnification of such Other Servicer and Other Trustee, and any provisions regarding reimbursement or advances or interest thereon to such Other Servicer or Other Trustee.
Each of the Other Servicers, the Other Certificate Administrators and the Other Trustees shall be a third-party beneficiary to this Agreement in respect to all provisions herein expressly relating to compensation, reimbursement or indemnification of such Other Servicer, Other Certificate Administrator and Other Trustee, and any provisions regarding reimbursement or advances or interest thereon to such Other Servicer, Other Certificate Administrator or Other Trustee.
No such purchase of the Class A Certificates and the Class B Certificates shall be effective unless the purchaser shall certify to the Other Trustees of each such Class that contemporaneously with such purchase, such purchaser is purchasing, pursuant to the terms of this Agreement and the Other Pass Through Trust Agreements, the Class A Certificates and the Class B Certificates.
Thereafter, Other Trustees shall be elected for a three-year term, so as to maintain a staggered term arrangement.
The Bazetta Township Safety Chairperson shall be designated as the anti-drug program manager and confidant with the Other Trustee's as alternate's.
Other Trustees shall hold office until the later of the expiration of their terms or until successors have been duly appointed by the Board.
In selecting Other Trustees, the Board shall apply the criteria set forth in subsection (ii) above.
Other Trustees also have specific tasks such as overseeing the Trust’s activities concerning the Wurlitzer organ installed in Stockport Town Hall, managing the overall finance of the Trust and managing the building.
Intercreditor Agreement: Means the Intercreditor Agreement dated as of November 10, 2009 among the Trustee, the Other Trustees, the Liquidity Provider, the liquidity provider relating to the Class B Certificates and Wilmington Trust Company, as Subordination Agent and as trustee thereunder, as amended, supplemented or otherwise modified from time to time in accordance with its terms.
No such purchase of Class A Certificates, the Class B Certificates and the Class C Certificates shall be effective unless the purchaser(s) shall certify to the Other Trustees of each such Class that contemporaneously with such purchase, such purchaser(s) is purchasing, pursuant to the terms of this Agreement and the Other Pass Through Trust Agreements, the Class A Certificates, the Class B Certificates and the Class C Certificates.