Principal Trustee definition

Principal Trustee is defined in Section 1.
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Principal Trustee means the trustee whose name or address was provided to the department by a trust for the purpose of conducting communications with the department.
Sample 1

Examples of Principal Trustee in a sentence

  • Principal Trustee Company Private Limited (formerly IDBI-PRINCIPAL Trustee Company Limited), a company incorporated under the Companies Act, 1956 is the Trustee to the Fund with effect from October 18, 2002.

  • Payments of Principal Trustee Notice to Company of Option to be Repaid.

  • We do point out that the governance structure currently in place for UGE provides a useful model, and that continuing that structure would probably facilitate the transition from UGE to the K-State 8.

  • Principal Trustee Company Private Limited (the “Trustee”), through its Board of Directors, shall discharge its obligations as Trustee of the Principal Mutual Fund.

  • The Company shall keep at the principal corporate trust office of the Principal Trustee a register for the registration and registration of transfers of Bonds.

  • Prior to due presentment for registration of transfer, the Person(s) in whose name any Bond(s) shall be registered shall be deemed and treated as the owner and holder thereof for all purposes hereof, and neither the Company nor the Principal Trustee shall be affected by any notice or knowledge to the contrary.

  • Accordingly, Principal Financial Group (Mauritius) Limited and Punjab National Bank hold 70% and 30% respectively of the paid up equity capital of the Trustee Company.Subsequently, on August 24, 2018 Principal Financial Services Inc., (the existing sponsor) has through its wholly owned subsidiary Principal International India Ltd (PIIL) acquired PNB’s entire stake constituting 30% of the paid-up equity share capital of the Principal Trustee Company Pvt.

  • The Purchasers hereby appoint The Bank of New York Mellon Trust Company, N.A. to act as Principal Trustee, and appoint UMB Bank & Trust, N.A. to act as Trustee, each hereunder and under the Supplemental Indenture, and The Bank of New York Mellon Trust Company, N.A. and UMB Bank & Trust, N.A. each hereby agree to act in such capacities, all on and subject to the terms and conditions set forth in the Mortgage.

  • A revised tax treaty, would to some extent, further refine the basis for allocation of profits to that permanent establishment and further clarify what level of activity would constitute such an establishment.

  • The Company shall have furnished to the Principal Trustee the resolutions, certificates, opinions and other instruments required to be delivered prior to or upon the issuance of the Bonds pursuant to the provisions of the Mortgage.