Examples of Professional Trustee in a sentence

The Professional Trustee may attend Board meetings but will only serve in an advisory capacity and will no voting rights whatsoever.
The parties acknowledge that there are special qualifications attendant to working at the acute hospital/inpatient center and to providing home therapy.
If any Trustee forms the opinion that a deadlock exists in relation to the administration of the trust, the Trustees shall then be deemed to have resigned from their office and the Appointor, or if no Appointor, the resigning Trustees shall appoint a Professional Trustee (who is not a resigning Trustee) in accordance with this clause.
The Professional Trustee must be familiar with the operation and management of the Estate.
Any trustee who is a Professional Trustee other than a Trustee Corporation, will be entitled to charge and be paid all professional or other charges for any business or act done by him or her, or his or her firm, in connection with the special disability fund hereof including acts which a trustee could have done personally as if he or she were not such a trustee.

More Definitions of Professional Trustee

Professional Trustee means a Professional Trustee, nominated by

Professional Trustee means a professional trustee, nominated by the Developer during the Development Period, and thereafter by the Board, which professional trustee is nominated and co-opted to the Board for his specific level of skill, expertise, knowledge of the Estate or Sectional Title Scheme, and experience in his field of qualification;

Professional Trustee means any limited company or trust corporation that holds itself out as being an independent professional trustee and is a director of the Trustee or any director or representative of such a limited company or trust corporation who is a director of the Trustee;

Professional Trustee means each person identified as such in the Facility Application.

Professional Trustee means a natural person or a body corporate engaged as a business, trade, profession or vocation in the provision of services of a trustee;

Professional Trustee means a person who carries on, or is employed by, a business which consists of or includes the management of trusts, and who acts as trustee in the course of that business or employment;

Professional Trustee means a Trustee who is in the business of providing a trustee service for payment;