Qualifying Trustee definition

Qualifying Trustee means any Trustee who is not an interested person (as defined in the 0000 Xxx) of the Trust and is not a party to the proceeding.
Qualifying Trustee has the meaning specified in Section 1305 of this Indenture.
Qualifying Trustee has the meaning specified in Section 1305.

Examples of Qualifying Trustee in a sentence

  • A Committee must include at least one Qualifying Trustee, but other members of a Committee need not be Charity Trustees.


More Definitions of Qualifying Trustee

Qualifying Trustee means any Trustee who is not an interested person (as defined in the 1940 Act) of the Trust and is not a party to the proceeding.
Qualifying Trustee has the meaning specified in Section 13.05.
Qualifying Trustee shall have the meaning set forth in Section 8.4 of the Indenture.
Qualifying Trustee means a person that:
Qualifying Trustee has the meaning specified in Section 13.05 of this Indenture. “Rating Agency” means Xxxxx’x, S&P and Fitch or if Xxxxx’x, S&P and/or Fitch shall not make a rating on the Notes (or the applicable security) publicly available, a nationally recognized statistical rating agency or agencies, as the case may be, selected by the Issuer (in the case of the Notes, as certified by a Board Resolution) which shall be substituted for Xxxxx’x, S&P and/or Fitch, as the case may be. “Record Date” has the meaning specified in Section 3.01 of this Indenture. “Redemption Date,” when used with respect to any Note to be redeemed, in whole or in part, means the date fixed for such redemption by or pursuant to Section 11.01 of this Indenture. “Redemption Price,” when used with respect to any Note to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture. “Redemption Price Premium” has the meaning specified in Section 5.02 of this Indenture. “Refinancing Indebtedness” means Indebtedness that serves to refund or refinance any Indebtedness incurred as permitted under clauses (b), (c) and (d) or any Indebtedness to so refund or refinance such Indebtedness including additional Indebtedness incurred to pay accrued but unpaid interest, dividends, premiums (including tender premiums), defeasance costs, underwriting discounts, fees, costs and expenses (including original issue discount, upfront fees or similar fees) incurred in connection with such refinancing prior to its respective maturity; provided, however, that such Refinancing Indebtedness (1) has a Weighted Average Life to Maturity at the time such Refinancing Indebtedness is incurred that is not less than the remaining Weighted Average Life to Maturity of the Indebtedness being refunded or refinanced, (2) to the extent such Refinancing Indebtedness refinances Subordinated Indebtedness, such Refinancing Indebtedness is subordinated to the Notes or such Guarantee at least to the same extent as the Indebtedness being refinanced or refunded, and
Qualifying Trustee has the meaning specified in Section 1305 of this Indenture. “Redemption Date”, when used with respect to any Note to be redeemed, in whole or in part, means the date fixed for such redemption by or pursuant to this Indenture. “Redemption Price”, when used with respect to any Note to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture. “Reference Treasury Dealers” means, with respect to any Redemption Date for the Notes, (1) X.X. Xxxxxx Securities LLC (or its successor) or any of its affiliates that is a Primary Treasury Dealer, and (2) four other Primary Treasury Dealers selected by the Company; provided, however, that if any of the foregoing ceases to be a Primary Treasury Dealer, the Company shall substitute therefor another Primary Treasury Dealer selected by the Company. “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the arithmetic average of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Company by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business Day preceding such Redemption Date. “Registration Rights Agreement” has the meaning specified in the Appendix. “Regular Record Date” has the meaning specified in Section 301 of this Indenture. “Representatives” has the meaning specified in the Appendix. “Responsible Officer”, when used with respect to the Trustee, means any officer of the Trustee assigned by the Trustee to administer this Indenture, and also means, with respect to a particular corporate trust matter relating to this Indenture, any other officer to whom such matter is referred because of his knowledge of and familiarity with the particular subject, and who in each case shall have direct responsibility for the administration of this Indenture. “SEC” means the Securities and Exchange Commission. “Securities Act” means the Securities Act of 1933, as amended. “Shelf Registration Statement” means the shelf registration statement as defined in the applicable Registration Rights Agreement. “Special Record Date” for the payment of any Defaulted Interest means a date fixed by the Company pursuant to Section 306. “Stated Maturity” means, with respect to any security, the date specified in the agreement governing or certificate relating to such Indebtedness as the fixed date on which the final payment of principa...
Qualifying Trustee means any Trustee who is not an Interested Person of the Trust and is not a party to the proceeding.