Resident Trustee definition

Resident Trustee means Wilmington Trust Company, a Delaware banking ---------------- corporation, acting in its individual capacity, and its successors and assigns as Delaware Trustee under the Trust Agreement, acting in such successors' and assigns' respective individual capacities.

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Resident Trustee means the commercial bank or trust company identified as the "Resident Trustee" in the Preamble to this Trust Agreement solely in its capacity as Resident Trustee of the Trust continued hereunder and not in its individual capacity, or its successor in interest in such capacity, or any successor Resident Trustee appointed as herein provided.

Resident Trustee means a trustee who ordinarily resides within the Federation or carries on business from an office or other fixed place within the Federation;

Examples of Resident Trustee in a sentence

Unless required by the Delaware Court of Chancery, the Resident Trustee shall serve without bond.
If no substitute or successor Resident Trustee shall have been appointed within 30 days after notice of such resignation or removal has been delivered, the Resident Trustee may apply to a court of competent jurisdiction for the appointment of a successor Resident Trustee.
Any resignation or removal of the Resident Trustee and appointment of a substitute or successor Resident Trustee shall become effective only upon acceptance of the appointment by the substitute or successor Resident Trustee.
Such court may thereupon, after such notice, if any, as it may deem proper, prescribe and appoint a successor Resident Trustee meeting the qualifications provided for herein.
The Resident Trustee shall provide prompt notice to the Managing Trustee of its performance of any such acts.

More Definitions of Resident Trustee

Resident Trustee means [U.S. Bank Trust National Association, a national banking association with its principal place of business in the State of Delaware], not in its individual capacity but solely as trustee, or any successor thereto, duly appointed in accordance with Section 13.01 hereof.

Resident Trustee means Christiana Trust, a division of Wilmington Savings Fund Society, FSB, or its appointed successor.

Resident Trustee has the meaning given in the Recitals to this Agreement.

Resident Trustee means a trustee of the Trust meeting the requirements of Section 3807(a) of the Business Trust Statute and shall initially be Wilmington Trust Company, not in its individual capacity but solely as resident trustee under this Agreement.

Resident Trustee means the Resident Trustee as defined in the Deposit Trust Agreement.

Resident Trustee has the meaning given in the Deposit Trust Agreement. RETAINED AMOUNTS - means 95% of any Accrual, including any applicable accrued interest.

Resident Trustee means a Person satisfying the requirements of Section 3807(a) of the Business Trust Statute, and shall initially be Wilmington Trust Company, a Delaware banking corporation acting not in its individual capacity but solely as trustee hereunder, and any Person that shall have become its successor pursuant to Section 7.4 hereof.