Settlor definition

Settlor means a person, including a testator, who creates, or contributes property to, a trust. If more than one person creates or contributes property to a trust, each person is a settlor of the portion of the trust property attributable to that person's contribution except to the extent another person has the power to revoke or withdraw that portion.
Settlor means that term as defined in section 7103 of the estates and protected individuals code, 1998 PA 386, MCL 700.7103.
Settlor shall have the meaning defined in the preamble hereto.

Examples of Settlor in a sentence

  • VW CREDIT, INC., as Settlor and Initial Beneficiary By: /s/ G▇▇▇▇▇ ▇▇▇▇▇ Name: G▇▇▇▇▇ ▇▇▇▇▇ Title: Assistant Treasurer By: /s/ J▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: J▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Treasurer U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Administrative Trustee, UTI Trustee and SUBI Trustee By: /s/ J▇▇▇ ▇.

  • A-1 Transaction SUBI Supplement 2025-B The Certificates do not represent an obligation of, or an interest in, the Settlor, any Origination Trustee or any of their respective affiliates (other than the Origination Trust).

  • A copy of the Agreement may be examined during normal business hours at the principal office of the Settlor or any Origination Trustee, and at such other places, if any, designated by the Settlor or any Origination Trustee, by the holder hereof upon request.

  • The Settlor, the UTI Trustee, the Administrative Trustee and the Delaware Trustee have entered into that certain Trust Agreement dated as of June 2, 1999 (as modified, supplemented or amended from time to time, the “Origination Trust Agreement”) pursuant to which the Settlor formed VW Credit Leasing, Ltd., a Delaware statutory trust (the “Origination Trust”) for the purpose of acting as agent and nominee owner of various Origination Trust Assets in accordance with the Origination Trust Agreement.


More Definitions of Settlor

Settlor means a person who provides trust property or makes a testamentary disposition on trust or to a trust;
Settlor means VCI, as settlor under the Origination Trust Agreement.
Settlor means a person, including a testator, who
Settlor means a person, including a testator, who creates, or
Settlor means a person, including a testator, who creates or contributes
Settlor means a person, including a testator, that
Settlor means a person, including a testator, who creates a trust.