Special Trustee definition

Special Trustee means a trustee appointed by the Holders of a Majority in liquidation amount of the Preferred Securities in accordance with Section 5.06(a)(ii)(B).

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Special Trustee means the Person unaffiliated with the Trust and the Prohibited Owner that is appointed by the Trust to serve as trustee of the Special Trust.

Special Trustee means a trustee of any Special Trust, designated by the Corporation and unaffiliated with the Corporation or any prohibited transferee or Purported Owner of Excess Stock.

Examples of Special Trustee in a sentence

• In the event a Special Trustee is holding office pursuant to Section 5.06, such Special Trustee shall have the same rights as an Administrative Trustee with respect to participation in a meeting of the Administrative Trustees.

• Failure to identify a witness or an exhibit may result in its exclusion at the hearing in the discretion of the Special Trustee or hearing officer.

• Not later than 30 days after such right to appoint a Special Trustee arises, the Trustees will convene a meeting for the purpose of appointing a Special Trustee.

• If the Special Trustee determines to conduct the hearing himself or herself, he or she shall hold the hearing on the grievance in a closed session within 30 days of receipt of the appeal.

• In the alternative, the Special Trustee may delegate the hearing function to a hearing officer who shall prepare a proposed decision.

More Definitions of Special Trustee

Special Trustee shall terminate. A "special trustee" may act in such capacity more than once.

Special Trustee may act in such capacity more than once.

Special Trustee means a trustee appointed by the Holders of a Majority in liquidation amount of the Preferred Securities in accordance with Section 5.06(ii)(B).

Special Trustee means the Trust as trustee for the Special Trust, and any successor trustee appointed by the Trust.

Special Trustee has the meaning given to it in the preamble of this Agreement.

Special Trustee means the person appointed to act as trustee for the benefit of a Special Voting Shareholder following an order by a Gaming Authority pursuant to Article 20.7(c) to sell or otherwise dispose of some or all of the Special Voting Shareholder Securities following the occurrence of a Triggering Event by a Special Voting Shareholder, whose appointment is mutually agreed upon by the relevant Gaming Authority, the board and the Special Voting Shareholder, provided that if no agreement can be reached within 30 days of receipt by the Special Voting Shareholder of the order, the board may select a voting trustee acceptable to the Gaming Authority.

Special Trustee means a special trustee appointed by the holders of a series of Preferred Securities authorized to enforce an American General LLC's rights under the Securities of the related series held by such American General LLC.