Subordinate Trustee definition

Subordinate Trustee means U.S. Bank National Association, as successor trustee to Bank of America National Trust and Savings Association, and any successor thereto as trustee under the Subordinate Agreement.
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Subordinate Trustee means U.S. Bank National Association, a national banking association, duly organized and existing under the laws of the United States, or its successor, as Trustee, as provided in Section 8.01 of the Subordinate Indenture.
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Subordinate Trustee means U.S. Bank National Association, a national banking association duly organized and existing under and by virtue of the laws of the United States of America, or its successors, as Trustee as provided in the Subordinate Indenture.
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Examples of Subordinate Trustee in a sentence

  • In addition, the Issuer and the Subordinate Trustee may consult with counsel, and the opinion of such counsel shall be full and complete authorization and protection in respect of any action taken or suffered by the Issuer or the Subordinate Trustee under this Subordinate Loan Agreement and under the Subordinate Indenture in good faith and in conformity with the opinion of such counsel.

  • Furthermore, the Bank, as Majority Owner and Subordinate Loan Servicer, authorizes and directs U.S. Bank National Association, as Subordinate Trustee under the Original Loan Agreement, to enter into this Agreement.

  • The representations, covenants, agreements and warranties set forth in this Subordinate Loan Agreement may be relied upon by the Issuer and the Subordinate Trustee.

  • The Subordinate Trustee agrees to accept and act upon facsimile transmission of written instructions and/or directions pursuant to this Subordinate Loan Agreement, provided, however, that subsequent to such facsimile transmission of written instructions shall provide the originally executed instructions and/or directions shall be provided to the Subordinate Trustee in a timely manner.

  • Furthermore, the Bank, as Majority Owner under the Original Subordinate Indenture, authorizes and directs U.S. Bank National Association, as Subordinate Trustee under the Original Subordinate Indenture, to enter into this First Amendment.

  • Each of the Fiscal Agent, Subordinate Trustee, and Banks are hereby made a third-party beneficiary of this Agreement entitled to enforce its terms under applicable law.

  • In order to entitle the Issuer or the Subordinate Trustee to exercise any remedy reserved to it in this Article VII, it shall not be necessary to give any notice, other than such notice as may be expressly required by this Subordinate Loan Agreement.

  • Neither of the Subordinate Trustee nor the Issuer makes any representation or warranty, either express or implied, that money, if any, which will be paid into the Subordinate Loan Fund or otherwise made available to the Borrower will be sufficient to complete the construction of the Project, and neither of the Subordinate Trustee nor the Issuer shall be liable to the Borrower, the Subordinate Bondholders or any other person if for any reason the Project is not completed.

  • HOUSING FINANCE AUTHORITY OF HILLSBOROUGH COUNTY, FLORIDA [SEAL] ATTEST: By: Name: Title: By: Name: Title: U.S. BANK NATIONAL ASSOCIATION, as Subordinate Trustee By: Name: Title: The Borrower hereby consents to this First Amendment to be executed as of the date set forth above in accordance with Section 8.04 of the Original Subordinate Indenture and waives receipt of the notice required by such section.

  • The Borrower shall not be entitled to any reimbursement from the Issuer, the Subordinate Trustee, or the Subordinate Bondholders in respect of any such costs or to any diminution or abatement in the repayment of the Subordinate Loan.

Related to Subordinate Trustee

  • Corporate Trustee means a Trustee which is a banking institution or trust company regularly engaged in the business of trust administration in which no Beneficiary has any controlling interest.

  • Note Trustee means the Person identified as the “Trustee” in the Indenture, solely in its capacity as Trustee pursuant to the Indenture and not in its individual capacity, or its successor in interest in such capacity, or any successor Trustee appointed as provided in the Indenture.

  • NIM Trustee The trustee for the NIM Securities.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

  • Subordinate Notes means the B Notes and the C Notes, individually or collectively, as the context may require.

  • indenture trustee or “institutional trustee” means the Trustee.

  • Corporate Trust Office of the Trustee shall be at the address of the Trustee specified in Section 12.02 hereof or such other address as to which the Trustee may give notice to the Company.

  • Owner Trustee Corporate Trust Office means the office of the Owner Trustee at which its corporate trust business shall be administered, which initially shall be Xxxxxx Square North, 0000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx 00000-0000 Attn: Corporate Trust Administration, or such other office at such other address as the Owner Trustee may designate from time to time by notice to the Certificateholder, the Servicer, the Indenture Trustee, the Trust Depositor and Harley-Davidson Credit.

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

  • The Trustee s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.

  • Non-Lead Securitization Subordinate Class Representative means the holders of the majority of the class of securities issued in a Non-Lead Securitization designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” is held by the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights of the related Non-Lead Securitization Subordinate Class Representative.

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • Debenture Trustee means Wilmington Trust Company, as trustee under the Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Subordination Agent Has the meaning specified in the Intercreditor Agreement.

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

  • Subordinate Debt means indebtedness secured hereby or by any Supplemental Indenture which is by its terms expressly subordinate and inferior hereto both in lien and right of payment.

  • Note A-1 Trustee means the trustee under the Note A-1 PSA.

  • Noteholders means the holders of the Notes.

  • Notes Trustee has the meaning assigned to such term in the Recitals to this Agreement.

  • Collateral Trustee has the meaning set forth in the preamble.