Examples of Trust Administrator in a sentence

In determining the Net Asset Value of the Trust, the Administrative Trustee (or its appointed delegee, including the Trust Administrator or the Processing Agent, as applicable) shall value the ether held by the Trust based on the Index, unless otherwise determined by the Sponsor in its sole discretion.
On each Business Day on which the Exchange is open for regular trading, the Administrative Trustee (or its appointed delegee, including the Trust Administrator or the Processing Agent, as applicable) shall determine the Net Asset Value of the Trust and the Net Asset Value per Share as of 4:00 p.m. (Eastern Time).
None of the Trust Administrator, the Administrative Trustee nor the Sponsor shall be liable to any Person for the determination that the most recently communicated Net Asset Value of the Trust or Net Asset Value per Share is not appropriate or for any determination as to the alternative basis for valuation; provided that such determination is made in good faith.
The Administrative Trustee hereby delegates to the Trust Administrator the responsibility to calculate the Net Asset Value of the Trust and the Net Asset Value per Share, based on a pricing source selected by the Administrative Trustee, until such time as the Administrative Trustee revokes such delegation in its sole discretion.

More Definitions of Trust Administrator

Trust Administrator. Xxxxx Fargo Bank, N.A., or any successor in interest, or any successor trust administrator appointed as herein provided.

Trust Administrator. Wells Fargo, in its capacity as Trust Administrator.

Trust Administrator. Xxxxx Fargo Bank, N.A. a national banking association, not in its individual capacity, but solely in its capacity as trust administrator for the benefit of the Certificateholders under this Agreement, and any successor thereto, as provided herein.

Trust Administrator a national banking association, or its successor in interest, or any successor trustee appointed as herein provided.

Trust Administrator means the trust administrator selected as provided in Subsection 51-10-202(2).

Trust Administrator. JPMorgan Chase Bank, a New York banking corporation, not in its individual capacity, but solely in its capacity as trust administrator for the benefit of the Certificateholders under this Agreement, and any successor thereto, as provided herein.

Trust Administrator means the individual or committee that is established in the Deferred Stock Trust and the Deferred Cash Trust, to administer such trusts on behalf of the Participating Companies.