Trustee Account definition

Trustee Account shall have the meaning assigned thereto in Section 3.06(a).

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Trustee Account means that certain trustee account established by the Lender for the benefit of the holders of the Notes pursuant to the Indenture.

Trustee Account means the Bank Account maintained by the Trustee into which all Payments are made and held by the Trustee on behalf of Customers;

Examples of Trustee Account in a sentence

• The sole signatories for such accounts shall be designated by the Administrative Trustees; provided, however, that the Property Trustee shall designate the signatories for the Property Trustee Account.

• The Trust shall maintain one or more bank accounts in the name and for the sole benefit of the Trust; provided, however, that all payments of funds in respect of the Debentures held by the Property Trustee shall be made directly to the Property Trustee Account and no other funds of the Trust shall be deposited in the Property Trustee Account.

• Except as provided in Section 3.8 with respect to the Debentures and the Property Trustee Account or as otherwise provided in this Declaration, legal title to all assets of the Trust shall be vested in the Trust.

• The Trust shall maintain one or more bank accounts in the name and for the sole benefit of the Trust; provided, however, that all payments of funds in respect of the Debentures held by the Institutional Trustee shall be made directly to the Institutional Trustee Account and no other funds of the Trust shall be deposited in the Institutional Trustee Account.

• Except as provided in Section 3.8 with respect to the Debentures and the Institutional Trustee Account or as otherwise provided in this Declaration, legal title to all assets of the Trust shall be vested in the Trust.

More Definitions of Trustee Account

Trustee Account means the Bank Account maintained by the Trustee into which all Payments are made and held by the Trustee on behalf of Customers.

Trustee Account means an account in the name of the trustees of a trust or the executors or administrators of a deceased estate.

Trustee Account means Trustee’s bank account, which has been communicated in writing by Trustee to the Parties on or prior to the date hereof.

Trustee Account. As defined in Section 3.06(a).

Trustee Account is defined in the Framework Agreement.

Trustee Account means the account held by the Trustee at ▇▇▇▇▇▇▇▇ Bank AG, Munich, sort code 501 203 83, account no. 224 0455, IBAN ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇ and BIC DELB DE 33XXX or any other bank account of the Trustee which was communicated by Trustee to Balaton and Gentherm.

Trustee Account shall have the meaning as defined in Section 4(a)(i). Unaudited Financial Statements - shall have the meaning as defined in Section 6.III.(h).