Examples of Trustee Advance in a sentence
The Trustee shall also advance from its own funds and pay the appropriate persons the Trustee Advance, which amount represents interest which accrues on any "when, as and if issued" Bonds deposited in a Trust from the First Settlement Date to the respective dates of delivery to the Trust of any of such Bonds.
If the Servicer fails to deposit into the Certificate Account Advances as required by Section 8.02, then the Trustee shall, subject to the provisions of paragraph (b) below, from its own funds, deposit into the Certificate Account the amount not so deposited by the Servicer on or before the Business Day preceding the related Payment Date (a "Trustee Advance").
Notwithstanding the foregoing, if the Trustee, in its reasonable judgment, determines that such Monthly Advance would be non-recoverable from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds (including the proceeds of the applicable Federal Insurance) or otherwise with respect to such Mortgage Loan, then the Trustee shall not be obligated to make such Trustee Advance.
You have made arrangement for the management of your affairs, either personal and/or financial, as follows: Manage own affairs Durable Financial Power of Attorney Health Care Power of Attorney Representative Payee Guardian Conservator Trustee Advance Directive/Living will Other You agree to supply copies of all relevant information about those individuals who are responsible for your affairs as they relate to your care under this contract.
The Trustee shall be entitled to reimbursement of a Trustee Advance from funds subsequently available therefor in the Certificate Account in accordance with Section 8.04(b).
In an effort to provide Haulers with significant advantages and flexibility (e.g., selection of their own time, discretion to engage in other business or employment activities, etc.), Vixster engages Haulers as independent contractors.
The Trustee Advance shall be payable to the Trustee by the Administrator promptly after receipt by the Administrator of the Administrative Amount.
If the Servicer fails to deposit into the Collection Account Advances as required by Section 5.13 of the Sale and Servicing Agreement, then the Trustee shall, subject to the provisions of paragraph (b) below, from its own funds, deposit into the Collection Account the amount not so deposited by the Servicer on or before the Business Day preceding the related Distribution Date (an "Trustee Advance").
Subject only to the limitation set forth in Finding T, the Trustee acknowledges that the bankruptcy estates of the Debtors have benefitted and will continue to benefit from the actions of the Participating Sponsors, most clearly in connection with the payment of the Trustee Advance pursuant to the Global Protocol.
If (i) a Servicer reports a delinquency on a Remittance Report, and (ii) such Servicer, by 11 a.m. (New York Time) on the related Distribution Date, neither makes a Monthly Advance nor provides the Trustee with a Non-Recoverability Certificate for such delinquency, then the Trustee shall deposit, from its own funds, the amount of such Monthly Advance (a "Trustee Advance") into the related Distribution Account for distribution to Certificateholders as provided in the Trust Agreement.