Trustee Selection definition

Trustee Selection has the meaning specified in Section 4.02.
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Examples of Trustee Selection in a sentence

  • Except in the event of a Company Designation or a Trustee Selection, notice of redemption sent as contemplated by Section 1.05 need not identify particular Securities to be redeemed.

  • Except in the event of a Company Designation or a Trustee Selection, notice of redemption published as contemplated by Section 1.04 need not identify particular Securities to be redeemed.

  • Except in the event of a Company Designation or a Trustee Selection, notice of redemption published as contemplated by Section 1.05 need not identify particular Securities to be redeemed.

  • Although the Court is currently considering the Trustees’ Petition for Review of Trustee Selection Process and Trustee Terms filed May 10, 2022, and its ruling may ultimately affect the selection of Trustee ▇▇▇▇▇▇▇’▇ successor, pursuant to the current process set forth in the 1999 Master’s Report and the January 6, 2000 Order, Petitioners hereby give notice of the vacancy that will arise upon expiration of Trustee ▇▇▇▇▇▇▇’▇ term.

Related to Trustee Selection

  • Trustee/Certificate Administrator Fee With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

  • Lead Depositor means the Depositor under the Lead Securitization Servicing Agreement.

  • Indenture Trustee Fee means a monthly fee equal to 1/12th of $15,000, payable on each Payment Date.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in June of each year, commencing in June 2022.

  • Securities Administrator Fee With respect to any Distribution Date, an amount equal to the product of (a) one-twelfth of the Securities Administrator Fee Rate and (b) the Stated Principal Balance of the Mortgage Loans as of the prior Distribution Date (or as of the Cut-off Date in the case of the first Distribution Date).