Trustee/Escrow Agent definition

Trustee/Escrow Agent means (i) a Dutch foundation, the managing board of which consists of at least 50% of members of the Board, (ii) a company organized under the laws of, and having its business address in, a country other than the Netherlands that is not a subsidiary or affiliate of the Company, or (iii) a German notary who is residing in Germany. Capitalized terms not otherwise defined in the Plan shall have the meaning given to them in the Terms and Conditions.
Sample 1

Examples of Trustee/Escrow Agent in a sentence

  • This Escrow Agreement shall terminate when all transfers and payments required to be made by the Trustee/Escrow Agent under the provisions hereof shall have been made.

  • The Authority and the Trustee/Escrow Agent shall not modify this Escrow Agreement without the consent of all of the owners of the Refunded Bonds affected by such modification which have not been paid in full.

  • All of the covenants and agreements in this Escrow Agreement contained by or on behalf of the Authority or the Trustee/Escrow Agent shall bind and inure to the benefit of their respective successors and assigns, whether so expressed or not.

  • Nonetheless, the Court of Appeals reasoned that under MCR 3.501(F), the period of limitations for Paxson’s TILA claim was tolled by the filing of the initial complaint.

  • The Trustee/Escrow Agent shall purchase the Initial Government Securities as provided in Section 2 hereof and shall hold such Initial Government Securities, the beginning cash balance and any earnings received thereon and any reinvestment thereof created by this Escrow Agreement and disburse such amounts as provided herein.

  • The obligations of the Authority under this Section 12 shall remain in effect and continue notwithstanding the termination of this Escrow Agreement and the resignation or the removal of the Trustee/Escrow Agent.

  • Demonstrate current staffing capacity to accomplish the work in the required time.

  • Additionally, the Authority hereby directs the Trustee/Escrow Agent to give or cause to be given on the date hereof, and the Trustee/Escrow Agent agrees to give or cause to be given on the date hereof, notice of the defeasance of the Refunded Bonds (a form of such notice being attached hereto as Exhibit C).

  • Through a “Successor Trustee/Escrow Agent Agreement,” Forethought was directed to liquidate the majority of the cemetery and funeral trust holdings—$23,310,258.78—and transfer them to Community Trust (id.

  • The Authority may remove the Trustee/Escrow Agent and/or the Trustee/Escrow Agent may resign pursuant to the provisions of Section 9.09 of the Agreement and the applicable provisions of the Nineteenth Supplemental Agreement.

Related to Trustee/Escrow Agent

  • Escrow Agent has the meaning set forth in Section 2.3.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • NIM Trustee The trustee for the NIM Securities.

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • The Escrow Agent s responsibilities as escrow agent hereunder shall terminate if the Escrow Agent shall resign by written notice to the Company and the Purchaser. In the event of any such resignation, the Purchaser and the Company shall appoint a successor Escrow Agent.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Disbursement Agent means Deutsche Bank National Trust Company, a national banking association, and its successors in interest, as disbursement agent under the Custodial and Disbursement Agreement, and any successor Disbursement Agent under the Custodial and Disbursement Agreement.

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

  • Escrow Bank has the meaning specified in Section 2.15(c).

  • Insurance Trustee means an entity authorized to carry on the business of a trust company under the laws of Alberta selected from time to time on resolution of the Board, whose duties include the receiving, holding and disbursing of proceeds of policies of insurance pursuant to these Bylaws and the Act. If no Insurance Trustee is appointed, then the Insurance Trustee shall be the Board;

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

  • Escrow Paying Agent Means the Person acting as paying agent under the Escrow Agreement.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Trust Administrator [______________] Independent Accountants:

  • Custodial Agent means the Person who is then the Custodial Agent thereunder.

  • Shareholder Servicing Agent shall have the meaning designated in Section 5.2(f) hereof.

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

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

  • Depository Agent is defined in Section 2.6(a) of the Agreement.

  • Litigation Trustee means a Person to be determined by SFC and the Initial Consenting Noteholders prior to the Effective Time, with the consent of the Monitor, to serve as trustee of the Litigation Trust pursuant to and in accordance with the terms thereof.

  • Depositary Agent shall have the meaning set forth in Section 7(c) hereof.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Debenture Trustee means The Bank of New York, as trustee under the Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.