Trustor definition

Trustor has the meaning specified in the first sentence of this Agreement.

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Trustor means a borrower under a deed of trust, who deeds property to a trustee as security for the payment of a debt.

Trustor means an individual who creates an inter vivos or a testamentary trust.

Examples of Trustor in a sentence

• The aforementioned fees shall be subject to Value Added Tax in accordance with applicable law and shall be adjusted when due in accordance with the National Consumer Price Index; furthermore, they may also be adjusted to reflect increases in the Trust’s operating expenses, provided that such increases in operating expenses are reliably demonstrated in writing such increases in the operational burden are proven, and these are accepted by the Trustor, who may not reject them without just cause.

• The Trustee, through the Trustor, shall perform all acts necessary or appropriate for that purpose.

• On January 29, 2026, the Trustor (i) notified Multiva (in its capacity as successor to CIBanco) of its intention to replace the trustee with respect to the Trust Agreement in accordance with the provisions of Clause Twelve of the Trust Agreement; and (ii) instructed Multiva (as successor to CIBanco) to enter into a certain Trustee Replacement Agreement in favor of GBM.

More Definitions of Trustor

Trustor means the institution designated as such in the Trust Agreement and its permitted successors.

Trustor means a person, including a testator, who creates, or contributes property to, a trust.

Trustor means (i) with respect to the First Trust Agreement, VWFSJ and (ii) with respect to the Second Trust Agreement, MHSC.

Trustor or “Participant” means a person who participates in the Fund under a Trust Agreement.

Trustor means a person, including a testator, who creates,

Trustor has the meaning specified in the Trust Agreement.

Trustor means all trustors of this trust, whether one or more. The Trustors are married and parents of the following living children: The Beneficiaries of the Trust during the lifetime of the Trustors is the Trustors. Except as otherwise provided herein, upon the death of the Trustor, the Beneficiaries are the Children of the Trustor.