Examples of Underlying Trustee in a sentence
The Trustee hereunder shall at all times be the same Person as the Underlying Trustee or shall have an agreement with the Underlying Trustee to have access to the information relating to the Underlying Certificate Account in order to enable the Trustee to perform its duties under Section 3.06(a).
For this the determined study leg of each participant will be measured using a tape ruler measuring leg circumference starting from above the malleolar level and every 4 cm upwards for 8 measure points.
The Grantor Trustee may resign hereunder unless it shall also resign as Underlying Trustee under the Underlying Pooling and Servicing Agreement.
So long as the Issuer is required to report under the Exchange Act, each of the Indenture Trustee[, the Underlying Trustee] and the Owner Trustee shall promptly notify the Servicer, but in no event later than one (1) Business Day after its occurrence, of any Reportable Event of which such Person (or in the case of the Owner Trustee[, the Underlying Trustee] and the Indenture Trustee, a Responsible Officer of such Person) has actual knowledge.
If the Indenture Trustee determines, in its sole discretion, that taking such action would create a material conflict of interest between its obligations and duties as Underlying Trustee under the Underlying Agreements and its obligations and duties under this Agreement, the Indenture Trustee may resign in accordance with Section 6.08 of the Indenture.