Certain Instructions to the Trustee Clause Samples

The 'Certain Instructions to the Trustee' clause defines the specific directions or authorizations that the trustee must follow in administering the trust. This clause typically outlines the types of instructions that are binding on the trustee, who is authorized to issue them (such as beneficiaries or a trust protector), and any conditions or limitations on those instructions. For example, it may specify that the trustee must act on written directions regarding investments or distributions, provided they do not conflict with the trust's terms or applicable law. The core function of this clause is to clarify the trustee's obligations and the scope of their authority, thereby reducing ambiguity and potential disputes over the trustee's actions.
Certain Instructions to the Trustee. (a) If on any date the Class A/B/C/D Principal Deficit Amount is greater than zero or HVF III determines that there exists a Series 2021-2 Lease Principal Payment Deficit, then HVF III shall promptly provide written notice thereof to the Trustee. (b) On or before 10:00 a.m. (New York City time) on each Payment Date, HVF III shall notify the Trustee of the amount of any Series 2021-2 Lease Payment Deficit, such notification to be in the form of Exhibit D hereto (each a “Lease Payment Deficit Notice”).
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Certain Instructions to the Trustee. (a) If on any date the Principal Deficit Amount is greater than zero or HVF II determines that there exists a Series 2013-A Lease Principal Payment Deficit, then HVF II shall promptly provide written notice thereof to the Administrative Agent and the Trustee. (b) On or before 10:00 a.m. (New York City time) on each Payment Date on which any Series 2013-A Lease Payment Deficit Exists, the Group I Administrator shall notify the Trustee of the amount of such Series 2013-A Lease Payment Deficit, such notification to be in the form of Exhibit D hereto (each a “Lease Payment Deficit Notice”).
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Certain Instructions to the Trustee. (a) If on any date the Principal Deficit Amount is greater than zero or HVF II determines that there exists a Series 2014-A Lease Principal Payment Deficit, then HVF II shall promptly provide written notice thereof to the Administrative Agent and the Trustee. (b) On or before 10:00 a.m. (New York City time) on each Payment Date on which any Series 2014-A Lease Payment Deficit Exists, the Group I Administrator shall notify the Trustee of the amount of such Series 2014-A Lease WEIL:\95450705\27\52399.0041 Payment Deficit, such notification to be in the form of Exhibit D hereto (each a “Lease Payment Deficit Notice”).
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Certain Instructions to the Trustee. If on any date the Principal Deficit Amount is greater than zero or HVF III determines that there exists a Series 2021-A Lease Principal Payment Deficit, then HVF III shall promptly provide written notice thereof to the Program Agent and the Trustee.
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Related to Certain Instructions to the Trustee

  • Trustee’s Application for Instructions from the Company Any application by the Trustee for written instructions from the Company (other than with regard to any action proposed to be taken or omitted to be taken by the Trustee that affects the rights of the Holders of the Notes under this Indenture) may, at the option of the Trustee, set forth in writing any action proposed to be taken or omitted by the Trustee under this Indenture and the date on and/or after which such action shall be taken or such omission shall be effective. The Trustee shall not be liable to the Company for any action taken by, or omission of, the Trustee in accordance with a proposal included in such application on or after the date specified in such application (which date shall not be less than three Business Days after the date any officer that the Company has indicated to the Trustee should receive such application actually receives such application, unless any such officer shall have consented in writing to any earlier date), unless, prior to taking any such action (or the effective date in the case of any omission), the Trustee shall have received written instructions in accordance with this Indenture in response to such application specifying the action to be taken or omitted.