Delaware Trustee definition

Delaware Trustee means, with respect to the Trust, the Person identified as the “Delaware Trustee” in the Trust Agreement, solely in its capacity as Delaware Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as therein provided.

Delaware Trustee has the meaning set forth in Section 5.2.

Delaware Trustee means BNY Mellon Trust of Delaware, as Delaware Trustee under the Trust Agreement.

Examples of Delaware Trustee in a sentence

• The Delaware Trustee shall have no liability for the acts or omissions of the Owner Trustee.

• Notwithstanding any other provision of this Agreement or any other document, the duties of the Delaware Trustee shall be limited to (i) accepting legal process served on the Issuer in the State of Delaware and (ii) the execution of any certificates required to be filed with the Secretary of State of the State of Delaware which the Delaware Trustee is required to execute under Section 3811 of the Statutory Trust Act.

• Any amounts paid to the Owner Trustee or the Delaware Trustee pursuant to this Article VIII and the Sale and Servicing Agreement or the Indenture shall be deemed not to be a part of the Trust Estate immediately after such payment.

• In case at any time the Owner Trustee or the Delaware Trustee shall cease to be eligible in accordance with the applicable provisions of this Section 10.1, the Owner Trustee or the Delaware Trustee, as applicable, shall resign immediately in the manner and with the effect specified in Section 10.2.

• In no event shall the Owner Trustee or the Delaware Trustee be deemed to be a “securitizer” as defined in Section 15G(a) of the Exchange Act with respect to the transactions contemplated by the Transaction Documents, nor shall it have any responsibility for making any filing to be made by a securitizer under the Exchange Act or Regulation AB with respect to the transactions contemplated by the Transaction Documents.

More Definitions of Delaware Trustee

Delaware Trustee means The Bank of New York (Delaware), a Delaware banking corporation, not in its individual capacity but solely as Delaware Trustee under the Trust Agreement, and any successor Delaware Trustee under the Trust Agreement.

Delaware Trustee means, with respect to any Issuer Trust, the Person identified as the "Delaware Trustee" in the related Trust Agreement, solely in its capacity as Delaware Trustee of such Issuer Trust under such Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware trustee appointed as therein provided.

Delaware Trustee means the corporation identified as the "Delaware Trustee" in the preamble to this Declaration of Trust solely in its capacity as Delaware Trustee of the Trust continued hereunder and not in its individual capacity, or its successor in interest in such capacity, or any successor trustee appointed as herein provided.

Delaware Trustee means the Trustee meeting the eligibility requirements set forth in Section 6.2.

Delaware Trustee has the meaning specified in Section 10.1 of the Trust Agreement.

Delaware Trustee means Citigroup Trust-Delaware, National Association, as Delaware Trustee under the Trust Agreement.

Delaware Trustee means Wilmington Trust Company, a Delaware banking corporation not in its individual capacity but solely as trustee and its successors.