Lead Trustee definition

Lead Trustee means (a) during the period from and after the Note A-2 Securitization Date and prior to the Note A-1 Securitization Date, the Note A-2 Trustee and, (b) from and after the Note A-1 Securitization Date, the trustee designated under the Note A-1 Securitization.

Lead Trustee means the trustee designated under the Note A-1 PSA.

Lead Trustee means (a) during the period from and after the WFCM 2016-NXS6 Securitization Date and prior to the Note A-1 Securitization Date, the WFCM 2016-NXS6 Trustee and (b) from and after the Note A-1 Securitization Date, the trustee designated under the Note A-1 Securitization.

Examples of Lead Trustee in a sentence

• The Lead Trustee will act as an effective leader of the board of Trustees in respect of matters required to be considered by the Independent Trustees only, and will ensure that the board of Trustees’ agenda will enable it to successfully carry out its duties.

• The Chair, in consultation with the Lead Trustee and management, is primarily responsible for the agenda and for supervising the conduct of the meeting.

• It is expected, if communications from stakeholders are made to the Chair, the Lead Trustee or to other individual trustees, management will be informed and consulted to determine any appropriate response.

• The Lead Trustee also is the chair of the Governance, Compensation and Nominating Committee.

• The chair of any annual or special meeting of Unitholders shall be the Chair of the Trustees or, in his absence, the Lead Trustee, or any other Trustee specified by resolution of the Trustees or, in the absence of any Trustee, any person appointed as chair of the meeting by the Trustees to act as chair of the meeting.

More Definitions of Lead Trustee

Lead Trustee means the lead trustee of the Board of Trustees;

Lead Trustee means the trustee appointed pursuant to the Lead Securitization Servicing Agreement.

Lead Trustee means the Note A-1 Trustee.

Lead Trustee means (a) during the period from and after the SGCMS 2016-C5 Securitization Date and prior to the Note A-2 Securitization Date, the SGCMS 2016-C5 Trustee and, (b) from and after the Note A-2 Securitization Date, the trustee designated under the Note A-1 Securitization.

Lead Trustee means the Board-designated Trustee among the independent Trustees, who will provide leadership for the independent Trustees in certain circumstances if the Chair is not independent;

Lead Trustee means the Board-designated trustee among the independent Trustees, who will provide leadership for the independent Trustees in certain circumstances if the Chairman is not independent, as more particularly described under “Governance and Management of the Fund – Governance and Board of Trustees”.

Lead Trustee means the independent lead trustee of the Board;