Management Trustee definition

Management Trustee is a Trustee who has present or former associations with the Trust’s Investment Adviser as causes such person to be an Interested Person of the Trust or its Investment Adviser.
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Management Trustee has the meaning set forth in the introductory paragraph of this Trust Agreement, and any successor Management Trustee appointed hereunder.
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Management Trustee means the Management Trustee contemplated by the Governing Regulatory Documents.
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Examples of Management Trustee in a sentence

  • Upon the death or resignation of any Management Trustee, the remaining Management Trustees shall appoint by majority vote a replacement to serve out the remainder of the term (with the Chairman, if any, voting only in case of a tie).

  • Willis Vice President U.S. Trust, Bank of America Private Wealth Management, Trustee (Toll Free) 877/228-5083 Louis G.

  • The Management Trustee, in its sole discretion, shall have the further power to combine two or more trusts or subtrusts relating to a Royalty Right of a Music Asset into a single trust for purposes of administration, when tax or other factors indicate that such combination would be desirable or advisable.

  • Notwithstanding any provision to the contrary contained herein, the Management Trustee shall not cause a Distribution to be made if such Distribution would violate Applicable Law.

  • If required by the Code or Applicable Law, the Management Trustee shall cause to be withheld any required amount from any Distribution to a Beneficiary for payment to the appropriate taxing authority.

  • It is the express intent of this Trust Agreement that this Trust not terminate except when (x) such termination is necessary to prevent the loss of the Trust Property, or (y) the Management Trustee anticipates undertaking some other action that would, in the Management Trustee’s opinion, result in the Trust no longer being treated as an investment trust for federal income tax purposes.

  • At any time or times for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Property may at the time be located, the Management Trustee, by an instrument in writing, may appoint one or more individuals or corporations to act as a separate trustee of all or any part of the Trust Property to the full extent that Applicable Law makes it necessary or appropriate for such separate trustee to act alone.

  • The office of the Trust shall be as set forth in Exhibit A attached hereto and made a part hereof, or at such other address within Delaware as the Management Trustee may designate by notice to the Grantor and the Beneficiaries.

  • The Trustees shall not manage, control, use, sell, dispose of or otherwise deal with any part of the Trust Property except in accordance with the powers granted to and the authority conferred upon the Management Trustee pursuant to the Transaction Documents.

  • Any tax return required to be filed by the Trust shall be signed by the Management Trustee on behalf of the Trust unless Applicable Law dictates otherwise.


More Definitions of Management Trustee

Management Trustee shall have the meaning given in the DOJ Consent Decree.
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Management Trustee means any Trustee who has such present or former associations with the Trust’s investment adviser as may cause such person not to be an Independent Trustee.
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Related to Management Trustee

  • Independent Trustee means a Trustee who is not an interested person within the meaning of Section 2(a)(19) of the Investment Company Act.

  • Relevant Trustee shall have the meaning specified in Section 8.10.

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

  • Management Agent means the property management company which oversees the property management functions for the Apartment Housing and which is on-site at the Apartment Housing. The initial Management Agent shall be Xxxxxxxx Valley Management, Inc.

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Trustee means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.

  • institutional trustee means the Trustee.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

  • relevant trust means a trust established out of funds provided by the Secretary of State in respect of persons who suffered, or who are suffering, from variant Creutzfeldt-Jakob disease for the benefit of persons eligible for payments in accordance with its provisions;

  • 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.

  • Property Trustee means the commercial bank or trust company identified as the "Property Trustee" in the preamble to this Trust Agreement solely in its capacity as Property Trustee of the Trust formed and continued hereunder and not in its individual capacity, or its successor in interest in such capacity, or any successor "Property Trustee" as herein provided.

  • U.S. Trustee means the Office of the United States Trustee for the Southern District of Texas.

  • Plan Trustee means the Person appointed pursuant to Article V of the Plan and the Plan Trust Agreement for the purpose of acting as Trustee of the Plan Trust in accordance with the terms and conditions contained in the Plan, the Plan Trust Agreement and the Confirmation Order.