Master Trust Trustee definition

Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

Master Trust Trustee means The Bank of New York Mellon, as trustee under, and for the purposes of, the Master Trust Transaction Documents, and any successor thereto.

Master Trust Trustee means The Bank of New York, as trustee under the Pooling and Servicing Agreement and each successor to The Bank of New York in the same capacity.

Examples of Master Trust Trustee in a sentence

• As part of this, the Master Trust Trustee may be asked to approve changes to the investment strategy as proposed by the employer.Full details of other default arrangements are given in the document “Investment implementation for the default arrangement”.

• For example, if your employer is actively involved in their pensions arrangement they may wish to take their own investment advice and retain the responsibility of setting a suitable investment strategy for their members, and reviewing this at least every three years.The Master Trust Trustee retains ongoing responsibility to govern such arrangements in line with their fiduciary duty.

• Any purported transfer by the Beneficiary of all or any part of its right, title and interest in and to the Trust Certificate to any Person will be effective only upon the issuance of a Master Trust Tax Opinion and an Issuer Tax Opinion to the Master Trust Trustee and the Owner Trustee, which will not be an expense of the Owner Trustee or the Trustee Bank.

• Transfers of all or a portion of the Beneficial Interest and the Trust Certificate may be made between Discover Funding and any other Person who is an Affiliate of Discover Bank (a “Permitted Affiliate Transferee”) upon delivery to the Master Trust Trustee and the Owner Trustee of a Master Trust Tax Opinion and an Issuer Tax Opinion with respect to such transfer.

• For example, if your employer is actively involved in their pensions arrangement they may wish to take their own investment advice and retain the responsibility of setting a suitable investment strategy for their members, and reviewing this at least every three years.The Master Trust Trustee retains ongoing responsibility to govern such arrangements in line with their fiduciary duty.

More Definitions of Master Trust Trustee

Master Trust Trustee. The Bank of New York

Master Trust Trustee means Deutsche Bank Trust Company Americas, a New York banking corporation, the institution executing the Pooling and Servicing Agreement as, and acting in the capacity of, trustee thereunder, or its successor in interest, or any successor trustee appointed as provided in the Pooling and Servicing Agreement.

Master Trust Trustee is defined in the Indenture.

Master Trust Trustee means the “Trustee” as defined in the Pooling and Servicing Agreement.

Master Trust Trustee means U.S. Bank National Association, as trustee under the DCMT Pooling and Servicing Agreement, and any successor trustee thereunder, and any trustee under any other Pooling and Servicing Agreement, and any successor trustee thereunder.

Master Trust Trustee has the meaning specified in the first paragraph of this Agreement.

Master Trust Trustee means The Bank of New York as trustee under the Pooling and Servicing Agreement and each successor trustee under the Pooling and Servicing Agreement.