Examples of Trust Agent in a sentence
Trust Agent: All security deposits made by the Customer will be held by Lloyds TSB Bank plc as the Trust Agent.
Cleared Fund: Means the amount of security deposited by the Customer has been received by the Trust Agent and is subsequently available for the Customer to spend.
Upon distribution of all the Liquidating Trust Assets, the Liquidating Trust Board shall designate a Liquidating Trust Agent to retain all books and records pertaining to the Debtors or the Liquidating Trust that have been delivered to or created by the Liquidating Trust, subject to the provisions of Section 12.3.
To this end, the Borrower shall: (a) carry out Part 1 and Part 3 of the Project through MEN; and (b) carry out Part 2 of the Project through MEN with the administrative assistance of the Trust Agent (pursuant to the Trust Agreement) in accordance with the provisions of Article V of the General Conditions.
For the purposes of carrying out Part 2 of the Project, the Borrower, through MEN, shall enter into a separate tripartite Rural Education Sub-project agreement with each Territorial Entity and the Trust Agent, under terms and conditions acceptable to the Bank (as outlined in the Operational Manual).