Examples of Trust Officer in a sentence
In determining whether the Holders of the required principal amount of Notes have concurred in any direction, waiver or consent, Notes owned by the Issuer or any Guarantor, or by any Affiliate of the Issuer or any Guarantor, will be considered as though not outstanding, except that for the purposes of determining whether the Trustee will be protected in relying on any such direction, waiver or consent, only Notes that a Trust Officer knows are so owned will be so disregarded.
Any such appointment shall be evidenced by an instrument signed by a Trust Officer, a copy of which shall be furnished to the Company.
All actions and decisions of the Trust Officer must be conducted exclusively out of the Calgary Office.
The Trust Officer shall have sole responsibility for managing and maintaining the client relationship between the Trustee and the Company.
U.S. BANK NATIONAL ASSOCIATION, as Trustee By: Trust Officer (SEAL) ST.