Trustee Party definition

Trustee Party means at any time, a person holding office as trustee of the Trust at such time (whether or not a party to this Agreement).
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Trustee Party means, at any time, a person holding office as trustee of the Trust at such time (whether or not a party to this Agreement); and
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Trustee Party means the Manager, its directors, officers, employees, agents and consultants;
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Examples of Trustee Party in a sentence

  • The Company need not pay for any settlement made by the Trustee or any Trustee Party without the Company’s written consent, such consent not to be unreasonably withheld.

  • The Trustee shall notify the Company promptly of any claim of which a Responsible Officer has received notice or of which a Responsible Officer has otherwise become aware for which the Trustee or any Trustee Party (as defined below) may seek indemnity.

  • The Company need not reimburse any expense or indemnify against any loss, damage, claim, liability or expense caused by or resulting from the willful misconduct or negligence of the Trustee or a Trustee Party.

  • Once Party A notifies Party C in writing to fully or partially terminate this Agreement or change the Trustee, Party C shall immediately revoke the entrustment and authorization granted to Party A and the Trustee hereunder, and shall, as instructed by Party A in writing, immediately sign a Power of Attorney in the same form of the Power of Attorney as Appendix 1 hereto to grant the same authorization and entrustment hereunder to the other person or entity designated by Party A.

  • The Issuers need not pay for any settlement made by the Trustee or any Trustee Party without the Issuers’ written consent, such consent not to be unreasonably withheld.

  • The Issuers need not reimburse any expense or indemnify against any loss, damage, claim, liability or expense caused by or resulting from the willful misconduct or gross negligence of the Trustee or a Trustee Party (as adjudicated by a court of competent jurisdiction in a final non-appealable decision).

  • Any settlement which affects a Trustee Party may not be entered into without the consent of the Trustee, unless the Trustee and the applicable Trustee Party is given a full and unconditional release from liability with respect to the claims covered thereby and such settlement does not include a statement or admission of fault, culpability, or failure to act by or on behalf of the Trustee or the applicable Trustee Party.

  • The Trustee shall notify the Issuers promptly of any claim of which a Responsible Officer has received notice or of which a Responsible Officer has otherwise become aware for which the Trustee or any Trustee Party (as defined below) may seek indemnity.

  • The provisions of this clause 6.1 do not apply to any obligation or liability of a Trustee Party to the extent that it is not satisfied because under the trust deed establishing the Relevant Trust or by operation of law there is a reduction in the extent of that Trustee Party’s indemnification out of the assets of the Relevant Trust, as a result of that Shareholder or Trustee’s fraud, negligence, breach of trust or wilful default.

  • A Trustee Party is not obliged to do or refrain from doing anything under this deed (including, without limitation, incur any liability) unless that Trustee Party’s liability is limited in the same manner as set out in clauses 6.1(a) to 6.1(d).


More Definitions of Trustee Party

Trustee Party has the meaning set forth in Section 8.2.
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Trustee Party has the meaning set forth in Section 9.16.
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Trustee Party means CCSL or CFML, as the case requires. 21.3 CCSL and CFML’s Limitation Of Liability
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Trustee Party means MWG and its directors, officers, employees, agents and consultants; “TSX” means the Toronto Stock Exchange;
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Trustee Party shall have the meaning set forth in the recitals to this Agreement.
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Trustee Party means, at any time, a person holding office as trustee of the Trust at such time (whether or not a party to these Terms); and
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Related to Trustee Party

  • NIM Trustee The trustee for the NIM Securities.

  • indenture trustee or “institutional trustee” means the Trustee.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Lead Servicer means the master servicer designated under the Note A-1 PSA.

  • Special Servicer means the special servicer appointed to act in such capacity with respect to the Mortgage Loan as provided in the Lead Securitization Servicing Agreement.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • 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.

  • Indenture Trustee Fee means a fee that is separately agreed to between the Master Servicer and the Indenture Trustee.

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in June of each year, commencing in 2017.

  • Trust Administrator [______________] Independent Accountants:

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Trustee Functions means the functions set out in paragraph 6;

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

  • Co-Trustee has the meaning set forth in the Basic Servicing Agreement.

  • Lead Depositor means the Depositor under the Lead Securitization Servicing Agreement.

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

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Backup Servicer means Wxxxx Fargo Bank, National Association, in its capacity as Backup Servicer under this Agreement.