the Trustee definition

the Trustee s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.
the Trustee means the party of the second part hereto, UMB Bank & Trust, n.a., and, subject to the provisions of Article XVIII of the Original Indenture, shall also include its successors and assigns.
the Trustee means the Trustee or Trustees for the time being of this Trust (as named in these terms of trust) whether original, additional or substituted.

Examples of the Trustee in a sentence

  • However, such limit may be raised to 20% with prior approval of the Trustee.

  • However, it may be raised to 20% with the prior approval of the Trustee.

  • Each reference in this Indenture to authentication by the Trustee includes authentication by such agent.

  • The regulations may be changed by the Issuer, with the prior written approval of the Registrar and the Trustee.

  • The AMC Board and the Trustee shall approve the detailed parameters for such investments.


More Definitions of the Trustee

the Trustee means the person appointed as Trustee of the Fund and in this Offering Circular means JCSD Trustee Services Limited.
the Trustee. The Trustee for the time being of the Trust Deed dated the 12th day of October 1989 and made between the Company of the one part and G.S.O’B Trustees Limited of the other part.
the Trustee means the trustee or trustees for the time being of any trust established for the benefit of the employees of the Company and/or Subsidiaries;
the Trustee. The Trustee referred to at the top of This Deed and/or any party that shall serve from time to time as the Trustee of the Bondholders pursuant to This Deed;
the Trustee and concomitant changes in this Section and Section 1007, or the deletion of this proviso, in accordance with the requirements of Sections 611(b) and 901(8), or
the Trustee. S RESPONSIBILITY REGARDING PAYMENTS TO A TRUST BENEFICIARY WHEN THE COMPANY IS INSOLVENT................... 8
the Trustee is the beneficiary of the Limited Guarantee. No later than 1:00 p.m. New York City time on each Remittance Date, after taking into account the amounts allocated to the various Subaccounts in accordance with Section 5(a) hereof, the Trustee shall, in accordance with the related Remittance Report and in accordance with the terms of the Limited Guarantee, notify the Guarantor of any Limited Guarantee Payment Amount payable under the Limited Guarantee on the related Distribution Date. In addition, the Servicer shall notify the Guarantor as soon as practical (but no later than the related Remittance Date) after determining that a Limited Guarantee Payment Amount shall be payable under the Limited Guarantee on the related Distribution Date. Under the Limited Guarantee, upon receipt of notice as described above, the Guarantor shall be required to deliver the Limited Guarantee Payment Amount, if any, on or prior to the Remittance Date for the related Distribution Date. Such Limited Guarantee Payment Amount received by the Trustee shall be paid to the Holders of the Class B-2 Certificates on such Distribution Date (or such later date, if such amounts are received subsequent to such Distribution Date). In no event shall the Limited Guarantee Payment Amount be distributed on any Class of Certificates other than the Class B-2 Certificates and any such amounts received by the Trustee which are not distributable to the Class B-2 Certificates shall be returned by the Trustee to the Guarantor. The Trustee shall promptly notify the Rating Agencies in the event a Limited Guarantee Payment Amount, if any, is not received in a timely manner with respect to a Distribution Date. Any Limited Guarantee Payment Amounts made by the Guarantor to the Trustee shall be made in cash and shall be considered to be payments made to the Issuing REMIC in the nature of a guarantee within the meaning of I.R.C. ss. 860G(d)(2)(B).