Additional Trustee Sample Clauses

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Additional Trustee. The voting Trustee for the time being shall have the power and authority by a consent in writing filed with Scottsdale Scientific, Inc. and a copy of which shall be mailed to the Beneficiary at his address as the same shall appear upon the books of the Trustee, to add from time to time one or more Trustees to the number of Trustees under this Agreement, provided, however, that no person shall be so added as a Trustee unless he or she shall at the time of his or her designation as a Trustee be the holder of not less than one thousand (1,000) shares of the common stock of Scottsdale Scientific, Inc. at the time of his or her acceptance of the designation as a Trustee and as a condition to his or her becoming such a Trustee, shall be transferred by him or her to the Trustee under the terms and provisions of this Agreement, and provided further that such person so designated shall continue to be a Stockholder of record with respect to at least one thousand (1,000) shares of the common stock of Scottsdale Scientific, Inc. Any Trustee so appointed and added shall immediately become vested with all the rights, property, powers and authority vested in Trustee pursuant to this agreement.
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Additional Trustee. 2 Affiliate...........................................................2
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Additional Trustee. This JOINDER AGREEMENT – ADDITIONAL TRUSTEE made by [ ], in its capacity as trustee under the Additional Indenture (as defined below) (the “ Additional Trustee”) is dated as of [ ], 20[_] (this “Trustee Joinder”), and joins the Additional Trustee as a Trustee under the Subordination Agreement, dated as of October 29, 2020 (as amended, amended and restated, supplemented and otherwise modified from time to time, the “Subordination Agreement”), among CITIBANK, N.A., in its capacity as administrative agent under the Credit Agreement (in such capacity, together with its successors and assigns in such capacity, the “Agent”), HSBC BANK CANADA, as the Canadian Lender (the “Canadian Lender”), N▇▇▇▇▇ INDUSTRIES LTD., a Bermuda exempted company (the “Issuer”), N▇▇▇▇▇ INDUSTRIES, INC., a Delaware corporation (the “Borrower”), the Specified Subsidiary Guarantors party thereto and [ ], in its capacity as trustee under the Initial Indenture (as the initial trustee, the “Initial Trustee” and together with the Additional Trustee, each a “Trustee”), for the benefit of the holders of the obligations under the Initial Indenture.
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Additional Trustee. While the Settlor is living, the Settlor may by acknowledged instrument at any time or from time to time appoint one or more additional individual Co-Trustees of the trust created under Article II. After the death of the Settlor, the Trustee (acting by majority) may by acknowledged instrument at any time or from time to time appoint one or more additional individual Co-Trustees of any trust created under this Trust Agreement.
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Additional Trustee 
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Related to Additional Trustee

  • Initial Trustee Upon his execution of this Declaration of Trust or a counterpart hereof or some other writing in which he accepts such Trusteeship and agrees to the provisions hereof, the individual whose signature is affixed hereto as Initial Trustee shall become the Initial Trustee hereof.

  • Delaware Trustee The name and business address of the trustee of the Trust in the State of Delaware is Wilmington Trust Company, ▇▇▇▇▇▇ Square North, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇.

  • Duties of Delaware Trustee (a) The Delaware Trustee is appointed to serve as the trustee of the Trust in the State of Delaware for the sole purpose of satisfying the requirement of Section 3807(a) of the Statutory Trust Statute that the Trust have at least one trustee with a principal place of business in Delaware. It is understood and agreed by the parties hereto that the Delaware Trustee shall have none of the duties or liabilities of the Trustee. (b) The duties of the Delaware Trustee shall be limited to (i) accepting legal process served on the Trust in the State of Delaware, (ii) the execution of any certificates with respect to the Trust required to be filed with the Secretary of State which the Delaware Trustee is required to execute under Section 3811 of the Statutory Trust Statute and (iii) such other duties as are set forth in this Article VIII. To the extent that, at law or in equity, the Delaware Trustee has duties (including fiduciary duties) and liabilities relating thereto to the Trust or the Holders of the REMIC I Regular Interests or the Certificates, it is hereby understood and agreed by the parties hereto that such duties and liabilities are replaced by the duties and liabilities of the Delaware Trustee expressly set forth in this Agreement.

  • Owner Trustee This Agreement has been signed on behalf of the Grantor by U.S. Bank Trust National Association, not in its individual capacity, but solely in its capacity as Owner Trustee of the Grantor. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Grantor be liable for the Grantor’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee is subject to, and entitled to the benefits of, the Trust Agreement.

  • Successor Owner Trustee Any successor Owner Trustee appointed pursuant to Section 9.2 shall execute, acknowledge and deliver to the Depositor, the Servicer and to its predecessor Owner Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Owner Trustee shall become effective and such successor Owner Trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor under this Agreement, with like effect as if originally named as Owner Trustee. The predecessor Owner Trustee shall upon payment of its fees and expenses deliver to the successor Owner Trustee all documents and statements and monies held by it under this Agreement; and the Depositor and the predecessor Owner Trustee shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Owner Trustee all such rights, powers, duties and obligations. No successor Owner Trustee shall accept appointment as provided in this Section unless at the time of such acceptance such successor Owner Trustee shall be eligible pursuant to Section 9.1. Upon acceptance of appointment by a successor Owner Trustee pursuant to this Section, the Servicer shall mail notice of the successor of such Owner Trustee to the Certificateholder, the Trustee, the Noteholders and the Rating Agencies. If the Servicer shall fail to mail such notice within 10 days after acceptance of appointment by the successor Owner Trustee, the successor Owner Trustee shall cause such notice to be mailed at the expense of the Servicer.