Trustee Notice Clause Samples
The Trustee Notice clause establishes the requirement and procedure for informing the trustee about certain events, actions, or information relevant to the trust or agreement. Typically, this clause specifies how notices must be delivered to the trustee—such as by mail, email, or other agreed methods—and may outline the timeframe within which the trustee must be notified. Its core practical function is to ensure that the trustee receives timely and proper communication, thereby enabling the trustee to fulfill their duties effectively and reducing the risk of misunderstandings or missed obligations.
Trustee Notice. Trustee is not obligated to notify any party hereto of any pending sale under any other deed of trust or of any action or proceeding in which Grantor, Beneficiary or Trustee shall be a party, unless brought by Trustee.
Trustee Notice. The Trustee shall forthwith give notice to the Issuer and the Principal Paying Agent of any change in the person or persons comprising the Trustee.
Trustee Notice. Buyer, simultaneously with the Closing, will deliver to the trustee of the Trust Account of Buyer instructions to disburse the funds therein to Buyer.
Trustee Notice. The notice described in Section 3.03(h)(v) of this Agreement shall be delivered personally, or mailed by United States mail postage prepaid, express delivery service, or electronic transmission to the Trustees at their respective addresses provided to HTS. Attendance of a Trustee at any meeting shall constitute a waiver of the notice required by this Section 3.03(h)(vi), except where the Trustee attends for the express purpose of objecting to the transaction of any business on the ground that the meeting is not lawfully called or convened.
Trustee Notice. If the Senior Notes are outstanding immediately prior to the Closing, on the Closing Date, Holdco shall notify the trustee under the Senior Note Indenture in writing of Holdco’s assumption of obligations under and in respect of the Senior Note Documents and the Collateral Documents pursuant to this Agreement.
Trustee Notice. CUAQ, simultaneously with the Closing, will deliver to the Trustee of the Trust Account of CUAQ a termination letter pursuant to the Trust Agreement to liquidate such Trust Account and disburse the funds therein to the Vendors or their designees and to CUAQ.
Trustee Notice. Section 31 of the Agreement is amended to delete any reference to a Change of Control, Section 31, as amended, shall read as follows:
Trustee Notice. If the Senior Notes are outstanding immediately prior to the Closing, on the Closing Date, Holdco shall notify the trustee under the Senior Note Indenture in writing of Holdco’s assumption of obligations under and in respect of the Senior Note Documents and the Collateral Documents pursuant to this Agreement. 4.17. Parent Guaranty. Parent hereby irrevocably and unconditionally guarantees all of the obligations of Skynet under this Agreement (including obligations under Article VII). 4.18.
Trustee Notice. The Trustee shall promptly forward to -------------- each Beneficiary and BNP a copy of any notices it receives under this Agreement.
Trustee Notice. The Buyer, simultaneously with the Closing, will deliver to Continental Stock Transfer & Trust Company, the trustee of the Trust Fund, instructions in accordance with Exhibit A of that certain Investment Management Trust Agreement, dated as of August 24, 2004, by and between the Buyer and Continental Stock Transfer & Trust Company, which instructions shall cause the immediate disbursement of the funds contained therein to the Buyer.