Trustees’ Identity Sample Clauses

Trustees’ Identity a) The Trustees of this Trust shall be ▇▇▇▇▇▇▇▇ McGillicutty and ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ or the survivor of them. If at any time there is only one trustee acting, such Trustee shall have the authority to appoint a Co-Trustee or a Trustee to succeed him/her, in the event of his/her death or resignation. The appointment shall be made by a duly acknowledged written instrument delivered to the successor or successors, or additional Trustee so designated. Any such designation may be revoked at any time prior to its delivery to the person designated. If the designating Trustee or Trustees shall die prior to the delivery of such instrument to the person designated, the executors or administrators of the deceased designating Trustee or Trustees may deliver such instrument. The next successor shall have the power to appoint his or he successor in the same manner. b) If a successor trustee fails to appoint a successor Trustee, then the next successor Trustee, then the next successor Trustee shall be a nonprofit organization that manages Trusts for the disabled. The Trustees named herein are empowered to employ a corporate fiduciary to assist with the management of this Trust. c) Any Trustee may resign by giving notice to take effect on the date specified in said notice. Resignations shall be embodied in a written, signed and acknowledge instrument delivered to (1) the Settlor, if living, 2) any beneficiary (or if the beneficiary is a minor, to his parent or guardian or to the person with whom he resides), or 3) any other acting Trustee. d) A successor or additional Trustee shall qualify by giving notice of acceptance of the trust. Such notice shall be embodied in a written, signed and acknowledged instrument delivered to any then acting Trustee, or if none, to 1) the Settlor, if living, or 2) any beneficiary (or if the beneficiary is a minor, to his parent or guardian or to the person with whom he resides).
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Related to Trustees’ Identity

  • Separate Identity The Seller acknowledges that the Administrative Agent, the Lenders and the other Secured Parties are entering into the transactions contemplated by the Credit Agreement in reliance upon the Buyer’s identity as a legal entity that is separate from the Seller and each other Affiliate of the Seller. Therefore, from and after the date hereof, the Seller will take all reasonable steps to maintain the Buyer’s identity as a legal entity that is separate from the Seller and each other Affiliate of the Seller and to make it manifest to third parties that the Buyer is an entity with assets and liabilities distinct from those of the Seller and each other Affiliate thereof and not just a division of the Seller or any such other Affiliate (except as otherwise required under GAAP or applicable tax law). Without limiting the generality of the foregoing and in addition to the other covenants set forth herein, the Seller agrees that: (i) the Seller will take all other actions necessary on its part to ensure that the Buyer is at all times in compliance with Section 5.18 of the Credit Agreement (provided, however, that the Seller does not hereby guaranty the solvency of the Buyer or agree to pay any of the Buyer’s obligations or liabilities); (ii) the Seller shall maintain corporate records and books of account separate from those of the Buyer; (iii) the annual financial statements of the Seller shall disclose the effects of the Seller’s transactions in accordance with GAAP and the annual financial statements of the Seller shall not reflect in any way that the assets of the Buyer, including, without limitation, the Collateral, could be available to pay creditors of the Seller or any other Affiliate of the Seller; (iv) the resolutions, agreements and other instruments underlying the transactions described in this Agreement shall be continuously maintained by the Seller as official records; (v) the Seller shall maintain an arm’s-length relationship with the Buyer and will not hold itself out as being liable for the debts of the Buyer; (vi) except as otherwise permitted under the Credit Agreement, the Seller shall keep its assets and its liabilities wholly separate from those of the Buyer or, other than by reason of owning equity interests of the Buyer, for any decisions or actions relating to the Buyer; (vii) the Seller will avoid the appearance, and promptly correct any known misperception of any of the Seller’s creditors, that the assets of the Buyer are available to pay the obligations and debts of the Seller; (viii) to the extent that the Seller services the Collateral and performs other services on the Buyer’s behalf, the Seller will clearly identify itself as an agent for the Buyer in the performance of such duties; provided, however, that the Seller will not be required to so identify itself when communicating with the Obligors not in its capacity as agent for the Buyer but rather in its capacity as agent for a group of lenders; and (ix) the Seller shall take or refrain from taking, as applicable, each of the activities specified or assumed in the true sale and non-consolidation opinions of Dechert LLP delivered on the Warehouse Closing Date, upon which the conclusions expressed therein are based.

  • Disclosure of Names and Addresses of Holders Every Holder of Securities or coupons, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any Authenticating Agent nor any Paying Agent nor any Security Registrar shall be held accountable by reason of the disclosure of any information as to the names and addresses of the Holders of Securities in accordance with TIA Section 312, regardless of the source from which such information was derived, and that the Trustee shall not be held accountable by reason of mailing any material pursuant to a request made under TIA Section 312(b).

  • If Identified If the HSP is Identified it will: (a) work towards applying the principles of Active Offer in the provision of services; (b) provide services to the public in French in accordance with its existing French language services capacity; (c) develop, and provide to the Funder upon request from time to time, a plan to become Designated by the date agreed to by the HSP and the Funder; (d) continuously work towards improving its capacity to provide services in French and toward becoming Designated within the time frame agreed to by the parties; (e) provide a report to the Funder that outlines progress in its capacity to provide services in French and toward becoming Designated; (f) annually, provide a report to the Funder that outlines how it addresses the needs of its local Francophone community; and (g) collect and submit to the Funder, as requested by the Funder from time to time, French language services data.

  • Trustees May Own Certificates The Trustee, the Delaware Trustee or any agent or affiliate of such trustee, in its individual or any other capacity, may become the owner or pledgee of Certificates with the same rights it would have if it were not trustee.

  • Non-Identification Approved Users agree not to use the requested datasets, either alone or in concert with any other information, to identify or contact individual participants from whom data and/or samples were collected. Approved Users also agree not to generate information (e.g., facial images or comparable representations) that could allow the identities of research participants to be readily ascertained. These provisions do not apply to research investigators operating with specific IRB approval, pursuant to 45 CFR 46, to contact individuals within datasets or to obtain and use identifying information under an 2 The project anniversary date can be found in “My Projects” after logging in to the dbGaP authorized-access portal. IRB-approved research protocol. All investigators including any Approved User conducting “human subjects research” within the scope of 45 CFR 46 must comply with the requirements contained therein.