Excluded Appointments means those Appointments designated from time to time as "Excluded Appointments" by agreement of the parties.
Initial appointment means appointment made otherwise than by promotion or transfer;
Restricted Appointment means (a) any Appointment for which the applicable Authorizations have not been obtained, and (b) any Appointment for which the maturity date of the applicable Corporate Trust Contract is on or before June 30, 2022.
Power of appointment means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over the appointive property. The term does not include a power of attorney.
Serviced Appointment has the meaning set forth in Section 1.1.