Examples of Trust Estate in a sentence
Pursuant to the Trustee Services Agreement, the Trustee has assigned the Trust Estate to the Servicer, other than the Insurance Policy, which has been issued directly to the Trustee as Named Insured.
If the sources comprising the Trust Estate do not provide funds sufficient to make payments on the Series 2023-A Notes and Series 2024-A Notes, the Issuer is under no obligation to make such payments.
Notwithstanding the foregoing, the Issuer’s obligation to make payments on the Series 2023-A Notes and Series 2024-A Notes is limited to the components of the Trust Estate.
The Trustee (or the Servicer, if applicable) may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims allowed in any judicial proceeding relative to the Trust Estate, the Issuer, the Servicer, or any other person, its and/or their creditors or its and/or their property.
Trust Estate May Be Vested in Separate Trustees or Co-Trustee 66 Section 8.16.