Underlying Trust Sample Clauses
The Underlying Trust clause defines the foundational legal entity or trust structure upon which the agreement is based. It typically specifies the name, type, and relevant details of the trust, ensuring all parties are clear about the entity holding the assets or interests involved. This clause is essential for establishing the legal context and ownership framework, thereby preventing ambiguity about which trust governs the rights and obligations under the agreement.
Underlying Trust. First Horizon Alternative Mortgage Securities Trust 2005-FA2, a common law trust created pursuant to the Underlying PSA.
Underlying Trust. The TBW Mortgage-Backed Trust Series 2006-2 created pursuant to Section 2.01 of the Underlying Pooling Agreement and relating to the Underlying Certificates.
Underlying Trust. 32 Underwriter...................................................................................32 U.S. Person...................................................................................32