Grantor Trust Certificate definition

Grantor Trust Certificate means the trust certificate issued by the Grantor Trust evidencing 100% of the beneficial ownership of the Grantor Trust.

Grantor Trust Certificate means the Grantor Trust Certificate issued by the Grantor Trust to the Issuer in accordance with the Grantor Trust Agreement representing a 100% beneficial ownership interest in the Grantor Trust Estate.

Grantor Trust Certificate. The trust certificate issued by the Grantor Trust evidencing an undivided beneficial ownership interest of 100% of the Grantor Trust.

Examples of Grantor Trust Certificate in a sentence

• Any successor Grantor Trust Trustee appointed pursuant to this Section 10.3 shall promptly file an amendment to the Grantor Trust Certificate of Trust with the Secretary of State identifying the name and principal place of business of such successor Grantor Trust Trustee in the State of Delaware.

• The entries in the Grantor Trust Certificate Register shall be conclusive absent manifest error.

• The Grantor Trust Trustee, in its capacity as “Grantor Trust Certificate Registrar” (the “Grantor Trust Certificate Registrar”) shall maintain at its Corporate Trust Office, or at the office of any agent appointed by it and approved in writing by the Grantor Trust Certificateholders at the time of such appointment, a register (the “Grantor Trust Certificate Register”) for the registration and transfer of any Grantor Trust Certificate.

• Without limiting the foregoing, the Grantor Trust Seller may Grant the Grantor Trust Certificate to the Indenture Trustee pursuant to the Indenture for the benefit of the Noteholders.

• Subject to the foregoing, a Grantor Trust Certificateholder may assign, convey or otherwise transfer all or any of its right, title and interest in the related Grantor Trust Certificate, subject to the restrictions set forth herein.

More Definitions of Grantor Trust Certificate

Grantor Trust Certificate. The pass-through certificate issued pursuant to this Agreement, in substantially the form attached hereto as Exhibit A.

Grantor Trust Certificate. Any of the Class A Grantor Trust Certificate or Class B Grantor Trust Certificate.

Grantor Trust Certificate. The pass-through certificate issued pursuant to this Agreement, in substantially the form attached hereto as Exhibit A. Grantor Trustee: U.S. Bank National Association, or any successor grantor trustee appointed as herein provided.

Grantor Trust Certificate. Any Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 or Class M-6 Certificate.

Grantor Trust Certificate. Any of the Group I Grantor Trust Certificates and Group II Grantor Trust Certificates.

Grantor Trust Certificate. Any Class of Exchangeable REMIC Certificates or Exchangeable Certificate issued by the Grantor Trust and representing beneficial ownership of one or more Uncertificated REMIC II Regular Interests held by such Grantor Trust.

Grantor Trust Certificate. Any of the Certificates designated as such in Section 2.09.