Grantor Trust Certificates definition

Grantor Trust Certificates. Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.
Grantor Trust Certificates. The Class VRR Interest Certificates and the Class S Certificates, collectively.
Grantor Trust Certificates. The Class S Certificates, the V2 Certificates and the Class V1 Certificates, collectively.

Examples of Grantor Trust Certificates in a sentence

  • The Depositor, as of the Closing Date, and concurrently with the execution and delivery of this Agreement, does hereby assign without recourse all the right, title and interest of the Depositor in and to the Class VRR Upper-Tier Regular Interest, the Excess Interest and any other property constituting the Grantor Trust to the Trustee for the benefit of the Holders of the Grantor Trust Certificates.

  • The Certificate Administrator shall execute and cause to be authenticated and delivered to and upon the order of the Depositor, the Grantor Trust Certificates in exchange for the conveyance pursuant to the prior sentence.

  • The Depositor, as of the Closing Date, and concurrently with the execution and delivery of this Agreement, does hereby assign without recourse all the right, title and interest of the Depositor in and to the Class VRR Upper-Tier Regular Interests, the Excess Interest and any other property constituting the Grantor Trust to the Trustee for the benefit of the Holders of the Grantor Trust Certificates.

  • The Depositor, as of the Closing Date, and concurrently with the execution and delivery of this Agreement, does hereby assign without recourse all the right, title and interest of the Depositor in and to the Excess Interest and any other property constituting the Grantor Trust to the Trustee for the benefit of the Holders of the Grantor Trust Certificates and the RR Interest Owner.

  • The Uncertificated VRR Interest shall be issued and the Certificate Administrator shall execute and cause to be authenticated and delivered to and upon the order of the Depositor, the Grantor Trust Certificates in exchange for the conveyance pursuant to the prior sentence.


More Definitions of Grantor Trust Certificates

Grantor Trust Certificates. The Class S Certificates.
Grantor Trust Certificates. The Class RR Certificates and the Class S Certificates, collectively.
Grantor Trust Certificates. The VRR Interest and the Class S Certificates, collectively.
Grantor Trust Certificates. The Exchangeable Certificates and any Excess Interest Certificates, collectively.
Grantor Trust Certificates. The Exchangeable Certificates and the Excess Interest Certificates, collectively.
Grantor Trust Certificates. Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. If there is a Grantor Trust, the Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement. There will be no Grantor Trust. Accordingly, there will be no Grantor Trust Certificates, and all references in this Agreement to “Grantor Trust Certificate” and “Grantor Trust Certificates” shall be disregarded.