Grantor Trust Y definition

Grantor Trust Y. The portion of the Trust Fund consisting of (i) any Additional Interest with respect to the ARD Trust Mortgage Loans after their respective Anticipated Repayment Dates and (ii) amounts held from time to time in the Additional Interest Account that represent Additional Interest, intended to be treated as a "grantor trust" within the meaning of the Grantor Trust Provisions.
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Grantor Trust Y. The Grantor Trust designated as such in Section 2.09(b).
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Grantor Trust Y. That certain "grantor trust" (within the meaning of the Grantor Trust Provisions), the assets of which consist of any Additional Interest with respect to the Trust Converting Loan and any successor Trust REO Loans accruing during its adjustable interest rate period and amounts held from time to time in the Collection Accounts and/or the Trust Converting Loan Additional Interest Account.
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Examples of Grantor Trust Y in a sentence

  • In Article 2.1, the Agreement grants FDOT “a nonexclusive, perpetual, nontransferable, license under [the] respective Patent Rights.” Applying the logic of the foregoing federal decisions, the trial court concluded “as a matter of law” that “the Agreement does not constitute a purchase of personal property, tangible or intangible.

  • The Servicing Accounts shall not be considered part of the segregated pool of assets constituting any REMIC Pool or Grantor Trust Y.

  • The Trustee acknowledges the assignment to it of the respective assets, rights and other property comprising the REMIC Pools and Grantor Trust Y, and declares that it holds and will hold the same in trust for the exclusive use and benefit of all present and future Holders of: (i) in the case of the REMIC Pools, the Regular Certificates and the Class R Certificates; and (ii) in the case of Grantor Trust Y, the Class Y Certificates.

  • Section 2.05 Acceptance of REMIC I, Grantor Trust Y and Grantor Trust Z by Trustee....................................

  • The Class Y Certificates are hereby designated as representing an undivided beneficial interest in Grantor Trust Y, and the Class A-2FL Certificates are hereby designated as representing an undivided beneficial interest in Grantor Trust A-2FL.

  • The Class A-MFL Certificates, the Class A-1, A-2A, XC and XW Certificates and the Class Y Certificates are hereby designated as representing an undivided beneficial interest in Grantor Trust A-MFL, Grantor Trust ED and Grantor Trust Y, respectively.

  • Law No. 04/2013 of 08/02/2013 Relating to Access to Information Article 6: Public interest in disclosure of informationA public organ or private body shall disclose information where the public interest overrides the interest of not disclosing that information.Considerations when deciding what amounts to public interest: 1.


More Definitions of Grantor Trust Y

Grantor Trust Y means the Grantor Trust designated as such in SECTION 2.13(A).
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Related to Grantor Trust Y

  • Grantor Trust means a Trust other than a RIC.

  • Grantor Trust Provisions Subpart E of part I of subchapter J of the Code and Treasury Regulations Section 301.7701-4(c).

  • 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.

  • REMIC III Certificateholder The Holder of any REMIC III Certificate.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Adverse Grantor Trust Event Either: (i) any impairment of the status of the Grantor Trust Pool as a Grantor Trust; or (ii) the imposition of a tax upon the Grantor Trust Pool or any of its assets or transactions.

  • Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Note A-2 Trust Fund means the trust formed pursuant to the Note A-2 PSA.

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of the Indenture for the benefit of the Noteholders (including all Collateral Granted to the Indenture Trustee), including all proceeds thereof.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Titling Trust Agreement means the Amended and Restated Trust Agreement, dated as of April 30, 2012, by and between GE Capital Title Holding Corp., a Delaware corporation, as settlor and initial beneficiary and Wilmington Trust Company, a Delaware trust company, as UTI trustee, Administrative trustee and Delaware trustee.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Master Trust means Citibank Credit Card Master Trust I.

  • Note A-3 Trust Fund means the trust formed pursuant to the Note A-3 PSA.