Initial Trust Receipt definition

Initial Trust Receipt. With respect to any Mortgage Loan, as defined in the related Custody Agreement.
Sample 1Sample 2Sample 3
Initial Trust Receipt. As defined in the Custody Agreement.
Sample 1Sample 2Sample 3

Examples of Initial Trust Receipt in a sentence

  • Each Custodian on behalf of the Trustee, will execute and deliver to the Trustee and the Depositor an Initial Trust Receipt and Schedule of Exceptions, on the Closing Date in the forms required by the related Custody Agreement.

  • The Custodian on behalf of the Trustee, will execute and deliver to the Trustee and the Depositor an Initial Trust Receipt and Schedule of Exceptions, on the Closing Date in the forms required by the Custody Agreement.

  • Custodian’s Receipt, Examination and Certification of Mortgage Files; Initial Trust Receipt Delivered by the Custodian.

  • Application of Chapter 10 of the Catalist Rules Upon Shareholders’ approval of the Proposed Diversification having been obtained, any acquisition or disposal which is in, or in connection with, the Proposed Diversification, may be deemed to be in the Group’s ordinary course of business and therefore not fall under the definition of a "transaction" under Chapter 10 of the Catalist Rules.

  • Example: Charles reported $500 interest income from Series EE Bonds.

  • The Custodian on behalf of the Trustee, will execute and deliver to the Trustee and the Depositor an Initial Trust Receipt and Schedule of Exceptions, on the Closing Date in the forms required by the Custodial Agreement.

  • Owner and FSM acknowledge and agree that a breach of Section 4 or Section 5 of this Restated Option Agreement by Owner or FSM cannot be adequately compensated in an action for damages at law, and equitable relief would be necessary to protect Parent from a violation of this Restated Option Agreement and from the harm that this Restated Option Agreement is intended to prevent.

  • With respect to each Mortgage Loan, the Custodian shall indicate on the exception report attached to the Initial Trust Receipt whether (i) any of the documents required to be delivered pursuant to Section 2 of the Standard Terms are not present, (ii) the Mortgage delivered pursuant to Section 2 of the Standard Terms Agreement is not a certified copy, and (iii) the power of attorney delivered pursuant to Section 2 of the Standard Terms Agreement is not an original.

  • Following delivery of an Initial Trust Receipt to the Owner by the Custodian until delivery of a Final Certification by the Custodian with respect to each Mortgage Loan listed on the Mortgage Loan Schedule delivered on each Closing Date, the Custodian shall deliver to the Owner, once a month and, additionally, upon the request of the Owner, an update to the exception report delivered with the Initial Trust Receipt.

Related to Initial Trust Receipt

  • Initial Trustee shall have the meaning defined in the preamble hereto.

  • Trust Receipt shall have the meaning set forth in the Custodial Agreement.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • NIM Trustee The trustee for the NIM Securities.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • or "INSTITUTIONAL TRUSTEE means the Trustee;

  • Statutory Trust Statute means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in August of each year, commencing in August 2024.

  • Successor Institutional Trustee has the meaning set forth in Section 4.3(a).

  • Delaware Trust Statute means the Delaware Statutory Trust Act, Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. § 3801 et seq., as the same may be amended from time to time.

  • 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.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

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

  • Debenture Trustee means The Bank of New York, a New York banking corporation, as trustee under the Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.

  • 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.

  • Delaware Statutory Trust Statute means the provisions of the Delaware Statutory Trust Act, 12 Del. C.ss.3801, et. seq., as such Act may be amended from time to time.

  • 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.

  • 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.

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • 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.

  • Certificate of Trust means the Certificate of Trust in the form of Exhibit B to be filed for the Trust pursuant to Section 3810(a) of the Statutory Trust Statute.

  • Pass Through Trust Agreement means each of the two separate Trust Supplements relating to the Pass Through Trusts, together in each case with the Basic Pass Through Trust Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Class A Trust Agreement means the Basic Agreement, as supplemented by the Trust Supplement No. 2016-2A-S thereto, governing the creation and administration of the United Airlines Pass Through Trust 2016-2A-S and the issuance of the Class A Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.