Master Trusts definition

Master Trusts means GWG DLP Master Trust II, a Delaware statutory trust and any future master trust that may be created, or wholly-owned or partially-owned, by Borrower and its Subsidiaries.
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Master Trusts means the collective reference to the Prime Master Trust and the Prime II Master Trust.
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Master Trusts shall have the meaning specified in the Recitals of this Agreement.
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Examples of Master Trusts in a sentence

  • Retirement Plan of Aluminum Company of America Master Trusts ▇▇▇▇▇▇▇ ▇▇▇▇ Rainwater Trust Rosewood Real Estate Equities, Inc.

  • The SEC, Master Trust, or Master Trust's authorized representatives, shall have access to such books and records at all times during Custodian's normal business hours.

  • When fractional shares of stock of a declaring corporation are received as a stock distribution, Custodian is authorized to sell the fraction received and credit Master Trust's account.

  • Where warrants, options, tenders or other securities have fixed expiration dates, Master Trust understands that in order for Custodian to act, Custodian must receive Master Trust's instructions at its offices in New York, addressed as Custodian may from time to time request, by no later than noon (New York City time) at least one (1) business day prior to the last scheduled date to act with respect thereto (or such earlier date or time as Custodian may reasonably notify Master Trust).

  • Upon the reasonable request of Master Trust, copies of any such books and records shall be provided by Custodian to Master Trust or Master Trust's authorized representative, and Master Trust shall reimburse Custodian reasonable expenses for providing such copies.

  • It is solely the Master Trust's responsibility to furnish BNY from time to time with copies, properly certified or authenticated, of all amendments of or supplements to the foregoing, and BNY will not be held to have knowledge of any such amendments or supplements until the same are actually received by BNY.

  • The issuance by each Portfolio of Shares in exchange for the investment by each Fund has been duly authorized by the Master Trust's Board of Trustees.

  • The Borrower (including in its capacity as Master Servicer), GWG DLP Funding II, LLC, Subsidiaries, or the Master Trusts shall fail to make when due any payment or deposit to be made by it under this Agreement or any other Transaction Document, which failure shall have continued for thirty (30) Business Days, or any Loan is not paid in full on the Maturity Date therefore, subject to the Extension Period set forth in Section 4.3 above.

  • The Borrower shall, and shall cause GWG DLP Funding II LLC, Subsidiaries, and the Master Trusts to, defend the Collateral against all lawsuits and statutory claims and liens of all Persons at any time claiming the same or any interest therein adverse to the Master Collateral Agent, GWG Trust, GWG Trustee or the Secured Parties that could reasonably be expected to have a Material Adverse Effect.

  • An Event of Bankruptcy shall have occurred with respect to the Borrower, GWG DLP Funding II, LLC, or the Master Trusts.


More Definitions of Master Trusts

Master Trusts means GWG DLP Master Trust II, a Delaware statutory trust and any future master trust that may be created, or wholly-owned or partially-owned, by Borrower and its Subsidiaries. “Master Trust Agreements” means the Trust Agreement among the Trustee, ▇▇▇▇▇ Fargo Delaware Trust Company and GWG DLP Funding II, LLC pursuant to which the GWG DLP Master Trust II is established and any future trust agreement pursuant to which any Master Trust may be created or owned by Borrower and its Subsidiaries, as the same may be amended, supplemented or otherwise modified from time to time in accordance with the Transaction Documents. “Material Adverse Effect” means, with respect to any event or circumstance, a material adverse effect on: (a) the business, assets, financial conditions or operations of the Borrower; (b) the ability of the Borrower to perform its obligations under this Agreement or any other Transaction Document to which such Person is a party; (c) the validity or enforceability against the Borrower, the Master Trusts, the Originator or the Master Servicer of this Agreement or the other Transaction Documents to which such Person is a party; (d) the status, existence, perfection or priority of (i) the Master Collateral Agent’s security interest in the Conveyed Property, (ii) the Master Trusts’ ownership interest in the Conveyed Property transferred, or purported to have been transferred, to it, or (iii) GWG Trust’s security interest in the Collateral; or 9
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Related to Master Trusts

  • Master Trust means Citibank Credit Card Master Trust I.

  • 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.

  • Other Trusts Means the Continental Airlines Pass Through Trust 2001-1A-1-O, the Continental Airlines Pass Through Trust 2001-1A-2-O and the Continental Airlines Pass Through Trust 2001-1B-O, created by the Other Agreements.

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

  • Master Trust Deed means the Master Trust Deed dated 8 October 1997 between Party B and the Manager, as amended from time to time.