NIM Trust definition

NIM Trust. A Delaware statutory trust or other special-purpose entity that is the issuer of the securities issued in connection with a NIM Issuance (if any).

NIM Trust. Any trust created to hold the Class X Certificates that issues notes that are secured by distributions on the Class X Certificates.

NIM Trust. GSAMP NIM Trust 2002-WFN, a Delaware statutory trust.

Examples of NIM Trust in a sentence

• In the event of a NIM Issuance, the Swap Contract Administrator further agrees to perform the duties set forth in the related Swap Excess Assignment Agreement for the benefit of CHL, the related NIM Trust and the related Indenture Trustee.

• An issuance by a NIM Trust, on or after the date hereof, of asset-backed notes secured by the Class C Certificates and/or Class P Certificates.

• The Class X Certificates shall be allocated 1% of the Voting Rights; provided, however, for so long as the Class X Certificates, or any portion thereof, are held in a NIM Trust, the holders of the Class X Certificates shall not be entitled to exercise any Voting Rights with respect to their Certificates and the Voting Rights otherwise allocable to the Class X Certificates shall be allocated to the other Classes of Certificates other than the Class P and Class AR Certificates.

• Any terms proposed in Seller's acceptance of Buyer's Order which add to, vary from, or conflict, with the terms herein unless expressly agreed to in writing by Buyer's authorized representatives, are hereby rejected.

• On September 27, 2002, or such other date as to which the Depositor notifies the Trustee, the Depositor hereby directs the Trustee to transfer the Class X Certificates and the Class P Certificates as follows: "Deutsche Bank National Trust Company, as Indenture Trustee on behalf of the Noteholders of the GSAMP NIM Trust 2002-WMC1N," and to deliver such Class X Certificates and Class P Certificates to Deutsche Bank National Trust Company, as indenture trustee.

More Definitions of NIM Trust

NIM Trust. Morgan Stanley ABS Capital I Inc. NIM Trust 2004-HE1N, a Delaware statuxxxx xrxxx.

NIM Trust. Morgan Stanley ABS Capital I Inc. NXX Xxxsx 0000-NC4N, a Delaware statutory trust.

NIM Trust. Morgan Stanley Dean Witter Capital I Inc. NIM Trust 2002-OP1N, a Dxxxxxxe xxxxxxxx xxxxx.

NIM Trust. With respect to any Floater Loan Group, any trust created to hold the Economic Residual Floater Certificates for such Floater Loan Group and issue debt instruments that are secured by distributions on such Economic Residual Floater Certificates.

NIM Trust. Fremont NIM Trust 2005-E, a Delaware statutory trust, or other special purpose entity created to securitize the cashflows relating to the Class C and/or Class P Certificates.

NIM Trust. Xxxxxx Xxxxxxx ABS Capital I Inc. NIM Trust 2003-NC8N, a Delaware statutory trust.

NIM Trust. GSAMP NIM Trust 2002-WMC1N, a Delaware business trust.