Owner Trust definition

Owner Trust means with respect to any Leased Aircraft, the trust created by the "Trust Agreement" referred to in the Leased Aircraft Indenture related thereto.
Owner Trust means the statutory trust created by this Agreement and the filing of the Certificate of Trust.
Owner Trust means the trust created by this Agreement.

Examples of Owner Trust in a sentence

The Certificateholders shall not have legal title to any part of the Owner Trust Estate.

The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Estate that result from actions by, or claims against, the Owner Trustee that are not related to the ownership or the administration of the Owner Trust Estate.

The Owner Trustee also agrees to disburse all moneys actually received by it constituting part of the Owner Trust Estate upon the terms of the Basic Documents and this Agreement.

Any amounts paid to the Owner Trustee pursuant to this Article VIII shall be deemed not to be a part of the Owner Trust Estate immediately after such payment.

Nothing in this Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in the Owner Trust Estate or under or in respect of this Agreement or any covenants, conditions or provisions contained herein.


More Definitions of Owner Trust

Owner Trust means __________ Home Loan Owner Trust 200_-_ until a successor replaces it and, thereafter, means the successor and, for purposes of any provision contained herein and required by the TIA, each other obligor on the Notes.
Owner Trust. Federal Express Corporation Trust No. N678FE.
Owner Trust. The Issuer.
Owner Trust means Bank of Utah, not in its individual capacity but solely as owner trustee under the Trust Agreement N731BP dated July 26, 2016.
Owner Trust. Federal Express Corporation Trust No. N680FE.
Owner Trust means any trust holding title to any aircraft, 100% of the beneficial ownership of which trust is held by Borrower or any Guarantor.
Owner Trust means the Owner Lessor.