Owner Trusts definition

Owner Trusts means each common law trust or statutory trust, the beneficial interest in which is held by a Borrower Group Company, which shall be the common law trusts or the statutory trusts (including any lessee trust) listed on Schedule 5, as the same may be amended, supplemented, replaced or otherwise modified from time to time.
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Owner Trusts means Owner Trust No. 1 and Owner Trust No. 2.
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Owner Trusts means (i) Xxxxxx Trust, a Delaware statutory trust, (ii) Hunterstown Trust, a Delaware statutory trust, and (iii) Choctaw County Trust, a Delaware statutory trust.
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Examples of Owner Trusts in a sentence

  • The Owner Trustee shall not take any action (a) that is inconsistent with the purposes of the Owner Trust set forth in Section 2.03 or (b) that, to the actual knowledge of a Responsible Officer of the Owner Trustee, would result in the Owner Trust's becoming taxable as a corporation for federal income tax purposes.

  • FINOVA is the Owner Participant pursuant to Participation Agreements dated as of July 29, 1998 and as of October 19, 1998 and related Owner Trusts (collectively, the OP Agreements”) relating to the ownership and leveraged leases (the “Leases”) to Atlas of B747-400F aircraft N491 and N493 (the “Aircraft”), respectively.

  • U.S. Bank National Association (formerly known as State Street Bank and Trust Company) serves as owner trustee (“Owner Trustee”) under each of the Owner Trusts, and leases undivided interests in the Facility on behalf of the Owner Trusts to MCV for an initial term of 25 years.

  • CMS Midland Holdings Company (“CMS Holdings”), currently a wholly owned subsidiary of Consumers, acquired a 35% indirect equity interest in the Facility through its purchase of an interest in one of the Owner Trusts.

  • Nothing in this Pass-Through Trust Agreement or in the Certificates, express or implied, shall give to any person, other than the Company, the Pass-Through Trustee, the Owner Trusts, the Owner Participants and the Lease Indenture Trustees, and their respective successors, and the Holders of Certificates, any benefit or any legal or equitable right, remedy or claim under this Pass-Through Trust Agreement.

  • For Tax reporting purposes, the Purchase Price (as adjusted for any liabilities assumed by Buyer) shall be allocated by Seller and Buyer among the assets owned by the Asset Owning Entities and the Owner Trusts interests in which are transferred to Buyer hereunder and the Additional Assets that are transferred to Buyer hereunder, solely in a manner consistent Section 1060 of the Code and the regulations thereunder.

  • This Secured Note is one of the Owner Trust's Series 1997 C-2 Secured Notes, which, together with any Additional Notes and any note or notes issued from time to time in exchange or substitution therefor in accordance with the terms of the Indenture, are equally and ratably secured by the Indenture, except as otherwise provided therein.

  • This Secured Note is one of the Owner Trust's Series 1997 C-1 Secured Notes, which, together with any Additional Notes and any note or notes issued from time to time in exchange or substitution therefor in accordance with the terms of the Indenture, are equally and ratably secured by the Indenture, except as otherwise provided therein.

  • The parties hereto hereby agree that the Lease Indenture Trustee shall have "control" (within the meaning of Section 8-106(d) of the UCC) of the Owner Trust's "security entitlements" (within the meaning of Section 8-102(a)(17) of the UCC) with respect to the financial assets credited to the Lease Indenture Trustee's Account and the Owner Trust hereby disclaims any entitlement to claim "control" of such "security entitlements".

  • If an instrument of acceptance by a successor Pass-Through Trustee shall not have been delivered to the Company, the Owner Trusts, the Owner Participants and the Lease Indenture Trustees within 30 days after the giving of such notice of resignation, the resigning Pass-Through Trustee may petition any court of competent jurisdiction for the appointment of a successor Pass-Through Trustee.


More Definitions of Owner Trusts

Owner Trusts. The unxxxxxxxxx xxreby acknowledges and consents to the terms of this Servicing Transfer Agreement and, subject to and upon the Effective Date with respect to each Owner Trust Transaction and CIBC Transaction, respectively, hereby appoints SST as Successor Servicer with respect to such Transaction. BNY Midwest Trust Company The Bank of New York Not individually, but solely as Not individually, but solely as Indenture Trustee under each of Indenture Trustee under the the Owner Trust Servicing Agreements UACSC 2000-B Servicing Agreement (other than UACSC 2000-B and the CIBC Servicing Agreement By: /s/ Sally Tokich By: /s/ Cassandra D. Shedd --------------------------------- ------------------------------- Sally Tokich Cassandra D. Shedd Its: Xxxxxxxxx Treasurer Itx: Xxxxxxxxx Xxxx President Accepted and Consent Given: Wachovia Trust Company, National Association not individually, but solely as Owner Trustee under each of the Owner Trust Servicing Agreements and the CIBC Servicing Agreement By: /s/ Amy L. Martin --------------------------------- Amy L. Martxx Xxx: Xxxistant Vice President Consent Given: Cxxxxxxx Xxxxxial Bank of Commerce By: /s/ James W. Lees -------------------------------- James W. Lees Xxx: Xxxxxrized Signatory
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Related to Owner Trusts

  • 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 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.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • 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.

  • 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.

  • 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.

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

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

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

  • 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.

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • Master Trust means Citibank Credit Card Master Trust I.

  • Other Trustees Means the trustees under the Other Agreements, and any successor or other trustee appointed as provided therein.

  • 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.

  • Owner Trustee Corporate Trust Office means the office of the Owner Trustee at which its corporate trust business shall be administered, which initially shall be 0000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx 00000-0000 Attn: Corporate Trust Administration, or such other office at such other address as the Owner Trustee may designate from time to time by notice to the Certificateholder, the Servicer, the Indenture Trustee, the Trust Depositor and Harley-Davidson Credit.

  • Vehicle Trust Agreement has the meaning set forth in the Recitals.

  • SUBI Trust Agreement has the meaning set forth in the Recitals.

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

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Issuing Entity as used in this Note includes any successor to the Issuing Entity under the Indenture. The Issuing Entity is permitted by the Indenture, under certain circumstances, to merge or consolidate, subject to the rights of the Indenture Trustee and the Holders of Notes under the Indenture. The Notes are issuable only in registered form in denominations as provided in the Indenture, subject to certain limitations therein set forth. This Note and the Indenture shall be construed in accordance with the laws of the State of New York, without reference to its conflict of law provisions, and the obligations, rights and remedies of the parties hereunder and thereunder shall be determined in accordance with such laws. No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Issuing Entity, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency herein prescribed. Anything herein to the contrary notwithstanding, except as expressly provided in the Basic Documents, none of U.S. Bank Trust Company, National Association, in its individual capacity, Wilmington Trust, National Association, in its individual capacity, any owner of a beneficial interest in the Issuing Entity, or any of their respective partners, beneficiaries, agents, officers, directors, employees or successors or assigns shall be personally liable for, nor shall recourse be had to any of them for, the payment of principal of or interest on this Note or performance of, or omission to perform, any of the covenants, obligations or indemnifications contained in the Indenture. The Holder of this Note by its acceptance hereof agrees that, except as expressly provided in the Basic Documents, in the case of an Event of Default under the Indenture, the Holder shall have no claim against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against, the assets of the Issuing Entity for any and all liabilities, obligations and undertakings contained in the Indenture or in this Note.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • 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.

  • Other Trustee The applicable other “trustee” or, if applicable, the other “certificate administrator” or, if applicable, the other “custodian” under an Other Pooling and Servicing Agreement relating to a Serviced Companion Loan.

  • Titling Trust means GE TF Trust, a Delaware statutory trust.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Trust Administrator [______________] Independent Accountants: