Pass Through Trusts definition

Pass Through Trusts means all of such Pass Through Trusts. Pass Through Trustee. First Security Bank, National Association, a national banking association, in its capacity as Pass Through Trustee under the Pass Through Agreement and each Pass Through Trust.
Pass Through Trusts means the pass through trusts created pursuant to the Pass Through Trust Agreements.
Pass Through Trusts means both of such Pass Through Trusts. Pass Through Trustee. State Street Bank and Trust Company, a Massachusetts trust company, in its capacity as Pass Through Trustee under the Pass Through Agreement and each Pass Through Trust, and its successors and permitted assigns as Pass Through Trustee thereunder. Past Due Rate. In respect of (A) any amount payable to the Owner Participant or the Owner Trustee a rate per annum during the period from and including the due date to but excluding the date on which such amount is paid in full equal to 2% plus the Debt Rate and (B) any principal of or interest on any Certificate or any other amount payable under the Indenture, any Certificate or any other Operative Agreement that is not paid when due (whether at Maturity, by acceleration, by optional or mandatory prepayment or otherwise) to any Holder, the Indenture Trustee or the Pass Through Trustee, a rate per annum during the period from and including the due date to but excluding the date on which such amount is paid in full equal to (i) in the case of any such amount payable to the Holder of any Certificate, 2% plus the interest rate applicable to such Certificate and (ii) in the case of any other such amount, 2% plus the Debt Rate. Payment Date. December 23, 2019 and each January 30 and July 30 commencing on January 30, 1997.

Examples of Pass Through Trusts in a sentence

  • Three Classes of Pass Through Certificates were issued by three Pass Through Trusts formed to acquire, among other securities, the Certificates bearing a particular interest rate and having a particular Maturity that were issued under the Indenture, as supplemented by the related Indenture and Security Agreement Supplement.

  • Pass Through Trustees, on behalf of the Pass Through Trusts, shall make such loans to Company no later than 11:00 a.m. (New York City time) on the Closing Date by transferring such amount in immediately available funds to Company at its account at JP Morgan Chase Bank, 28 Liberty Street, New York, New York, 10005, SWIFT: CHASUS33, ABA Number 021000021, Account No. 730131026, with the request that the bank advise Company by telephone at (404) 715-2046 upon transfer of the funds.

  • The Owner Lessor agrees to pay to the Indenture Trustee for distribution in accordance with Section 3.5 hereof any and all indemnity amounts received by the Owner Lessor which are payable by the Facility Lessee to (i) the Indenture Trustee, (ii) the Pass Through Trusts, or (iii) the Pass Through Trustees.

  • Three Classes of Pass Through Certificates will be issued by three Pass Through Trusts formed to acquire, among other securities, the Certificates bearing a particular interest rate and having a particular Maturity that will be issued under the Indenture.

  • Upon the occurrence of the above transfers by the Pass Through Trustee for each Pass Through Trust to the Owner, the Owner shall issue, pursuant to Article II of the Trust Indenture, to the Subordination Agent on behalf of the Pass Through Trustee for each of the Pass Through Trusts, Secured Certificates of the maturity and aggregate principal amount, bearing the interest rate and for the purchase price set forth on Schedule II hereto opposite the name of such Pass Through Trust.


More Definitions of Pass Through Trusts

Pass Through Trusts means all of such Pass-Through Trusts.
Pass Through Trusts means all of such Pass Through Trusts.
Pass Through Trusts means , collectively, the pass through trusts pursuant to which the Class A Certificates, the Class B Certificates and the Class C Certificates were issued.
Pass Through Trusts has the meaning set forth in the third recital to the Note Purchase Agreement.
Pass Through Trusts means, collectively, the Series A Pass Through Trust and the Series B Pass Through Trust.
Pass Through Trusts means each of the three pass through trusts created pursuant to the Pass Through Trust Agreements.