Securitization Trust definition

Securitization Trust means a trust formed pursuant to a Securitization.

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Securitization Trust means a trust formed pursuant to a Securitization pursuant to which Note A-1 or Note A-2 is held.

Securitization Trust means a trust formed pursuant to a Securitization pursuant to which Note ▇-▇, ▇▇▇▇ ▇-▇, ▇▇▇▇ ▇-▇ or Note A-4 is held.

Examples of Securitization Trust in a sentence

Any duplicate Trust Certificate issued pursuant to this Section shall constitute conclusive evidence of ownership in the Securitization Trust, as if originally issued, whether or not the lost, stolen or destroyed Trust Certificate shall be found at any time.
The trust created pursuant to the Original Trust Agreement and continued hereby shall be known as “GM Financial Automobile Leasing Trust 2026-1”, in which name the Owner Trustee may conduct the business of the Securitization Trust, make and execute contracts and other instruments on behalf of the Securitization Trust and sue and be sued.
Until the issuance of the Trust Certificates, the Depositor shall be the sole beneficiary of the Securitization Trust.
Legal title to all the Owner Trust Estate shall be vested at all times in the Securitization Trust as a separate legal entity except where applicable law in any jurisdiction requires title to any part of the Owner Trust Estate to be vested in a trustee or trustees, in which case title shall be deemed to be vested in the Owner Trustee, a co-trustee and/or a separate trustee, as the case may be.
Except as set forth herein, the interests represented by the Trust Certificates shall be nonassessable for any losses or expenses of the Securitization Trust or for any reason whatsoever, and, upon authentication thereof pursuant to Sections 3.3, 3.4 and 3.5, the Trust Certificates shall be deemed fully paid.

More Definitions of Securitization Trust

Securitization Trust means the Lead Securitization Trust or any trust formed in connection with the Securitization of any Non-Standalone Note, as the context may require.

Securitization Trust shall have the meaning specified in Section 6.7(a) of the Sale and Servicing Agreement.

Securitization Trust means GM Financial Automobile Leasing Trust 2017-3, the trust created pursuant to the Original Trust Agreement and continued pursuant to this Agreement.

Securitization Trust shall have the meaning specified in Section 6.7(a).

Securitization Trust has the meaning set forth in Section 3.1(b).

Securitization Trust means any Person that is not a Restricted Subsidiary established exclusively for the purpose of issuing securities in connection with any Securitization, the obligations of which are without recourse to the Company or any of its Subsidiaries (other than obligations constituting Indebtedness incurred in accordance with Section 4.9(a) hereof).

Securitization Trust shall have the meaning set forth in Section 2.02(b).