Securitization Trusts definition

Securitization Trusts have the meaning set forth in Section 2.6(a)(v).

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Securitization Trusts means any Delaware statutory trust established by any member of the Navient Group or the SLM BankCo Group prior to the Effective Time for the purpose of issuing notes backed by FFELP Loans or Private Education Loans, including those listed on Schedule 1.1(b).

Securitization Trusts means the trusts created under the terms of the Indentures, Contribution and Servicing Agreements or other related documents relating to the Securitizations that are the subject hereof.

Examples of Securitization Trusts in a sentence

• The Seller, in its capacity as Servicer, shall collect and deposit gross collections with respect to the Securitization Trusts into the related Collection Accounts in accordance with the related Servicing Contracts, without netting, off-set or deduction from such collections or deposits for any purpose, with the exception of Servicing Compensation due and payable to the Servicer.

• During the Funding Period, the Seller shall not sell, assign, transfer, pledge or convey any Receivable with respect to the Securitization Trusts to any Person other than the Depositor.

• Without limiting the foregoing, Securitization Trusts shall not be obligated to enter into a Subsidiary Guaranty.

• Notwithstanding the foregoing, the Seller, in its capacity as Servicer under the Servicing Contracts with respect to the Securitization Trusts, may amend a Servicing Contract with the written consent of the Agent and the Controlling Class Required Noteholders.

• All of the issued and outstanding shares of the capital stock of the Company and any other securities sold by the Company and the Securitization Trusts were offered, issued, sold and delivered by the Company in compliance with all applicable state and federal Laws concerning the issuance, offer and sale of securities.

• The Trustee shall pay from funds held by it in the Securitization Trusts such Servicer Advance Claims, less the Netting Amount, to DVIFS on the Closing Date.

• The Initial Receivables to be sold to the Depositor and to be sold and/or contributed from the Depositor to the Issuer on the Initial Funding Date shall consist of all of the Receivables with respect to the Securitization Trusts outstanding as of the Initial Funding Date.

• The Additional Receivables sold on each Funding Date shall consist of all of the Receivables with respect to the Securitization Trusts other than the Initial Receivables and the Receivables previously sold to the Depositor hereunder (other than Receivables repurchased by the Seller pursuant to Section 6.02 hereof or Section 2.19 of the Indenture) as of the related Funding Date.

• Each of the Cavalier Securitization Trusts were formed in accordance with, and all transactions between Cavalier or any of its Subsidiaries and any Securitization Trust have been consummated in accordance with, all applicable Laws and all Applicable Requirements in all material respects.

• The Trustee shall pay from funds held by it in the Securitization Trusts such Unpaid Fees to DVIFS on the Closing Date and, to the extent not paid pursuant to Section 11(d) hereof, the unpaid fees and expenses of the Trustee, each to the extent that funds are held by the Securitization Trusts.

More Definitions of Securitization Trusts

Securitization Trusts means the Delaware business trusts identified in Section 3.2(b)-2 of the Company Disclosure Schedule.

Securitization Trusts means (a) CoreVest American Finance 2017-1 Trust, a New York common law trust, (b) CoreVest American Finance 2017-2 Trust, a New York common law trust, (c) CoreVest American Finance 2018-1 Trust, a New York common law trust, (d) CoreVest American Finance 2018-2 Trust, a New York common law trust, (e) CoreVest American Finance 2019-1 Trust, a New York common law trust and (f) CoreVest American Finance 2019-2 Trust, a New York common law trust.

Securitization Trusts means MS Auto Grantor Trust 1995-1, MS Auto Grantor Trust 1994-1, and MS Auto Grantor Trust 1993-1. 8.98. "Senior Bank Lender" means the lenders referred to in the Bank Loan Term Sheet. 8.99. "Stockholders" means MS Diversified Corporation, MS Financial Services, Inc., and ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇, L.P. 8.100. "Stockholders Agreement" is defined in Section 5.15(f). 8.101. "Subsidiary" means, with respect to any Person, an Affiliate controlled by such person directly, or indirectly through one or more intermediaries. 8.

Securitization Trusts means, collectively, the trusts listed in Schedule 1 hereto, as such schedule may be amended from time to time in accordance with the terms hereof.

Securitization Trusts means (a) CoreVest American Finance 2017-1 Trust, a New York common law trust, (b) CoreVest American Finance 2017-2 Trust, a New York common law trust, (c) CoreVest American Finance 2018-1 Trust, a New York common law trust, (d) CoreVest American Finance 2018-2 Trust, a New York common law trust,

Securitization Trusts means MS Auto Grantor Trust 1995-1, MS Auto Grantor Trust 1994-1, and MS Auto Grantor Trust 1993-1.