Term Assets. As of the Closing Date, $83,835,000 aggregate principal amount of 7.75% Notes, issued by the Term Assets Issuer, sold to the Trustee by the Depositor and identified on Exhibit A hereto. Additional Term Assets may also be sold to the Trustee from time to time pursuant to Section 5 of this Series Supplement.
Term Assets. Means the security entitlements with respect to securities deposited with the Trust and identified on Appendix A hereto together with all cash, instruments, securities and other investment property arising therefrom, and shall include any asset backed securities substituted for the Term Assets and any asset backed securities or any Eligible Investments purchased with proceeds of any of the foregoing to the extent such proceeds are received from Affected Term Assets.
Term Assets. With respect to any Series, the asset or assets Granted as part of the Trust for such Series or acquired (or, in the case of an agreement, entered into) by the Trustee for the benefit of the Holders of such Series and, if and to the extent provided in the applicable Series Supplement, for the benefit of any Credit Support Provider, all as identified in the Term Assets Schedule to the related Series Supplement. The Term Assets for any such Series or the related Trust shall not constitute Term Assets for any other Series or any other Trust.
Examples of Term Assets in a sentence
No fees have been paid to the Trustee or any other party from the proceeds of the Term Assets.
The current rating of the Term Assets is not provided in this report.
All amounts received on or with respect to the Term Assets shall be held uninvested by the Trustee.
The Certificates shall evidence undivided ownership interests in the assets of the Trust, subject to the liabilities of the Trust and shall be payable solely from payments or property received by the Trustee on or in respect of the Term Assets.
Pursuant to Section 5 of this Series Supplement, the Depositor may sell to the Trustee additional Term Assets from time to time without violation or trigger of this Section 14.
More Definitions of Term Assets
Term Assets. (bc) "Term Assets Issuer"; (bd) "Term Assets Schedule"; (be) "Trust"; (bf) "Trustee"; (bg) "Trust Termination Event"; (bh) "Voting Rights";
Term Assets. The $57,830,000 aggregate principal amount of 7.40% Debentures due August 1, 2097 issued by CHR, deposited in the Trust by the Depositor and further identified on Schedule 1 hereto.
Term Assets. As of the Closing Date, $25,000,000 aggregate principal amount of 8% Capital Trust Pass-Through Securities issued by the Term Assets Issuer, sold to the Trust by the Depositor and identified on Exhibit A hereto. Additional Term Assets may also be sold to the Trust from time to time pursuant to Section 5 of this Series Supplement.
Term Assets. The $363,900,000 aggregate principal amount of Class A Floating Rate Asset-Backed Certificates, Series 1996-4 issued by the Term Assets Issuer, deposited in the Trust by the Depositor and identified on the Deposited Asset Schedule.
Term Assets. The $80,000,000 aggregate principal amount of 7.90% Notes due May 15, 2097 issued by NSC, deposited in the Trust by the Depositor and further identified on Schedule 1 hereto.
Term Assets. As of the Closing Date, $50,000,000 aggregate principal amount of One Hundred Year 7% Debentures due December 1, 2095 issued by the Term Assets Issuer, sold to the Trust by the Depositor and identified on Exhibit A hereto. Additional Term Assets may also be sold to the Trust from time to time pursuant to Section 5 of this Series Supplement.
Term Assets. As of the Closing Date, $300,000,000 aggregate principal amount of 7.4% debentures issued by the Term Assets Issuer, sold to the Trustee by the Depositor and identified on Exhibit A hereto. Additional Term Assets may also be sold to the Trustee from time to time pursuant to Section 5 of this Series Supplement.