These liens were granted pursuant to certain Pledge Agreements and Security Pledge Agreements, in each case dated the date of the Notes, and were entered into by TLW, the TLW Trust and the SW Trust, on the one hand, and GBK and CIT, respectively, on the other hand (such Pledge Agreements and Security Pledge Agreements being collectively referred to as the “Security Agreements”).
PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.
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.
Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.
First trust means a trust over which an authorized fiduciary may exercise the decanting power.
Income trust means a trust that is not a unitrust.