Trust Notes definition

Trust Notes. As defined in the Introductory Statement.
Trust Notes means the Trust Notes — Series 2016-A and any other instruments representing subordinated unsecured debt obligations of the Trust as may be issued and outstanding under the Series 2016-A Indenture from time to time.

Examples of Trust Notes in a sentence

  • INSPIRE views negotiation as a process occurring in a particular context.

  • The Trustee acknowledges the assignment in trust by the Depositor to the Trustee of the Trust Notes and other assets comprising the Trust Fund.

  • The Trust Notes may also be automatically exchanged for preferred shares of TCPL upon certain kinds of bankruptcy and insolvency events.

  • Thereafter, such Mortgage File shall be held by the holder of the Trust Notes or a custodian appointed thereby for the benefit thereof, on behalf of itself and the Companion Loan Holders as their interests appear under the Co-Lender Agreement.

  • Nine Deed of Trust Notes in the original principal amounts of $833,650 for the various SHOP loans.


More Definitions of Trust Notes

Trust Notes means the Trust Notes — Series 2019-A of the Trust, representing a series of junior subordinated unsecured debt obligations, due ·, 2079.
Trust Notes means promissory notes of the Trust that may be created and issued from time to time, that are subordinated and unsecured, have a maturity of five years or less, are prepayable at any time at the Trust’s option prior to maturity, and pay an annual rate of interest equal to the Canada Five-Year Yield, payable monthly in arrears;
Trust Notes means, collectively, the Series 1 Trust Notes and Series 2 Trust Notes. “Trust Trustees” means the trustees of the Trust.
Trust Notes means the senior notes of the Trust issued to RSL pursuant to the terms of the Note Exchange Agreement, as the same may be amended or modified from time to time pursuant to this Agreement.
Trust Notes. The Class A Note issued by Trust A or the Class B Note issued by Trust B or the Class C Note issued by Trust C.