Trust Notes definition

Trust Notes. As defined in the Introductory Statement.
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Trust Notes means the Series 1 Trust Notes, Series 2 Trust Notes and Series 3 Trust Notes, collectively.
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Trust Notes means the Series 1 Trust Notes, Series 2 Trust Notes and Series 3 Trust Notes, collectively. “Trust Units” means the units of the Trust.
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Examples of Trust Notes in a sentence

  • 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.

  • In the event the Servicer or Special Servicer, or a court of competent jurisdiction in connection with a workout or proposed workout of the Whole Loan, modifies the interest rate applicable to the Whole Loan, the aggregate adverse economic effect of the modification (if any) required to be borne by the holders of the Trust Notes pursuant to the Co-Lender Agreement shall be applied to the Sequential Pay Certificates, in reverse order of seniority.

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

  • All portions of the Mortgage File and (to the extent provided under the Trust Loan Purchase Agreement) other documents pertaining to the Trust Loan shall be endorsed or assigned to the extent necessary or appropriate to the purchaser of the Trust Loan in its capacity as the holder of the Trust Notes (as a result of such purchase, repurchase or substitution) and (except for the original Companion Notes) on behalf of the holders of the Companion Notes.

  • The ownership of the Trust Notes, all other contents of the Mortgage File and the other assets in the Trust Fund shall be vested in the Trust or the Trustee for the benefit of the Certificateholders, the RR Interest Owners and (other than the Trust Notes) the Companion Loan Holders.


More Definitions of Trust Notes

Trust Notes means the Trust Notes — Series 2019-A and any other instruments representing subordinated unsecured debt obligations of the Trust as may be issued and outstanding under the Series 2019-A Indenture from time to time.
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Trust Notes means the Trust Notes – Series 2022-A of the Trust, representing a series of junior subordinated unsecured debt obligations, due March 7, 2082.
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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 pre-payable 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;
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Trust Notes. As described, in the Introductory Statement, collectively, as of any date of determination, the notes or other evidence of indebtedness and/or agreements evidencing the indebtedness of the Borrowers under the Trust Loan including any amendments or modifications, or any renewal or substitution note, as of such date.
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Trust Notes means all of the Notes in the Lead Securitization.
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Trust Notes means the Convertible Junior Subordinated Debentures Due 2029 issued by the Borrower in the original principal amount of the Trust Preferred Stock.
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Trust Notes. As defined in the Introductory Statement. The Trust Notes within each Note Tranche shall correspond to the Class of Certificates with the same letter designation and with the initial principal balances and Note Rates as set forth below: Senior Trust Notes $437,000,000 Class A 5.89283000% B Notes $191,400,000 Class B 6.34313000% C Notes $192,300,000 Class C 6.96993000% D Notes $94,300,000 Class D 7.93133000%
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