Trust Receipt definition

Trust Receipt shall have the meaning set forth in the Custodial Agreement.
Trust Receipt means a trust receipt issued by Custodian, or, in the case of a Table Funded Purchased Asset, Bailee, to Buyer substantially in the form required under the Custodial Agreement or the Bailee Agreement.
Trust Receipt means a trust receipt in a form approved by and under which Lender may deliver any document relating to the Collateral to Borrower for correction or completion.

Examples of Trust Receipt in a sentence

  • To obtain physical possession of any Purchased Assets, Underlying Mortgage Loans and Underlying REO Properties and related Asset Files held by a Custodian, Repo Agent shall present to such Custodian a Trust Receipt.

  • All Underlying Mortgage Loans and Underlying REO Properties shall be held by the related Custodian as evidenced by a Trust Receipt.


More Definitions of Trust Receipt

Trust Receipt means, with respect to any Transaction as of any date, a receipt in the form attached as an exhibit to the Custodial Agreement.
Trust Receipt. A certification as to the completeness of each Trustee Mortgage Loan File substantially in the form of Exhibit A hereto provided by the Securities Administrator (or the Custodian) pursuant to Section 2.02 hereof.
Trust Receipt means a trust receipt issued by the Custodian evidencing the Purchased Mortgage Loans it holds, in the form attached hereto as Exhibit 2 and delivered to the Buyer by the Custodian in accordance with Section 2 hereof.
Trust Receipt means evidence of receipt, identification, and recording, including:
Trust Receipt means, with respect to any Transaction as of any date, a receipt and certification in the form attached as an exhibit to the Custodial Agreement.
Trust Receipt means a trust receipt in the form annexed hereto as Annex 2 delivered to Buyer by Custodian covering all of the Mortgage Loans subject to this Agreement from time to time, as reflected on the Asset Schedule and Exception Report attached thereto in accordance with Section 3(e).
Trust Receipt means the “Master Trust Receipt” as defined in the Custodial Agreement.