VAULT Trust Agreement definition

VAULT Trust Agreement. The Second Amended and Restated Trust and Servicing Agreement, dated as of March 25, 2004, between Ally Financial, as Servicer and Initial Beneficiary, and the VAULT Trustee, as the same may be amended, supplemented or otherwise modified from time to time. VAULT Trustee: BNY Mellon Trust of Delaware (formerly known as BNYM (Delaware) and The Bank of New York (Delaware)), as successor to Chase Bank USA, National Association (formerly known as Chase Manhattan Bank USA, National Association), as trustee of VAULT under the VAULT Trust Agreement.
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VAULT Trust Agreement the First Amended and Restated Trust and Servicing Agreement, dated as of March 15, 1996, as amended, between GMAC, as Servicer and Initial Trust Beneficiary, and the VAULT Trustee, as the same may be amended, supplemented or otherwise modified from time to time.
Sample 1
VAULT Trust Agreement the Second Amended and Restated Trust and Servicing Agreement, dated as of March 25, 2004, between GMAC, as Servicer and Initial Trust Beneficiary, and the VAULT Trustee, and acknowledged and agreed by COLT, as Trust Beneficiary, as the same may be amended, supplemented or otherwise modified from time to time.
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Examples of VAULT Trust Agreement in a sentence

  • If Ally Financial is both the Servicer under this Agreement and under the VAULT Trust Agreement, subject to Section 8.02, Ally Financial may cause transfers of legal title to the Leased Vehicles required to be made under this Agreement without delivering the notices or complying with the formalities required by the VAULT Trust Agreement.

  • The Pledgees acknowledge that VAULT holds and shall hold legal title to the Leased Vehicles related to the Lease Assets in trust for the benefit of ACOLT, who enjoys and shall enjoy all beneficial interest therein pursuant to the VAULT Trust Agreement and that such beneficial interest is not and shall not be included in the VAULT Pledged Collateral.

  • The undersigned will not and ACOLT has not directed and will not direct VAULT to sell, assign, transfer, pledge or encumber in any other manner the VAULT Pledged Collateral (except as in favor of the Pledgees hereunder), except the rights of ACOLT as Applicable Trust Beneficiary in the Leased Vehicles related to the Lease Assets granted under the VAULT Trust Agreement, which rights are not included in the VAULT Pledged Collateral.

  • The Trust shall be the Applicable Trust Beneficiary (as defined in the VAULT Trust Agreement) with respect to any Vehicles for which title is held by VAULT or the VAULT Trustee as nominee for the benefit of the Trust.

  • If GMAC is both the Servicer under this Agreement and under the VAULT Trust Agreement, subject to Section 7.02, GMAC may cause transfers of legal title to the Vehicles required to be made under this Agreement without delivering the notices or complying with the formalities required by the VAULT Trust Agreement.

  • The Declaration of Trust, the ACOLT 2014-SN2 Supplement to the Declaration of Trust, the VAULT Trust Agreement, the VAULT Transfer Direction, the ACOLT Designation, the Ally Bank Designation, the VAULT Security Agreement, the Sale and Contribution Agreement, the ACOLT Indenture, the Servicing Agreement, the Pull Ahead Funding Agreement, the Secured Notes and the ACOLT Certificate.

  • The Declaration of Trust, the ACOLT 2013-SN1 Supplement to the Declaration of Trust, the VAULT Trust Agreement, the VAULT Transfer Direction, the ACOLT Designation, the Ally Bank Designation, the VAULT Security Agreement, the Sale and Contribution Agreement, the ACOLT Indenture, the Servicing Agreement, the Pull Ahead Funding Agreement, the Secured Notes and the ACOLT Certificate.

  • The Declaration of Trust, the ACOLT 2015-SN1 Supplement to the Declaration of Trust, the VAULT Trust Agreement, the VAULT Transfer Direction, the ACOLT Designation, the Ally Bank Designation, the VAULT Security Agreement, the Sale and Contribution Agreement, the ACOLT Indenture, the Servicing Agreement, the Pull Ahead Funding Agreement, the Secured Notes and the ACOLT Certificate.

  • The Declaration of Trust, the ACOLT 2014-SN1 Supplement to the Declaration of Trust, the VAULT Trust Agreement, the VAULT Transfer Direction, the ACOLT Designation, the Ally Bank Designation, the VAULT Security Agreement, the Sale and Contribution Agreement, the ACOLT Indenture, the Servicing Agreement, the Pull Ahead Funding Agreement, the Secured Notes and the ACOLT Certificate.

  • If Ally Financial is both the Servicer under this Agreement and under the VAULT Trust Agreement, subject to Section 7.02, Ally Financial may cause transfers of legal title to the Vehicles required to be made under this Agreement without delivering the notices or complying with the formalities required by the VAULT Trust Agreement.

Related to VAULT Trust Agreement

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

  • SUBI Trust Agreement means the Vehicle Trust Agreement as supplemented by that certain supplement, dated as of October 11, 2023, among the parties to the Vehicle Trust Agreement, as amended or supplemented from time to time.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • Trust Agreement means this Amended and Restated Trust Agreement, as the same may be modified, amended or supplemented in accordance with the applicable provisions hereof, including all exhibits hereto, including, for all purposes of this Trust Agreement and any such modification, amendment or supplement, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this Trust Agreement and any such modification, amendment or supplement, respectively.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Class A Trust Agreement Has the meaning specified in the Intercreditor Agreement.

  • Basic Pass Through Trust Agreement means the Pass Through Trust Agreement, dated October 3, 2012, between Owner and Pass Through Trustee, but does not include any Trust Supplement.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Pass Through Trust Agreement means each of the two separate Trust Supplements relating to the Pass Through Trusts, together in each case with the Basic Pass Through Trust Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • Vehicle Trust Agreement means that certain amended and restated trust agreement, dated as of September 27, 1996, as further amended as of May 25, 2000 and December 1, 2006 between BMW Manufacturing L.P., as grantor and initial beneficiary, and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), as trustee.

  • Class B Trust Agreement “Class B Trustee”, “Closing Date”, “Continental”, “Continental Bankruptcy Event”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution Date”, “Financing Agreement”, “Investment Earnings”, “Liquidity Facility”, “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Trust Agreements shall have the meanings ascribed to them in the introductory paragraph of the Authorized Participant Agreement.

  • Related Pass Through Trust Agreement Means the Basic Agreement as supplemented by the Trust Supplement No. 2000-2B-S dated the date hereof relating to the Continental Airlines Pass Through Trust 2000-2B-S and entered into by the Company and the Trustee, which agreement becomes effective upon the execution and delivery of the Assignment and Assumption Agreement pursuant to Section 7.01 of this Trust Supplement.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in August of each year, commencing in August 2024.

  • Voting Trust Agreement means the Voting Trust Agreement entered into ---------------------- as of April 15, 1996 by and among Xxxxxx X. Xxxx; Xxxxx X. Xxxx, Xx.; Xxxxx X. Xxxx, Xx.; and F. Xxxxxx Xxxxxxx as the Voting Trustees and the stockholders of LSAI Holding Corp. who are parties thereto.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • Trustee Agreement means the trustee agreement entered into on or before the First Issue Date, between the Issuer and the Trustee, or any replacement trustee agreement entered into after the First Issue Date between the Issuer and a trustee, regarding, inter alia, the remuneration payable to the Trustee or a replacement trustee.

  • Owner Trust means the trust created by this Agreement.