GM Trust definition

GM Trust means the trust established by GM Holdco on May 22, 2009, named GMAC Common Equity Trust I.
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GM Trust means a trust formed in connection with the GMAC Reorganization, into which the Loan Parties will deposit certain Equity Interests in GMAC (other than Rights Offering Equity).
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GM Trust means State Street Bank and Trust Company, as trustee for General Motors Employes Global Group Pension Trust, a New York trust and successor to both General Motors Hourly-Rate Employes Pension Trust, a New York trust, and General Motors Salaried Employes Pension Trust, a New York trust.
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Examples of GM Trust in a sentence

  • For all purposes of this Agreement, (i) GM and its Affiliates shall be deemed to not own or control, directly or indirectly, any Membership Interests held by the UST Trust or the GM Trust, and (ii) both the UST Trust and the GM Trust shall be deemed to be not “Affiliates” of GM and GM’s Affiliates.

  • Pursuant to the Transfer and Servicing Agreement (as may be amended and supplemented from time to time, the “HAC I TSA”), dated as of April 27, 2005 among HAC I, HSBC Finance Corporation , as Servicer, and the HSBC Affinity Credit Card Master Note Trust I, HAC I has sold and will, from time to time, continue to sell certain Purchased Assets to the New GM Trust.

  • Pursuant to the Amended and Restated Transfer Agreement (as may be amended and supplemented from time to time, the “HAFC III TSA”), dated as of March 13, 2003 among HAFC III, Household Finance Corporation, and Household Affinity Credit Card Master Note Trust I, HAFC III has sold and will, from time to time, continue to sell certain Purchased Assets to the GM Trust.

  • The Company will invite the trustee of the GM Trust to attend the orientation session for new Directors, it being understood and agreed that the trustee may attend other similar sessions or events upon invitation.

  • All information provided to the GM Trust pursuant to this Section 4.4 shall remain subject to Article XI.

  • Pursuant to the Amended and Restated Master Indenture (as supplemented and as may be amended and further supplemented from time to time, the “Indenture”), dated as of March 13, 2003, between the GM Trust, as Issuer, and The Bank of New York, as Indenture Trustee (the “Indenture Trustee”), the Issuer has granted and will continue to grant to the Indenture Trustee, for the benefit of the holders of notes in the GM Trust, all of its right, title and interest in certain Purchased Assets.

  • Each party hereto acknowledges that GM and its Affiliates will have no control over the UST Trust or the GM Trust or the actions taken by the trustees thereof with respect to the subject matter of this Agreement, and will not be able to direct or otherwise influence any such trustee with respect to the subject matter of this Agreement.

  • The Company shall reimburse each of VNO, EOP and GM Trust for its reasonable out-of-pocket expenses incurred in connection with the negotiation, preparation, execution and delivery of this Agreement and the consummation of the transactions contemplated hereby (including the fees and expenses of ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, counsel to VNO, ▇▇▇▇ ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ LLP, counsel to GM Trust, and ▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇, counsel to EOP).

  • All information provided to either the GM Trust or the Treasury Trust pursuant to this Section 4.5 shall remain subject to Article XIII.

  • Upon establishment of the GM Trust, GM hereby agrees to cause such trust to execute a joinder to this Agreement.


More Definitions of GM Trust

GM Trust means the trust established by GM Finance Co. Holdings LLC, a Delaware limited liability company, on May 22, 2009, named GMAC Common Equity Trust I.
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GM Trust shall have the meaning set forth in the preamble hereof.
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