WHFIT definition

WHFIT. A “Widely Held Fixed Investment Trust” as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions.
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WHFIT means "widely held fixed investment trust", as that term is defined in Treasury Regulations § 1.671-5(b)(22) or successor provisions.
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WHFIT. A "Widely Held Fixed Investment Xxxxt" as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. WHFIT Regulations: Treasury Regulations section 1.671-5, as amended.
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Examples of WHFIT in a sentence

  • WHFIT DOCUMENT Ginnie Mae Web Site Issuer Resources Ginnie Mae MBS Guide Ginnie Mae Investor Reporting Manual DESCRIPTION Government National Mortgage Association official website.

  • The arrangement under which the RCR Notes will be created is a WHFIT that is an NMWHFIT.


More Definitions of WHFIT

WHFIT. : means a “Widely Held Fixed Investment Trust” as that term is defined in Treasury Regulation Section 1.671-5(b)
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WHFIT. A "Widely Held Fixed Investment Trust" as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. WHFIT Regulations: Treasury Regulations section 1.671-5, as amended. Wells Fargo: Wells Fargo Bank, N.A., a national banking association, anx xxx successxxx xn interest.
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WHFIT means a "Widely Held Fixed Investment Trust" as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. "WHFIT Regulations" shall mean Treasury Regulations section 1.671-5, as amended. The Paying Agent, in its discretion, will report required WHFIT information using either the cash or accrual method, except to the extent the WHFIT Regulations specifically require a different method. The Paying Agent will be under no obligation to determine whether any Certificateholder uses the cash or accrual method. The Paying Agent will make available WHFIT information to Certificateholders annually. In addition, the Paying Agent will not be responsible or liable for providing subsequently amended, revised or updated information to any Certificateholder, unless requested by the certificate holder. The Paying Agent shall not be liable for failure to meet the reporting requirements of the WHFIT Regulations nor for any penalties thereunder if such failure is due to: (i) the lack of reasonably necessary information being provided to the Paying Agent (and not otherwise in its possession), or (ii) incomplete, inaccurate or untimely information being provided to the Paying Agent. Each owner of a class of securities representing, in whole or in part, beneficial ownership of an interest in a WHFIT, by acceptance of its interest in such class of securities, will be deemed to have agreed to provide the Paying Agent with information regarding any sale of such securities, including the price, amount of proceeds and date of sale. To the extent required by the WHFIT Regulations, the Paying Agent will use reasonable efforts to publish on an appropriate website the CUSIPs for the certificates that represent ownership of a WHFIT. The CUSIPs so published will represent the Rule 144A CUSIPs. The Paying Agent will not publish any associated Reg S CUSIPs. The Paying Agent will make reasonable good faith efforts to keep the website accurate and updated to the extent CUSIPs have been received. Absent the receipt of a CUSIP, the Paying Agent will use a reasonable identifier number in lieu of a CUSIP. The Paying Agent will not be liable for investor reporting delays that result from the receipt of inaccurate or untimely CUSIP information. The Paying Agent shall be entitled to additional reasonable compensation for changes in reporting required in respect of the WHFIT Regulations that arise as a result of a change in the WHFIT Regulations or a change in interp...
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WHFIT. A "Xxxely Held Fixed Investment Trust" as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. "WHFIT Regulations" Treasury Regulations section 1.671-5, as amended. "Written Order to Authenticate" A written order of the Depositor directing the Securities Administrator to execute, authenticate and deliver the Certificates.
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WHFIT has the meaning set forth in Section 12.5.
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WHFIT means a "Widely Held Fixed Inxxxxxent Trust" as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions.
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