AART Trust Estate definition

AART Trust Estate. All money, instruments, rights and other property that are subject or intended to be subject to the Lien of the AART Indenture for the benefit of the Secured Parties (including all property and interests Granted to the AART Indenture Trustee), including all proceeds thereof, pledged to the AART Indenture Trustee pursuant to the AART Indenture.
Sample 1Sample 2Sample 3

Examples of AART Trust Estate in a sentence

  • It is the desire of the parties hereto and the Secured Parties that there be at all times sufficient funds for the payment of the Secured Obligations to the Secured Parties and the AART Indenture Trustee shall take such desire into account when determining whether or not to take and maintain possession of the AART Trust Estate.

  • In determining whether to take and maintain possession of the AART Trust Estate, the AART Indenture Trustee may, but need not, obtain and rely upon an opinion of an Independent investment banking or accounting firm of national reputation as to the feasibility of such proposed action and as to the sufficiency of the AART Trust Estate for such purpose.

  • If the Notes have been declared to be due and payable under Section 5.2 following an AART Event of Default and such declaration and its consequences have not been rescinded and annulled in accordance with Section 5.2(b), the AART Indenture Trustee may, but need not elect to, take and maintain possession of the AART Trust Estate.

  • Neither the Lien of this AART Indenture nor any rights or remedies of the AART Indenture Trustee or the Noteholders shall be impaired by the recovery of any judgment by the AART Indenture Trustee against the Issuing Entity or by the levy of any execution under such judgment upon any portion of the AART Trust Estate or upon any of the assets of the Issuing Entity.

  • Neither the inclusion of this Article XII in this AART Indenture nor the compliance by any Person with, or the acknowledgment by any Person of, this Article’s provisions constitutes an agreement or acknowledgment by any Person that, in the case of an insolvency proceeding with respect to Ally Bank, a receiver or conservator will have any rights with respect to the AART Trust Estate.

  • Except as otherwise expressly provided in this AART Indenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the AART Trust Estate, the AART Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings.

  • Nothing in this AART Indenture or in the Notes, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, and to the extent expressly provided herein, the Noteholders, the Certificateholders, any other party secured hereunder, any other Person with an ownership interest in any part of the AART Trust Estate, any benefit or any legal or equitable right, remedy or claim under this AART Indenture.

  • Costs associated with the resignation of the Administrator and the appointment of a successor Administrator shall be paid by the AART Indenture Trustee from amounts in the AART Trust Estate as provided in Section 4.05 of this Agreement.

  • Nothing in this AART Indenture or in the Notes, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, and to the extent expressly provided herein, the Noteholders, the Certificateholders, any other party secured hereunder, any other Person with an ownership interest in any part of the AART Trust Estate and any holder of a Third Party Instrument, any benefit or any legal or equitable right, remedy or claim under this AART Indenture.

  • Nothing in this AART Indenture or in the Notes, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, and to the extent expressly provided herein, the Noteholders, the Certificateholders, any other party secured hereunder, any other Person with an ownership interest in any part of the AART Trust Estate [and any holder of a Third Party Instrument], any benefit or any legal or equitable right, remedy or claim under this AART Indenture.

Related to AART Trust Estate

  • 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 Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of this Indenture for the benefit of the Noteholders (including, without limitation, all property and interests Granted to the Indenture Trustee), including all proceeds thereof.

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of the Indenture for the benefit of the Noteholders (including all Collateral Granted to the Indenture Trustee), including all proceeds thereof.

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

  • Trust Property means any and all property, real or personal, tangible or intangible, that is from time to time owned or held by or for the account of the Trust; and

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • 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.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Securitization Trust means a trust formed pursuant to a Securitization.

  • 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.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

  • NIM Trustee The trustee for the NIM Securities.

  • 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.

  • First trust means a trust over which an authorized fiduciary may exercise the decanting power.

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

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • 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.

  • Trust Land ’ means an interest in land the title to which is held in trust by the United States for an Indian or Indian tribe, or by an Indian or Indian tribe subject to a re- striction by the United States against alien- ation;

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.