Grantor Trust Certificate definition

Grantor Trust Certificate. The trust certificate issued by the Grantor Trust evidencing an undivided beneficial ownership interest of 100% of the Grantor Trust.

Grantor Trust Certificate means a certificate substantially in the form of Exhibit A to the Grantor Trust Agreement evidencing a beneficial ownership interest in the Grantor Trust.

Grantor Trust Certificate means the Grantor Trust Certificate issued by the Grantor Trust to the Issuer in accordance with the Grantor Trust Agreement representing a 100% beneficial ownership interest in the Grantor Trust Estate.

Examples of Grantor Trust Certificate in a sentence

• Any successor Grantor Trust Trustee appointed pursuant to this Section 10.3 shall promptly file an amendment to the Grantor Trust Certificate of Trust with the Secretary of State identifying the name and principal place of business of such successor Grantor Trust Trustee in the State of Delaware.

• Subsequent to a transfer and upon the issuance of a new Grantor Trust Certificate or Grantor Trust Certificates, the Grantor Trust Certificate Registrar shall cancel and destroy the Grantor Trust Certificate surrendered to it in connection with such transfer.

• The Grantor Trust Trustee has heretofore filed the Grantor Trust Certificate of Trust with the Secretary of State as required by Section 3810(a) of the Statutory Trust Statute, such filing hereby being ratified and approved in all respects and the Owner Trustee shall have power and authority, and is hereby authorized and empowered, to execute, deliver and file any other certificate required under the Statutory Trust Statute to be filed with the Secretary of State.

• BRIDGECREST LENDING AUTO SECURITIZATION GRANTOR TRUST 2023-1 By: Wilmington Trust, National Association, not in its individual capacity, but solely as Grantor Trust Trustee By: Name: Title: GRANTOR TRUST CERTIFICATE REGISTRAR’S CERTIFICATE OF AUTHENTICATION This is the Grantor Trust Certificate referred to in the within-mentioned Grantor Trust Agreement.

• Subject to the foregoing, a Grantor Trust Certificateholder may assign, convey or otherwise transfer all or any of its right, title and interest in the related Grantor Trust Certificate, subject to the restrictions set forth herein.

More Definitions of Grantor Trust Certificate

Grantor Trust Certificate. The pass-through certificate issued pursuant to this Agreement, in substantially the form attached hereto as Exhibit A.

Grantor Trust Certificate. Any of the Class A Grantor Trust Certificate or Class B Grantor Trust Certificate.

Grantor Trust Certificate. The pass-through certificate issued pursuant to this Agreement, in substantially the form attached hereto as Exhibit A. Grantor Trustee: U.S. Bank National Association, or any successor grantor trustee appointed as herein provided.

Grantor Trust Certificate. Any Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 or Class M-6 Certificate.

Grantor Trust Certificate. Any of the Group I Grantor Trust Certificates and Group II Grantor Trust Certificates.

Grantor Trust Certificate means, with respect to a Grantor Trust, the Grantor Trust Certificate issued by such GrantorTrust representing the entire beneficial ownership interest in such Grantor Trust.

Grantor Trust Certificate. Each Class of Regular Certificates issued by the Grantor Trust and representing beneficial ownership of the REMIC Regular Interest Combinations held by such Grantor Trust.