Examples of Grantor Trust Certificate Registrar in a sentence
Unless otherwise provided under applicable law, the Grantor Trust Trustee, the Grantor Trust Certificate Registrar and the Indenture Trustee shall treat the Person in whose name any Grantor Trust Certificate is registered as the sole owner of the beneficial interest in the Grantor Trust evidenced by such Grantor Trust Certificate, without regard to any notice to the contrary.
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.
On the date hereof, the Grantor Trust Trustee, at the written direction of the Grantor Trust Seller, shall execute, in the name and on behalf of the Grantor Trust, and the Grantor Trust Certificate Registrar shall authenticate and deliver to the Indenture Trustee, in definitive form, a single Grantor Trust Certificate, to be held by the Indenture Trustee (who shall be entitled to the same rights, benefits and protections of the Indenture Trustee under the Indenture mutatis mutandis).
Rio Salado Parkway Tempe, AZ 85281 Attention: General Counsel Email: xxxxx.xxxxxxxxx@xxxxxxxxx.xxx If to the Indenture Trustee, Certificate Paying Agent, Certificate Registrar or Standby Servicer: Computershare Trust Company, National Association 0000 Xxxxxx Xxxx Xxxxx St. Xxxx, Minnesota Attention: Computershare Corporate Trust – Asset-Backed Administration If to the Owner Trustee, the Grantor Trust Trustee or the Grantor Trust Certificate Registrar: Wilmington Trust, National Association 0000 X.
In the event a transferor transfers only a portion of its Grantor Trust Percentage Interest, the Grantor Trust Trustee shall execute, in the name of and on behalf of the Grantor Trust, and the Grantor Trust Certificate Registrar shall register, authenticate and deliver to such transferor, a new Grantor Trust Certificate evidencing such transferor’s new Grantor Trust Percentage Interest.
As a condition precedent to any registration of transfer under this Section 3.4, the Grantor Trust Certificate Registrar may require the payment of a sum sufficient to cover the payment of any expense, tax or other governmental charges required to be paid in connection with such transfer.
The Grantor Trust hereby initially designates the Corporate Trust Office of the Grantor Trust Certificate Registrar for the purposes of surrendering Grantor Trust Certificates for registration or exchange of Grantor Trust Certificates, and the Corporate Trust Office of the Grantor Trust Trustee for all other purposes.