Grantor Trust Holder definition

Grantor Trust Holder. The Person in whose name the Grantor Trust Certificate is registered in the Certificate Register.
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Grantor Trust Holder. Any holder of the Grantor Trust Certificate. Grantor Trustee: U.S. Bank National Association, d/b/a First Bank National Association, a national banking association, as Grantor Trustee under the Grantor Trust Agreement, or any successor Grantor Trustee hereunder.
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Grantor Trust Holder. Any holder of the Grantor Trust Certificate.
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Examples of Grantor Trust Holder in a sentence

  • A copy of such letter agreement shall be furnished to the Indenture Trustee and, upon request of any Grantor Trust Holder, to such Grantor Trust Holder.

  • No service charge shall be made for any transfer or exchange of the Grantor Trust Certificate, but the Grantor Trustee or the Certificate Registrar may require payment from the Grantor Trust Holder of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of the Grantor Trust Certificate.

  • Any notice so mailed within the time prescribed in this Agreement shall be conclusively presumed to have been duly given, whether or not a Grantor Trust Holder receives such notice.

  • Upon the issuance of a new Grantor Trust Certificate under this Section, the Grantor Trustee or the Certificate Registrar may require from the Grantor Trust Holder the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expense (including the fees and expenses of the Grantor Trustee or Authenticating Agent) in connection therewith.

  • Such deposits into the Note Payment Account from the Collection Account shall be deemed to constitute distributions to and on behalf of the Grantor Trust Holder.

  • Any notice required or permitted to be mailed to a Grantor Trust Holder shall be given by first class mail, postage prepaid, at the address of such Holder as shown in the Certificate Register.

  • If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the Grantor Trust Certificate or the rights of the Grantor Trust Holder thereof.

  • The Grantor Trust Holder may at any time remove the Grantor Trustee and appoint a successor trustee by written instrument or instruments, in triplicate, signed by such holders or their attorneys-in-fact duly authorized, one complete set of which instruments shall be delivered to the Depositor, one complete set of which shall be delivered to the Grantor Trustee so removed and one complete set of which shall be delivered to the successor so appointed.

  • Each of the Servicer and the Custodian shall be responsible for maintaining, and shall maintain, a complete set of books and records for each Home Loan which shall be clearly marked to reflect the ownership of each Home Loan by the Grantor Trustee for the benefit of the Grantor Trust Holder.

  • At the option of the Grantor Trust Holder, the Grantor Trust Certificate may be exchanged for a Grantor Trust Certificate of an authorized Percentage Interest of a like 100% Percentage Interest upon surrender of the Grantor Trust Certificate to be exchanged at any such office or agency.


More Definitions of Grantor Trust Holder

Grantor Trust Holder. Any holder of the Grantor Trust Certificate. GRANTOR TRUSTEE: U.S. Bank National Association, a national banking association, as Grantor Trustee under the Grantor Trust Agreement, or any successor Grantor Trustee hereunder.
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Grantor Trust Holder. The Person in whose name the Grantor Trust Certificate is registered in the Certificate Register. Grantor Trustee: U.S. Bank National Association, or any successor grantor trustee appointed as herein provided.
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Related to Grantor Trust Holder

  • Grantor Trust means a Trust other than a RIC.

  • Grantor Trust Certificates Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Certificateholder means the Person in whose name the Certificate is registered.

  • Grantor Trust Provisions Subpart E of part I of subchapter J of the Code and Treasury Regulations Section 301.7701-4(c).

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Class R Certificateholder The registered Holder of the Class R Certificate.

  • Collateral Interest Holder means the entity so designated in the Loan Agreement.

  • Holder or Certificateholder The registered owner of any Certificate as recorded on the books of the Certificate Registrar except that, solely for the purposes of taking any action or giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, the Trustee, the Master Servicer, any Servicer or any Affiliate thereof shall be deemed not to be outstanding in determining whether the requisite percentage necessary to effect any such consent has been obtained, except that, in determining whether the Trustee shall be protected in relying upon any such consent, only Certificates which a Responsible Officer of the Trustee knows to be so owned shall be disregarded. The Trustee may request and conclusively rely on certifications by the Depositor, the Master Servicer and any Servicer in determining whether any Certificates are registered to an Affiliate of the Depositor, the Master Servicer or such Servicer.

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

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

  • Trust Certificateholder means the Person in whose name a Trust Certificate is registered on the Certificate Register.

  • Investor Certificateholder means the holder of record of an Investor Certificate.

  • REMIC III Certificateholder The Holder of any REMIC III Certificate.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Deposit Holder means (state name and location of Deposit Holder) or, if left blank, the Sellers’ Bank, which shall hold and release the Deposit in accordance with this Agreement.

  • Junior Certificateholder The Holder of not less than 95% of the Percentage Interests of the Junior Class of Certificates.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • 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.

  • Adverse Grantor Trust Event Either: (i) any impairment of the status of the Grantor Trust Pool as a Grantor Trust; or (ii) the imposition of a tax upon the Grantor Trust Pool or any of its assets or transactions.

  • Controlling Class Certificateholder Each Holder (or Certificate Owner, if applicable) of a Certificate of the Controlling Class as determined by the Certificate Administrator from time to time.

  • Trust Beneficial Owner means Global Funding, in its capacity as the sole beneficial owner of the Trust, and its successors.

  • Unit Holder means the owner of one or more Units.

  • Certificateholder or Holder The person in whose name a Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or any affiliate of the Depositor shall be deemed not to be Outstanding and the Percentage Interest evidenced thereby shall not be taken into account in determining whether the requisite amount of Percentage Interests necessary to effect such consent has been obtained; provided, however, that if any such Person (including the Depositor) owns 100% of the Percentage Interests evidenced by a Class of Certificates, such Certificates shall be deemed to be Outstanding for purposes of any provision hereof that requires the consent of the Holders of Certificates of a particular Class as a condition to the taking of any action hereunder. The Trustee is entitled to rely conclusively on a certification of the Depositor or any affiliate of the Depositor in determining which Certificates are registered in the name of an affiliate of the Depositor.

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.