Examples of Seller Trust in a sentence
The Trustee will hold the proceeds of enforcement of the related mortgage, to the extent they exceed the amount required to repay the Housing Loan, as trustee for the Seller Trust, in relation to that other loan.
The Seller has agreed that the Issuer Trust Amounts will be distributed to the Issuer in accordance with the terms of the Collections Account Declaration of Trust and acknowledges and agrees that the Seller Trust Amounts shall be distributed to the other beneficiaries of the Collections Account Declaration of Trust.
The security granted by Secure Funding under the Trust General Security Deed and the transfer of Housing Loans from each Seller Series and each Seller Trust to Secure Funding are security interests under the PPSA.
The Housing Loans are originated by the Trust Originator into either a Seller Trust or a Seller Series (each a “Seller”).
The Redesignation of Housing Loans and Related Securities from a Seller Trust to the Trust is made in accordance with the provisions of the Master Trust Deed and constitutes a transfer of the ownership of the Housing Loans and Related Securities from the Seller Trust to the Trust.