The Segregated Bare Trusts Sample Clauses

The Segregated Bare Trusts. Each Investor Beneficiary or the Transferor Beneficiary (as the case may be) will be absolutely beneficially entitled to Trust Property specified in this Deed or any Supplement as being Segregated Bare Trust Property of such Investor Beneficiary or the Transferor Beneficiary (as the case may be).
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The Segregated Bare Trusts. All Trust Property which is expressly segregated by or on behalf of the Receivables Trustee for the benefit of an Investor Beneficiary pursuant to the terms of this Deed or any Supplement shall be held as segregated nominee property on absolute bare trust for the sole benefit of such Investor Beneficiary (a "SEGREGATED BARE TRUST") and all Trust Property held on a Segregated Bare Trust shall hereinafter be referred to as "SEGREGATED BARE TRUST PROPERTY".
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The Segregated Bare Trusts. All Trust Property which is expressly segregated by or on behalf of the Receivables Trustee for the benefit of an Investor Beneficiary or the Transferor Beneficiary (other than, in the case of the Transferor Beneficiary, Ineligibles Bare Trust Property and Deferred Consideration Bare Trust Property) pursuant to the terms of this Deed or any Supplement shall be held as segregated nominee property on absolute bare trust for the sole benefit of such Investor Beneficiary or the Transferor Beneficiary, in accordance with the entitlements described in Clause 3.1(c) (each such trust being a "Segregated Bare Trust") and all Trust Property held on a Segregated Bare Trust shall hereinafter be referred to as "Segregated Bare Trust Property".
Sample 1
The Segregated Bare Trusts. All Trust Property which is expressly segregated by or on behalf of the Receivables Trustee for the benefit of an Investor Beneficiary or the Transferor Beneficiary pursuant to the terms of this Deed or any Supplement shall be held as segregated nominee property on absolute bare trust for the sole benefit of such Investor Beneficiary or the Transferor Beneficiary, in accordance with the entitlements described in Clause 4.1(c) (The Segregated Bare Trusts) (a "Segregated Bare Trust"), and all Trust Property held on a Segregated Bare Trust shall hereinafter be referred to as "Segregated Bare Trust Property".
Sample 1
The Segregated Bare Trusts. All Trust Property which is expressly segregated by or on behalf of the Receivables Trustee for the benefit of an Investor Beneficiary or the Transferor Beneficiary (other than, in the case of the Transferor Beneficiary, Ineligibles Bare Trust Property and Deferred Consideration Bare Trust Property) pursuant to the terms of this Deed or any Supplement shall be held as segregated nominee property on absolute bare trust for the sole benefit of such Investor Beneficiary or the Transferor Beneficiary, in accordance with the entitlements described in Clause 3.1(c) (each such trust being a "SEGREGATED BARE TRUST") and all Trust Property held on a Segregated Bare Trust shall hereinafter be referred to as "SEGREGATED BARE TRUST PROPERTY".
Sample 1
The Segregated Bare Trusts. The Loan Note Issuer, the Dormant Investor Beneficiary or the Transferor Beneficiary (as the case may be) will be absolutely beneficially entitled to Trust Property specified in this Deed or any Supplement as being Segregated Bare Trust Property of such Investor Beneficiary or the Transferor Beneficiary (as the case may be).
Sample 1

Related to The Segregated Bare Trusts

  • No Legal Title to Owner Trust Estate in Certificateholders The Certificateholders shall not have legal title to any part of the Owner Trust Estate. The Certificateholders shall be entitled to receive distributions with respect to their undivided ownership interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Owner Trust Estate.

  • Delaware Trustee The name and business address of the trustee of the Trust in the State of Delaware is Wilmington Trust Company, Xxxxxx Square North, 0000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx 00000-0000.

  • Investment of Trust Assets The Trustee shall engage the Investment Manager to invest and reinvest the principal and income of the Trust Assets in those investments that are reasonably calculated to preserve the principal value, taking into account the need for the safety and liquidity of principal as may be required to fund Eligible Mitigation Actions and Trust Administration Costs.

  • Trust Fund The Buyer is a trust fund whose trustee is a bank or trust company and whose participants are exclusively (a) plans established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees, or (b) employee benefit plans within the meaning of Title I of the Employee Retirement Income Security Act of 1974, but is not a trust fund that includes as participants individual retirement accounts or H.R. 10 plans.

  • Grantor Trust The Trust is intended to be a grantor trust, of which the Sponsor is the grantor, within the meaning of subpart E, part I, subchapter J, chapter 1, subtitle A of the Internal Revenue Code of 1986, as amended, and shall be construed accordingly.

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