Additional Trust Property definition

Additional Trust Property means, for any Acquisition Date, (a) the Depositor Transferred Property for that Acquisition Date, (b) all present and future claims, demands, causes of action and choses in action for any of the foregoing, and (c) all payments on or under and all proceeds for any of the foregoing.

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Additional Trust Property means the Additional Mortgage Portfolio assigned to the Mortgage Trustee by the Seller on the Closing Date, including the Additional Mortgage Loans and their Related Security, the rights under the MIG Policies and the other Insurance Policies arranged by the Seller, but excluding any Early Repayment Charges which are reassigned to the Seller;

Additional Trust Property means all rights, title, interest and benefit of all property and assets held by the Mortgages Trustee at any time, to the extent that such rights, title, interest and benefit of such property and assets do not, at such time, form part of the Initial Trust Property, the Closing Trust Property, the New Trust Property and/or any Trust Property referred to in Clause 2.4 (Other Trust Property) of the Mortgages Trust Deed;

Examples of Additional Trust Property in a sentence

• Funding proposes to fund its Initial Contribution to the Mortgages Trustee for the Funding Share of the Additional Trust Property by drawing the Current Issuer Intercompany Loan, which in turn has been funded by the Current Issuer by the proceeds of the Current Issuer Notes issued by the Current Issuer.

• If, and to the extent that, notwithstanding such intent, the transfer pursuant to this Assignment is not deemed to constitute a sale, the Transferor shall be deemed hereunder to have granted and does hereby grant to the Trustee, on behalf of the Trust and for the benefit of the Certificateholders, a security interest in and to the Additional Trust Property and this Assignment shall constitute a security agreement under applicable law.

• The consideration in the form of Contributions provided by Funding 2 to the Mortgages Trustee subject to and in accordance with Clause 4 (Consideration) and/or Clause 6 (Increasing the Funding Share and the Funding 2 Share of the Trust Property) to be applied by the Mortgages Trustee as set out in this Deed shall, until such Contributions form part of the Trust Property referred to in Clause 2.4 (Other Trust Property), form part of Additional Trust Property.

More Definitions of Additional Trust Property

Additional Trust Property means the Additional Mortgage Portfolio assigned to the Mortgage Trustee by the Seller on the Closing Date, including the Additional Mortgage Loans and their Related Security, the rights under the MIG Policies and the other Insurance Policies arranged by the Seller;