Applicable AART Trustee definition

Applicable AART Trustee. So long as the Aggregate Note Principal Balance is greater than zero and the AART Indenture has not been discharged in accordance with its terms, the AART Indenture Trustee, and thereafter, the AART Owner Trustee.

Examples of Applicable AART Trustee in a sentence

  • Upon any sale or other disposition of the assets of the Issuing Entity pursuant to Article V of the AART Indenture (an “AART Event of Default Sale”), the Administrator shall instruct the Applicable AART Trustee to deposit into the AART Collection Account from the proceeds of such disposition the amount specified in clause SECOND of Section 5.4(b) of the AART Indenture (the “AART Event of Default Proceeds”).

Related to Applicable AART Trustee

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

  • NIM Trustee The trustee for the NIM Securities.

  • Trustee/Certificate Administrator Fee With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

  • Trustee/Certificate Administrator Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0055% per annum.

  • Non-Lead Certificate Administrator means the “certificate administrator” under any Non-Lead Securitization Servicing Agreement.

  • Securities Administrator Fee As to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) 1/12th of the Securities Administrator Fee Rate and (b) the Scheduled Principal Balance of each Mortgage Loan as of the first day of the related Collection Period. Securities Administrator Fee Rate: 0.001% per annum.

  • Note A-1 Trustee means the trustee under the Note A-1 PSA.

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • or "INSTITUTIONAL TRUSTEE means the Trustee;

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Interim Eligible Lender Trustee shall also mean each successor Interim Eligible Lender Trustee as of the qualification of such Interim Eligible Lender Trustee under the Interim Trust Agreement.

  • Trust Administrator [______________] Independent Accountants:

  • Issuer Trustee means Montreal Trust Company of Canada and its successors.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Eligible Lender Trustee shall also mean each successor Eligible Lender Trustee as of the qualification of such successor as Eligible Lender Trustee under the Trust Agreement.

  • Advance Facility Trustee As defined in Section 3.22.

  • Note A-2 Trustee means the trustee under the Note A-2 PSA.

  • Relevant Trustee shall have the meaning specified in Section 8.10.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Note A-4 Trustee means the trustee under the Note A-4 PSA.

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

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.