Base Trust Account definition

Base Trust Account. The account created and maintained pursuant to Section 4.02 hereof.
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Examples of Base Trust Account in a sentence

  • To the extent that the Base Trust Account is maintained by the Trustee in the manner provided for in clause (ii) above, all references herein to deposits and withdrawals from the Base Trust Account shall be deemed to refer to credits and debits to the related books of the Trustee.

  • All amounts deposited from time to time in the Base Trust Account, all investments made with such moneys, including all income or other gain from such investments, shall be held by the Trustee in the Base Trust Account as part of the Base Trust as herein provided, subject to withdrawal by Xxxxxx Mae for the purposes set forth in Section 3.04.

  • All amounts deposited from time to time in the Base Trust Account, all investments made with such moneys, including all income or other gain from such investments, shall be held by the Trustee in the Base Trust Account as part of the Base Trust as herein provided, subject to withdrawal by Xxxxxx Mae for the purposes set forth in Section 4.05.

  • Xxxxxx Xxx shall deposit in the Base Trust Account the Group 2 and Group 4 Distribution Amount.

  • No matter if strategies are developed as top-down or bottom-up, they cannot be successful without involvement of the community, forming different networks, creating an enabling environment, quality of space, identity and authenticity of experience.

  • For federal income tax purposes, the portion of the Base Trust consisting of (i) the Group 2, Group 3 and Group 4 Loans and all proceeds thereof and (ii) the Base Trust Account and all amounts held therein or credited thereto will be treated as a grantor trust under Subpart E, Part I of Subchapter J of the Code and not as an association taxable as a corporation.

  • No strong transition to the nebular phase with conspicuous emission features can be seen in the observed spectra of SN 2011fu (Fig.

  • Amounts credited to the Lower Tier Accounts, the Upper Tier Accounts, the REMIC 3 Account and the Base Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby.

  • All or a portion of amounts in the Lower Tier Account, the Upper Tier Account or the Base Trust Account maintained with an Eligible Depository pursuant to clause (i) of Section 4.01, 4.02 or 4.03, as applicable, shall be invested and reinvested at the discretion and direction of Xxxxxx Xxx in one or more Eligible Investments bearing interest or sold at a discount.

  • In the event that amounts shall remain in the Base Trust Account on the final Distribution Date with respect to the Group 2 or Group 3 Classes following the distribution of the Certificate Distribution Amount for the Group 2 or Group 3 Classes, respectively, for such month, such amounts may be withdrawn by Xxxxxx Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae for any advance by it pursuant to such guaranty obligations under Section 3.04 hereof.

Related to Base Trust Account

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Trust Account means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

  • Owner Trust means with respect to any Leased Aircraft, the trust created by the "Trust Agreement" referred to in the Leased Aircraft Indenture related thereto.

  • the Macfarlane Trust means the charitable trust, established partly out of funds provided by the Secretary of State to the Haemophilia Society, for the relief of poverty or distress among those suffering from haemophilia;

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • Income trust means a trust that is not a unitrust.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Vehicle Trust Agreement means that certain amended and restated trust agreement, dated as of September 27, 1996, as further amended as of May 25, 2000 and December 1, 2006 between BMW Manufacturing L.P., as grantor and initial beneficiary, and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), as trustee.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

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

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of Indenture for the benefit of the Noteholders (including, without limitation, all property and interests Granted to the Indenture Trustee), including all proceeds thereof.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Certificate Administrator Accounts As defined in Section 3.07(a) of this Agreement.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in May of each year, commencing in May 2020.

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

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • 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.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.