Beneficiary Trust Account definition

Beneficiary Trust Account means the account established by the Owner Trustee on behalf of the Trust in accordance with Section 4.04.
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Beneficiary Trust Account means the account established by the Owner Trustee on behalf of the Issuer in accordance with Section 4.04 of the Trust Agreement. "Business Day," unless otherwise specified in the Indenture Supplement for any series or class of Notes, means any day other than (a) a Saturday or Sunday or (b) any other day on which national banking associations or state banking institutions in New York, New York or Wilmington, Delaware, are authorized or obligated by law, executive order or governmental decree to be closed.
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Beneficiary Trust Account means the account established by the Trustee on behalf of the Trust in accordance with Section 4.04. "Citibank (Nevada)" is defined in the preamble to this Agreement.
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Examples of Beneficiary Trust Account in a sentence

  • Such account shall be designated the "Beneficiary Trust Account".

  • Rate shall be set based on current annual yield received on the Minor Beneficiary Trust Account less an administrative allowance.

Related to Beneficiary Trust Account

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

  • 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.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

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

  • Grantor Trust means a Trust other than a RIC.

  • Grantor Trust Provisions Subpart E of part I of subchapter J of the Code and Treasury Regulations Section 301.7701-4(c).

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

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

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

  • 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.

  • Rabbi Trust has the meaning given to such term in Section 3.4(d) hereof.

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • Equity Account Administrator means the brokerage firm utilized by the Company from time to time to create and administer accounts for participants in the Company’s equity plans and programs, including the Plan.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • 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.

  • Basic Pass Through Trust Agreement means the Pass Through Trust Agreement, dated October 3, 2012, between Owner and Pass Through Trustee, but does not include any Trust Supplement.

  • Administration Account As defined in Section 7.02.

  • Note A-3 Trust Fund means the trust formed pursuant to the Note A-3 PSA.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.