CARCO Trust definition

CARCO Trust means the CARCO Auto Loan Master Trust governed under the Pooling and Servicing Agreement.
Sample 1Sample 2Sample 3

Examples of CARCO Trust in a sentence

  • On each Transfer Date the Issuer will, in cooperation with the Servicer of the CARCO Trust, complete and deliver to the Indenture Trustee and the CARCO Trust Trustee (with a copy to each Note Rating Agency) a Monthly Noteholders' Statement.

  • The Issuer agrees to give the Indenture Trustee and the Note Rating Agencies prompt written notice of each Event of Default hereunder and each default on the part of the CARCO Trust or the Seller of its respective obligations under the Pooling and Servicing Agreement and any default of a Derivative Counterparty.

  • All Collections received from the CARCO Trust pursuant to Article V of the Pooling and Servicing Agreement as supplemented by the Series 2002-CC Supplement shall be deposited into the Collection Account.

  • In the case of a series or class of Notes that has been accelerated following an Event of Default, if the Put Feature of such series or class of Notes has been deemed to be exercised as provided in the related Indenture Supplement, the Indenture Trustee will cause the CARCO Trust to sell Principal Receivables and the related Non-Principal Receivables (or interests therein) as provided in such Indenture Supplement.

  • Upon its receipt of the Collateral Certificate, the CARCO Trust Trustee shall, notwithstanding anything to the contrary in the Pooling and Servicing Agreement (or the Series 2002-CC Supplement), promptly cancel and destroy the Collateral Certificate in accordance with its customary procedures; provided, however, that the CARCO Trust Trustee shall furnish DCWR with a copy of the cancelled Collateral Certificate prior to its destruction.

  • The CARCO Trust Trustee agrees that it will, in its individual capacity and at its own cost and expense, promptly take all action as may be necessary to discharge any lien, pledge, security interest or other encumbrance on the Receivables or any other asset of the CARCO Trust that results from actions by or claims against the CARCO Trust Trustee not related to the CARCO Trust Trustee's ownership of the Receivables or any other asset of the CARCO Trust pursuant to the Pooling and Servicing Agreement.

  • On the Effective Date or promptly thereafter, the CARCO Trust Trustee shall, notwithstanding anything to the contrary in the Pooling and Servicing Agreement, cancel and destroy the CARCO Certificate in accordance with the CARCO Trust Trustee's customary procedures; provided, however, that the CARCO Trust Trustee shall furnish DCWR with a copy of the cancelled CARCO Certificate prior to its destruction.

  • No participant objected to the proposed Protective Order.The proposed Protective Order is based on the Commission’s Model Protective Order.

  • Transfers of the Ownership Interest may be made between DCWR and any other Person who is an Affiliate of DCWR (a "Permitted Affiliate Transferee") upon delivery to the CARCO Receivables Trust Trustee and the Owner Trustee of a CARCO Trust Tax Opinion and an Issuer Tax Opinion, respectively, with respect to such transfer.

  • Promptly after the receipt by the Issuer of each Monthly Servicer's Certificate under the Series 2002-CC Supplement, the Issuer will, in cooperation with the Servicer of the CARCO Trust, complete the Payment Instruction and deliver a copy thereof to the Indenture Trustee and the CARCO Trust Trustee.

Related to CARCO Trust

  • Sub-Trust has the meaning set forth in Section 3.01(b) of the Titling Trust Agreement.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • Grantor Trust means a Trust other than a RIC.

  • Citigroup Trust means each of Citigroup Capital III, Citigroup Capital XIII and Citigroup Capital XVIII, each a Delaware statutory trust, or any other similar trust created for the purpose of issuing preferred securities in connection with the issuances of junior subordinated notes under the junior subordinated debt indentures or the junior junior subordinated debt indenture.

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

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

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

  • Plan Trust means the trust governed by the Plan.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Master Trust means Citibank Credit Card Master Trust I.

  • 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.

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;

  • First trust means a trust over which an authorized fiduciary may exercise the decanting power.

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

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • 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.

  • Blind Trust means an independently managed trust in which the employee-beneficiary has no management rights and in which the employee-beneficiary is not given notice of alterations in or other dispositions of the property subject to the trust.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Real estate investment trust means any corporation, trust or association qualifying and electing to be taxed as a real estate investment trust under federal law.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • 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.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • 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;

  • 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;