Class G-1 Trust definition

Class G-1 Trust has the meaning given such term in the related Policy.
Sample 1Sample 2Sample 3
Class G-1 Trust has the meaning specified in the Intercreditor Agreement.
Sample 1Sample 2
Class G-1 Trust means (i) prior to the Transfer, the JetBlue Airways Pass Through Trust 2004-1G-1-O created and administered pursuant to the Class G-1 Trust Agreement and (ii) after the Transfer, the JetBlue Airways Pass Through Trust 2004-1G-1-S created and administered pursuant to the Class G-1 Trust Agreement.
Sample 1

Examples of Class G-1 Trust in a sentence

  • The following provisions of paragraphs (a) through (h) of this Section 3.7 shall apply to (i) the Class G-1 Trust and the Class G-1 Certificates and (ii) the Class G-2 Trust and the Class G-2 Certificates, as if such provisions are separately set forth in full for each of the Class G-1 Trust (and the Class G-1 Certificates) and the Class G-2 Trust (and the Class G-2 Certificates).

  • Payments of interest on the Offered Certificates will be supported by separate certificate guarantee insurance policies for each of the Class G-1 Trust and the Class G-2 Trust (together, the "Policies") issued by the Policy Provider to the extent the Liquidity Facilities and any funds contained in the cash collateral accounts funded from the Primary Liquidity Facilities are insufficient or unavailable for that purpose.

  • The Trustee hereby declares the creation of a Trust, designated the "Delta Air Lines Pass Through Trust 2002-1G-1" (the "Class G-1 Trust"), for the benefit of the Holders of the Class G-1 Certificates to be issued in respect of such Class G-1 Trust, and the initial Holders of the Class G-1 Certificates, as grantors of such Class G-1 Trust, by their respective acceptances of the Class G-1 Certificates, join in the creation of such Class G-1 Trust with the Trustee.

  • Each Class G-1 Certificate represents a Fractional Undivided Interest in the Class G-1 Trust created hereby.

  • The Class G-1 Certificates will have the benefit of the following Liquidity Facility: that certain Revolving Credit Agreement, dated as of the date hereof, between State Street Bank and Trust Company of Connecticut, National Association, as Subordination Agent under the Intercreditor Agreement, as agent and trustee for the Class G-1 Trust, and Westdeutsche Landesbank Girozentrale, New York Branch.

  • The Trustee shall not be authorized or empowered to do anything that would cause the Class G-1 Trust to fail to qualify as a grantor trust for such tax purposes (including as subject to this restriction, acquiring any Aircraft by bidding the Equipment Notes relating thereto or otherwise, or taking any action with respect to any such Aircraft once acquired).

  • The following provisions of paragraphs (a) through (i) of this Section 3.07 shall apply to (i) the Class G-1 Trust and the Class G-1 Certificates and (ii) the Class G-2 Trust and the Class G-2 Certificates, as if such provisions are separately set forth in full for each of the Class G-1 Trust (and the Class G-1 Certificates) and the Class G-2 Trust (and the Class G-2 Certificates).

  • The parties hereto intend that the Class G-1 Trust be classified for United States federal income tax purposes as a grantor trust under Subpart E, Part I, Subchapter J, Chapter 1 of Subtitle A of the Internal Revenue Code of 1986, as amended, and not as a trust or association taxable as a corporation or as a partnership.

  • Each Certificateholder of a Class G-1 Certificate, by its acceptance of its Class G-1 Certificate or a beneficial interest therein, agrees to treat the Class G-1 Trust as a grantor trust for all United States federal, state and local income tax purposes.


More Definitions of Class G-1 Trust

Class G-1 Trust means Northwest Airlines 2002-1G-1 Pass Through Trust created and administered pursuant to the Class G-1 Trust Agreement.
Sample 1
Class G-1 Trust means the JetBlue Airways (Spare Parts) G-1 Pass Through Trust, created and administered pursuant to the Class G-1 Trust Agreement.
Sample 1
Class G-1 Trust. Class G-1 Trust Agreement", "Class G-1 Trustee", "Class G-2 Certificates", "Class C-1 Certificates", "Class C-2 Certificates", "Class D Certificates", "Closing Date", "Controlling Party", "Corporate Trust Office", "Delivery Period Expiry Date", "Distribution Date", "Downgraded Facility", "Equipment Notes", "Final Legal Distribution Date", "Financing Agreement", "Fitch", "Indenture", "Interest Payment Date", "Investment Earnings", "Liquidity Obligations", "Loan Trustee", "Moody's", "Non-Extended Facility", "Northwest", "Northwest Xxxxxxptcy Event", "Note Purchase Agreement", "Operative Agreements", "Performing Equipment Note", "Person", "Policy", "Policy Provider", "Policy Provider Election", "Pool Balance", "Prepayment Premium", "Primary Liquidity Facility", "Rating Agency", "Ratings Confirmation", "Regular Distribution Date", "Replacement Primary Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Series G-1 Equipment Note", "Special Payment", "Standard & Poor's", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreements", "Trustee", "Underwriters", "Underwriting Agreement" and "Written Notice".
Sample 1
Class G-1 Trust means the Delta Air Lines Pass Through Trust 2002-1G-1 created and administered pursuant to the Class G-1 Trust Agreement.
Sample 1
Class G-1 Trust means (i) prior to the Transfer, the Continental Airlines Pass Through Trust 2002-1G-1-O created and administered pursuant to the Class G-1 Trust Agreement and (ii) after the Transfer, the Continental Airlines Pass Through Trust 2002-1G-1-S created and administered pursuant to the Class G-1 Trust Agreement.
Sample 1
Class G-1 Trust. Class G-1 Trustee", "Class G-1 Policy", "Class G-1 Policy Account" and "Series G-1 Equipment Note", respectively. For the purposes of clause (ii) above, each reference in paragraphs (a) through (i) of this Section 3.7 to "Accrued Class G Interest", "Class G Primary Cash Collateral Account", "Class G Certificates", "Class G
Sample 1

Related to Class G-1 Trust

  • Class C Trust Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class A Trust means the American Airlines Pass Through Trust 2017-2A created and administered pursuant to the Class A Trust Agreement.

  • Class A Pass Through Trust means the Delta Air Lines Pass Through Trust 2019-1A created pursuant to the Basic Pass Through Trust Agreement, as supplemented by Trust Supplement No. 2019-1A, dated as of the Issuance Date, between Company and U.S. Bank, as Class A Trustee.

  • Class B Pass Through Trust means the JetBlue Airways Pass Through Trust 2020-1B created pursuant to the Basic Pass Through Trust Agreement, as supplemented by Trust Supplement No. 2020-1B, dated as of the Issuance Date, between Company and WTC, as Class B Trustee.

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A Trust Agreement means the Basic Agreement, as supplemented by the Trust Supplement No. 2016-1A-S thereto, governing the creation and administration of the United Airlines Pass Through Trust 2016-1A-S and the issuance of the Class A Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Class B Trust Class B Trustee", "Class C Certificate", "Class C Certificateholder", "Class C Trust", "Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class A has the meaning set forth in Section 5.1.C.

  • Class A-2, Class X-1," "Class X-2," "Class B," "Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class B Trust Agreement means the Basic Agreement, as supplemented by the Trust Supplement No. 2016-1B thereto, governing the creation and administration of the United Airlines Pass Through Trust 2016-1B and the issuance of the Class B Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Class G Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate.

  • Class C Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class P," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class HI M-1 Formula Interest Distribution Amount" means, as to any Payment Date, the sum of (a) the amount specified in clause (a) of the definition of the term "Class HI: M-1 Formula Distribution Amount" and (b) the Unpaid Class HI: M-1 Interest Shortfall, if any.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • 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.

  • Class A-7 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-7 and Exhibit C hereto.

  • Class G Certificate Any one of the Certificates with a “Class G” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class D Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class P," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Related Pass Through Trust Agreement Means the Basic Agreement as supplemented by the Trust Supplement No. 2013-1A-S dated as of the date hereof relating to the Hawaiian Airlines Pass Through Trust 2013-1A-S and entered into by the Company and the Related Trustee, which agreement becomes effective upon the execution and delivery of the Assignment and Assumption Agreement pursuant to Section 7.01 of this Trust Supplement.

  • Class A-3 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.356%.

  • Class C Noteholders means the holders of any Class C Notes from time to time.

  • Pass Through Certificates means the pass through certificates issued by any Pass Through Trust (and any other pass through certificates for which such pass through certificates may be exchanged).

  • Class B-3 Pass-Through Rate For the first Distribution Date, 4.120% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-3 Margin, (2) the Weighted Maximum Rate Cap and (3) the Available Funds Cap for such Distribution Date.

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