Examples of Grantor Trust Assets in a sentence
The Depositor hereby conveys all right, title and interest in and to any VRR Specific Grantor Trust Assets, any Class S Specific Grantor Trust Assets and any other property constituting the Grantor Trust to the Trustee, receipt of which is hereby acknowledged.
The Certificate Administrator shall timely file or cause to be timely filed with the IRS Form 1041, Form 1099 or such other form as may be applicable and shall furnish or cause to be furnished to the Holders of the respective Classes of the Grantor Trust Certificates, their allocable share of income and expense with respect to the VRR Specific Grantor Trust Assets, the Class S Specific Grantor Trust Assets and proceeds thereof as such amounts are received or accrue, as applicable.
All of the assets of a Grantor Trust constitute the "Trust’s Assets." You have not requested us to examine, and accordingly we have not examined, any of the Grantor Trust Assets and express no opinion as to the federal income tax treatment thereof.
The Class VRR Certificates shall represent, and the Uncertificated VRR Interest shall constitute, undivided beneficial interests in the portion of the Trust Fund consisting of the VRR Specific Grantor Trust Assets, distributions thereon and proceeds thereof, which portion will be treated as part of a “grantor trust” within the meaning of subpart E, part I of subchapter J of the Code.
All of the assets of a Grantor Trust constitute the "Trust’s Assets." You have not requested us to examine, and accordingly we have not examined, any of the Grantor Trust Assets and express no opinion as to the Federal or state income tax treatment thereof.