Grantor Trust Certificate definition

Grantor Trust Certificate. The trust certificate issued by the Grantor Trust evidencing an undivided beneficial ownership interest of 100% of the Grantor Trust.

Grantor Trust Certificate means a certificate substantially in the form of Exhibit A to the Grantor Trust Agreement evidencing a beneficial ownership interest in the Grantor Trust.

Grantor Trust Certificate means the Grantor Trust Certificate issued by the Grantor Trust to the Issuer in accordance with the Grantor Trust Agreement representing a 100% beneficial ownership interest in the Grantor Trust Estate.

Examples of Grantor Trust Certificate in a sentence

• The provisions of Sections 6.3, 6.6, 6.7 and 6.9 shall apply to the Grantor Trust Trustee also in its role as Grantor Trust Paying Agent or Grantor Trust Certificate Registrar for so long as the Grantor Trust Trustee shall act as Grantor Trust Paying Agent or Grantor Trust Certificate Registrar and, to the extent applicable, to any other paying agent, grantor trust certificate registrar or authenticating agent appointed hereunder.

• Such Grantor Trust Certificate shall be issued to the Grantor or an Affiliate of the Grantor, as the initial Holder of the Grantor Trust Certificate, and held by the Indenture Trustee (who shall be entitled to the same rights, benefits and protections of the Indenture Trustee under the Indenture mutatis mutandis).

• The Grantor Trust Certificate shall be dated the date of its authentication.

• The entries in the Grantor Trust Certificate Register shall be conclusive absent manifest error, and the Trust, the Grantor Trust Trustee, the Grantor Trust Certificate Registrar and the Grantor Trust Paying Agent shall treat the Person whose name is recorded in the Grantor Trust Certificate Register pursuant to the terms hereof as the Grantor Trust Certificateholder hereunder for all purposes of this Agreement.

• The Grantor Trust Certificate Registrar shall furnish or cause to be furnished to the Grantor Trust Paying Agent and the Grantor, within fifteen (15) days after receipt by the Grantor Trust Certificate Registrar of a request therefor from the Grantor Trust Paying Agent or the Grantor in writing, the name and address of the Grantor Trust Certificateholder as of the most recent Record Date.

More Definitions of Grantor Trust Certificate

Grantor Trust Certificate. The pass-through certificate issued pursuant to this Agreement, in substantially the form attached hereto as Exhibit A.

Grantor Trust Certificate. Any of the Class A Grantor Trust Certificate or Class B Grantor Trust Certificate.

Grantor Trust Certificate. The pass-through certificate issued pursuant to this Agreement, in substantially the form attached hereto as Exhibit A. Grantor Trustee: U.S. Bank National Association, or any successor grantor trustee appointed as herein provided.

Grantor Trust Certificate. Any Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 or Class M-6 Certificate.

Grantor Trust Certificate. Any of the Group I Grantor Trust Certificates and Group II Grantor Trust Certificates.

Grantor Trust Certificate means, with respect to a Grantor Trust, the Grantor Trust Certificate issued by such GrantorTrust representing the entire beneficial ownership interest in such Grantor Trust.

Grantor Trust Certificate. Each Class of Regular Certificates issued by the Grantor Trust and representing beneficial ownership of the REMIC Regular Interest Combinations held by such Grantor Trust.