Grantor Trust Certificate definition
Examples of Grantor Trust Certificate in a sentence
The Grantor Trust Trustee shall give such notice to the Grantor Trust Certificate Registrar (if other than the Grantor Trust Trustee) at the time such notice is given to Grantor Trust Certificateholders.
Such signature must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Grantor Trust Certificate Registrar.
This Grantor Trust Certificate is issued under and is subject to the terms, provisions and conditions of the Grantor Trust Agreement, to which Grantor Trust Agreement the Holder of this Grantor Trust Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
The Grantor Trust Certificate Registrar shall give prompt written notice to the Grantor Trust Seller, the Grantor Trust Trustee and the Grantor Trust Certificateholders of any change in the location of the Grantor Trust Certificate Registrar or any such office or agency.
On the Closing Date, in exchange for the Conveyed Assets, the Grantor Trust shall issue and deliver to the Issuer the Grantor Trust Certificate.