Grantor Trust Certificates definition

Grantor Trust Certificates. Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.

Grantor Trust Certificates. The Exchangeable Certificates and any Excess Interest Certificates, collectively.

Grantor Trust Certificates. The Class S Certificates, the VRR Interest and the Class V-A/B/C/D/E Certificates, collectively.

Examples of Grantor Trust Certificates in a sentence

• In furtherance of such intention, none of the Depositor, the Master Servicer, the Special Servicer, the Trustee or the Certificate Administrator shall vary the assets of the Grantor Trust so as to take advantage of market fluctuations or so as to improve the rate of return of the Grantor Trust Certificates, and shall otherwise comply with Treasury Regulations Section 301.7701-4(c).

• The Certificate Administrator shall execute and cause to be authenticated and delivered to and upon the order of the Depositor, the Grantor Trust Certificates in exchange for the conveyance pursuant to the prior sentence.

• 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.

• In furtherance of such intention, none of the Depositor, the Master Servicer, the Special Servicer, the Trustee or the Certificate Administrator shall vary the assets of the Grantor Trust so as to take advantage of market fluctuations or so as to improve the rate of return of the Grantor Trust Certificates or the Uncertificated VRR Interest, and shall otherwise comply with Treasury Regulations Section 301.7701-4(c).

• The Uncertificated VRR Interest shall be issued and the Certificate Administrator shall execute and cause to be authenticated and delivered to and upon the order of the Depositor, the Grantor Trust Certificates in exchange for the conveyance pursuant to the prior sentence.

More Definitions of Grantor Trust Certificates

Grantor Trust Certificates means the Class A-5 Certificates and Class A-IO Certificates issued pursuant to the Grantor Trust Agreement, substantially in the form of Exhibits A-1 and A-2 thereto.

Grantor Trust Certificates. The certificates issued pursuant to the Grantor Trust Agreement.

Grantor Trust Certificates means the pass-through certificates representing the New PPNs held in the Grantor Trust, the form of which will be included in the Plan Supplement and will be consistent in all material respects with the Restructuring Support Agreements and/or otherwise in form and substance acceptable to the Debtor and the Requisite Parties. Each Grantor Trust Certificate shall represent one New PPN.

Grantor Trust Certificates. The Class A-1 Grantor Trust Certificates.

Grantor Trust Certificates. The Class II-A-2B Certificates issued pursuant to the Grantor Trust Agreement).

Grantor Trust Certificates. The Grantor Trust Class I-A-1B Certificates and the Grantor Trust Class I-A-2B Certificates. Grantor Trust Class I-A-1B Certificates: The Class I-A-1B Certificates issued by the Grantor Trust on the Closing Date pursuant to the Grantor Trust Agreement.

Grantor Trust Certificates. The Class A1B, Class A2A, Class A3, Class A4 and Class A5A Certificates.