Grantor Trust Provisions definition

Grantor Trust Provisions. Subpart E of part I of subchapter J of the Code and Treasury Regulations Section 301.7701-4(c).

Grantor Trust Provisions. Subpart E of Subchapter J of the Code.

Grantor Trust Provisions. Subpart E of Subchapter J and Section 7701 of the Code, and final Treasury Regulations, published rulings, notices and announcements, promulgated thereunder, as the foregoing may be in effect from time to time.

Examples of Grantor Trust Provisions in a sentence

• If any Serviced Pari Passu Companion Loan or any portion thereof or any particular payments thereon are included in a REMIC or a “grantor trust” (within the meaning of the Grantor Trust Provisions), then neither the applicable Master Servicer nor the applicable Special Servicer shall knowingly take any action that would result in the equivalent of an Adverse REMIC Event with respect to such REMIC or adversely affect the tax status of such grantor trust as a grantor trust.

• If any Serviced Pari Passu Companion Loan or any portion thereof or any particular payments thereon are included in a REMIC or a “grantor trust” (within the meaning of the Grantor Trust Provisions), then neither the Master Servicer nor the Special Servicer shall knowingly take any action that would result in the equivalent of an Adverse REMIC Event with respect to such REMIC or adversely affect the tax status of such grantor trust as a grantor trust.

• If any Serviced Companion Loan or any portion thereof or any particular payments thereon are included in a REMIC or a “grantor trust” (within the meaning of the Grantor Trust Provisions), then neither the Master Servicer nor the Special Servicer shall knowingly take any action that would result in the equivalent of an Adverse REMIC Event with respect to such REMIC or adversely affect the tax status of such grantor trust as a grantor trust.

• The Trustee shall perform its duties hereunder so as to maintain the status of the Trust as a grantor trust under the Grantor Trust Provisions.

• Compliance with REMIC Provisions and Grantor Trust Provisions..................................................

More Definitions of Grantor Trust Provisions

Grantor Trust Provisions means those provisions of the Code relating to grantor trusts, which appear in subpart E, Part I of subchapter J, and related provisions, and proposed, temporary and final Treasury regulations, including Treasury Regulations Section 301.7701-4(c)(2), and any published rulings, notice and announcements promulgated thereunder, as the foregoing may be in effect from time to time.

Grantor Trust Provisions. Subpart E of Subchapter J of the Code, including Treasury regulation section 301.7701-4(c)(2). GreenPoint: GreenPoint Mortgage Funding, Inc. or its successors in interest. Group I Certificates: Not applicable.

Grantor Trust Provisions means Subpart E of Subchapter J of the Code, including Treasury Regulations Section 301.7701-4(c)(2).

Grantor Trust Provisions. Subpart E of Subchapter J of the Code, including Treasury regulation section 301.7701-4(c)(2). Guaranteed Certificate: Not applicable.

Grantor Trust Provisions. The grantor trust provisions under subpart E of Part I of subchapter J of the Code.

Grantor Trust Provisions. Subpart E of Subchapter J of the Code, including Treasury regulation section 301.7701-4(c)(2). GreenPoint: GreenPoint Mortgage Funding, Inc. or its successors in interest. Group I Certificates: Not applicable. Group I LIBOR Certificates: Not applicable. Group I Senior Certificates: Not applicable. Group I Subordinate Certificates: Not applicable. Group II Certificates: Not applicable. Group II Senior Certificates: Not applicable. Group II Subordinate Certificates: Not applicable. Group II Subordinate Priority: Not applicable. Guaranteed Certificate: Not applicable.

Grantor Trust Provisions. Subpart E of Subchapter J of the Code, including Treasury regulation section 301.7701-4(c)(2). Group I Certificates: Not applicable. Group I LIBOR Certificates: Not applicable.