Grantor Trust Right definition

Grantor Trust Right means all rights of the Borrower, including the right to payments to the Borrower, in the Sale Agreement executed in relation to Mego Mortgage Home Loan Trust 1996-3, including, without limitation, the rights set forth in Section 4.05(b)(xvii) of such Sale Agreement.
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Examples of Grantor Trust Right in a sentence

  • All collateral granted by third party obligors to, or held by, the Borrower with respect to the Collateral, including the Certificates and the Grantor Trust Right.

  • All rights to receive the payment of money in respect of the Collateral, including the Certificates and Grantor Trust Right.

  • All rights to payments under the Collateral, including payments due to the holders of Certificates and the Grantor Trust Right from the accounts of the trustee (or other Person) into which funds to be payable under Certificates and the Grantor Trust Right are deposited or held under a Securitization, and all money, cash and cash equivalents of the Borrower, in each case arising from payments with respect to any of the Collateral, including the Certificates and the Grantor Trust Right or other Collateral.

  • The Regional Administrator, at any time prior to 30 days after the Regional Administrator files its response to the notice of dispute under paragraph (b) of this section, may, upon notification to the Environmental Appeals Board and any interested parties, withdraw the permit and prepare anew draft permit under § 124.6 addressing the portions so withdrawn.

  • The agreements and related documents evidencing the Grantor Trust Right and the Certificates, as well as related documents comprising such Collateral are set forth on Exhibit "C".

  • The agreements and related documents evidencing the Grantor Trust Right and the Certificates, as well as related documents comprising such Collateral are set forth on Exhibit "C" and Exhibit "D" attached hereto and by this reference incorporated herein.

  • The Borrower represents and warrants that the Grantor Trust Right is the only existing Collateral which may not be perfected by possession.

  • The agreements and related documents evidencing the Grantor Trust Right and the Certificates and related documents comprising the Original Collateral are set forth on Exhibit "C".

Related to Grantor Trust Right

  • Grantor Trust means a Trust other than a RIC.

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

  • Adverse Grantor Trust Event As defined in Section 10.02(e).

  • 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.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of Indenture for the benefit of the Noteholders (including, without limitation, all property and interests Granted to the Indenture Trustee), including all proceeds thereof.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • REMIC III Certificateholder The Holder of any REMIC III Certificate.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Trust Property means as of any particular time any and all property, real or personal, tangible or intangible, which at such time is owned or held by or for the account of the Trust or the Trustees in such capacity.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • REMIC Trust means a “real estate mortgage investment conduit” within the meaning of Section 860D of the Code that holds the Note.

  • Collateral Interest Holder means the entity so designated in the Loan Agreement.

  • Trust REMIC Each of the Lower-Tier REMIC and the Upper-Tier REMIC.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Pledged Trust Interests means all interests in a Delaware business trust or other trust including, without limitation, all trust interests listed on Schedule 4.4(A) under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such trust interests.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Note A-2 Trust Fund means the trust formed pursuant to the Note A-2 PSA.

  • Vehicle Trust Agreement means that certain amended and restated trust agreement, dated as of September 27, 1996, as further amended as of May 25, 2000 and December 1, 2006 between BMW Manufacturing L.P., as grantor and initial beneficiary, and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), as trustee.