Grantor Trusts definition

Grantor Trusts. The grantor trusts described in Section 2.07 hereof.

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Grantor Trusts. Collectively, the Additional Interest Grantor Trust and the Class A-5FL Grantor Trust.

Grantor Trusts means the one or more trusts described in the Bell Atlantic Rabbi Trust Agreement and any similar trust agreements to which one or more Bell Atlantic Companies are parties as co-grantors, and which are designed (i) to qualify as grantor trusts within the meaning of Sections 671 through 679 of the Internal Revenue Code, and (ii) to satisfy the rules applicable to so-called "rabbi trusts" as described in rulings and announcements of the Internal Revenue Service and the Department of Labor.

Examples of Grantor Trusts in a sentence

The Trustee shall prepare, sign and file all of the tax returns in respect of the Grantor Trusts.
All terms defined in the document entitled "OFL Grantor Trusts Standard Terms and Conditions of Agreement Effective March 1, 1993" (the "Standard Terms and Conditions") shall have the same meaning with respect to each Series in this Agreement.
In the event that an employee grantor trust (“Grantor Trust”) has been established among the Company, the Executive and a Trustee, the Company shall provide the additional pension benefits payable under this Section 2(d) in the same manner as Supplemental Plan benefits are provided after termination of employment to executives with Grantor Trusts and shall be calculated using the same assumptions as used to provide Supplemental Plan benefits.
Covered Persons are NOT permitted to buy ETFs that are organized as Grantor Trusts (e.g., HOLDRs).
Grantor Trusts represent undivided beneficial ownership in the common stock of a group of specific companies.
The Servicing Accounts shall not be considered part of the segregated pool of assets constituting REMIC I, REMIC II or the Grantor Trusts.
The parties hereto acknowledge that the New NGC Grantor Trusts’ transfer of the Nonqualified Plan True-Up Amounts to an HII grantor trust shall be in full settlement and satisfaction of the obligations of New NGC and the New NGC Grantor Trusts to transfer assets to HII or any HII grantor trust pursuant to this Section 7.2(d).
On or prior to the Effective Time, New SAIC shall, or shall cause another New SAIC Entity to, adopt one or more grantor trusts in a form or forms that are substantially comparable to the Leidos Grantor Trusts as in effect immediately prior to the Effective Time.
A-40 (c) Grantor Trusts..........................................
In addition, prior to taking any action with respect to the Grantor Trusts, or causing the Trust Fund to take any action, that is not expressly permitted under the terms of this Agreement, the Master Servicer and the Special Servicer shall consult with the REMIC Administrator or its designee, in writing, with respect to whether such action could cause an Adverse Grantor Trust Event to occur.

More Definitions of Grantor Trusts

Grantor Trusts means the following ▇▇▇▇▇▇ 1998 Irrevocable Trusts, dated May 8, 1998: Trust I (▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Trustee), Trust II (▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Trustee) and Trust III ( ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Trustee).

Grantor Trusts. The grantor trusts described in Section 2.07 hereof. GreenPoint: GreenPoint Mortgage Funding Inc., a New York corporation, or its successor in interest.

Grantor Trusts means and include Grantor Trust I, Grantor Trust II and Grantor Trust III.

Grantor Trusts. Those portions of the Trust exclusive of the REMICs consisting of (a) the rights of the Class I-A-2, Class I-A-12 and Class I-A-27 Certificates to receive amounts from the related Reserve Fund and (b) the Yield Maintenance Agreements and the Reserve Funds related to the Class I-A-2, Class I-A-12 and Class I-A-27 Certificates, respectively. Group: Either Group I or Group II.

Grantor Trusts. With respect to each Trust, such Trust is a grantor trust established under the Laws of the State of California. With respect to the Trusts, (i) Marc Laurence Greenberg has the f▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇y and authority necessary to (x) cause the Greenberg Trust to enter int▇ ▇▇▇ ▇▇▇form its obligations under this Agreement and the other Seller Transaction Agreements to which such Trust is a party, and (y) consummate the transactions contemplated hereby and thereby; and (ii) Richard B. Goldberg has the ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇y and authority necessary to (x) cause the Goldberg Trust to enter into ▇▇▇ ▇▇▇form its obligations under this Agreement and the other Seller Transaction Agreements to which such Trust is a party, and (y) consummate the transactions contemplated hereby and thereby.

Grantor Trusts means those six transactions of predominantly fixed rate mortgage loans that were originated by Crown Bank and securitized through grantor trusts, whose certificates were subsequently sold to other financial institutions, that were renegotiated subsequently in 2007 as a result of Crown Bank’s accounting restatements.