Group I Supplemental Interest Trust Trustee definition

Group I Supplemental Interest Trust Trustee. LaSalle Bank National Association, a national banking association not in its individual capacity but solely in its capacity as group I supplemental interest trust trustee and any successor thereto, and any corporation or national banking association resulting from or surviving any consolidation or merger to which it or its successors may be a party and any successor group I supplemental interest trust trustee as may from time to time be serving as successor group I supplemental interest trust trustee.
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Examples of Group I Supplemental Interest Trust Trustee in a sentence

  • In performing its duties hereunder and under the Group I Swap Agreement and the rights in respect of the Swap Administration Agreement that relate to Loan Group I, the Group I Supplemental Interest Trust Trustee shall be entitled to the same rights, protections and indemnities as provided to the Trustee hereunder.

  • The Seller, the Master Servicer, the Depositor and the Group I Certificateholders by acceptance of their Certificates acknowledge and agree that the Trustee, the Swap Administrator and the Group I Supplemental Interest Trust Trustee shall execute, deliver and perform its respective obligations under the Swap Administration Agreement and shall do so solely in its capacity as Trustee, the Swap Administrator and the Group I Supplemental Interest Trust Trustee and not in its individual capacity.

  • The Trustee, the Swap Administrator and the Group I Supplemental Interest Trust Trustee in its individual capacity shall have no responsibility for any of the undertakings, agreements or representations by it with respect to the Swap Administration Agreement, including, without limitation, for making any payments thereunder.

  • If the Swap Administrator is unable to obtain a replacement interest rate swap agreement within the period specified in the Swap Administration Agreement, any such Group I Swap Termination Payments shall be used by the Swap Administrator, on behalf of the Group I Supplemental Interest Trust Trustee, for payment to the Holders of the Class I-A Certificates and Class I-M Certificates or for such other purpose specified in the Swap Administration Agreement in accordance with the terms thereof.

  • In performing its duties hereunder and under the Group I Interest Rate Swap Agreement and the rights in respect of the Swap Administration Agreement that relate to Loan Group I, the Group I Supplemental Interest Trust Trustee shall be entitled to the same rights, protections and indemnities as provided to the Securities Administrator hereunder.

  • Cash collateral posted by the Group I Swap Provider in accordance with the Group I Swap Credit Support Annex shall be deposited by the Group I Supplemental Interest Trust Trustee in the Group I Swap Collateral Account.

  • The Group I Supplemental Interest Trust Trustee is hereby directed to perform the obligations of the Custodian as defined under the Group I Swap Credit Support Annex (the “Group I Swap Custodian”).

  • The Group I Yield Maintenance Agreement, dated January 30, 2006, between the Group I Supplemental Interest Trust Trustee and Bear Xxxxxxx Financial Products Inc.

  • Under the terms of the agreement, the Company paid US$200,000 in cash and issued 600,000 common shares at a fair value of $150,000 and 600,000 share purchase warrants at an exercise price of $0.40 per share expiring June 14, 2012 with a fair value of $62,374 using the Black-Scholes option pricing method with a volatility of 100%, risk free interest rate of 1.81%, an estimated useful life of 2 years and 0% annual dividend rate.

  • In performing its duties hereunder and under the Group I Swap Agreement, Group I Yield Maintenance Agreement and the rights in respect of the Derivative Administration Agreement that relate to Loan Group I, the Group I Supplemental Interest Trust Trustee shall be entitled to the same rights, protections and indemnities as provided to the Trustee hereunder.

Related to Group I Supplemental Interest Trust Trustee

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Supplemental Interest Trust The corpus of a trust created pursuant to Section 5.07 of this Agreement and designated as the “Supplemental Interest Trust,” consisting of the Swap Agreement, the Swap Account, the Interest Rate Cap Agreement, the Interest Rate Cap Account, the right to receive the Class X Distributable Amount as provided in Section 5.02(f)(vi), the Class LT4-I interest in REMIC 4 and the right to receive Class I Shortfalls.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • NIM Trustee The trustee for the NIM Securities.

  • Trust Administrator [______________] Independent Accountants:

  • Cap Counterparty Not applicable.

  • Note A-1 Trustee means the trustee under the Note A-1 PSA.

  • Note A-4 Trustee means the trustee under the Note A-4 PSA.

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

  • Note A-2 Trustee means the trustee under the Note A-2 PSA.

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

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

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

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

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

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

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

  • 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.

  • Residual Interest Certificate means any of the Class R-I Certificates, the Class R-II Certificates, the Class R-III Certificates or, if issued in accordance with Section 2.06, the Class R-LR Certificates.

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

  • Trustee/Certificate Administrator Fee With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Pass Through Trustee means the trustee under each Pass Through Trust Agreement, together with any successor in interest and any successor or other trustee appointed as provided in such Pass Through Trust Agreement.