Lease Trust definition

Lease Trust as used in this Senior Note includes any successor to the Lease Trust under the Indenture.
Lease Trust means Ford Credit Auto Lease Trust 1996-1 created pursuant to the Lease Trust Agreement.
Lease Trust means the Ford Credit Auto Lease Trust 1996-1 established pursuant to this Agreement.

Examples of Lease Trust in a sentence

  • Any reference herein to the "Titling Trustee, acting on behalf of the Titling Trust", or words of similar import, shall be deemed to mean the Titling Trustee, acting on behalf of Toyota Lease Trust and all beneficiaries thereof.

  • No Action Except Under Lease, Trust Indenture or Instructions 43 SECTION 5.06.

  • No Action Except Under Lease, Trust Indenture or Instructions 44 SECTION 5.06.

  • Volkswagen Auto Lease Trust 2012-A MONTHLY SERVICER CERTIFICATE G.

  • There is hereby formed in accordance with the provisions of the Delaware Act, a Delaware business trust to be known as the Toyota Lease Trust.

  • Volkswagen Auto Lease Trust 2011-A MONTHLY SERVICER CERTIFICATE G.

  • The trust created hereby shall be known as “Nissan Auto Lease Trust 20[•]-[•],” in which name the Issuing Entity may engage in activities as permitted by the Basic Documents, make and execute contracts and other instruments and xxx and be sued, to the extent provided herein.

  • Volkswagen Auto Lease Trust 2012-A MONTHLY SERVICER CERTIFICATE E.

  • A memorandum of understanding was entered into by and between the Campbell County Fiscal Court and the Campbell County Consolidated Dispatch Board on June 27, 2002 implementing the following: The Campbell County Fiscal Court will enter into a six year lease with the Kentucky Association of Counties Lease Trust (KACoLT) in the sum of $2,000,000 for the purpose of financing dispatch equipment for the Board.

  • The Company may provide the Client with information relating to products that the Company believes might benefit the Client.


More Definitions of Lease Trust

Lease Trust means the special purpose entity that entered into a synthetic lease arrangement with the Borrower in 2001 to finance the purchase, installation, assembly and construction of five combustion turbines and related property and equipment.
Lease Trust means MW 1997-1 Trust, a bankruptcy-remote ----------- trust. Annex A -------
Lease Trust as used in this Senior Note includes any successor to the Lease Trust under the Indenture. The Senior Notes are issuable only in registered form in denominations as provided in the Indenture, subject to certain limitations therein set forth. THIS SENIOR NOTE AND THE INDENTURE SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER AND THEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. No reference herein to the Indenture and no provision of this Senior Note or of the Indenture shall alter or impair the obligation of the Lease Trust, which is absolute and unconditional, to pay the principal of and interest on this Senior Note at the times, place, and rate, and in the coin or currency herein prescribed. Anything herein to the contrary notwithstanding, except as expressly provided in the Basic Documents, neither PNC Bank, Delaware in its individual capacity, any owner of a beneficial interest in the Lease Trust, nor any of their respective partners, beneficiaries, agents, officers, directors, employees or successors or assigns shall be personally liable for, nor shall recourse be had to any of them for, the payment of principal of or interest on, or performance of, or omission to perform, any of the covenants, obligations or indemnifications contained in this Senior Note or the Indenture, it being expressly understood that said covenants, obligations and indemnifications have been made by the Lease Trustee for the sole purpose of binding the interests of the Lease Trustee in the assets of the Lease Trust. The Senior Noteholder of this Senior Note by the acceptance hereof agrees that except as expressly provided in the Basic Documents, in the case of an Event of Default under the Indenture, the Senior Noteholder shall have no claim against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against, the assets of the Lease Trust for any and all liabilities, obligations and undertakings contained in the Indenture or in this Senior Note. ASSIGNMENT Social Security or taxpayer I.D. or other identifying number of assignee ______________________________ FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto _____________________________________________________________ ________________...
Lease Trust means Ford Credit Auto Lease Trust 2000-1, a common law trust created under the laws of the State of Delaware, acting by and through The Bank of New York (Delaware), not in its individual capacity but solely as Lease Trustee.

Related to Lease Trust

  • Owner Trust means with respect to any Leased Aircraft, the trust created by the "Trust Agreement" referred to in the Leased Aircraft Indenture related thereto.

  • state trust land means land owned by the state-

  • the Macfarlane Trust means the charitable trust, established partly out of funds provided by the Secretary of State to the Haemophilia Society, for the relief of poverty or distress among those suffering from haemophilia;

  • Income trust means a trust that is not a unitrust.

  • 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.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Titling Trust means GE TF Trust, a Delaware statutory trust.

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • 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.

  • Ford Credit means Ford Motor Credit Company LLC, a Delaware limited liability company.

  • 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.

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • Mortgage Servicing Rights The rights and responsibilities of Seller with respect to servicing the Mortgage Loans under the Servicing Agreements, including any and all of the following if and to the extent provided therein: (a) all rights to service a Mortgage Loan; (b) all rights to receive servicing fees, Ancillary Income, reimbursements or indemnification for servicing the Mortgage Loan, and any payments received in respect of the foregoing and proceeds thereof; (c) the right to collect, hold and disburse escrow payments or other payments with respect to the Mortgage Loan and any amounts actually collected with respect thereto and to receive interest income on such amounts to the extent permitted by Applicable Law; (d) all accounts and other rights to payment related to any of the property described in this paragraph; (e) possession and use of any and all Credit Files pertaining to the Mortgage Loan or pertaining to the past, present or prospective servicing of the Mortgage Loan; (f) to the extent applicable, all rights and benefits relating to the direct solicitation of the related Mortgagors for refinance or modification of the Mortgage Loans and attendant right, title and interest in and to the list of such Mortgagors and data relating to their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

  • BMW means Bio-Medical Waste

  • unit trust means any trust established for the purpose, or having the effect, of providing facilities for the participation by persons as beneficiaries under a trust, in profits or income arising from the acquisition, holding, management or disposal of securities or any other property.

  • First trust means a trust over which an authorized fiduciary may exercise the decanting power.

  • Mortgage Sale Agreement means the mortgage sale agreement dated 3 June 2005 as amended and restated on 4 October 2007, 20 May 2008, 23 June 2014, 24 April 2018, 18 April 2020, 16 June 2020 and as further amended and restated on 30 April 2021 made between Santander UK plc (1) Abbey Covered Bonds LLP (2) and Deutsche Trustee Company Limited (the "Security Trustee") (3) (as the same may be or have been amended, varied or supplemented from time to time with the consent of those parties).

  • Auto means a 4-wheel passenger car, station wagon, jeep, pick-up truck or van-type car. It must be licensed for use on public highways. It includes a car owned or leased by the Employer.

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

  • Underlying Trust Means the "Trust Fund" as defined in the Underlying Agreement.

  • 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 Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in May of each year, commencing in May 2020.

  • Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq., as the same may be amended from time to time.

  • Vehicle Trustee has the meaning set forth in the Recitals.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.