Original transferor definition

Original transferor means any grantor, donor, trustor, testator, or person who by grant, gift, trust, will, or otherwise, makes a transfer of real or personal property that results in a federal generation-skipping transfer tax.
Original transferor means any transferor, as defined in Internal Revenue Code Section 2652, who by grant, gift, trust, will, or otherwise makes a transfer of real or personal property that results in a federal generation‑skipping transfer tax under applicable provisions of the Internal Revenue Code at any time and for which a credit is available under Section 2604.
Original transferor means Chase USA, which was the Transferor from May 2, 2002 to, but excluding, the Closing Date and was identified as the Transferor under the Prior Transfer and Servicing Agreements.

Examples of Original transferor in a sentence

  • By execution of the Assignment and Assumption Agreement, Chase Card Funding has assumed and agreed to perform all of the Original Transferor’s covenants and obligations under the Prior Transfer and Servicing Agreements and the Initial Account Assignments, and has accepted all rights granted to the Original Transferor thereunder and pursuant to the terms thereof.

  • The Trustee authenticated and delivered the Original Transferor Certificate to the Transferors simultaneously with the delivery of the Series 1996-1 Investor Certificates.

  • Where the Original Transferor is no longer in existence, the Relevant BP Asset shall be transferred to such member of the BP Group as shall be nominated by BP p.l.c., and BP p.l.c. shall be the Indemnifying Party.

  • The Original Transferor shall indemnify the Relevant Member of the Innovene Group against any Losses (including any Taxation) incurred by the Relevant Member of the Innovene Group in acting as trustee of the Relevant BP Asset or properly carrying out its functions in connection therewith and in retransferring such Relevant BP Asset.

  • As from the Completion Date until the time of such retransfer, the Relevant Member of the Innovene Group shall hold the Relevant BP Asset on trust for the benefit of the Original Transferor and shall account to it accordingly.


More Definitions of Original transferor

Original transferor means the transferor defined in Section 2652 of the Internal Revenue Code, who by grant, gift, trust, will, or otherwise makes a transfer of real or personal property that results in the imposition of federal
Original transferor means Chase USA, as transferor under the Amended and Restated Transfer and Servicing Agreement, the Second Amended and Restated Transfer and Servicing Agreement, and the Third Amended and Restated Transfer and Servicing Agreement.
Original transferor means any grantor, donor, trustor settlor, or testator who by grant, gift, trust, or
Original transferor means, as to a particular share or shares of Common Stock, the Original Stockholder who owned such share(s) on the date of the Original Agreement which share(s) are owned by the Transferee Stockholder on the date of this Agreement.
Original transferor has the meaning given in Clause 13.6; parties means the parties to this Agreement from time to time (including any person who at the relevant time is a party to, or has agreed (by executing a Deed of Adherence) to be bound by, this Agreement); Permitted Affiliate Transferee means, in relation to any Shareholder, any of its Affiliates that is not, at the relevant time a Restricted Person; Pre-emption Period has the meaning given in paragraph 1(b)(iv) of Schedule 1 (Pre- emption on Issue);
Original transferor means any grantor, donor, trustor or testator who by grant, gift, trust or will makes a transfer of real or personal property that results in a federal generation skipping transfer tax under applicable provisions of the Internal Revenue Code.
Original transferor means the person (legal or natural) who transfers or offers to transfer Royalty Interests on the Primary Market.