Owner Trust Certificates definition

Owner Trust Certificates means the certificates issued hereunder evidencing beneficial ownership interests in the Trust.

Owner Trust Certificates. The owner trust certificates issued under a Deposit Trust Agreement and evidencing the entire beneficial ownership interest in a Trust.

Owner Trust Certificates means the Class [P], Class [XS] and Class [R] Certificates issued hereunder.

Examples of Owner Trust Certificates in a sentence

• All Owner Trust Certificates shall be dated the date of their authentication.

• The Owner Trustee is hereby initially appointed (and hereby agrees to act in accordance with the terms hereof) as Certificate Registrar for the purpose of registering Owner Trust Certificates and transfers and exchanges of Owner Trust Certificates as herein provided.

• Owner Trust Certificates bearing the signatures of individuals who were at any time the proper officers of the Owner Trustee shall bind the Owner Trustee, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the delivery of such Owner Trust Certificates or did not hold such offices at the date of such Owner Trust Certificates.

• Whenever any Owner Trust Certificates are so surrendered for exchange, the Owner Trustee shall execute and the Certificate Registrar shall authenticate and deliver, the Owner Trust Certificates which the Certificateholder is entitled to receive.

• All Owner Trust Certificates shall be executed by manual or facsimile signature on behalf of the Trust by an authorized officer of the Owner Trustee, not individually, but solely as Owner Trustee hereunder.

More Definitions of Owner Trust Certificates

Owner Trust Certificates means, collectively (i) the certificates issued under the 2000-1 Trust Agreement evidencing beneficial ownership interests in the 2000-1 Trust and (ii) the certificates issued under the 2000-2 Trust Agreement evidencing beneficial ownership interest in the 2000-2 Trust."

Owner Trust Certificates. The IMPAC CMB Trust 1998-C1 Owner Trust Certificates issued pursuant to the Owner Trust Agreement and, collectively, representing the entire beneficial ownership interest in the Trust Estate, subject to the lien of the Indenture.

Owner Trust Certificates. One or more certificates representing an undivided beneficial ownership interest in the Trust in substantially the form annexed hereto as Exhibit A. Owner Trustee: LaSalle National Trust Delaware, a national banking association, and any successor in interest, not in its individual capacity, but solely as owner trustee under this Agreement.

Owner Trust Certificates has the meaning, with respect to any Series, specified in the Series Supplement relating to such Series.

Owner Trust Certificates means the Residual Interest Certificates.

Owner Trust Certificates. The owner trust certificates issued in three classes under the Owner Trust Agreement and evidencing the entire beneficial ownership interest in the Issuer.

Owner Trust Certificates or “Certificates” shall mean, collectively, the REIT Certificates and the TRS Certificates.