Owner Trusts definition

Owner Trusts means Owner Trust No. 1 and Owner Trust No. 2.
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Owner Trusts means each common law trust or statutory trust, the beneficial interest in which is held by a Borrower Group Company, which shall be the common law trusts or the statutory trusts (including any lessee trust) listed on Schedule 5, as the same may be amended, supplemented, replaced or otherwise modified from time to time.
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Owner Trusts means (i) ▇▇▇▇▇▇ Trust, a Delaware statutory trust, (ii) Hunterstown Trust, a Delaware statutory trust, and (iii) Choctaw County Trust, a Delaware statutory trust.
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Examples of Owner Trusts in a sentence

  • The Owner Trustee shall not take any action (a) that is inconsistent with the purposes of the Owner Trust set forth in Section 2.03 or (b) that, to the actual knowledge of a Responsible Officer of the Owner Trustee, would result in the Owner Trust's becoming taxable as a corporation for federal income tax purposes.

  • FINOVA is the Owner Participant pursuant to Participation Agreements dated as of July 29, 1998 and as of October 19, 1998 and related Owner Trusts (collectively, the OP Agreements”) relating to the ownership and leveraged leases (the “Leases”) to Atlas of B747-400F aircraft N491 and N493 (the “Aircraft”), respectively.

  • If an instrument of acceptance by a successor Pass-Through Trustee shall not have been delivered to the Company, the Owner Trusts, the Owner Participants and the Lease Indenture Trustees within 30 days after the giving of such notice of resignation, the resigning Pass-Through Trustee may petition any court of competent jurisdiction for the appointment of a successor Pass-Through Trustee.

  • None of the Company, the Owner Trusts, the Registrar, the Paying Agent or the Pass-Through Trustee shall be liable for any delay in delivery of such instructions and may conclusively rely on, and shall be protected in relying on, such registration instructions.

  • The obligations of the Seller under this Section 4.01(l) shall be considered to have been relied upon by the Issuer, the Owner Trusts, the Noteholders, the Administrative Agent and the Indenture Trustee and shall survive the execution, delivery, and performance of this Agreement regardless of any investigation made by the Issuer or on its behalf.

  • Nothing in this Pass-Through Trust Agreement or in the Certificates, express or implied, shall give to any person, other than the Company, the Pass-Through Trustee, the Owner Trusts, the Owner Participants and the Lease Indenture Trustees, and their respective successors, and the Holders of Certificates, any benefit or any legal or equitable right, remedy or claim under this Pass-Through Trust Agreement.

  • Written notice of the location of each such other office or agency and of any change of location thereof shall be given by the Pass-Through Trustee to the Company, the Owner Trusts, the Owner Participants, the Lease Indenture Trustees and the Certificateholders.

  • The Pass-Through Trustee, the Company, the Owner Trusts, the Registrar and any agent of the Pass-Through Trustee or the Registrar may treat the person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Pass-Through Trustee, the Company, the Owner Trusts, the Registrar nor any such agent shall be affected by any notice to the contrary.

  • The parties hereto hereby agree that the Lease Indenture Trustee shall have "control" (within the meaning of Section 8-106(d) of the UCC) of the Owner Trust's "security entitlements" (within the meaning of Section 8-102(a)(17) of the UCC) with respect to the financial assets credited to the Lease Indenture Trustee's Account and the Owner Trust hereby disclaims any entitlement to claim "control" of such "security entitlements".

  • The sale of all securities issued by the Providian Master Trust and the Providian Owner Trusts were either duly registered under, or were exempt from the registration requirements of, the Securities Act.


More Definitions of Owner Trusts

Owner Trusts. The un▇▇▇▇▇▇▇▇▇ ▇▇reby acknowledges and consents to the terms of this Servicing Transfer Agreement and, subject to and upon the Effective Date with respect to each Owner Trust Transaction and CIBC Transaction, respectively, hereby appoints SST as Successor Servicer with respect to such Transaction.
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Related to Owner Trusts

  • 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.

  • 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.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Other Trusts Means the Continental Airlines Pass Through Trust 2001-1A-1-O, the Continental Airlines Pass Through Trust 2001-1A-2-O and the Continental Airlines Pass Through Trust 2001-1B-O, created by the Other Agreements.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in June of each year, commencing in June 2022.