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Prior Trust definition

Prior Trust means the CompuCredit Credit Card Master Trust, established pursuant to the Prior Pooling and Servicing Agreement and into which the interests in the Receivables in the Initial Accounts and the Prior Additional Accounts were previously transferred to the Prior Trust pursuant to the Prior Pooling and Servicing Agreement. The Prior Trust was terminated on the Initial Issuance Date, and the Initial Accounts and the Prior Additional Accounts are included in the Accounts which are the subject of this Agreement.
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Prior Trust. Any of Trust 1990, Trust 1991, Trust 1992, Trust 1993, Trust ----------- 1994 and, in the event that 91-1 Mortgage Loans are conveyed to the Trust during the Pre-Funding Period, Trust 1995. Prior Trust Pooling and Servicing Agreement: Any of the Trust 1990 Pooling ------------------------------------------- and Servicing Agreement, the Trust 1991 Pooling and Servicing Agreement, the Trust 1992 Pooling and Servicing Agreement, the Trust 1993 Pooling and Servicing Agreement, the Trust 1994 Pooling and Servicing Agreement and, in the event that 91-1 Mortgage Loans are conveyed to the Trust during the Pre-Funding Period, the Trust 1995 Pooling and Servicing Agreement.
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Prior Trust. Any of Trust 1989, Trust 1991, Trust 1993, Trust 1994 ----------- 1, Trust 1994-2, Trust 1995-1 and Trust 1995-2. Prior Trust Pooling and Servicing Agreement: Any of the Trust 1989 ------------------------------------------- Pooling and Servicing Agreement, the Trust 1991 Pooling and Servicing Agreement, the Trust 1993 Pooling and Servicing Agreement, the Trust 1994-1 Pooling and Servicing Agreement, the Trust 1994-2 Pooling and Servicing Agreement, the Trust 1995-1 Pooling and Servicing Agreement or the Trust 1995-2 Pooling and Servicing Agreement.
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Examples of Prior Trust in a sentence

  • Subject to such amendment and restatement, the Prior Trust Deed shall continue in full force and effect.

  • The Prior Trust Deed shall be amended and restated on the terms of this Trust Deed, such amendment and restatement to take effect from the date of this Trust Deed.

  • For so long as the Trust holds Trust Balances of one or more Common Mortgage Loans, the Servicer shall resign from its obligations and duties hereunder promptly upon any resignation from its obligations and duties as servicer under the Prior Trust Pooling and Servicing Agreements applicable to such Common Mortgage Loans.

  • Nothing in this Section 2.1(f) shall be deemed to affect the right or obligation of the Prior Trust Trustee, the Trustee or the Custodial Agent to release or to cause the release of the Mortgage File of any "Mortgage Loan" (as defined in this Agreement and each Prior Trust Pooling and Servicing Agreement) to the servicer of any Prior Trust or the Servicer to the extent permitted or required by the applicable Prior Trust Pooling and Servicing Agreements or hereunder.

  • For so long as the Trust holds Trust Balances of one or more Common Mortgage Loans, the determination set forth in clause (ii) shall provide the basis for the Servicer's resignation only if the Servicer simultaneously resigns from its obligations and duties as servicer under the Prior Trust Pooling and Servicing Agreements applicable to such Common Mortgage Loans.

  • When the Trust Certificate is duly executed and issued by the Trust and duly authenticated by the Owner Trustee in accordance with this Agreement and exchanged for the Prior Trust Certificate, the Trust Certificate shall be fully paid, validly issued non-assessable and entitled to the benefits of this Agreement.

  • Accordingly, the Servicer shall delegate its duties pursuant to Section 7.4(a) to the extent that, but only to those Persons to which, it has delegated its duties as servicer under the applicable Prior Trust Pooling and Servicing Agreements, and otherwise the Servicer shall not be authorized to delegate any of its duties hereunder.

  • The Beneficiary hereby ratifies and confirms the appointment of BNY Mellon Trust of Delaware as Trustee of the Trust effective as of the date of the Prior Trust Agreement, to have all the rights, powers and duties set forth herein and the Delaware Statutory Trust Act.

  • Pursuant to its offering memorandum dated June 1, 2016 and amended and restated January 24, 2017 and March 8, 2017, the Prior Trust raised a total of $16,717,305 by issuing an aggregate of 155,841 participating preferred trust units.

  • The Grantor, the Beneficiary Trustees and the Issuer Trustee are parties to that certain Amended and Restated Trust Agreement dated as of February 19, 1999 (the "Prior Trust Agreement") and now desire to amend and restate the Prior Trust Agreement as set forth below.


More Definitions of Prior Trust

Prior Trust. Any of Trust 1990, Trust 1992, Trust 1993, Trust 1994 and, in ----------- the event that 90-1 Mortgage Loans and 92-1 Mortgage Loans are conveyed to the Trust during the Pre-Funding Period, Trust 1995 and Trust 1996.
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Prior Trust. Any of Trust 1991, Trust 1993, Trust 1994-1, Trust ----------- 1994-2, Trust 1995-1 and Trust 1995-2.
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Related to Prior Trust

  • Master Trust means Citibank Credit Card Master Trust I.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

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

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

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

  • Blind Trust means an independently managed trust in which the employee-beneficiary has no management rights and in which the employee-beneficiary is not given notice of alterations in or other dispositions of the property subject to the trust.

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

  • Grantor Trust means a Trust other than a RIC.

  • 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;

  • Owner Trust means the trust created by this Agreement.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Plan Trust means the trust governed by the Plan.

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • the Trust means the Trust hereby established and which shall be called the Law Society Public Purposes Trust Fund;

  • 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.

  • Trust means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer such property for the benefit of another person; and

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

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

  • Sub-Trust has the meaning set forth in Section 3.01(b) of the Titling Trust Agreement.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Series Trust means the trust known as the Medallion Trust Series [ ] established pursuant to the Master Trust Deed and the Series Supplement.

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

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • 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.

Most Referenced Clauses

Most Referenced Definitions