REMIC Trust Agreement definition

REMIC Trust Agreement. The trust agreement pursuant to which the Underlying REMIC Certificates were issued.
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REMIC Trust Agreement. The trust agreement pursuant to which the Underlying REMIC Certificates were issued. Reserve Bank: Any Federal Reserve Bank, including its branches.
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REMIC Trust Agreement. With respect to any Series, the trust agreement pursuant to which the Underlying REMIC Certificates of such Series were issued.
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Examples of REMIC Trust Agreement in a sentence

  • In the event that there shall be any matter arising under the REMIC Trust Agreement that requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Underlying REMIC Certificates shall vote such Underlying REMIC Certificates in such amounts and proportions as shall reflect instructions received from Holders of Certificates of the related Class or Classes.

  • In the event that there shall be any matter arising under the REMIC Trust Agreement that requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Underlying REMIC Certificates shall not vote such Underlying REMIC Certificates except upon direction to do so from Holders of Certificates of the related Class or Classes.

  • With respect to any Series, the Person defined as the “Transferor” in the related REMIC Trust Agreement.

  • In the event that there shall be any matter arising under any REMIC Trust Agreement that requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Underlying REMIC Certificates shall vote such Underlying REMIC Certificates in such amounts and proportions as shall reflect instructions received from Holders of Certificates of the related Class or Classes.

  • In the event that there shall be any matter arising under the Underlying REMIC Trust Agreement which requires or permits the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the Mortgage Security shall vote such Mortgage Security in accordance with instructions received from Holders of the related Grantor Trust Classes having Class Balances aggregating not less than 51% of the aggregate of the Class Balances of such Classes.

  • In the event that there shall be any matter arising under the Underlying REMIC Trust Agreement which requires or permits the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the Mortgage Securities shall vote the Mortgage Securities in accordance with instructions received from Holders of the Grantor Trust Classes having Class Balances aggregating not less than 51% of the aggregate of the Class Balances of such Classes.

  • In the event that there shall be any matter arising under any REMIC Trust Agreement that requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Underlying REMIC Certificates shall not vote such Underlying REMIC Certificates except upon direction to do so from Holders of Certificates of the related Class or Classes.

  • In the event that there shall be any matter arising under either Underlying REMIC Trust Agreement which requires or permits the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Mortgage Security shall vote such Mortgage Security in accordance with instructions received from Holders of the related Grantor Trust Classes having Class Balances aggregating not less than 51% of the aggregate of the Class Balances of such Classes.

  • In the event that there shall be any matter arising under the REMIC Trust Agreement that requires the vote of holders of REMIC Regular Interests outstanding thereunder, the Trustee as the holder of the related REMIC Regular Interests shall vote each such REMIC Regular Interest in accordance with instructions received from Holders of each related Class of Certificates after giving effect to the Voting Rights Allocation for such Class.


More Definitions of REMIC Trust Agreement

REMIC Trust Agreement. The trust agreement with respect to Xxxxxx Xxx XXXXX Trust 2004-46 of even date herewith pursuant to which the Upper Tier REMIC and Lower Tier REMIC are created
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REMIC Trust Agreement. The Amended and Restated Trust Agreement, dated as of July 1, 2000, between the Depositor and the Owner Trustee, relating to the REMIC Trust.
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REMIC Trust Agreement. As to the REMIC Regular Interests, the trust agreement pursuant to which they were issued.
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REMIC Trust Agreement. As to the REMIC Regular Interests, the trust agreement pursuant to which they were issued.
Sample 1

Related to REMIC Trust Agreement

  • REMIC Trust means a “real estate mortgage investment conduit” within the meaning of Section 860D of the Code that holds the Note.

  • Class B Trust Agreement “Class B Trustee”, “Closing Date”, “Continental”, “Continental Bankruptcy Event”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution Date”, “Financing Agreement”, “Investment Earnings”, “Liquidity Facility”, “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Trust Agreement means this Amended and Restated Trust Agreement, as the same may be modified, amended or supplemented in accordance with the applicable provisions hereof, including all exhibits hereto, including, for all purposes of this Trust Agreement and any such modification, amendment or supplement, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this Trust Agreement and any such modification, amendment or supplement, respectively.

  • 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.

  • Class A Trust Agreement Has the meaning specified in the Intercreditor Agreement.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • 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.

  • 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.

  • Collateral Trust Agreement means the Collateral Trust Agreement, dated as of the date hereof, among, among others, the Borrower, the subsidiaries of the Borrower party thereto from time to time as grantors, the MIP Shareholders party thereto from time to time and GLAS Trust Company LLC, in its respective capacities, including as Collateral Trustee.

  • Voting Trust Agreement means the Voting Trust Agreement entered into ---------------------- as of April 15, 1996 by and among Xxxxxx X. Xxxx; Xxxxx X. Xxxx, Xx.; Xxxxx X. Xxxx, Xx.; and F. Xxxxxx Xxxxxxx as the Voting Trustees and the stockholders of LSAI Holding Corp. who are parties thereto.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

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

  • Pass Through Trust Agreement means each of the two separate Trust Supplements relating to the Pass Through Trusts, together in each case with the Basic Pass Through Trust Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • Trust Agreements shall have the meanings ascribed to them in the introductory paragraph of the Authorized Participant Agreement.

  • SUBI Trust Agreement means the Vehicle Trust Agreement as supplemented by that certain supplement, dated as of September 23, 2010, among the parties to the Vehicle Trust Agreement, as amended or supplemented from time to time.

  • Basic Pass Through Trust Agreement means the Pass Through Trust Agreement, dated October 3, 2012, between Owner and Pass Through Trustee, but does not include any Trust Supplement.

  • Grantor Trust Provisions Subpart E of part I of subchapter J of the Code and Treasury Regulations Section 301.7701-4(c).

  • 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.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • REMIC III Certificateholder The Holder of any REMIC III Certificate.

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

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

  • 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.