Residual Trust definition

Residual Trust means the trust to be established by the Corporation, which is entitled to receive

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Residual Trust means the grantor trust to be created on the Effective Date to hold the equity interests in Old CNC.

Residual Trust means any variable interest entity identified as a “Residual Trust” in the most recently filed Form 10-K or Form 10-Q of the Borrower, as applicable.

Examples of Residual Trust in a sentence

• The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Lease Assets, including the Secured Notes, shall be enforceable against the Lease Assets only, and not against ACOLT generally or the assets securing any other Series of secured notes or the Residual Trust Assets.

• The Seller hereby directs the Issuer to issue (i) the Class B Notes, the Class C Notes, the Class D Notes and the Certificates to the order of Deutsche Bank Trust Company Americas (in its capacity as the indenture trustee to Chrysler Retail Residual Trust) pursuant to the Indenture dated as of August 3, 2007 between Chrysler Retail Residual Trust, as issuer, and Deutsche Bank Trust Company Americas, as indenture trustee (as amended and supplemented from time to time).

• The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to Series 2013-SN1 or the Lease Assets shall be enforceable against the Series 2013-SN1 Portfolio only, and not against any other Trust Assets or the Residual Trust Assets.

• The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to Series 2014-SN2 or the Lease Assets shall be enforceable against the Series 2014-SN2 Portfolio only, and not against any other Trust Assets or the Residual Trust Assets.

• The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to Series 2014-SN1 or the Lease Assets shall be enforceable against the Series 2014-SN1 Portfolio only, and not against any other Trust Assets or the Residual Trust Assets.

• The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to Series 20 -SN or the Series 20 -SN Lease Assets shall be enforceable against the Series 20 -SN Portfolio only, and not against any other Trust Assets or the Residual Trust Assets.

• The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to Series 20 -SN or the Lease Assets shall be enforceable against the Series 20 -SN Portfolio only, and not against any other Trust Assets or the Residual Trust Assets.

• The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Series 20 -SN Portfolio, including the COLT 20 -SN Secured Notes, shall be enforceable against the Series 20 -SN Portfolio only, and not against any other Series Portfolio or the Residual Trust Assets.

• The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to Series 2015-SN1 or the Lease Assets shall be enforceable against the Series 2015-SN1 Portfolio only, and not against any other Trust Assets or the Residual Trust Assets.

• The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to Series 2012-SN1 or the Lease Assets shall be enforceable against the Series 2012-SN1 Portfolio only, and not against any other Trust Assets or the Residual Trust Assets.

More Definitions of Residual Trust

Residual Trust means the trust to be established by the Corporation, which is entitled to receive the income and bond proceeds of the Corporation that are in excess of the Corporation's expenses, debt service and contractual obligations to the holders and the Commonwealth of Virginia.

Residual Trust. As defined in Section 3.02.

Residual Trust means the trust established in accordance with Article IV.D of the Plan and the Residual Trust Agreement to pay or otherwise resolve the Residual Trust Rights.