Savannah Trust definition

Savannah Trust shall have the meaning provided in Paragraph 27. “Savannah Trust Accounts” shall have the meaning provided in Subparagraph 38(c).
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Savannah Trust shall have the meaning set forth in Recital D.
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Examples of Savannah Trust in a sentence

  • If created, the Savannah Trust-Owned Entity shall own and/or operate, as appropriate, the Savannah Acid Business for the benefit of the Savannah Trust in the Trust’s performance of required Environmental Actions at the Savannah Facility.

  • In furtherance of the purposes of the Savannah Trust, the Savannah Trustee shall determine whether the creation of a limited liability company or similar entity in which the Savannah Trust is at least an 80% owner (“Savannah Trust-Owned Entity”) is necessary to safeguard the Savannah Trust Accounts and the Savannah Trust Assets other than the Savannah Acid Business.

  • Funding from the Savannah Trust Environmental Cost Account may not be used for any other Owned Site or Non-Owned Site, except as otherwise expressly provided by and in accordance with Subparagraph 40(a) below.

  • The Savannah Trustee shall at all times seek to have the Savannah Trust treated as a “qualified settlement fund” as that term is defined in Treasury Regulation section 1.468B-1.

  • For the avoidance of doubt, any such Grantor Trust Election is for tax purposes only and shall in no way affect the substantive rights and obligations of the parties under this Settlement Agreement or the Savannah Trust Agreement.

  • As of the Effective Date, the Savannah Trust shall be responsible for paying all real and personal property taxes first coming due following the Effective Date relating to the Savannah Facility.

  • To the extent that the Debtors choose to make a Grantor Trust Election with respect to the Savannah Trust, the Savannah Trustee shall provide reasonable cooperation to the Debtors as needed to facilitate such election.

  • The Savannah Working Capital to be transferred to the Savannah Trust on the Effective Date shall mean all accounts receivable, inventory, accounts payable, and other current liabilities as of the Effective Date of the Savannah Acid Business and Gypsum Operations.

  • On and after the Effective Date, Debtors and Reorganized Tronox shall have no ownership or other residual interest whatsoever with respect to the Savannah Trust or the Savannah Facility.

  • The Savannah Trustee shall create a segregated Savannah Trust account (“Savannah Trust Environmental Cost Account”) within the Savannah Trust for the Savannah Facility.

Related to Savannah Trust

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

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • Pass Through Trust means each of the two separate grantor trusts that have been created pursuant to the Pass Through Trust Agreements to facilitate certain of the transactions contemplated by the Operative Documents.

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

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

  • Owner Trust means the trust created by this 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.

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;

  • Real Estate Investment Trust means that term as defined under section 856 of the internal revenue code.

  • Virginia real estate investment trust means a real estate investment trust, as defined in 26 U.S.C.

  • Business trust means a trust created for the purpose of making a profit through the combination of capital contributed by the beneficiaries of the trust and through the administration or management of the capital by trustees or a person acting on behalf of the trustees, for the benefit of the beneficiaries;

  • Pass Through Trustee means the trustee under each Pass Through Trust Agreement, together with any successor in interest and any successor or other trustee appointed as provided in such Pass Through Trust Agreement.

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

  • National City National City Mortgage Co., or any successor thereto.

  • Mortgage Servicing Rights The rights and responsibilities of Seller with respect to servicing the Mortgage Loans under the Servicing Agreements, including any and all of the following if and to the extent provided therein: (a) all rights to service a Mortgage Loan; (b) all rights to receive servicing fees, Ancillary Income, reimbursements or indemnification for servicing the Mortgage Loan, and any payments received in respect of the foregoing and proceeds thereof; (c) the right to collect, hold and disburse escrow payments or other payments with respect to the Mortgage Loan and any amounts actually collected with respect thereto and to receive interest income on such amounts to the extent permitted by Applicable Law; (d) all accounts and other rights to payment related to any of the property described in this paragraph; (e) possession and use of any and all Credit Files pertaining to the Mortgage Loan or pertaining to the past, present or prospective servicing of the Mortgage Loan; (f) to the extent applicable, all rights and benefits relating to the direct solicitation of the related Mortgagors for refinance or modification of the Mortgage Loans and attendant right, title and interest in and to the list of such Mortgagors and data relating to their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

  • Class B Pass Through Trust means the American Airlines Pass Through Trust 2013-1B created pursuant to the Basic Pass Through Trust Agreement, as supplemented by Trust Supplement No. 2013-1B, dated as of the Original Issuance Date, between the Company and WTC, as Class B Trustee.

  • 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.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Class A Pass Through Trust means the Delta Air Lines Pass Through Trust 2019-1A created pursuant to the Basic Pass Through Trust Agreement, as supplemented by Trust Supplement No. 2019-1A, dated as of the Issuance Date, between Company and U.S. Bank, as Class A Trustee.

  • Mortgage Sale Agreement means the mortgage sale agreement dated 3 June 2005 as amended and restated on 4 October 2007, 20 May 2008 and as further amended and restated on 25 June 2014 made between Santander UK plc (1) Abbey Covered Bonds LLP (the "LLP") (2) and Deutsche Trustee Company Limited (the "Security Trustee") (3) (as the same may be or have been amended, varied or supplemented from time to time with the consent of those parties).

  • 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;

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

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.