Securitization Trust definition

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

Securitization Trust means a trust formed pursuant to a Securitization pursuant to which Note X-0, Xxxx X-0, Xxxx X-0 or Note A-4 is held.

Securitization Trust means the Lead Securitization Trust or any trust formed in connection with the Securitization of any Non-Standalone Note, as the context may require.

Examples of Securitization Trust in a sentence

• If a Holder intends to Transfer its respective Note, or any portion thereof, to an entity that is not a Qualified Institutional Lender, it must first (a) obtain the consent of each non-transferring Holder and (b) if any such non-transferring Holder’s Note is held in a Securitization Trust, provide each of the applicable engaged Rating Agencies for such Securitization Trust with a Rating Agency Confirmation.

• In addition, if any B Note is included in the Lead Securitization Trust, the provisions of this Section 11 shall not apply.

• Prior to the Lead Securitization Date or if each B Note is no longer included in the Lead Securitization Trust, the provisions of this Section 11 shall apply.

• For the avoidance of doubt, the representations in Section 11 shall not be binding upon any Securitization Trust.

• Notwithstanding the preceding sentence, if a Note is held by a Securitization Trust at a time when its Note Holder would be entitled to receive any amount under such preceding sentence, such amount shall be remitted to the Person that was the Note Holder of such Note immediately prior to the transfer of such Note to the depositor for such Securitization.

More Definitions of Securitization Trust

Securitization Trust shall have the meaning specified in Section 6.7(a) of the Sale and Servicing Agreement.

Securitization Trust means GM Financial Automobile Leasing Trust 2017-3, the trust created pursuant to the Original Trust Agreement and continued pursuant to this Agreement.

Securitization Trust shall have the meaning specified in Section 6.7(a).

Securitization Trust means a trust formed pursuant to a Securitization pursuant to which Note A-1, Note A-2, Note A-3, Note A-4, Note A-5, Note A-6, Note A-7, Note A-8, Note A-9, Note A-10, Note A-11, Note A-12, Note A-13, Note A-14, Note A-15, Note A-16, Note A-17, Note A-18, Note A-19, Note A-20 or Note A-21 is held.

Securitization Trust has the meaning set forth in Section 3.01(c).

Securitization Trust shall have the meaning set forth in Section 2.02(b).

Securitization Trust means any Person that is not a Restricted Subsidiary established exclusively for the purpose of issuing securities in connection with any Securitization, the obligations of which are without recourse to the Company or any of its Subsidiaries (other than obligations constituting Indebtedness incurred in accordance with Section 4.9(a) hereof).