Supplemental Interest Trustee definition

Supplemental Interest Trustee. The Bank of New York, a New York banking corporation, not in its individual capacity, but solely in its capacity as trustee of the Supplemental Interest Trust for the benefit of the Holders of the Covered Certificates under this Agreement, and any successor thereto, and any corporation or national banking association resulting from or surviving any consolidation or merger to which it or its successors may be a party and any successor trustee as may from time to time be serving as successor trustee hereunder.
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Supplemental Interest Trustee. Deutsche Bank National Trust Company, not in its individual capacity, but solely in its capacity as trustee for the benefit of the Holders of the LIBOR Certificates under this Agreement, and any successor thereto, and any corporation or national banking association resulting from or surviving any consolidation or merger to which it or its successors may be a party and any successor trustee as may from time to time be serving as successor trustee under this Agreement.
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Supplemental Interest Trustee. Not applicable.
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Examples of Supplemental Interest Trustee in a sentence

  • The Supplemental Interest Trustee shall make withdrawals from the Corridor Contract Reserve Fund to make distributions pursuant to Section 4.09 exclusively (other than as expressly provided for in Section 3.08).

  • The Supplemental Interest Trust shall be maintained by the Supplemental Interest Trustee, who initially, shall be the Trustee.

  • On the Closing Date, the Supplemental Interest Trustee shall establish and maintain in its name, in trust for the benefit of the Holders of the Covered Certificates, the Corridor Contract Reserve Fund, and shall deposit $1,000 therein upon receipt from or on behalf of the Depositor of such amount.

  • The Supplemental Interest Trustee shall give notice to the Master Servicer, each Seller, each Rating Agency and the Depositor of any proposed change of the location of the Corridor Contract Reserve Fund prior to any change thereof.

  • The Supplemental Interest Trust shall be maintained by the Supplemental Interest Trustee, who initially shall be the Trustee.

  • Upon any such termination, the Cap Counterparty will be obligated to pay the Supplemental Interest Trustee, for the benefit of the Supplemental Interest Trust, an amount in respect of such termination.

  • The Supplemental Interest Trustee and the Trustee shall not be liable for the content or truthfulness of any such tax certification provided to it.

  • On each Distribution Date, the Supplemental Interest Trustee shall deposit into the Corridor Contract Reserve Fund all amounts received in respect of the Corridor Contracts for the related Interest Accrual Period.

  • The Supplemental Interest Trustee and the Trustee shall have no duty to take action to correct any misstatement or omission in any tax certification provided to it and forwarded to the Swap Counterparty.

  • The Supplemental Interest Trustee shall give notice to the Servicer, the Seller, each Rating Agency and the Depositor of any proposed change of the location of the Supplemental Interest Reserve Fund prior to any change thereof.


More Definitions of Supplemental Interest Trustee

Supplemental Interest Trustee. JPMorgan Chase Bank, National Association, a national banking association, not in its individual capacity but solely as Supplemental Interest Trustee under this Agreement, and any successor hereunder.
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Supplemental Interest Trustee. The Bank of New York, a New York banking corporation, not in its individual or corporate capacity, but solely in its capacity as trustee of the Supplemental Interest Trust for the benefit of the Holders of the Senior Certificates (other than the Class A-R Certificates and Notional Amount Certificates) and Subordinated Certificates under this Agreement, and any successor thereto, and any corporation or national banking association resulting from or surviving any consolidation or merger to which it or its successors may be a party and any successor trustee as may from time to time be serving as successor trustee hereunder. Swap Counterparty: Deutsche Bank AG, New York Branch and its successors.
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Supplemental Interest Trustee. Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely as Supplemental Interest Trustee under this Agreement, and any successor hereunder.
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Supplemental Interest Trustee. The Bank of New York, a New York banking corporation, or its successor in interest, or any successor Supplemental Interest Trustee appointed as herein provided. “Swap LIBOR”: With respect to any Distribution Date, One-Month LIBOR as determined pursuant to the Interest Rate Swap Agreement.
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Related to Supplemental Interest Trustee

  • 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.

  • 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.

  • Supplemental Interest Account As defined in Section 4.07 hereof.

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

  • NIM Trustee The trustee for the NIM Securities.

  • Trust Administrator [______________] Independent Accountants:

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

  • Residual Interest Certificate means any of the Class R-I Certificates, the Class R-II Certificates, the Class R-III Certificates or, if issued in accordance with Section 2.06, the Class R-LR Certificates.

  • Cap Counterparty Not applicable.

  • Residual Interest The sole class of "residual interests" in a REMIC within the meaning of Section 860G(a)(2) of the Code.

  • Note A-4 Trustee means the trustee under the Note A-4 PSA.

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

  • Class R-2 Residual Interest The uncertificated undivided beneficial interest in REMIC II which has been designated as the single class of “residual interest” in REMIC II pursuant to Section 2.11. The Class R-2 Residual Interest, together with the REMIC II Regular Interests, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • Class R-1 Residual Interest The uncertificated undivided beneficial interest in REMIC I which has been designated as the single class of “residual interest” in REMIC I pursuant to Section 2.06.

  • Note A-1 Trustee means the trustee under the Note A-1 PSA.

  • Note A-2 Trustee means the trustee under the Note A-2 PSA.

  • Debenture Trustee means The Bank of New York, as trustee under the Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.

  • indenture trustee or “institutional trustee” means the Trustee.

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

  • Upper-Tier Residual Interest The sole class of “residual interests”, within the meaning of Code Section 860G(a)(2), in the Upper-Tier REMIC and evidenced by the Class R Certificates.

  • Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • Residual Interests As specified in the Preliminary Statement.

  • 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.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • institutional trustee means the Trustee.