Examples of Transferor Trust in a sentence
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Each Trust Certificate (other than the Transferor Trust Certificate) shall be issued in the name of the Initial Purchaser; provided, however, that upon delivery to the Initial Purchaser, the Owner Trustee and the Certificate Registrar of a letter in the form of Exhibit D, such Trust Certificate (other than the Transferor Trust Certificate) shall be reissued in the name and in the denomination set forth in such letter.
The Transferor, as holder of the Transferor Trust Certificate and the Subordinated Notes, shall make no claim upon the Owner Trust Estate for the reimbursement of amounts paid pursuant to this Section.
Except as set forth in the Basic Documents, any attempted transfer of the Transferor Trust Certificate by the Transferor shall be null and void.
If, however, the Trust Certificates are characterized as equity in the Issuer and the Issuer is characterized as a separate entity for federal income tax purposes, it is the intention of the parties that it qualify as a partnership, with the assets of the partnership being the Owner Trust Estate and the partners of the partnership being the Trust Certificateholders (including the Transferor as owner of the Subordinated Notes and the Transferor Trust Certificate) and the Notes being debt of the partnership.
In connection with rendering our opinion, we have examined (i) the Agreement; (ii) the Registration Statement; (iii) the representation letters of (a) the Acquiring Trust and the Transferor Trust dated June 23, 2010, (b) Virtus Investment Advisers, Inc.
Token-DCF uses an opportunistic approach based on packet overhearing for exchanging scheduling information as well as token passing.
Introductory matters to residence 3.8 Controlled Foreign Company (CFC), Transferor Trust and Foreign Investment Fund (FIF) rules were introduced to prevent residents from manipulating income to be deemed to be foreign source income derived by a foreign resident (was therefore not taxable).
Transferor NotesOn Closing, the Partnership will issue $2.6 billion aggregate principal amount of Transferor Notes to the Transferor Trust in exchange for all of the Transferor Trust Notes.
The Owner Trustee shall cause the Transferor Trust Certificate to bear a legend stating "THIS TRUST CERTIFICATE IS NOT TRANSFERABLE EXCEPT IN THE EVENT OF THE DISSOLUTION, TERMINATION OR BANKRUPTCY OF RYDER FUNDING LP WHEN IT IS HOLDER HEREOF, AND ANY TRANSFER IN VIOLATION OF THIS PROVISION SHALL BE NULL AND VOID".