Trust Asset definition
Examples of Trust Asset in a sentence
The Depositor will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Contract in the Contract Pool or on any other Trust Asset or on any related Equipment, whether now existing or hereafter transferred to the Trust, or any interest therein (except for Permitted Liens).
Such accounts, records and computer systems shall indicate, among other things, the Pool to which each Lease Agreement, Leased Vehicle or other Trust Asset is allocated and reflect the interest of the Settlor or the Related Beneficiary, as applicable, therein.
Each Account will continue to be owned by the related Account Owner and will not be a Trust Asset.
Transferor Seller Servicer Indenture Trustee Owner Trustee Collateral Agent Titling Trust Asset Representations Reviewer Part II - Form 10-D Disclosure Items Information included in the Monthly Investor Report Servicer Administrator Any information required by Item 1121(a) and (b) which is NOT included on the Monthly Investor Report Depositor Item 1A.
All Trust Asset Distributions deposited from time to time in any Certificate Account, and all investments made with such moneys will be held by the Trustee in such Certificate Account for the benefit of the Holders of Certificates of the related Trust as herein provided, subject to withdrawal by the Trustee for the purposes set forth in Section 5.04.