Trust Assets means, with respect to the Appointments and to the extent held, deposited or invested by any Seller for the benefit of others (whether or not constituting all or a portion of the corpus of any trust) as collateral, trust assets or otherwise by the applicable Corporate Trust Contracts or any other applicable legal obligation, (a) all cash on hand or held in bank accounts (including the Deposits) or in money market funds, and (b) all shares, stock, bonds, debentures, notes, mortgages, guarantees, letters of credit, certificates of indebtedness, warrants, treasuries or other securities or financial instruments or property of any type or description.

Trust Assets shall have the meaning specified in Section 2.01.

Trust Assets has the meaning set forth in the Titling Trust Agreement.

Examples of Trust Assets in a sentence

Subject to the terms and conditions of the Agreement, the Transferor may, from time to time, direct the Trustee, on behalf of the Trust, to issue one or more new Series of Investor Certificates, which will represent fractional, undivided interests in certain of the Trust Assets.
No other fee, expense, service fee or other compensation is authorized to be paid from the Trust or otherwise with Trust Assets for any purpose.
The Trustee shall hold Trust Assets in the District Account in the name of the Plans as designated by the District in its sole discretion.
Subject to the Trust created hereunder, the Trustee shall hold legal title to the Trust Assets which are to be held for the benefit of the District and the Plan beneficiaries, and the Trustee is entitled to exercise all incidents of ownership in the Trust Assets.
The cost of any such litigation to which the Trustee is a party shall be an expense reimbursable from Trust Assets; provided, however, that to the extent the Trustee has engaged in misconduct, negligence, gross negligence or other malfeasance, the expense shall not be reimbursable from the Trust Assets.

More Definitions of Trust Assets

Trust Assets has the meaning set forth in the SUBI Trust Agreement.

Trust Assets has the meaning given to such term in the Trust Agreement.

Trust Assets means all the property held from time to time by the Trustee under this Agreement, which initially shall consist of the Retained Assets of the Partnership granted, assigned and conveyed to the Trustee by the Partnership, the Cash Reserves, and, in addition, shall thereafter include all proceeds and other receipts of, from, or attributable to any assets, causes of actions or claims held by the Trust.

Trust Assets shall have the meaning specified in Section 2.1.

Trust Assets means the property and proceeds of every description conveyed pursuant to Section 2.1 of the Contribution and Servicing Agreement, together with the Trust Accounts (including all Eligible Investments therein and all proceeds therefrom).

Trust Assets means all property funded to the Trust pursuant to Section 9.2 of the Plan.