Trust Certificates definition

Trust Certificates means the asset backed certificates issued pursuant to the Trust Agreement, substantially in the form of Exhibit A to the Trust Agreement.

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Trust Certificates has the meaning set forth in the Trust Agreement.

Trust Certificates means the trust certificates evidencing the beneficial interest of an Owner in the Trust, substantially in the form of Exhibit C hereto.

Examples of Trust Certificates in a sentence

• All Trust Certificates shall be dated the date of their authentication.

• The Trust Certificates, upon original issuance, will be issued in definitive, fully registered form.

• The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

• It is the intent of the Depositor and the Certificateholders that, for purposes of U.S. federal income, state and local income and franchise tax, until the Trust Certificates are beneficially owned by more than one Person (and all such owners are not treated as the same Person for U.S. federal income tax purposes), the Trust will be disregarded as an entity separate from its owner.

• Each Certificateholder by accepting a Trust Certificate acknowledges that such Certificateholder’s Trust Certificates represent beneficial interests in the Trust only and do not represent interests in or obligations of Depositor, the Servicer, Administrator, Seller, Owner Trustee, Indenture Trustee or any Affiliate thereof and no recourse may be had against such parties or their assets, except as expressly set forth or contemplated in the Trust Agreement, the Trust Certificates or the Basic Documents.

More Definitions of Trust Certificates

Trust Certificates means the Certificates.

Trust Certificates. Collectively, the Certificates and the Loan-Specific Certificates.

Trust Certificates means, with respect to Company Preferred Securities issued to the Trust, the certificates issued by the Trust representing undivided beneficial ownership of such Company Preferred Securities.

Trust Certificates. The Renaissance Home Equity Loan Trust 2006-3 Trust Certificates, evidencing the beneficial ownership interest in the Issuer and executed by the Owner Trustee in substantially the form set forth in Exhibit A to the Trust Agreement.

Trust Certificates means the Asset Backed Certificates issued pursuant to this Agreement, substantially in the form of Exhibit A. “Underwriter” means ▇.▇. ▇▇▇▇▇▇ Securities LLC, as representative for the several underwriters pursuant to the Underwriting Agreement.

Trust Certificates means, collectively, the certificates evidencing 100% of the Trust Interests for the Trust Subsidiary.

Trust Certificates. The certificates of beneficial ownership of the Issuer.