Underlying Trust Fund definition

Underlying Trust Fund. The trust fund relating to the Underlying Certificate.
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Underlying Trust Fund. As to any Pooled Security, the trust fund in which such Pooled Security evidences a percentage interest.
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Underlying Trust Fund. With respect to the Underlying Certificates, the trust established by the Underlying Trust Agreement providing for the issuance of the Underlying Certificates. Underlying Trustee: U.S. Bank National Association, in its capacity as trustee under the Underlying Trust Agreement, or any successor thereto. Underwriter: Xxxxxx Brothers Inc.
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Examples of Underlying Trust Fund in a sentence

  • Upon any exchange described above, the portions of the Certificates designated for exchange shall be deemed cancelled and replaced by (i) a Combination Certificate, in the event that Constituent Certificates are the sole Certificates designated for exchange or (ii) in all other cases, a Xxxxxx Mae MBS or Mega Security, as applicable, representing an interest in the same Underlying Trust Fund as the Xxxxxx Xxx MBS or Mega Security held in the Trust Fund.

  • Xxxxxx Xxx covenants and agrees not to exercise any repurchase right pursuant to Section 10.01 (or any similar provision) under any Underlying Trust Document pursuant to which any Xxxxxx Mae MBS is issued (including any Xxxxxx Xxx MBS included in an Underlying Trust Fund).


More Definitions of Underlying Trust Fund

Underlying Trust Fund. [to be provided or omitted, as applicable].
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Underlying Trust Fund. The trust fund established under the Underlying Trust Agreement in connection with the Underlying Mortgage Loans. Underlying Trustee: Xxxxx Fargo Bank, N.A. Underwriter: Xxxxxx Brothers Inc. Underwriter’s Exemption: Prohibited Transaction Exemption 2007-5, 72 Fed. Reg. 13130 (2007), as amended (or any successor thereto), or any substantially similar administrative exemption granted by the U.S. Department of Labor.
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Underlying Trust Fund. With respect to the Underlying Certificates, the trust established by the Underlying Trust Agreement providing for the issuance of the Underlying Certificates.
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Underlying Trust Fund. The trust fund established under the Underlying Trust Agreement in connection with the Underlying Mortgage Loans.
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Underlying Trust Fund. The Trust Fund formed by the Underlying Agreement.
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Underlying Trust Fund. With respect to the Certificates and the Underlying CMBS, the trust fund created in connection with the issuance of the Underlying CMBS.
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Related to Underlying Trust Fund

  • Underlying Trust Means the "Trust Fund" as defined in the Underlying Agreement.

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • 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 Property means as of any particular time any and all property, real or personal, tangible or intangible, which at such time is owned or held by or for the account of the Trust or the Trustees in such capacity.

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of this Indenture for the benefit of the Noteholders (including, without limitation, all property and interests Granted to the Indenture Trustee), including all proceeds thereof.

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of the Indenture for the benefit of the Noteholders (including all Collateral Granted to the Indenture Trustee), including all proceeds thereof.

  • Trust Funds means any cash comprised of (i) funds specifically and exclusively used for payroll Taxes, payroll and other employee benefit payments to or for the benefit of any Loan Party’s or its Subsidiaries’ employees, (ii) all Taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof) and (iii) any other funds (A) which any Loan Party holds on behalf of another Person and (B) which such Loan Party holds as an escrow or fiduciary for such Person.

  • Trust Account means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

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

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

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

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

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Grantor Trust means a Trust other than a RIC.

  • Intervening Trust Vehicle with respect to any Securitization Vehicle that is a CDO, shall mean a trust vehicle or entity that holds any Note as collateral securing (in whole or in part) any obligation or security held by such Securitization Vehicle as collateral for the CDO.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Master Trust means Citibank Credit Card Master Trust I.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Note A-2 Trust Fund means the trust formed pursuant to the Note A-2 PSA.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • Trust Student Loan means any student loan that is listed on the Schedule of Trust Student Loans on the Closing Date, plus any Additional Loan, plus any Substituted Loan that is permissibly substituted for a Trust Student Loan by the Depositor pursuant to Section 6(B) of the Sale Agreement or pursuant to Section 6(B) of an Additional Sale Agreement, or by the Servicer pursuant to Section 3.5 of the Servicing Agreement, but shall not include any Purchased Loan following receipt by or on behalf of the Trust of the Purchase Amount with respect thereto or any Liquidated Student Loan following receipt by or on behalf of the Trust of Liquidation Proceeds with respect thereto or following such Liquidated Student Loan having otherwise been written off by the Servicer.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.