Underlying Trustees definition

Underlying Trustees in the singular, either of [insert] or [insert], and in the plural, both of them, in their capacities as trustees, trust collateral agents or collateral agents, in the Underlying Transactions and any other trustee designated with respect to the Underlying Transactions.
Underlying Trustees. The trustees under the respective Underlying Agreements.
Underlying Trustees means, in the singular, either of Xxxxxx Trust, LaSalle or Collateral Agent, and in the plural, all of them, and their respective successors and assigns, if any, in their capacities as trustees, trust collateral agents or collateral agents, in the Underlying Transactions and any other trustee designated with respect to any of the Underlying Transactions. APPENDIX B SCHEDULE OF LENDER'S INTERESTS EXHIBIT I FORM OF AMENDMENT TO SUBORDINATION AND INTERCREDITOR AGREEMENT This FIRST AMENDMENT TO SUBORDINATION AND INTERCREDITOR AGREEMENT, dated as of October __, 1999 (" First Amendment"), is hereby entered into by and among [(a) AFS Funding Corp., a Nevada Corporation ("BORROWER"); (b) AFS Funding Trust, a Delaware Business Trust ("AFSFT"); (c) the AmeriCredit 1996-C Trust, the AmeriCredit 1996-D Trust, the AmeriCredit 1997-A Trust, the AmeriCredit 1997-B Trust, the AmeriCredit 1997-C Trust, the AmeriCredit 1997-D Trust, the AmeriCredit 1998-A Trust, the AmeriCredit 1998-B Trust, the AmeriCredit 1998-C Trust, the AmeriCredit 1998-D Trust, the AmeriCredit 1999-A Trust, the AmeriCredit 1999-B Trust, the AmeriCredit 1999-C Trust (collectively, the "ISSUERS"); (d) AmeriCredit Financial Services, Inc., a Delaware corporation ("ACFS"), (e) AmeriCredit Management Company, a Delaware corporation ("AMC"), (f) AmeriCredit Corp., a Texas corporation ("ACC"); (g) Bankers Trust Company, a New York banking Corporation, not in its individual capacity, but solely in its capacity as Lender Collateral Agent under the Security Agreement (as defined below) (the "LENDER COLLATERAL AGENT"), (h) Bankers Trust (Delaware), a Delaware banking corporation ("BANKERS TRUST (DELAWARE)"), not in its individual capacity, but solely in its capacity as Owner Trustee; (i) Credit Suisse First Boston, a Swiss banking corporation acting through its New York branch ("CSFB"), in its capacity as Administrative Agent under the Credit Agreement (defined below), (j) those Lenders from time to time party to the Credit Agreement (defined below)(the "Lenders" and collectively with the Lender Collateral Agent and CSFB, the "JUNIOR LIEN HOLDERS"); (k) Financial Security Assurance Inc., a New York stock insurance company ("FSA"), (l) Xxxxxx Trust and Savings Bank, an Illinois banking corporation ("Xxxxxx Trust"), LaSalle Bank National Association formerly known as LaSalle National Bank ("LaSalle"), and Bank One N.A., (each in its capacity as "Collateral Agent" under that certain Spread Account Agreement dated a...

Examples of Underlying Trustees in a sentence

  • The Trustee shall present the documents described in Section 2.01 for registration of transfer of the Underlying Securities, pursuant to the requirements under the related Underlying Agreements, to the related Underlying Trustees, immediately following the Closing Date.

  • Cause the Spread Account Depositor not to incur, create, assume, suffer to exist or otherwise become liable with respect to any Debt other than Debt in favor of FSA and/or the Underlying Trustees created or permitted under or pursuant to the terms of any of the Underlying Transaction Documents.

  • The Borrower is 100% owned by NAFI, and each of the 1997-1 Trust and 1998-1 Trust are 100% owned by the Borrower, and (a) each Underlying Trustee has so registered the Borrower as the sole owner of the Underlying Trust related to it upon such Underlying Trustee's books and records and (b) the owner trustee of the Borrower has registered NAFI as the sole owner of the Borrower on such owner trustee's books and records.

  • No failure or delay on the part of Senior Lien Holder, FSA or the Underlying Trustees in the exercise of any power, right or privilege under this Agreement or any of the other Underlying Transaction Documents shall impair such power, right or privilege or be construed to be a waiver of any default or acquiescence therein, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof or of any other right, power or privilege.

  • In addition, the foregoing is not intended to limit the rights of FSA or the Underlying Trustees pursuant to the Underlying Transaction Documents.

  • No failure or delay on the part of the Senior Lien Holders, FSA or the Underlying Trustees in the exercise of any power, right or privilege under this Subordination Agreement or any of the other Underlying Transaction Documents shall impair such power, right or privilege or be construed to be a waiver of any default or acquiescence therein, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof or of any other right, power or privilege.

  • For purposes of this Subordination Agreement, the "SENIOR SECURED OBLIGATIONS" shall mean all indebtedness and other obligations of any kind of the Borrower or payable from the Borrower Collateral owed to each of the Underlying Trustees, the Senior Lien Holders, FSA and the Noteholders and Certificateholders in connection with the Underlying Transactions.

  • The Borrower is 100% owned by NAFI, and each of the 1997-1 Trust, 1998-1 Trust and the 1999-1 Trust are 100% owned by the Borrower, and (a) each Underlying Trustee has so registered the Borrower as the sole owner of the Underlying Trust related to it upon such Underlying Trustee's books and records and (b) the owner trustee of the Borrower has registered NAFI as the sole owner of the Borrower on such owner trustee's books and records.

  • For purposes of this Agreement, the "SENIOR SECURED OBLIGATIONS" shall mean all indebtedness and other obligations of any kind owed to each of the Underlying Trustees, Senior Lien Holder, FSA and the Noteholders and Certificateholders in connection with the Original Underlying Transaction Documents.


More Definitions of Underlying Trustees

Underlying Trustees means the trustees under the Underlying Issuing Documents in respect to the Agency Securities and any successors and assigns thereunder.
Underlying Trustees the trustees, trust collateral agents or collateral agents, in the Underlying Transactions and any other trustee designated with respect to the Underlying Transactions.

Related to Underlying Trustees

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

  • Other Trustees Means the trustees under the Other Agreements, and any successor or other trustee appointed as provided therein.

  • Trustees refers to the persons who have signed this Agreement and Declaration of Trust, so long as they continue in office in accordance with the terms hereof, and all other persons who may from time to time be duly elected or appointed to serve on the Board of Trustees in accordance with the provisions hereof, and reference herein to a Trustee or the Trustees shall refer to such person or persons in their capacity as trustees hereunder;

  • Indenture Trustees means the Senior Notes Indenture Trustee and the Subordinated Notes Indenture Trustee.

  • or "Trustees means each Person who has signed this Declaration as a trustee, so long as such Person shall continue in office in accordance with the terms hereof, and all other Persons who may from time to time be duly appointed, qualified and serving as Trustees in accordance with the provisions hereof, and references herein to a Trustee or the Trustees shall refer to such Person or Persons solely in their capacity as trustees hereunder.

  • Issuer Trustees means, collectively, the Property Trustee and the Delaware Trustee.

  • Underlying Securities Trustee means The Bank of New York.

  • Administrative Trustees shall have the meaning set forth in the Trust Agreement.

  • 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.

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

  • 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.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • the Trustees means the directors of the Academy Trust (and “Trustee” means any one of those directors), subject to the definition of this term at Article 6.9 (e) in relation to Articles 6.2-6.9;

  • Custodians means all of them, collectively.

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

  • Debenture Trustee means The Bank of New York, as trustee under the Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.

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

  • Continuing Trustee means any member of the Board of Trustees who either (a) has been a member of the Board of Trustees for a period of at least thirty-six months (or since the commencement of the Trust’s operations, if less than thirty-six months) or (b) was nominated to serve as a member of the Board of Trustees by a majority of the Continuing Trustees then members of the Board of Trustees.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Underlying Transfer Agent means State Street Bank and Trust Company or such other organization which may from time to time be appointed by the Fund to act as a transfer agent for the Underlying Portfolios and with respect to which the Custodian is provided with Proper Instructions.

  • Grantor Trust Certificates Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.

  • NIM Trustee The trustee for the NIM Securities.

  • 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.