VG Funding Eligible Lender Trustee definition

VG Funding Eligible Lender Trustee means ____________________________, not in its individual capacity but solely as interim eligible lender trustee for the benefit of VG Funding under the VG Funding Interim Trust Agreement.

Examples of VG Funding Eligible Lender Trustee in a sentence

  • Notwithstanding the foregoing, the VG Funding Eligible Lender Trustee for the benefit of VG Funding agrees to individually endorse each Note in the form provided by Funding as Funding may from time to time require or if such individual endorsement is required by the Guarantor of the Note.

  • VG Funding shall provide all reasonable assistance necessary for Funding to resolve account problems raised by any Borrower, the Guarantor or the Secretary provided such account problems are attributable to or are alleged to be attributable to (a) an event occurring during the period VG Funding or the VG Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to VG Funding.

  • At the direction of and in such form as Funding may designate, VG Funding and the VG Funding Eligible Lender Trustee for the benefit of VG Funding also agree to individually endorse any Eligible Loan as Funding may request from time to time.

  • VG Funding and the VG Funding Eligible Lender Trustee have not authorized the filing of and are not aware of any financing statements against VG Funding or the VG Funding Eligible Lender Trustee that include a description of collateral covering the Purchased Loans other than any financing statement relating to the security interest granted to the Interim Eligible Lender Trustee hereunder or any other security interest that has been terminated.

  • VG Funding and the VG Funding Eligible Lender Trustee are not aware of any judgment or tax lien filings against VG Funding or the VG Funding Eligible Lender Trustee.

  • If at any time the VG Funding Eligible Lender Trustee shall cease to be or shall be likely to cease to be eligible in accordance with the provisions of Section 8.1 and shall fail to resign after written request therefor by VG Funding, then VG Funding may remove the VG Funding Eligible Lender Trustee.

  • Upon receiving such notice of resignation, VG Funding shall promptly appoint a successor VG Funding Eligible Lender Trustee meeting the eligibility requirements of Section 8.1 by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning VG Funding Eligible Lender Trustee and one copy to the successor VG Funding Eligible Lender Trustee.

  • Effective as of the date hereof, the VG Funding Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement.

  • The VG Funding Eligible Lender Trustee is also authorized and directed on behalf and for the benefit of VG Funding to acquire and hold legal title to the Interim Trust Loans and to take all actions required of the VG Funding Eligible Lender Trustee pursuant to the VG Funding Purchase Agreement and this Agreement.

  • The VG Funding Eligible Lender Trustee shall not take any action that is inconsistent with the purposes of the Trust set forth in the Basic Documents.

Related to VG Funding Eligible Lender Trustee

  • Interim Eligible Lender Trustee shall also mean each successor Interim Eligible Lender Trustee as of the qualification of such Interim Eligible Lender Trustee under the Interim Trust Agreement.

  • Eligible Lender Trustee shall also mean each successor Eligible Lender Trustee as of the qualification of such successor as Eligible Lender Trustee under the Trust Agreement.

  • Eligible Lender an entity that is a “Bank” (as defined in the 0000 Xxx) and is not otherwise prohibited by Section 17 of the 1940 Act from lending to the Borrower.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Note A-3 Master Servicer means the master servicer under the Note A-3 PSA.

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

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.

  • Note A-4 Master Servicer means the master servicer under the Note A-4 PSA.

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • NIM Trustee The trustee for the NIM Securities.

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

  • Note A-2 Trustee means the trustee under the Note A-2 PSA.

  • FTPS Unit Servicing Agent means FTP Services LLC or any successor FTPS Unit servicing agent appointed as hereinafter provided."

  • Trustee/Certificate Administrator Fee With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

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

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in May of each year, commencing in May 2020.

  • Note A-1 Trustee means the trustee under the Note A-1 PSA.

  • 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.

  • Fund/SERV Eligible Unit Servicing Agent means FTP Services LLC or any successor Fund/SERV Eligible Unit servicing agent appointed as hereinafter provided."

  • Delaware Trustee means, with respect to the Trust, the Person identified as the “Delaware Trustee” in the Trust Agreement, solely in its capacity as Delaware Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as therein provided.

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

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

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

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial