Warehouse Trust definition

Warehouse Trust means a Trust under which the Trustee originates or acquires Receivables using the proceeds of financial accommodation provided under a Warehouse Facility Agreement, some or all of which Receivables may subsequently be acquired by one or more other Trusts.
Warehouse Trust means Conn’s Receivables Warehouse Trust.

Examples of Warehouse Trust in a sentence

  • Intra-group balances, and any unrealised income and expenses arising from intra-group transactions, are eliminated in preparing the consolidated financial statements.The consolidated entity has established a special purpose entity (SPE), Thorn ABS Warehouse Trust No.1, for the purpose of securitising finance lease receivables acquired and other receivables it intends to originate.

  • TRLWT has not been known by any name other than Trinity Rail Leasing Warehouse Trust and Trinity Rail Leasing Trust II, and is not known by any trade names.

  • The consolidated Statement of Financial Position in this financial report includes the assets and liabilities of Thorn ABS Warehouse Trust No. 1.

  • Each Approved Seller which disposes of Receivables to a Warehouse Trust acknowledges and agrees that those Receivables acquired from it by the Trustee in its capacity as trustee of a Warehouse Trust may be disposed of by the Trustee to another Trust.

  • Subject to paragraph (iii) below, a liability arising under or in connection with this Supplementary Terms Notice or the Warehouse Trust can be enforced against the Trustee only to the extent to which it can be satisfied out of the assets and property of the Warehouse Trust which are available to satisfy the right of the Trustee to be exonerated or indemnified for the liability.


More Definitions of Warehouse Trust

Warehouse Trust means any Person (whether or not a Subsidiary of the Company) established for the purpose of issuing notes or other securities in connection with a Warehouse Facility, which notes and securities are backed by specified Receivables purchased by such Person from the Company or any other Subsidiary. As of the date of this Indenture, AmeriCredit Master Trust, AmeriCredit MTN Trust II and AmeriCredit MTN Trust III shall be deemed to satisfy the requirements of the foregoing definition.
Warehouse Trust means OMI Note Trust 2001-A or any successor or replacement entity that is now existing or hereafter formed (including OMI Note Trust 2003-A), each in form and substance satisfactory to Agent.
Warehouse Trust means the WST Warehouse Trust #1.
Warehouse Trust means any Person (whether or not a Subsidiary of the Company) established for the purpose of issuing notes or other securities in connection with a Warehouse Facility, which notes and securities are backed by specified Receivables purchased by such Person from the Company or any other Restricted Subsidiary. As of the date of this Indenture, AmeriCredit BOA Trust, AmeriCredit Canada Funding Trust I, AmeriCredit Manhattan Trust, AmeriCredit Master Trust and AmeriCredit ML Trust shall be deemed to satisfy the requirements of the foregoing definition.
Warehouse Trust means a Trust constituted under the Master Trust Deed (excluding any Seller Trust) which originates or acquires Receivables and Related Securities from a Seller or from the Trustee (in its capacity as trustee of another Trust) with the proceeds of financial accommodation provided under a Warehouse Facility Agreement.
Warehouse Trust. Any trust established by the Sponsor or any affiliate to finance the origination of mortgage loans, including Advanta Mortgage Funding Trust, a Delaware business trust. Section 1.2 Use of Words and Phrases.
Warehouse Trust means any Person (whether or not a Subsidiary of the Company) established for the purpose of issuing notes or other securities in connection with a Warehouse Facility, which notes and securities are backed by specified Receivables purchased by such Person from the Company or any other Restricted Subsidiary.