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.