Widely Held Fixed Investment Trust definition

Widely Held Fixed Investment Trust as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions.
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Widely Held Fixed Investment Trust as that term is defined in Treasury Regulations ss. 1.671-5(b)(22) or successor provisions. WHFIT Regulations: Treasury Regulations ss. 1.671-5, as amended.
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Widely Held Fixed Investment Trust as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. WHFIT Regulations: Treasury Regulations section 1.671-5, as amended. WMC: WMC Mortgage Corp., a California corporation, and its successors in interest.
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Examples of Widely Held Fixed Investment Trust in a sentence

  • The Trustee will report as required under the Widely Held Fixed Investment Trust Regulations to the extent such information as is reasonably necessary to enable the Trustee to do so is provided to the Trustee on a timely basis.

  • To the extent that the Corridor Contract Grantor Trust is a Widely Held Fixed Investment Trust, the Depositor shall provide the Trustee with information identifying the grantor trust interest holders that are "middlemen" as defined by the Widely Held Fixed Investment Trust Regulations.

  • Absent receipt of such information, and unless informed otherwise by the Depositor, the Trustee will assume there is no secondary market trading of Widely Held Fixed Investment Trust interests.

  • The Trustee will not be liable for any tax reporting penalties that may arise under the Widely Held Fixed Investment Trust Regulations as a result of the Depositor incorrectly determining the status of the Corridor Contract Grantor Trust as a Widely Held Fixed Investment Trust or failing to identify whether or not the Corridor Contract Grantor Trust is a Widely Held Fixed Investment Trust.

  • The Trustee will make available Widely Held Fixed Investment Trust information to holders annually.

  • Each owner of a class of securities representing, in whole or in part, beneficial ownership of an interest in a Widely Held Fixed Investment Trust, by acceptance of its interest in such class of securities, will be deemed to have agreed to provide the Trustee with information regarding any sale of such securities, including the price, amount of proceeds and date of sale.

  • Following the delivery of any such notice the Trustee will report as required under the Widely Held Fixed Investment Trust Regulations to the extent such information as is reasonably necessary to enable the Trustee to do so is provided to the Trustee on a timely basis.

  • Within 10 days after the date, if any, on which the Corridor Contract Grantor Trust becomes a Widely Held Fixed Investment Trust, the Depositor shall notify the Trustee in writing whether the Corridor Contract Grantor Trust is a Widely Held Fixed Investment Trust and if so whether it is a Widely Held Mortgage Trust or a Non-Mortgage Widely Held Fixed Investment Trust.

  • The Grantor Trustee will report as required under the Widely Held Fixed Investment Trust Regulations to the extent such information as is reasonably necessary to enable the Grantor Trustee to do so, and is not in its possession, is provided to the Grantor Trustee on a timely basis.

  • The Grantor Trustee is hereby directed to assume that DTC is the only "middleman" (as such term is defined in the Widely Held Fixed Investment Trust Regulations) unless the Depositor provides the Grantor Trustee with the identities of other "middlemen" that are Certificateholders.


More Definitions of Widely Held Fixed Investment Trust

Widely Held Fixed Investment Trust as that term is defined in Treasury regulations § 1.671-5(b)(22) or successor provisions. WHFIT Regulations: Treasury regulations § 1.671-5, as amended.
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Widely Held Fixed Investment Trust as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. "WHFIT Regulations" shall mean Treasury Regulations section 1.671-5, as amended. The Paying Agent, in its discretion, will report required WHFIT information using either the cash or accrual method, except to the extent the WHFIT Regulations specifically require a different method. The Paying Agent will be under no obligation to determine whether any Certificateholder uses the cash or accrual method. The Paying Agent will make available WHFIT information to Certificateholders annually. In addition, the Paying Agent will not be responsible or liable for providing subsequently amended, revised or updated information to any Certificateholder, unless requested by the certificate holder. The Paying Agent shall not be liable for failure to meet the reporting requirements of the WHFIT Regulations nor for any penalties thereunder if such failure is due to: (i) the lack of reasonably necessary information being provided to the Paying Agent (and not otherwise in its possession), or (ii) incomplete, inaccurate or untimely information being provided to the Paying Agent. Each owner of a class of securities representing, in whole or in part, beneficial ownership of an interest in a WHFIT, by acceptance of its interest in such class of securities, will be deemed to have agreed to provide the Paying Agent with information regarding any sale of such securities, including the price, amount of proceeds and date of sale. To the extent required by the WHFIT Regulations, the Paying Agent will use reasonable efforts to publish on an appropriate website the CUSIPs for the certificates that represent ownership of a WHFIT. The CUSIPs so published will represent the Rule 144A CUSIPs. The Paying Agent will not publish any associated Reg S CUSIPs. The Paying Agent will make reasonable good faith efforts to keep the website accurate and updated to the extent CUSIPs have been received. Absent the receipt of a CUSIP, the Paying Agent will use a reasonable identifier number in lieu of a CUSIP. The Paying Agent will not be liable for investor reporting delays that result from the receipt of inaccurate or untimely CUSIP information. The Paying Agent shall be entitled to additional reasonable compensation for changes in reporting required in respect of the WHFIT Regulations that arise as a result of a change in the WHFIT Regulations or a change in interpretation of the WHFIT Regulations by the IRS ...
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Widely Held Fixed Investment Trust as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. WHFIT Regulations: Treasury Regulations section 1.671-5, as amended. Wells Fargo: Wells Fargo Bank, N.A., a national banking association, anx xxx successxxx xn interest.
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Widely Held Fixed Investment Trust as that term is defined in Treasury regulations § 1.671-5(b)(22) or successor provisions. WHFIT Regulations: Treasury regulations § 1.671-5, as amended. Written Order to Authenticate: A written order by which the Depositor directs the Securities Administrator to execute, authenticate and deliver the Certificates.
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Related to Widely Held Fixed Investment Trust

  • covered investment means, with respect to a Party, an investment in its territory of an investor of the other Party in existence as of the date of entry into force of this Treaty or established, acquired, or expanded thereafter.

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Eligible Investment means any investment that at the time of its acquisition is one or more of the following:

  • Permissible Investment means the investments specified by the Employer as available for investment of assets of the Trust and agreed to by the Trustee. The Permissible Investments under the Plan shall be listed in the Service Agreement.

  • Approved Investment means any type of security, instrument, participation or interest in property, as set forth on Schedule I hereto (which may be amended from time to time by execution of a revised Schedule I, I-A or I-B) in which Cash Collateral may be invested or reinvested by Bank in accordance with Paragraph 2 of Article IV hereof.

  • Qualified investment has the meaning set forth in Section 313.021(1) of the TEXAS TAX CODE, as interpreted by the Comptroller’s Rules.

  • Receivables Net Investment means the aggregate cash amount paid by the lenders or purchasers under any Permitted Receivables Financing in connection with their purchase of, or the making of loans secured by, Receivables Assets or interests therein, as the same may be reduced from time to time by collections with respect to such Receivables Assets or otherwise in accordance with the terms of the Permitted Receivables Documents (but excluding any such collections used to make payments of items included in clause (c) of the definition of Interest Expense); provided, however, that if all or any part of such Receivables Net Investment shall have been reduced by application of any distribution and thereafter such distribution is rescinded or must otherwise be returned for any reason, such Receivables Net Investment shall be increased by the amount of such distribution, all as though such distribution had not been made.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company.

  • Restricted Investment means an Investment other than a Permitted Investment.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Nonpurpose Investment means any investment property, as defined in section 148(b) of the Code, in which Gross Proceeds of the Bonds are invested and which is not acquired to carry out the governmental purposes of the Bonds.

  • Quoted Investment means any Investment which is quoted or listed or in respect of which permission to deal is effective on any Recognised Stock Exchange.

  • Qualified Investments means any of the following if and to the extent permitted by law:

  • Registered Investment Company means any one or more corporations, partnerships or trusts registered under the Investment Company Act of 1940 for which Fidelity Management and Research Company serves as investment advisor.

  • Federal covered investment adviser means a person registered under the Investment Advisers Act of 1940.

  • regulated investment companies (as defined in Section 851 of the Code), all as from time to time in effect (collectively, the "Policies"), and with all applicable provisions of law, including without limitation all applicable provisions of the Investment Company Act of 1940 (the "1940 Act") and the rules and regulations thereunder. Subject to the foregoing, the Sub-Adviser is authorized, in its discretion and without prior consultation with the Manager, to buy, sell, lend and otherwise trade in any stocks, bonds and other securities and investment instruments on behalf of the Series, without regard to the length of time the securities have been held and the resulting rate of portfolio turnover or any tax considerations; and the majority or the whole of the Series may be invested in such proportions of stocks, bonds, other securities or investment instruments, or cash, as the Sub-Adviser shall determine.

  • Qualified equity investment means any equity investment in, or long-term debt security issued by, a qualified community development entity that:

  • Investment Person means all Portfolio Managers of Loomis Sayles and other Advisory Persons who assist the Portfolio Managers in making and implementing investment decisions for an Investment Company or other client of Loomis Sayles, including, but not limited to, designated Research Analysts and traders of Loomis Sayles. A person is considered an Investment Person only as to those client accounts or types of client accounts as to which he or she is designated by Personal Trading Compliance or the Chief Compliance Officer as such. As to other accounts, he or she is simply an Access Person.

  • Special Purpose Investment Personnel means each SEI Access Person who, in connection with his or her regular functions (including, where appropriate, attendance at Board meetings and other meetings at which the official business of a Trust or any Fund thereof is discussed or carried on), obtains contemporaneous information regarding the purchase or sale of a Security by a Fund. Special Purpose Investment Personnel shall occupy this status only with respect to those Securities as to which he or she obtains such contemporaneous information.

  • Regulated investment company has the meaning set forth in Section 851 of the Code.

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

  • Quoted Investments has the meaning set forth in Section 5.12(b)(ii)(A).

  • Applicant’s Qualified Investment means the Qualified Investment of the Applicant during the Qualifying Time Period and as more fully described in EXHIBIT 3 of this Agreement.

  • Portfolio Investment means any Investment held by the Borrower and its Subsidiaries in their asset portfolio.