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Common use of Bare Trust Clause in Contracts

Bare Trust. The Trustee holds each CBA Trust Asset attributable to a Relevant Seller on bare trust for that Relevant Seller, in accordance with clause 2.2.

Appears in 2 contracts

Sources: Series Supplement (Securitisation Advisory Services Pty LTD), Series Supplement (Securitisation Advisory Services Pty LTD)

Bare Trust. The Trustee holds each CBA Trust Asset attributable in relation to a Relevant Seller on bare trust for that Relevant Seller, Seller in accordance with clause 2.2.

Appears in 2 contracts

Sources: Series Supplement (Securitisation Advisory Services Pty LTD), Series Supplement (Securitisation Advisory Services Pty LTD)

Related Clauses

  • Delaware Trustee
  • Delaware Trust Assets Purchaser
  • DEUTSCHE TRUSTEE COMPANY
  • Anti-Trust
  • Owner Trustee

Parent Clauses

  • Conveyance of Mortgage Loans Original Issuance of Certificates
  • Declaration of Trust Original Issuance of Certificates
  • Indemnity from Colonial State Bank
  • Indemnity from Homepath

Sub-Clauses

  • Servicing Fees, Trustee/Certificate Administrator Fees and Special Servicing Compensation
  • Investment of Funds in the Collection Account, the REO Account, the Mortgagor Accounts, and Other Accounts
  • Liability of the Master Servicer and the Special Servicer
  • Trustee, Certificate Administrator and Custodian to Cooperate; Release of Mortgage Files
  • Appraisal Reductions; Calculation and Allocation of Collateral Deficiency Amounts; Realization Upon Defaulted Loans
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