Examples of Interest Holder in a sentence
In the event that a Third Party Interest (other than a Public Utility Easement) is to be surrendered prior to creation of an Entitlement Reserve, the parties agree that the surrender of the Third Party Interest shall be the subject of an agreement between the Band, Canada and the Third Party Interest Holder.
Each Lessor is only liable for any breaches under this Lease occurring while registered as the Primary Interest Holder of the Leased Premises.
A separate Capital Account shall be maintained for each Interest Holder.
The successor Interest Holder shall have all the rights of an Interest Holder but shall not be entitled to receive in liquidation of the Interest, the fair market value of the Member’s Interest as of the date the Member involuntarily resigned from the Company.
In the event that any matter arises under the Quarterly Master Trust Agreement that requires or permits the consent of Q-REMIC Interest Holders, the Trustee, as the holder of the related Q-REMIC Mirror Interest, will provide notification of such matter to the I-REMIC Interest Holder of the related I-REMIC Interest and request direction with regard thereto.