Fundings by Certificateholders Sample Clauses

Fundings by Certificateholders. 35 Section 3.06 Calculation of Rates; Conversions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 Section 3.07 Appointment of Certificate Funding Administrator . . . . . . . . . . . . . . . . . . . . . . . . . . 37 ARTICLE FOUR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 ISSUANCE OF CERTIFICATES; SUBSTITUTIONS OF COLLATERAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Section 4.01 Conditions to Initial Issuance of Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Section 4.02 Issuances of Additional Series of Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 Section 4.03 Perfection of Transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 Section 4.04 Substitution, Removal and Purchase of Lease Assets . . . . . . . . . . . . . . . . . . . . . . . . . 44 Section 4.05 Releases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 Section 4.06 Trust Estate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 Section 4.07 Notice of Release . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 Section 4.08 Nature of Transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 i 3 ARTICLE FIVE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47
Sample 1
AutoNDA by SimpleDocs
Fundings by Certificateholders. (a) Upon the issuance of each Series of Certificates and execution of a Certificate Purchase Agreement with respect thereto, the initial Certificateholders shall have agreed, and by their acquisition of any Certificates and execution of an Investment and Assumption Letter after the applicable Delivery Date any subsequent Certificateholders shall have agreed, on the terms and conditions set forth herein and in the related Certificate Purchase Agreement, to make Fundings to the Transferor on the Delivery Date and
Sample 1
Fundings by Certificateholders. (a) Upon the issuance of each Series of Class A Certificates and execution of a Certificate Purchase Agreement on the related Delivery Date, the initial Class A Certificateholders shall have agreed, and by their acquisition of any Class A Certificates and execution of an Investment and Assumption Letter after the applicable Delivery Date any subsequent Class A Certificateholders shall have agreed, on the terms and conditions set forth herein and in the related Certificate Purchase Agreement, to make Fundings to the Transferor on the Delivery Date and from time to time thereafter on any Funding Date during the Funding Period, as specified by the Transferor in accordance with Section 3.05(c) below. On the related Delivery Date, a Funding shall take place under the Fixed Rate Tranche of such Series in the amount equal to any Initial Funding Amount for such Series. Each subsequent Funding shall take place under the Floating Rate Tranche in an amount equal to the applicable Funding Amount; provided, however, unless otherwise specified in the related Supplement, for each calendar month, the aggregate of the Fundings, including the Initial Funding Amount for such Series, during such month shall be in a minimum amount equal to the Minimum Monthly Amount and in a maximum amount equal to the Maximum Monthly Amount. The aggregate amount of all Fundings under any Series shall not exceed the Maximum Series Limit.
Sample 1
Fundings by Certificateholders. 29 Section 3.04. Re-underwriting..........................................30 ARTICLE FOUR ISSUANCE OF CERTIFICATES; SUBSTITUTIONS OF COLLATERAL..........31 Section 4.01. Conditions to Issuance of Certificates...................31
Sample 1
Fundings by Certificateholders. (a) The Certificateholders shall have agreed by their acceptance of their Certificates and execution of an Investment Letter, on the terms and conditions set forth herein to make Fundings to the Trust on behalf of the Transferor on the Closing Date and from time to time thereafter on any Funding Date during the Funding Period, as specified by the Transferor in accordance with Section 3.03(b) below.
Sample 1

Related to Fundings by Certificateholders

  • Actions by Certificateholders (a) Wherever in this Trust Agreement a provision is made that an action may be taken or a notice, demand or instruction given by Certificateholders or Beneficial Owners, such action, notice or instruction may be taken or given by any Certificateholder or Beneficial Owner.

  • Control by Certificateholders Subject to Section 6.03 and the Intercreditor Agreement, the Certificateholders holding Certificates evidencing Fractional Undivided Interests aggregating not less than a majority in interest in the Trust shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee with respect to the Trust or pursuant to the terms of the Intercreditor Agreement, or exercising any trust or power conferred on the Trustee under this Agreement or the Intercreditor Agreement, including any right of the Trustee as Controlling Party under the Intercreditor Agreement or as holder of the Equipment Notes, provided that:

  • Actions by Noteholder or Certificateholders (a) Wherever in this Agreement a provision is made that an action may be taken or a notice, demand or instruction given by the Noteholders or the Certificateholders, such action, notice or instruction may be taken or given by any Noteholder or any Certificateholder, as applicable, unless such provision requires a specific percentage of the Noteholders or the Certificateholders.

  • Statements to Certificateholders and Noteholders (a) On each Determination Date the Servicer shall provide to the Indenture Trustee (with a copy to the Rating Agencies), for the Indenture Trustee to make available to each Noteholder of record, and, if NH Credit or an Affiliate is not the Servicer or the Depositor is not the sole Certificateholder, to the Indenture Trustee (if the Indenture Trustee is responsible on the related Payment Date to make the payment required under Section 5.2(a) of the Trust Agreement) or the Trustee (if the Trustee is responsible on the related Payment Date to make the payment required under Section 5.2(a) of the Trust Agreement), for the Indenture Trustee or Trustee, as applicable, to forward to each Certificateholder of record, a statement substantially in the form of Exhibit C, setting forth at least the following information as to each Class of the Notes and the Certificates to the extent applicable:

  • Statements to the Certificateholders (a) Not later than the second Business Day prior to each Distribution Date, the Servicer shall send to the Paying Agent and the Trustee the relevant information for purposes of this Section 6.02. Not later than each Distribution Date, the Paying Agent shall send to each Certificateholder, the Depositor, the Trustee (if other than the Paying Agent), the Servicer, any co-trustee, and each Rating Agency a statement setting forth the following information, after giving effect to the distributions to be made by the Paying Agent pursuant to Section 6.01 on or as of such Distribution Date:

  • PAYMENTS TO THE CERTIFICATEHOLDERS 64 Section 6.01. Distributions....................................................................64 Section 6.02. Statements to the Certificateholders.............................................67 Section 6.03. Advances by the Servicer.........................................................68 Section 6.04. Allocation of Realized Losses....................................................69 Section 6.05. Compensating Interest; Allocation of Certain Interest Shortfalls.................70 Section 6.06. Subordination....................................................................70

  • Statements to Noteholders and Certificateholders On or before each Determination Date, the Servicer shall provide to the Certificate Paying Agent and to the Relevant Trustee (with a copy to each Rating Agency and the Issuer), and the Relevant Trustee shall forward (or make available on its website, as described below) to each Noteholder and Certificateholder of record as of the most recent Record Date, a statement setting forth for the Collection Period and Payment Date relating to such Determination Date the following information (or such other substantially similar information so long as such information satisfies the requirement of Item 1121 of Regulation AB):

  • Statement to Certificateholders To the extent the Certificate Paying Agent has assumed the role of Relevant Trustee pursuant to the terms of Section 3.10;

  • Statements to Certificateholders Section 5.05 Tax Returns and Reports to Certificateholders................ Section 5.06

  • Payments to Certificateholders 68 Section 4.01. Certificate Account..................................................68 Section 4.02. Distributions........................................................68 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting............................................68 Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.............................................70

Time is Money Join Law Insider Premium to draft better contracts faster.