Beneficial Owner Tender Provisions definition

Beneficial Owner Tender Provisions. As set forth in the Remarketing Prospectus dated . In the event that the Remarketing Agents fail to remarket all Class A-[ ] Notes validly tendered for remarketing on the Reset Date, then the Remarketing Agents shall promptly notify the Administrator and the Indenture Trustee of such failure. Failed Remarketing Rate: Form of Notes: Global certificate registered in the name of the nominee of the applicable depository of the Notes, which is DTC, Clearstream, Luxembourg or Euroclear. The beneficial owners of the Notes (“Beneficial Owners”) are not entitled to receive definitive certificates representing their Notes, except under limited circumstances. A Beneficial Owner’s ownership of a Note currently is recorded on or through the records of the brokerage firm or other entity that is a participant in DTC, Clearstream, Luxembourg or Euroclear and that maintains such Beneficial Owner’s account. Purchase Price: 100% of the principal amount of the tendered Notes. Payable to DTC, Clearstream, Luxembourg or Euroclear for the Beneficial Owners of tendered Notes. Remarketing Fee (expressed as a percentage of the outstanding principal amount of the Notes, payable except in the case of a Failed Remarketing): As set forth in the Remarketing Agency Agreement. Wire Instructions: Other: Closing: The foregoing terms are hereby confirmed and agreed to as of this day of . SLM STUDENT LOAN TRUST 2006-5 By: CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS INC. By: Name: Title: DEUTSCHE BANK SECURITIES INC. By: Name: Title: By: Name: Title: APPENDIX D RESET RATE NOTE PROCEDURES APPENDIX E REMARKETING FEE SCHEDULE Maximum Remarketing Fees The maximum remarketing fees payable to the Remarketing Agents in respect of each Reset Date shall be: AVERAGE LIFE (Duration of Applicable Reset Period) PERCENTAGE OF THE OUTSTANDING PRINCIPAL AMOUNT OF THE NOTES (bps) [3 months 5.00 6 months 10.00 9 months 12.00 1 year 17.00 2 years 20.00 3 years 20.00 4 years 22.50 5 years 22.50 6 years 25.00 7 years 25.00 8 years 25.00 9 years 35.00 10 years 35.00 ]
Beneficial Owner Tender Provisions. As set forth in the Remarketing Prospectus dated ________. In the event that the Remarketing Agents fail to remarket all Class A-[__] Notes validly tendered for remarketing on the Reset Date, then the Remarketing Agents shall promptly notify the Administrator and the Indenture Trustee of such failure. Failed Remarketing Rate: Form of Notes: Global certificate registered in the name of the nominee of the applicable depository of the Notes, which is DTC, Clearstream or Euroclear. The beneficial owners of the Notes ("Beneficial Owners") are not entitled to receive definitive certificates representing their Notes, except under limited circumstances. A Beneficial Owner's ownership of a Note currently is recorded on or through the records of the brokerage firm or other entity that is a participant in DTC, Clearstream or Euroclear and that maintains such Beneficial Owner's account. Purchase Price: 100% of the principal amount of the tendered Notes. Payable to DTC, Clearstream or Euroclear for the Beneficial Owners of tendered Notes. Remarketing Fee (expressed as a percentage of the outstanding principal amount of the Notes, payable except in the case of a As set forth in the Remarketing Failed Remarketing): Agency Agreement. Wire Instructions: Other: Closing: The foregoing terms are hereby confirmed and agreed to as of this ___ day of ______. SLC STUDENT LOAN TRUST 20__-__ By:____________________________________ not in its individual capacity but solely as Owner Trustee By:____________________________________ Name: Title: THE STUDENT LOAN CORPORATION, as Administrator By:____________________________________ Authorized Signatory ____________________________________ By:____________________________________ Name: Title: ____________________________________ By:____________________________________ Name: Title: APPENDIX C RESET RATE NOTE PROCEDURES (To Be Provided For Each Applicable Transaction) APPENDIX D REMARKETING FEE SCHEDULE Maximum Remarketing Fees The maximum remarketing fees payable to the Remarketing Agents in respect of each Reset Date shall be: AVERAGE LIFE (Duration of Applicable Reset Period) PERCENTAGE OF THE OUTSTANDING PRINCIPAL AMOUNT OF THE NOTES (bps) 3 months 6 months 9 months 1 year 2 years 3 years 4 years 5 years 6 years 7 years 8 years
Beneficial Owner Tender Provisions. As set forth in the attached Pricing Supplement dated ___________________. In the event that the Remarketing Agent fails to purchase all Notes validly tendered for purchase on the Remarketing Reset Date, then the Remarketing Agent shall promptly notify the Company and the Trustee of such failure.

More Definitions of Beneficial Owner Tender Provisions

Beneficial Owner Tender Provisions. As set forth in the attached Pricing Supplement dated March 31, 1998. In the event that the Remarketing Underwriter fails to purchase all Notes validly tendered for purchase on the Tender Date, then the Remarketing Underwriter shall promptly notify the Operating Partnership and the Trustee of such failure.
Beneficial Owner Tender Provisions. As set forth in the attached Prospectus Supplement dated June 17, 1998. In the event that the Reset Remarketing Agent fails to purchase all Senior Notes validly tendered for purchase on the Reset Tender Date, then the Reset Remarketing Agent shall promptly notify the Company and the Trustee of such failure.
Beneficial Owner Tender Provisions. As set forth in the Preliminary Remarketing Prospectus dated January 10, 2018. In the event that the Remarketing Agents fail to remarket all Notes validly tendered for Remarketing on the Reset Date, then the Remarketing Agents shall promptly notify the Administrator and the Indenture Trustee of such failure. Failed Remarketing Rate: Three-Month EURIBOR + 0.55% Form of Notes: Global certificate registered in the name of the nominee of the applicable depository of the Notes, which is DTC, Clearstream, Luxembourg or Euroclear. The beneficial owners of the Notes (“Beneficial Owners”) are not entitled to receive definitive certificates representing their Notes, except under limited circumstances. A Beneficial Owner’s ownership of a Note currently is recorded on or through the records of the brokerage firm or other entity that is a participant in DTC, Clearstream, Luxembourg or Euroclear and that maintains such Beneficial Owner’s account. Purchase Price: 100% of the principal amount of the Notes Payable to DTC, Clearstream, Luxembourg or Euroclear for the Beneficial Owners of tendered Notes. Remarketing Fee for tendered notes (expressed as a percentage of the outstanding principal amount of the tendered Notes that successfully remarket, payable except in the case of a Failed Remarketing): As set forth in the Remarketing Agency Agreement
Beneficial Owner Tender Provisions. As set forth in the Remarketing Prospectus dated , . In the event that the Remarketing Agents fail to remarket all Class A-5 Notes validly tendered for remarketing on the Reset Date, then the Remarketing Agents shall promptly notify the Administrator and the Trustee of such failure. Failed Remarketing Rate: % Form of Class A-5 Notes: Global certificate registered in the name of the nominee of the applicable depository of the Class A-5 Notes, which is DTC, Clearstream, Luxembourg or Euroclear. The beneficial owners of the Class A-5 Notes (“Beneficial Owners”) are not entitled to receive definitive certificates representing their Class A-5 Notes, except under limited circumstances. A Beneficial Owner’s ownership of a Class A-5 Note currently is recorded on or through the records of the brokerage firm or other entity that is a participant in DTC, Clearstream, Luxembourg or Euroclear and that maintains such Beneficial Owner’s account. Purchase Price: 100% of the principal amount of the tendered Class A-5 Notes. Payable to DTC, Clearstream, Luxembourg or Euroclear for the Beneficial Owners of tendered Class A-5 Notes. Remarketing Fee (expressed as a percentage of the outstanding principal amount of the Class A-5 Notes, payable except in the case of a Failed Remarketing): As set forth in the Remarketing Agreement. Wire Instructions: Other: Closing: ,
Beneficial Owner Tender Provisions. As set forth in the Remarketing Prospectus dated __________ __, ____. In the event that the Remarketing Agents fail to remarket all Class Notes validly tendered for remarketing on the Reset Date, then the Remarketing Agents shall promptly notify the Administrator and the Trustee of such failure. ------------------------------------------------- ------------------------------ ------------------------------------------------- ------------------------------ Failed Remarketing Rate: ____% ------------------------------------------------- ------------------------------ Form of Notes: Global certificate registered in the name of the nominee of the applicable depository of the Notes, which is DTC, Clearstream, Luxembourg or Euroclear. The beneficial owners of the Notes ("Beneficial Owners") are not entitled to receive definitive certificates representing their Notes, except under limited circumstances. A Beneficial Owner's ownership of a Note currently is recorded on or through the records of the brokerage firm or other entity that is a participant in DTC, Clearstream, Luxembourg or Euroclear and that maintains such Beneficial Owner's account. ------------------------------------------------- ------------------------------ Purchase Price: 100% of the principal amount of the tendered Notes. Payable to DTC, Clearstream, Luxembourg or Euroclear for the Beneficial Owners of tendered Notes. ------------------------------------------------- ------------------------------ Remarketing Fee (expressed as a percentage of As set forth in the principal the outstanding principal amount of the Notes, Remarketing Agency Agreement. payable except in the case of a Failed Remarketing): ------------------------------------------------- ------------------------------ Wire Instructions: ------------------------------------------------- ------------------------------ Other: ------------------------------------------------- ------------------------------ Closing: __________ __, ____ ------------------------------------------------- ------------------------------

Related to Beneficial Owner Tender Provisions

  • Non-U.S. Beneficial Ownership Certification As defined in Section 5.03(f) of this Agreement.

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Beneficial Ownership Certification means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.

  • Regulation S Permanent Global Certificate means any single permanent global Certificate, in definitive, fully registered form without interest coupons received in exchange for a Regulation S Temporary Global Certificate.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Regulation S Permanent Global Note means a permanent Global Note in the form of Exhibit A1 hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding principal amount of the Regulation S Temporary Global Note upon expiration of the Restricted Period.

  • Regulation S Permanent Global Security with respect to any series of Securities, means one or more permanent Global Securities bearing the Private Placement Legend, that will be issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series initially sold or, if required by Rule 903 of Regulation S, of the Regulation S Temporary Global Security of such series upon expiration of the Distribution Compliance Period with respect to such series, as the case may be.

  • Permanent Regulation S Global Note means a permanent Global Note in the form of Exhibit A hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding principal amount of the Temporary Regulation S Global Note upon expiration of the Restricted Period.

  • Regulation S Global Certificate With respect to any Class of Book-Entry Non-Registered Certificates offered and sold to institutions that are non-United States Securities Persons in Offshore Transactions in reliance on Regulation S, a single global Certificate, or multiple global Certificates collectively, in definitive, fully registered form without interest coupon, each of which Certificates bears a Regulation S Legend.

  • Transfer Provisions means the provisions of Section 00-00-000 of the FILOT Act, as amended or supplemented from time to time, concerning, among other things, the necessity of obtaining County consent to certain transfers. Any reference to any agreement or document in this Article I or otherwise in this Fee Agreement shall include any and all amendments, supplements, addenda, and modifications to such agreement or document.

  • Trust Beneficial Owner means the beneficial owner of the Trust Beneficial Interest.

  • Regulation S Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold outside the United States in reliance on Regulation S;

  • Regulation S Global Note means a Regulation S Temporary Global Note or Regulation S Permanent Global Note, as appropriate.

  • Regulation S Global Certificates As defined in Section 5.02(c)(i) of this Agreement.

  • Regulation S Global Notes has the meaning set forth in Section 2.16.

  • Beneficial Owners means Persons who Beneficially Own the referenced securities.

  • Restricted Global Certificate Has the meaning specified in Section 3.01(c).

  • Certificate of Beneficial Ownership means, for each Borrower, a certificate in form and substance acceptable to Agent (as amended or modified by Agent from time to time in its sole discretion), certifying, among other things, the Beneficial Owner of such Borrower.

  • Regulation S Global Security The meaning specified in Section 3.01(c).

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Beneficial Ownership Limitation shall have the meaning set forth in Section 4(d).

  • Preferred Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Rule 144A Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold in the United States to QIBs in reliance on Rule 144A;

  • Continuing ownership interest means ownership of or entitlement to more than twenty five per cent of shares or capital or profits of the company;

  • Capital Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).