Bondholder Representative means Xxxxxxx Mac, in its capacity as bondholder representative, controlling party or majority owner of the Bonds, as applicable, under the Bond Documents.
Bondholder Representative means a legal entity named in the Issue-related Documents and acting on behalf of the Bondholders.
Bondholder Representative means the Person or Persons who are designated by the Holders of a Majority Share to act as provided in Section 15.5 of this Indenture. Citibank, N.A. shall be the initial Bondholder Representative. The Bondholder Representative may appoint a third party to act as its representative in certain capacities, provided it does so in writing and provides such written designation to the Trustee.
Examples of Bondholder Representative in a sentence
The Issuer shall cooperate with the Bondholder Representative, at the expense of the Bondholder Representative, in such defense and make available to the Bondholder Representative any witnesses, pertinent records, materials and information in the Issuer’s possession as reasonably required by the Bondholder Representative.
The parties hereto acknowledge that each of them and the Bondholder Representative and their respective counsel have participated in the drafting and revision of this Indenture.
The Bondholder Representative shall be entitled to assume and control the defense of such claim at its expense through counsel of its choice, provided that such counsel is reasonably satisfactory to the Issuer.
Any such proportional redemption shall be confirmed in writing by the Trustee to the Bondholder Representative and a new Mandatory Sinking Fund Redemption Schedule shall be provided by the Bondholder Representative to the Trustee.
The Indexing Agent will promptly after such determination notify the Trustee, the Borrower and the Bondholder Representative of the applicable Bond Coupon Rate.
More Definitions of Bondholder Representative
Bondholder Representative means the Person or Persons, if any, authorized by the Bondholder Agreement to take actions, give directions, provide consents, or give or rescind notices to the Trustee on behalf of all (or any required percentage) of the Bondholders and otherwise take such actions and exercise such powers as are delegated by the Bondholders to the Bondholder Representative under the Bondholder Agreement, but only while such Bondholder Agreement is in effect. The Bondholder Representative during the initial Interest Period in the Initial LIBOR Term Indexed Mode is Bank of America, N.A., in its capacity as administrative agent under the initial Bondholder Agreement, or its successors or assigns in such capacity under the initial Bondholder Agreement. Upon any resignation of the Bondholder Representative under the Bondholder Agreement (with written notice of such resignation given to the Trustee) and until the Trustee receives written notice that a new Bondholder Representative has been appointed, the references in this Bond Indenture to “Bondholder Representative” shall be of no effect. For the avoidance of doubt, any resignation or replacement of Bank of America, N.A., as administrative agent under the initial Bondholder Agreement with written notice to the Trustee shall automatically constitute its resignation or replacement as Bondholder Representative hereunder.
Bondholder Representative means (i) the Bank or any Affiliate of the Bank, so long as the Bank or such Affiliate owns any of the Bonds; (ii) if neither the Bank nor any Affiliate of Bank owns any of the Bonds, then (a) if and so long as one Holder holds a majority in principal amount of all Outstanding Bonds, such Holder or a Person appointed to be the Bondholder Representative by such Holder; and (b) if and so long as no one Holder owns a majority in principal amount of all Outstanding Bonds, the Holder at the time in question who holds the greatest principal amount of all Outstanding Bonds. As set forth in Section 5.1, in the event of any sale, transfer or other disposition any of the Bonds by the Bank or any Bank Affiliate that owns the Bonds, the Bank shall transfer all Funds and Accounts to the custody of the Trustee. So long as the Bonds are not equally owned by different Holders, the Trustee shall determine the identity of each successor Bondholder Representative based on the criteria set forth in this definition, such determination to be conclusive absent manifest error. If the Outstanding Bonds are equally owned by different Holders, the Bondholder Representative shall be the Bondholder Representative designated by the Holders of a majority in principal amount of all Outstanding Bonds at the time in question. The Trustee shall be provided written notice if there is a change to the initial Bondholder Representative.
Bondholder Representative. ' means, Freddie Mac, in its capacity as bondholder representative, controlling party or majority owner of the Bonds, as applicable, under the Bond Documents.
Bondholder Representative means JPMorgan Chase Bank, National Association, and its successors and assigns.
Bondholder Representative means any Person appointed to such position by written instrument signed by 100% of the Holders of the Outstanding Bonds. If there is no appointed Bondholder Representative, the Holder of a majority in principal amount of the Outstanding Bonds shall be deemed to be the Bondholder Representative. The initial Bondholder Representative is Bonneville Affordable Housing Capital LLC, a California limited liability company.
Bondholder Representative means (i) the existing Trustee, (ii) any entity that replaces the existing Trustee and acts as Trustee under the Bonds, or (iii) if the Trustee does not act as instructed or expresses an intention or inability to act as instructed, or if the Trustee is otherwise unable to act as instructed due to Sanctions, such other entity that has been instructed by the requisite majority of Bondholders to act (and for the avoidance of doubt, in each case, without any Bondholder being required to act in a manner prohibited by Sanctions).
Bondholder Representative means, (a) on and as of the Closing Date, the Purchaser, and