Certificate Purchaser Amount definition
Examples of Certificate Purchaser Amount in a sentence
Each Certificate shall (i) be dated the Document Closing Date, (ii) be stated to mature on the Final Maturity Date and (iii) bear a Yield on the unpaid Certificate Purchaser Amount thereof from time to time outstanding at a rate equal to the Yield Rate.
On the Final Maturity Date, Certificate Trustee shall pay, from the Trust, as a return of TRUST AGREEMENT equity the aggregate unpaid Certificate Purchaser Amount of the Certificates as of such date.
Each Certificate issued pursuant to this Section 2.9 shall bear a notation by Certificate Trustee of: (i) the aggregate amounts of Certificate Purchaser Amount of, and Yield on, such mutilated, destroyed, lost or stolen Certificate that were paid to any holder thereof at any time prior to the delivery of such new Certificate; and (ii) the date to which Yield on such mutilated, destroyed, lost or stolen Certificate had been paid to any holder thereof at the time of such delivery.
Each holder of a Certificate shall be entitled to receive the Yield on the Certificate Purchaser Amount set forth in its Certificate, which Yield, other than Capitalized Yield, shall be payable on each Payment Date, and to the return to it of such Certificate Purchaser Amount at the Stated Maturity thereof, in accordance with the terms of such Certificate and the Trust Agreement.
Such new Certificate shall be: (i) registered in the name in which such mutilated, destroyed, lost or stolen Certificate was registered; (ii) in the same original Certificate Purchaser Amount as such mutilated, destroyed, lost or stolen Certificate; and (iii) dated the date of such mutilated, destroyed, lost or stolen Certificate.
The Certificate Purchasers shall at all times prior to the Commitment Termination Date maintain an aggregate Certificate Purchaser Amount in the Trust equal to not less than three percent (3%) of the sum of (i) the original principal amount of the Notes issued by Certificate Trustee from time to time and (ii) the Certificate Purchaser Amounts invested from time to time; provided, however, that this Section 6.2(g) shall not be construed to increase or otherwise affect any Participant's Commitment.
In addition, on each Payment Date during any Construction Period, each Certificate Purchaser shall make a notation on the grid attached to such Certificate Purchaser's Certificate indicating the amount of Capitalized Yield on such Certificate Purchaser's Certificate during the Interest Period ending on such Payment Date (which Capitalized Yield shall thereby be added to the Certificate Purchaser Amount of such Certificate).
Promptly upon receipt of such documents by Certificate Trustee, Certificate Trustee shall execute and deliver to such Certificate Purchaser new Certificates in the same aggregate original Certificate Purchaser Amount, and dated the same date, as such surrendered Certificate(s).
With respect to its Certificate Purchaser Amount, if any, or Lender Amount, if any, the Administrative Agent and the Investment Trust Beneficiary shall have the same rights and powers under this Agreement as any other Funding Participant and may exercise the same as though it were not the Administrative Agent or Investment Trust Beneficiary, as the case may be.
Upon the making of its Contribution, each ------- Certificate Purchaser shall make a notation in its records indicating the amount of such Contribution and the Certificate Purchaser Amount of such Certificate Purchaser as of the Refinancing Date.