Certificateholders definition

Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.
Certificateholders has the meaning assigned to such term in the Trust Agreement.
Certificateholders has the meaning specified in the Trust Agreement.

Examples of Certificateholders in a sentence

  • Limited Recourse In respect of any Series of Certificates, the Certificateholders shall have recourse only to the property of the Issuer which is subject to the Security (the "Secured Property") in respect of such Series of Certificates.

  • If the net proceeds of the realisation of the Secured Property are not sufficient to make all payments due in respect of the Certificates and due to each other creditor relating to the Certificates, no other assets of the Issuer will be available to meet such shortfall, the claims of the Certificateholders and any other creditors relating to the Certificates in respect of any such shortfall shall be extinguished.

  • The Certificateholders shall not be entitled to call for redemption of the Certificates prior to the Maturity Date.

  • The Issuer reserves the right to issue from time to time without the consent of the Certificateholders additional tranches of Certificates with substantially identical terms, so that the same shall be consolidated to form a single series and increase the total volume of the Certificates.

  • No commission or expenses shall be charged to the Certificateholders in respect of such payments.


More Definitions of Certificateholders

Certificateholders has the meaning set forth in the definition of "Holder."
Certificateholders. As defined in the Pooling and Servicing Agreement.
Certificateholders shall have the meaning specified in the Trust Agreement.
Certificateholders means the holders of the Certificates.
Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register. Unless otherwise indicated in this Agreement, the Custodial Agreement or the Assignment Agreement, whenever reference is made to the actions taken by the Trustee on behalf of the Certificateholders, such reference shall include the Insurer as long as there is no Insurer Default continuing.
Certificateholders. The holders of the Certificates, as shown on the Certificate Register maintained by the Trustee.
Certificateholders means each of the holders of Certificates, and each of such holder's successors and permitted assigns.