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 shall have the meaning specified in the Trust Agreement.

Examples of Certificateholders in a sentence

  • Any funds due after the Cut-Off Date in connection with a Mortgage Loan received by the Seller shall be held in trust on behalf of the Trustee (for the benefit of the Certificateholders) as the owner of such Mortgage Loan and shall be transferred promptly to the Certificate Administrator.

  • If such Loss of Value Payment is made, the Loss of Value Payment shall serve as the sole remedy available to the Certificateholders and the Trustee on their behalf regarding any such Material Defect in lieu of any obligation of the Mortgage Loan Seller to otherwise cure such Material Defect or repurchase or substitute for the affected Mortgage Loan based on such Material Defect under any circumstances.

  • Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

  • The Certificateholders shall not have legal title to any part of the Owner Trust Estate.

  • Any investment of funds in an Investment Account shall be made in the name of the Trustee or a nominee of the Trustee (in each case for the benefit of the Trust Certificateholders and the Uncertificated Interest Owners).


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 means the Persons in whose names Certificates are registered.
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 or “Holders” shall mean the person in whose name a Certificate is registered on the Certificate Register.
Certificateholders has the meaning set forth in the definition of "Holder."