Class A-4 Certificateholder definition

Class A-4 Certificateholder. The registered holder of a Class A-4 Certificate.

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Class A-4 Certificateholder means the Person in whose name the respective Class A-4 Certificate shall be registered in the Certificate Register, except that, solely for the purposes of giving any consent, waiver, request, or demand pursuant to this Agreement, the interest evidenced by any Class A-4 Certificate registered in the name of the Depositor, the Servicer or UAC, or any Person controlling, controlled by, or under common control with the Depositor or the Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, waiver, request, or demand shall have been obtained.

Class A-4 Certificateholder. Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-4 and Exhibit C hereto.

Examples of Class A-4 Certificateholder in a sentence

• By accepting a Class A-4 Certificate, each Class A-4 Certificateholder thereby agrees to direct the Trustee, and the Trustee hereby is directed, to deposit into the Net WAC Reserve Fund any Class A-4/A-5 Net WAC Pass-Through Amount rather than distributing such amounts to the Class A-4 Certificateholders and further agrees that such direction is given for good and valuable consideration, the receipt and sufficiency of which is acknowledged by such acceptance.

• By accepting a Class A-4 Certificate, each Class A-4 Certificateholder acknowledges that for federal, state and local tax purposes any payments of such Class A-3/A-4 Net WAC Pass-Through Amount shall not be payments with respect to a Regular Interest in a REMIC within the meaning of Code Section 860G(a)(1).

• Distributions on this Class A-4 Certificate will be made by the Securitization Trustee by check mailed to the Class A-4 Certificateholder of record in the Certificate Register without the presentation or surrender of this Class A-3 Certificate or the making of any notation hereon except that with respect to Class A-4 Certificates registered in the name of Cede & Co., the nominee for The Depository Trust Company, distributions will be made by wire transfer of immediately available funds.

• By accepting a Class A-4 Certificate, each Class A-4 Certificateholder acknowledges that any such Class A-4/A-5 Net WAC Pass-Through Amount shall for federal, state and local tax purposes be deemed distributed in respect of REMIC III Regular Interest A-4 and the Class A-4 Certificates.

More Definitions of Class A-4 Certificateholder

Class A-4 Certificateholder means the Person in whose name the respective Class A-4 Certificate shall be registered in the Certificate Register, except that, solely for the purposes of giving any consent, waiver, request, or demand pursuant to this Agreement, the interest evidenced by any Class A-4 Certificate registered in the name of the Depositor, the Servicer or BVAC, or any Person controlling, controlled by, or under common control with the Depositor or the Servicer (as defined in Section 12.01(b)(ii)(C)), shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, waiver, request, or demand shall have been obtained.

Class A-4 Certificateholder means any Holder of a Class A-4 Certificate.

Class A-4 Certificateholder. The registered holder of a Class A-4 Certificate. Class A-4 Component: Either of the Class I-A-4 PO Component or the Class II-A-4 PO Component.