Examples of Class A-R Certificateholder in a sentence
If within one year after the second notice all Certificates shall not have been surrendered for cancellation, the Class A-R Certificateholder shall be entitled to all unclaimed funds and other assets of the Trust Fund which remain subject hereto.
The Holder of the largest Percentage Interest of the Class A-R Certificates shall act as "tax matters person" for the Upper-Tier REMIC within the meaning of Treasury Regulations Section 1.860F-4(d), and the Master Servicer is hereby designated as agent of such Class A-R Certificateholder for such purpose (or if the Master Servicer is not so permitted, such Holder shall be the tax matters person in accordance with the REMIC Provisions).
The Holder of the largest Percentage Interest of the Class A-R Certificates shall act as "tax matters person" for the REMIC within the meaning of Treasury Regulations Section 1.860F-4(d), and the Master Servicer is hereby designated as agent of such Class A-R Certificateholder for such purpose (or if the Master Servicer is not so permitted, such Holder shall be the tax matters person in accordance with the REMIC Provisions).
The Holder of the largest Percentage Interest of the Class A-R Certificates shall act as “tax matters person” within the meaning of Treasury Regulations Section 1.860F-4(d) for each REMIC created by this Agreement, and the Master Servicer is hereby designated as agent of such Class A-R Certificateholder for such purposes (or if the Master Servicer is not so permitted, such Holder shall be the tax matters person in accordance with the REMIC Provisions).
The Holder of the largest Percentage Interest of the Class A-R Certificates shall act as "tax matters person" for each of the Upper-Tier REMIC, the Middle-Tier REMIC and the Lower-Tier REMIC within the meaning of Treasury Regulations Section 1.860F-4(d), and the Master Servicer is hereby designated as agent of such Class A-R Certificateholder for such purposes (or if the Master Servicer is not so permitted, such Holder shall be the tax matters person in accordance with the REMIC Provisions).
If within one year after the second notice all Certificates shall not have been surrendered for cancellation, Ambac, with respect to any Reimbursement Amounts, and then the Class A-R Certificateholder shall be entitled to all unclaimed funds and other assets of the Trust Fund which remain subject hereto.
The data sources to be used shall be subject to the Department’s approval.
After the twenty-fourth Distribution Date, the Servicer shall withdraw from the Class A-10 Interest Supplement Account and pay to the Class A-R Certificateholder any amount then remaining therein.
If within one year after the second notice all such Certificates shall not have been surrendered for cancellation, the Class A-R Certificateholder shall be entitled to all unclaimed funds and other assets in respect thereof which remain subject hereto.
The Agent may not resign at any time, except that, upon written notice to the Lenders and the Borrowers, the Agent may resign if in its judgement there exist or may occur reasons related to conflict of interest, a change in, or violation of, law or regulation or interpretation thereof, or such other occurrence that may prevent or impede the Agent in discharging its duties hereunder faithfully and effectively in accordance with their terms.