Collateral Interest Holder definition
Collateral Interest Holder means the entity so designated in the Loan Agreement.
Collateral Interest Holder means the entity so designated in the Transfer Agreement.
Collateral Interest Holder means (i) initially, the Transferor, (ii) following a Note Trust Transfer, the entity so designated in the applicable Transfer Agreement, and (iii) following any other transfer in accordance with Section 9.06, the applicable transferee.
Examples of Collateral Interest Holder in a sentence
Notwithstanding anything to the contrary herein, Collateral Additional Interest shall be payable or distributed to the Collateral Interest Holder only to the extent permitted by applicable law.
The Collateral Interest Holder shall be deemed to be the Series Enhancer for all purposes under the Agreement and this Supplement.
To the extent that the product of (A) the portion of the Insolvency Proceeds allocated to Series 20[__]-[_] Allocable Finance Charge Collections and (B) the Floating Allocation Percentage with respect to the related Monthly Period exceeds the aggregate amount distributed to the Paying Agent pursuant to the preceding sentence, the excess shall be distributed to the Collateral Interest Holder.
More Definitions of Collateral Interest Holder
Collateral Interest Holder means the entity so designated in writing by the Seller to the Trustee.
Collateral Interest Holder means the entity so designated in writing by the Seller to the Trustee. "Collateral Interest Initial Amount" shall mean
Collateral Interest Holder means National City Bank, or any other entity so designated in writing by the Seller to the Trustee and any permitted assignee thereof, and shall be deemed to be the registered holder thereof.
Collateral Interest Holder shall initially mean the Seller, upon -------------------------- transfer of the Collateral Interest pursuant to the Transfer and Administration Agreement shall mean Providian Secured Note Trust 2000-3, and upon transfer of the Collateral Interest pursuant to the Indenture shall mean The Bank of New York, as Indenture Trustee, or any transferee thereunder.
Collateral Interest Holder of amounts owing on the Closing Date pursuant to the Loan Agreement. Notwithstanding the foregoing, except as expressly provided herein, (i) the provisions of Article VI and Article XII of the Pooling and Servicing Agreement relating to the registration, authentication, delivery, presentation, cancellation and surrender of Registered Certificates shall not be applicable to the Collateral Interest and (ii) the Opinion of Counsel specified in clause (d) of the sixth sentence of subsection 6.9(b) of the Agreement shall not be required with respect to the Collateral Interest.
Collateral Interest Holder on a prior Distribution Date, shall be distributed to the Collateral Interest Holder for application in accordance with the Loan Agreement;
Collateral Interest Holder means the entity so designated in the Loan Agreement. "Collateral Interest Servicing Fee" shall have the meaning specified in subsection 3(a) hereof. "Collateral Monthly Interest" shall mean the monthly interest distributable in respect of the Collateral Interest as calculated in accordance with subsection 4.6(c). "Collateral Monthly Principal" shall mean the monthly principal distributable in respect of the Collateral Interest as calculated in accordance with subsection 4.7 (c). "Collateral Rate" shall mean, for any Interest Period, the rate specified in the Loan Agreement. "Controlled Accumulation Amount" shall mean (a) for any Transfer Date with respect to the Controlled Accumulation Period prior to the payment in full of the Class A Investor Interest, $64,583,333.33; provided, however, that if the Accumulation Period Length is determined to be less than 12 months pursuant to subsection 4.9(i), the Controlled Accumulation Amount for each Transfer Date with respect to the Controlled Accumulation Period prior to the payment in full of the Class A Investor Interest will be equal to (i) the product of (x) the Class A Initial Investor Interest and (y) the Accumulation Period Factor for such Monthly Period divided by (ii) the Required Accumulation Factor Number, (b) for any Transfer Date with respect to the Controlled Accumulation Period after payment in full of the Class A Investor Interest but prior to the payment in full of the Class B Investor Interest, an amount equal to the Class B Investor Interest as of such Transfer Date and (c) for any Transfer Date with respect to the Controlled Accumulation Period after payment in full of the Class B Investor Interest, an amount equal to the Collateral Interest as of such Transfer Date. "Controlled Accumulation Period" shall mean, unless a Pay Out Event shall have occurred prior thereto, the period commencing at the close of business on February 28, 2003 or such later date as is determined in accordance with subsection 4.9(i) and ending on the first to occur of (a) the commencement of the Rapid Amortization Period and (b) the Series 1999-1