Designated Residual Owner definition

Designated Residual Owner. Advanta Finance Residual Corporation.
Designated Residual Owner. Advanta Conduit Receivables, Inc.
Designated Residual Owner. Advanta Mortgage Corp.

Examples of Designated Residual Owner in a sentence

  • The amount so funded by the Designated Residual Owner on any such Payment Date is the "Interest Advance" for such Payment Date.

  • The amount so funded by the Designated Residual Owner on any such Payment Date is the "Interest Advance" with respect to the related Class for such Payment Date.

Related to Designated Residual Owner

  • Residual Ownership Interest Any record or beneficial interest in the Class R Certificates.

  • Permit Holder means the Person to whom a Building Permit has been issued.

  • CCR means the California Code of Regulations.

  • Contract Holder means the person to whom the Benefit Plan is issued. Any other person approved for coverage with the Contract Holder under this plan is a dependent. Under Group coverage, the Contract Holder is the Member who is eligible for coverage because of his or her affiliation with a Group.

  • Transfer Point means any point at which the passenger transfers between aircraft.

  • Co-owner means a Person who owns an Ownership Interest and a Co-Owner of a Series means a Person who owns an Ownership Interest of the Series.

  • Designated Owner has the meaning set forth in the Statement.

  • Class R-1 Residual Interest The uncertificated undivided beneficial interest in REMIC I which has been designated as the single class of “residual interest” in REMIC I pursuant to Section 2.06.

  • Principal owner means any person who owns, controls, votes or has a beneficial

  • New Owner means, collectively, the HDFC and the Company.

  • Affiliate Member means an individual who is an umpire, referee, coach or other official who is associated with the Association but who is not an Individual Member.

  • Class R-2 Residual Interest The uncertificated undivided beneficial interest in REMIC II which has been designated as the single class of “residual interest” in REMIC II pursuant to Section 2.11. The Class R-2 Residual Interest, together with the REMIC II Regular Interests, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • Designated Group means - i) Black designated groups; ii) Black People; iii) Women; iv) people with disabilities or v) Small enterprise, as defined in Section 1 of National Small Enterprise Act, (102 of 1996)

  • crew member means a person assigned by an operator to duty on an aircraft during a flight duty period;

  • Participating Entity Any Subcontractor or Subservicer which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB; provided, further, for the purposes of the third paragraph of Section 7.04(c), that a “Participating Entity” shall be determined without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB. Person: Any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization, government or any agency or political subdivision thereof.

  • Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).

  • Residual Interest The sole class of "residual interests" in a REMIC within the meaning of Section 860G(a)(2) of the Code.

  • Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • PASS-THRU ENTITY A "Pass-Thru Entity" as defined in Section 860E(e)(6) of the Code.

  • Master REMIC As described in the Preliminary Statement.

  • Residual Interests As specified in the Preliminary Statement.