entitled definition

entitled. Chase Manhattan Mortgage Corporation, as Servicer, for the benefit of registered holders of Chase Manhattan Acceptance Corporation Multi-Class Mortgage Pass-Through Certificates, Series [ ], Class B-5." Amounts in the Collateral Fund shall continue to be the property of the Purchaser, subject to the first priority security interest granted hereunder for the benefit of the Certificate holders, until withdrawn from the Collateral Fund pursuant to Section 2.02 or 2.03 hereof. Upon the termination of this Agreement and the liquidation of all Mortgage Loans as to which the Purchaser has made any Election to Delay Foreclosure or any Election to Foreclose pursuant to Section 2.04 hereof, the Company shall distribute to the Purchaser all amounts remaining in the Collateral Fund together with any investment earnings thereon. The Collateral Fund shall be an "outside reserve fund" within the meaning of the REMIC Provisions, beneficially owned by the Purchaser. In no event shall the Purchaser (i) take or cause the Trustee or the Company to take any action that could cause any REMIC established under the Trust Agreement to fail to qualify as a REMIC or cause the imposition on any such REMIC of any "prohibited transaction" or "prohibited contribution" taxes or (ii) cause the Trustee or the Company to fail to take any action necessary to maintain the status of any such REMIC as a REMIC.
entitled. Chase Manhattan Mortgage Corporation, as Servicer, for the benefit of registered holders of Chase Mortgage Finance Corporation Multi-Class Mortgage Pass-Through Certificates, Series 2002-S5, Class B-5." Amounts in the Collateral Fund shall continue to be the property of the Purchaser, subject to the first priority security interest granted hereunder for the benefit of the Certificate holders, until withdrawn from the Collateral Fund pursuant to Section 2.02 or 2.03 hereof.

Examples of entitled in a sentence

  • For the purposes of the Limit of Indemnity all the Persons Entitled to Indemnity under Your Policy shall be treated as one party or legal entity so that there will be only two parties to the contract of insurance namely Us and You.

  • Entitled to JSAHead of Proof 1Sanction only imposed if entitled to JSA.

  • Entitled the AISHE Academic Practice Guides, the series is designed to support the development of teaching and learning in practice.

  • All Entitled Shareholders who wish to reinvest the entire Electable Portion or a part thereof into new ABB Shares must sign and submit the DRFs received by them.

  • The Company proposes to provisionally allot the Rights Shares to all Shareholders who are eligible to participate in the Proposed Rights Issue (“Entitled Shareholders”), who comprise Entitled Depositors and Entitled Scripholders (both as defined below).


More Definitions of entitled

entitled. Single Purpose" shall be fully satisfied, such that the Borrower will no longer own the released Property;
entitled. Single Purpose" and "Ownership of Borrower" shall at any time during the term of the Loan cease to be satisfied and complied with in all material respects or if any representation or warranty set forth in SECTION 4.1 entitled "Borrower Representations" or elsewhere in this Agreement or the Loan Documents shall at any time cease to be true and accurate in all material respects;
entitled means beneficially entitled;
entitled. Annual Officer's Certificate" is amended by:
entitled. Debt-Net Worth Ratio" is hereby amended in its entirety to read as follows: Borrower shall maintain. as of the last day of each calendar month, a ratio of Total Liabilities less subordinated debt to Tangible Net Worth plus Subordinated Debt of not more than 2.00 to 1.00.
entitled means, in relation to any such payments, entitled under any order of a court, trust or agreement which the widow has taken reasonable steps to enforce.