Holder of the Certificates definition

Holder of the Certificates means the Holders of at least a majority Percentage Interest in the Certificates.
Holder of the Certificates means Wachovia Asset Securitization, Inc., a North Carolina corporation.

Examples of Holder of the Certificates in a sentence

  • At any time on or after the Closing Date, the Issuer shall have the right to convey to the Trust Estate, solely for the benefit of the Holder of the Certificates, a derivative contract or comparable instrument.

  • While the Certificates are held by DTC under the Depository Agreement, the Holder of the Certificates on the Security Register for all purposes, including payment and notices, shall be Cede & Co., as nominee of DTC, notwithstanding the ownership of each actual purchaser or owner of each Certificate (the “Beneficial Owners”) being recorded in the records of DTC and DTC Participants.

  • At any time on or after the Closing Date, the Issuer shall have the right to convey to the Trust, solely for the benefit of the Holder of the Certificates, a derivative contract or comparable instrument.

  • Additionally, the City agrees to promptly cause a written notice of this substitution to be sent to each Holder of the Certificates by United States mail, first-class postage prepaid, which notice shall also give the address of the new Paying Agent/Registrar.

  • The purpose of this Article is to provide desirable open space in commonly owned areas, tree cover, recreation area, scenic vistas, and variety in development by allowing certain variations in lot sizes and design requirements, and the establishment of townhouses and condominiums.

  • The Securities Administrator shall deliver to each Noteholder such information as may be required to enable such holder to prepare its federal and state income tax returns.The Securities Administrator shall prepare and file (or cause to be prepared and filed), on behalf of the Owner Trustee, all information reports on Form 1099 required to be provided to Noteholders and the Holder of the Certificates.

  • The Securities Administrator shall prepare and file (or cause to be prepared and filed), on behalf of the Owner Trustee, all information reports on Form 1099 required to be provided to Noteholders and the Holder of the Certificates.

  • All payments of principal of and interest on the Certificates shall be made only to the registered Holder thereof and only from the assets of the Issuer, and each Holder of the Certificates, by its acceptance of the Certificates, agrees that it will have recourse solely against such assets of the Issuer and that the Trustee shall not be personally liable for any amounts payable, or performance due, under the Certificates or this Indenture.

  • While the United States of America is the Holder of the Certificates, the City may not make any amendments without the consent of the authorized representative of the Rural Utilities Service.

  • In the case of a Directing Holder to be appointed by the Majority Controlling Class Certificateholders, each Holder of the Certificates of the Controlling Class shall be entitled to vote in each election of the Directing Holder.

Related to Holder of the Certificates

  • The Certificates The Offered Certificates shall be issued as follows:

  • Grantor Trust Certificates Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.

  • COFI Certificates As specified in the Preliminary Statement.

  • Residual Certificates As specified in the Preliminary Statement.

  • Exchange Certificates Means the pass through certificates substantially in the form of Exhibit A hereto issued in exchange for the Initial Certificates pursuant to the Registration Rights Agreement and authenticated hereunder.

  • Class L Certificate means any of the Certificates with a "Class L" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Retail Certificates A Senior Certificate, if any, offered in smaller minimum denominations than other Senior Certificates, and designated as such in the Series Supplement.

  • Exchangeable Certificates The Class A-S, Class B, Class C and Class PEX Certificates.

  • Public Global Certificates A Global Certificate relating to a Class of Public Certificates.

  • Transferor Certificates means the certificates executed and authenticated by the Owner Trustee under the Trust Agreement.

  • Class P Certificates All Certificates bearing the class designation of "Class P".

  • Private Certificates As specified in the Preliminary Statement.

  • Additional Certificates Has the meaning specified in the Intercreditor Agreement.

  • Class N Certificate means any of the Certificates with a "Class N" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class R-I Certificate Any one of the Class R-I Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC I for purposes of the REMIC Provisions.

  • Lockout Certificates The Class A-7 Certificates.

  • Class R Certificates The Certificates designated as "Class R" on the face thereof in substantially the form attached hereto as Exhibit B, representing ownership of the Class R-1 and Class R-2 Residual Interests, each of which Class of Residual Interests has been designated as the sole class of "residual interest" in REMIC I and REMIC II, respectively, pursuant to Section 2.06 and Section 2.11, respectively, for purposes of Section 860G(a)(2) of the Code.

  • Regulation S Global Certificates As defined in Section 5.02(c)(i) of this Agreement.

  • Physical Certificates As specified in the Preliminary Statement.

  • Class A-SB Certificate Any one of the Certificates with a “Class A-SB” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Residual Interest Certificate means the certificate issued under the Trust Agreement, which represents the economic residual interest of the Trust formed thereunder.

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.

  • Rule 144A Global Certificates As defined in Section 5.02(c)(ii) of this Agreement.

  • REMIC I Certificates The Class R-I Certificates.

  • Class A-IO Certificate Any Certificate designated as a "Class A-IO Certificate" on the face thereof, in the form of Exhibit A-2 hereto, representing the right to its Percentage Interest of distributions provided for the Class A-IO Certificates as set forth herein and evidencing a Regular Interest in REMIC III.

  • Trust Certificates means the asset backed certificates issued pursuant to the Trust Agreement, substantially in the form of Exhibit A to the Trust Agreement.