Examples of holder of the Exchangeable Transferor Certificate in a sentence
Throughout the existence of the Trust, the Servicer will allocate to the Transferor, as holder of the Exchangeable Transferor Certificate, an amount equal to the Transferor Percentage of the aggregate amount of Collections of Finance Charge Receivables and Principal Receivables for each Monthly Period.
If, for any Monthly Period, the Available Investor Principal Collections for such Monthly Period exceed the applicable Controlled Deposit Amount, any such excess will be treated as Excess Principal Collections and allocated to the holders of other Series issued and outstanding or, subject to certain limitations described in the Agreement, paid to the holder of the Exchangeable Transferor Certificate.
Thanks to the move of terrestrial television from the DVB-T to the DVB-T2 standard, the frequencies which will no longer be used as a result (known as the “Digital Dividend II”) have been assigned for mobile data communication.
The members of the Trust in such case would be the Transferor, as the holder of the Exchangeable Transferor Certificate, and the holders of any class of Investor Certificates so characterized as equity.
As regards Serbia, the Constitution provides the basis for self-governance of minority groups in the areas of education, use of language, information and culture.
Throughout the existence of the Trust, the Servicer will allocate to the Transferor, as holder of the Exchangeable Transferor Certificate, an amount equal to the Transferor Percent age of the aggregate amount of Collections of Finance Charge Receivables and Principal Receivables for each Monthly Period.
The repurchase price for the Series 1998-2 Certificates will be equal to (a) the Adjusted Investor Amount, plus (b) accrued and unpaid interest on the 1998-2 Certificates, less (c) the amount held in the Collection Account allocable to Series 1998-2 to be applied other than to deposits to the Reserve Account, with any excess payable to the Transferor as holder of the Exchangeable Transferor Certificate.
On each Business Day (other than following a Pay Out Event), the Servicer shall determine the amount by which the Transferor Amount exceeds the Minimum Transferor Amount on such date and shall instruct the Trustee to withdraw such amount from the Excess Funding Account on such date and pay such amount to the holder of the Exchangeable Transferor Certificate.
The repurchase price for the Series 1997-2 Certificates will be equal to (a) the Adjusted Investor Amount, plus (b) accrued and unpaid interest on the 1997-2 Certificates, less (c) the amount held in the Collection Account allocable to Series 1997-2 to be applied other than to deposits to the Reserve Account, with any excess payable to the Transferor as holder of the Exchangeable Transferor Certificate.
The Trustee shall not be accountable for the use or application by the Transferor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Transferor or to the holder of the Exchangeable Transferor Certificate in respect of the Receivables or deposited in or withdrawn from the Collection Account or any Series Account by the Servicer.