ICI Control Party definition

ICI Control Party. With respect to a Series of ICI Notes means, unless otherwise provided in the Supplement to the ICI Indenture related to such Series of ICI Notes, ICI Noteholders evidencing more than fifty percent (50%) of the then outstanding principal balance of such Series of ICI Notes. With respect to any notice, statement, report or other document to be delivered to an ICI Control Party under any of the ICI Relevant Documents, if the ICI Control Party is not a single Person, then such document shall be delivered to a single representative (as specified in the related Supplement to the ICI Indenture) of such ICI Control Party; provided, however, if a single representative of such ICI Control Party is not specified in the related Supplement to the ICI Indenture, then such document shall be delivered to the ICI Indenture Trustee for distribution to the ICI Noteholders and the Series Enhancer (if any) of the related Series of ICI Notes.
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ICI Control Party means with respect to this Supplement and the Series 2003-1 ICI Notes issued hereunder, the Series Enhancer, provided that if a Series Enhancer Default has occurred and is continuing or the Policy has expired and no amounts remain unpaid to the Series Enhancer pursuant to the Series 2003-1 Transaction Documents, the Majority of Holders of the Series 2003-1 ICI Notes. With respect to this Supplement and the Series 2003-1 ICI Notes issued hereunder, any notice, statement, report or other document to be delivered to the ICI Control Party under any of the ICI Relevant Documents, shall be delivered (x) to the extent that the Series Enhancer is the ICI Control Party, to the Series Enhancer and (y) if the ICI Control Party is not the Series Enhancer, to the ICI Indenture Trustee for distribution to the ICI Noteholders and the Series Enhancer (if any) of the related Series of ICI Notes.
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Examples of ICI Control Party in a sentence

  • So long as an ICI Control Party requires it, the assignment of a long-term rating of either BBB or lower by S&P, or Baa2 or lower by Xxxxx’x with respect to the unsecured and unsubordinated debt, deposit or letter of credit obligations of a Currency Hedge Counterparty (or any party providing credit support on its behalf).

  • Upon the earlier of ICI’s or the Servicer’s knowledge of any resignation, removal or incapacity of any such member, ICI and/or the Servicer shall promptly (but in no event later than five (5) days after such knowledge), notify each of the Administrative Agent, each Enhancer, the ICF Indenture Trustee, the ICI Indenture Trustee, each ICI Control Party, each Lessor, each Currency Hedge Counterparty, and each Interest Rate Hedge Counterparty of such resignation, removal or incapacity.

  • This Indenture Trustee acknowledges such Grant, accepts the trusts hereunder in accordance with the provisions hereof, and agrees to perform the duties herein required to the best of its ability and to the end that the interests of any ICI Control Party, Series Enhancer, the Administrative Agent and the ICI Noteholders may be adequately and effectively protected as hereinafter provided.

  • Neither the Lien of this Indenture nor any rights or remedies of the ICI Indenture Trustee, the Administrative Agent, any Series Enhancer, any ICI Control Party or the ICI Noteholders shall be impaired by the recovery of any judgment by the ICI Indenture Trustee against ICI or by the levy of any execution under such judgment upon any portion of the ICI Collateral or upon any of the assets of ICI.

  • The separate trustees, co-trustees, or custodians so appointed shall be trustees, co-trustees, or custodians for the benefit of all ICI Noteholders, each Series Enhancer, the Administrative Agent and each ICI Control Party, and shall have such powers, rights and remedies as shall be specified in the instrument of appointment; provided, however, that no such appointment shall, or shall be deemed to, constitute the appointee an agent of the ICI Indenture Trustee.

  • The Person in whose name any ICI Note is registered shall be deemed and treated as the owner and ICI Holder thereof for all purposes of this Indenture and none of the ICI Indenture Trustee, the Administrative Agent, any ICI Control Party, any Series Enhancer or ICI shall be affected by any notice or knowledge to the contrary.

  • Conclusions The above analysis of the the title-page, translator’s address to the reader, and marginalia illustrates some important characteristics of liminal materials in the English translation.

  • This Indenture Trustee may at any time resign and be discharged from the trusts hereby created by giving written notice thereof to ICI, the Servicer, the Rating Agencies (if any), the Administrative Agent, the ICI Noteholders, each Series Enhancer and each ICI Control Party.

  • The ICI Collection Account shall be an Eligible Account and shall be established in the name of the ICI Indenture Trustee at its Corporate Trust Office for the benefit of each ICI Control Party, each Series Enhancer, the Administrative Agent, ICF (as lender/secured party under the Loan and Security Agreement) and each ICI Noteholder, and in such capacity the ICI Indenture Trustee shall constitute a securities intermediary.

  • Upon acceptance of appointment by a successor ICI Indenture Trustee as provided in this Section, ICI shall mail notice of the succession of such ICI Indenture Trustee hereunder to the Depository, all ICI Noteholders, the Administrative Agent, each Series Enhancer and each ICI Control Party, in each case at their respective addresses set forth in Section 1307 hereof.

Related to ICI Control Party

  • Control Party means (i) the Guarantor, so long as no Guarantor Default has occurred and is continuing, or (ii) the holders of the Notes for so long as a Guarantor Default has occurred and is continuing.

  • Control panel means that part of the x-ray control upon which are mounted the switches, knobs, pushbuttons, and other hardware necessary for manually setting the technique factors.

  • Change of Control Payment Date has the meaning provided in Section 4.15.

  • Non-Controlling Noteholder means each Noteholder other than the Controlling Noteholder; provided that, if at any time a Non-Controlling Note (or, at any time a Non-Lead Securitization Note is included in a Securitization, the Non-Lead Securitization Subordinate Class Representative) is held by the Mortgage Loan Borrower or a Mortgage Loan Borrower Related Party, no Person shall be entitled to exercise the rights of such Non-Controlling Noteholder with respect to such Non-Controlling Note.

  • Controlling Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Additional Collateral Agent (acting on the instructions of the Applicable Authorized Representative).

  • Eligible Swap Counterparty means an entity, which may be an affiliate of a remarketing agent, engaged in the business of entering into derivative instrument contracts that satisfies the Rating Agency Condition.

  • Controlling Noteholder means as of any date of determination the holder or holders of a majority of the Lead Securitization Note. At any time the Lead Securitization Note is the Controlling Noteholder and is included in the Lead Securitization, references to the “Controlling Noteholder” herein shall mean the holders of the majority of the class of securities issued in the Lead Securitization designated as the “controlling class” (or such lesser amount as permitted under the terms of the Servicing Agreement) or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” hereunder, as and to the extent provided in the Servicing Agreement.

  • Change of Control Payment has the meaning set forth in Section 4.01(b).

  • Control Purchase means any transaction (or series of related transactions) in which (1) any person (as such term is defined in Sections 13(d)(3) and 14(d)(2) of the Exchange Act), corporation or other entity (other than the Company, any Subsidiary of the Company or any employee benefit plan sponsored by the Company or any Subsidiary of the Company) shall purchase any Common Stock of the Company (or securities convertible into Common Stock of the Company) for cash, securities or any other consideration pursuant to a tender offer or exchange offer, without the prior consent of the Board, or (2) any person (as such term is so defined), corporation or other entity (other than the Company, any Subsidiary of the Company, any employee benefit plan sponsored by the Company or any Subsidiary of the Company or any Exempt Person (as defined below)) shall become the “beneficial owner” (as such term is defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 20% or more of the combined voting power of the then outstanding securities of the Company ordinarily (and apart from the rights accruing under special circumstances) having the right to vote in the election of directors (calculated as provided in Rule 13d-3(d) under the Exchange Act in the case of rights to acquire the Company’s securities), other than in a transaction (or series of related transactions) approved by the Board. For purposes of this definition, “Exempt Person” means each of (a) the Chairman of the Board, the President and each of the directors of the Company as of the Distribution Date, and (b) the respective family members, estates and heirs of each of the persons referred to in clause (a) above and any trust or other investment vehicle for the primary benefit of any of such persons or their respective family members or heirs. As used with respect to any person, the term “family member” means the spouse, siblings and lineal descendants of such person.

  • Lead Securitization Controlling Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement.

  • Designated Contract Representative(s) means those individual(s) designated by the Contractor on the Pre-Work form during the Pre-Work Conference.

  • Swap Counterparty Trigger Event A Swap Counterparty Trigger Event shall have occurred if any of a Swap Default with respect to which the Swap Counterparty is a Defaulting Party, a Termination Event with respect to which the Swap Counterparty is the sole Affected Party or an Additional Termination Event with respect to which the Swap Counterparty is the sole Affected Party has occurred.

  • Class A-2a Noteholder means the Person in whose name a Class A-2a Note is registered in the Note Register.

  • Swap Counterparty means Lender or an Affiliate of Lender, in its capacity as counterparty under any Swap Contract.

  • Class A-2b Noteholder means the Person in whose name a Class A-2b Note is registered in the Note Register.

  • Swap Provider Trigger Event A Swap Termination Payment that is triggered upon: (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement) or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

  • Class A-1 Noteholder means the Person in whose name a Class A-1 Note is registered on the Note Register.

  • Qualified Counterparty with respect to any Specified Hedge Agreement, any counterparty thereto that, at the time such Specified Hedge Agreement was entered into, was a Lender or an affiliate of a Lender.

  • Controlling Class Representative shall have the meaning assigned to the term “Directing Certificateholder” in the Lead Securitization Servicing Agreement.

  • Change of Control Payments means all change of control, bonus or other similar payments that are payable by the Company Group to any Person in conjunction with the consummation of the transactions contemplated hereby, together with any employer-paid portion of any employment and payroll taxes related thereto.

  • Requisite Noteholders Holders of Notes evidencing not less than a majority of the Outstanding Amount of the Controlling Class.

  • Term SOFR Administrator means CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion).

  • Class A Noteholder means the Person in whose name a Class A Note is registered in the Note Register.

  • Issuing Entity PII has the meaning stated in Section 4.09(a).

  • Series Enhancer means the Person or Persons providing any Series Enhancement, other than (except to the extent otherwise provided with respect to any Series in the Indenture Supplement for such Series) the Noteholders of any Series or Class which is subordinated to another Series or Class.

  • Controlling Noteholder Representative shall have the meaning assigned to such term in Section 6(a).