Initial Class C Holder definition

Initial Class C Holder shall have the meaning assigned thereto in the preamble of this Agreement.

Initial Class C Holder means any person who received shares of Class C Common Stock in exchange for its shares of Series A Preferred Stock, par value $0.01 per share, of the Company pursuant to the terms of such Series A Preferred Stock.

Initial Class C Holder means the partyHolder or beneficial owner of Class C Notes onthe Closing Date that is identified by the Issuer to the Trustee and the Collateral Manager as the Holder of the Class C Notes as of the Closing Date, for as long as such party (collectively, with its Affiliates and/or advisory accounts managed by such party) continues to hold a Majority of the Class C Notes (which, for the avoidance of doubt, may consist of a Majority of the Class C-R Notes after the 2021 Refinancing Date), as certified by such party to the Trustee at the time any determination of the Initial Class C Holder is required.

Examples of Initial Class C Holder in a sentence

• The Initial Class C Holder shall have received an executed copy of each document described in Section 6 of the Senior Certificate Purchase Agreement (excluding Section 6(j) and the second sentence of Section 6(e) but including reliance letters on all opinions delivered to the Rating Agencies).

• During the time, “the Ibadan’s desire to seek dominance and control of the Yorubaland divided the Yoruba into two military camps: the Ibadan [Oyo Yoruba subethnic groups] and the Ekitiparapo [non-Oyo Yoruba subethnic groups]” (Akinjogbin 1992, 156).

• The Servicer has delivered to the Initial Class C Holder complete and correct copies of the audited consolidated balance sheet and audited consolidated statement of income of Charming Shoppes, Inc.

• The Initial Class C Holder shall have received a certificate from the Trustee, in form and substance reasonably satisfactory to it covering the incumbency and specimen signatures of its officers executing such documents.

• The Initial Class C Holder shall have received a copy of the letter of Ernst & Young, delivered pursuant to Section 6(m) of the Senior Certificate Purchase Agreement.

• Sections 4.1 through 4.10 constitute conditions precedent to the obligation of the Initial Class C Holder to purchase the Class C Certificates on the Closing Date.

• Each of the Initial Class C Holders shall have received an executed copy of each document set forth in Schedule II hereto (including reliance letters (if such Initial Class C Holder is not included as an addressee) on all opinions delivered to the Rating Agencies).

• Final Fieldwork – The auditor shall complete all fieldwork of the Utilities by the first week of March and the City by the second week of March.

• Sections 3.1 through 3.4 constitute conditions precedent to the obligation of the Third Party Investors to purchase interests in the Class C Certificates from the Initial Class C Holder on the Investor Purchase Date.

• Seniority at contract signing Seniority from the signing date of this Agreement shall 13 be in accordance with the seniority list posted on the County’s website, as set forth in Article 21, 14 Section 13, and in the event of bumping or voluntary demotion to a vacancy in lieu of layoff, in 15 accordance with Section B.

More Definitions of Initial Class C Holder

Initial Class C Holder means Delta 2003-1 Class C Certificate Trust, a Delaware statutory trust organized pursuant to the Class C Statutory Trust Agreement, as the sole initial purchaser and holder of the Class C Certificates.