Initial Note Holders definition

Initial Note Holders shall have the meaning assigned to such term in the preamble to this Agreement.
Initial Note Holders shall have the meaning assigned to such term in the recitals.

Examples of Initial Note Holders in a sentence

  • The Person in whose name a Note is so registered shall be deemed and treated as the sole owner and holder thereof for all purposes of this Agreement, except in the case of the Initial Note Holders, who may hold their Notes through a nominee.

  • The servicing fee payable to the Initial Servicer shall be as agreed to by all of the Initial Note Holders and paid out of collection on the Mortgage Loan by each Initial Note Holder on a pro rata basis in accordance with its Pro Rata Share.


More Definitions of Initial Note Holders

Initial Note Holders means, collectively, the Initial Note A-1-S Holder, the Initial Note A-1-C1 Holder, the Initial Note A-1-C2 Holder, the Initial A-2-S Holder, the Initial A-2-C1 Holder, the Initial A-2-C2 Holder, the Initial Note A-2-C3 Holder, the Initial A-2-C4 Holder, the Initial Note B-1-S Holder and the Initial Note B-2-S Holder.
Initial Note Holders means, collectively, the Initial Note 1 Holder and the Initial Note 2 Holder.
Initial Note Holders means the Initial Note A-1-1 Holder and the Initial Note A-1-2 Holder.