Remaining Certificateholder definition

Remaining Certificateholder. Any Holder (or Holders provided they act in unanimity) holding 100% of the Certificates (other than the Class S and Class R Certificates) or an assignment of the voting rights thereof; provided, however, that the Certificate Balances of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class A-S, Class B, Class C and Class D Certificates and the Notional Amounts of the Class X-A, Class X-B and Class X-D Certificates have been reduced to zero.
Sample 1Sample 2Sample 3
Remaining Certificateholder. Any Holder (or Holders provided they act in unanimity) holding 100% of the Certificates (other than the Class S and Class R Certificates) or an assignment of the voting rights thereof, together with the Uncertificated VRR Interest Owner; provided, however, that the Certificate Balances of the Class A-1, Class A-2, Class A-4, Class A-
Sample 1Sample 2Sample 3
Remaining Certificateholder means any Holder (or Holders if they act in unanimity) holding 100% of the then outstanding Class K, Class L, Class M, Class N, Class O, Class P, Class Q and Class X Certificates or an assignment of the voting rights thereof; provided, however, that the Certificate Balances of the Class A Senior, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class J Certificates have been reduced to zero.
Sample 1Sample 2Sample 3

Examples of Remaining Certificateholder in a sentence

  • The remaining Mortgage Loans and REO Properties are deemed distributed to the Remaining Certificateholder in liquidation of the Trust Fund pursuant to Section 9.02.

  • The Centre Trust Subordinate Companion Loan and any other assets of the Centre REMIC are deemed distributed to the Centre Remaining Certificateholder in liquidation of the Centre REMIC pursuant to this Section 9.01.

  • For federal income tax purposes, the Centre Remaining Certificateholder shall be deemed to have purchased the assets of the Centre REMIC for an amount equal to the remaining Certificate Balance of its remaining Centre Loan-Specific Certificates, plus accrued and unpaid interest with respect thereto, and the Certificate Administrator shall credit such amounts against amounts distributed in respect of the Centre Regular Interests and such Centre Loan-Specific Certificates.

  • For federal income tax purposes, the 000 Xxxxx Xxxxxx Remaining Certificateholder shall be deemed to have purchased the assets of the 000 Xxxxx Xxxxxx REMIC for an amount equal to the remaining Certificate Balance of its remaining Loan-Specific Certificates, plus accrued and unpaid interest with respect thereto, and the Certificate Administrator shall credit such amounts against amounts distributed in respect of the 000 Xxxxx Xxxxxx Regular Interests and such Loan-Specific Certificates.

  • For federal income tax purposes, the Remaining Certificateholder shall be deemed to have purchased the assets of REMIC I for an amount equal to the remaining Certificate Balance of its remaining Certificates (other than the Residual Certificates), plus accrued and unpaid interest with respect thereto, and the Trustee shall credit such amounts against amounts distributed in respect of such Certificates.

  • By contrast, the large-scale manufacture of advanced products from biomass, i.e. biorefining, is a relatively new concept (FitzPatrick et al.

  • The 360 Rxxxxxxx Trust Subordinate Companion Loan and any other assets of the 360 Rxxxxxxx XXXXX are deemed distributed to the 360 Rxxxxxxx Remaining Certificateholder in liquidation of the 360 Rxxxxxxx XXXXX pursuant to this Section 9.01.

  • For federal income tax purposes, the Remaining Certificateholder shall be deemed to have purchased the assets of the Lower-Tier REMIC for an amount equal to the remaining Certificate Principal Amount of its remaining Certificates (other than the Residual Certificates), plus accrued and unpaid interest with respect thereto, and the Trustee shall credit such amounts against amounts distributed in respect of the related Lower-Tier Regular Interests and such Certificates.

  • The above unfair labor practices are unfair labor prac- tices affecting commerce within the meaning of Section 2(6) and (7) of the Act.

  • In the event that the Remaining Certificateholder elects to exchange all of the Regular Certificates for the Underlying CMBS in accordance with the preceding sentence, such Remaining Certificateholder shall reimburse the Depositor and the Trustee under this Agreement for reasonable expenses (including legal expenses) incurred with respect to the exchange and winding-up the affairs of the Issuing Trust.


More Definitions of Remaining Certificateholder

Remaining Certificateholder. Any Holder (or Holders if they act in unanimity) holding 100% of the then outstanding Class J, Class K, Class L, Class M, Class N, Class O, Class P and
Sample 1Sample 2
Remaining Certificateholder. As defined in Section 6.03(a).
Sample 1

Related to Remaining Certificateholder

  • Certifying Certificateholder As defined in Section 5.07(a) of this Agreement.

  • Directing Certificateholder means the “Controlling Class Certificateholder” or other analogous term as defined in the Lead Securitization Servicing Agreement.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Class A Certificateholder means the Person in whose name a Class A Certificate is registered in the Certificate Register.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Certificateholder means the Person in whose name the Certificate is registered.

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Applicable Certificateholder Means the Person in whose name an Applicable Certificate is registered on the Register for the Applicable Certificates.

  • Class R Certificateholder The registered Holder of the Class R Certificate.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • REMIC III Certificateholder The Holder of any REMIC III Certificate.

  • Junior Certificateholder The Holder of not less than 95% of the Percentage Interests of the Junior Class of Certificates.

  • Trust Certificateholder means the Person in whose name a Trust Certificate is registered on the Certificate Register.

  • Controlling Class Certificateholder Each Holder (or Certificate Owner, if applicable) of a Certificate of the Controlling Class as determined by the Certificate Administrator from time to time.

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Holder or Certificateholder The registered owner of any Certificate as recorded on the books of the Certificate Registrar except that, solely for the purposes of taking any action or giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, the Trustee, the Master Servicer, any Servicer or any Affiliate thereof shall be deemed not to be outstanding in determining whether the requisite percentage necessary to effect any such consent has been obtained, except that, in determining whether the Trustee shall be protected in relying upon any such consent, only Certificates which a Responsible Officer of the Trustee knows to be so owned shall be disregarded. The Trustee may request and conclusively rely on certifications by the Depositor, the Master Servicer and any Servicer in determining whether any Certificates are registered to an Affiliate of the Depositor, the Master Servicer or such Servicer.

  • Class D Certificateholder means the Person in whose name a Class D Certificate is registered in the Certificate Register.

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Investor Certificateholder means the holder of record of an Investor Certificate.

  • Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.

  • Certificateholders' Principal Distributable Amount means, with respect to any Distribution Date, an amount equal to zero until the outstanding principal amount of each Class of Notes has been reduced to zero, and thereafter, an amount equal to the Principal Distribution Amount (as reduced by the Noteholders’ Principal Distributable Amount, if any for such Distribution Date) for such Distribution Date.

  • Servicing Certificate A certificate completed and executed by a Servicing Officer on behalf of the Master Servicer in accordance with Section 4.01 of the Servicing Agreement.