Request for Exchange definition

Request for Exchange substantially in the form attached hereto as Exhibit Q executed by an authorized officer, which Subclasses, in the aggregate, will represent the Uncertificated Class A-I-IO REMIC II Regular Interests corresponding to the Class A-I-IO Certificates and the Uncertificated Class A-IO REMIC II Regular Interests corresponding to the Class A-IO Certificates so surrendered for exchange. Any Subclass so issued shall bear a numerical designation commencing with Class A-I-IO-1 or Class A-IO-1, as the case may be, and continuing sequentially thereafter, and will evidence ownership of the Uncertificated REMIC Regular Interest or Interests specified in writing by such initial Holder to the Trustee. The Trustee may conclusively, without any independent verification, rely on, and shall be protected in relying on, the Holder's determinations of the Uncertificated Class A-I-IO REMIC II Regular Interests or Uncertificated Class A-IO REMIC II Regular Interests corresponding to any Subclass, the Initial Notional Amount and the initial Pass-Through Rate on a Subclass as set forth in such Request for Exchange and the Trustee shall have no duty to determine if any Uncertificated Class A-I-IO REMIC II Regular Interest or Uncertificated Class A-IO REMIC II Regular Interest designated on a Request for Exchange corresponds to a Subclass which has previously been issued. Each Subclass so issued shall be substantially in the form set forth in Exhibit A and shall, on original issue, be executed and delivered by the Trustee to the Certificate Registrar for authentication and delivery in accordance with Section 5.01(a). Every Certificate presented or surrendered for exchange by the initial Holder shall (if so required by the Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by a written instrument of transfer attached to such Certificate and shall be completed to the satisfaction of the Trustee and the Certificate Registrar duly executed by, the initial Holder thereof or his attorney duly authorized in writing. The Certificates of any Subclass of Class A-I-IO Certificates or Class A-IO Certificates may be transferred in whole, but not in part, in accordance with the provisions of Section 5.02.

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Request for Exchange substantially in the form attached hereto as Exhibit Q executed by an authorized officer, which Subclasses, in the aggregate, will represent the Uncertificated REMIC Regular Interests corresponding to the Class A-3 Certificates so surrendered for exchange. Any Subclass so issued shall bear a numerical designation commencing with Class A-3-1 and continuing sequentially thereafter, and will evidence ownership of the Uncertificated REMIC Regular Interest or Interests specified in writing by such initial Holder to the Trustee. Each Subclass so issued shall be substantially in the form set forth in Exhibit A and shall, on original issue, be executed and delivered by the Trustee to the Certificate Registrar for authentication and delivery in accordance with Section 5.01(a). Every Certificate presented or surrendered for transfer or exchange by the initial Holder shall (if so required by the Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by a written instrument of transfer attached to such Certificate and shall be completed to the satisfaction of the Trustee and the Certificate Registrar duly executed by, the Holder thereof or his attorney duly authorized in writing. The Certificates of any Subclass of Class A-3 Certificates may be transferred in whole, but not in part, in accordance with the provisions of Section 5.02.

Request for Exchange shall have the meaning as set forth in Article 63, Paragraph 1 hereof.

Examples of Request for Exchange in a sentence

• Exhibit V - Form of Request for Exchange of Exchangeable REMIC Certificates or Exchangeable Certificates.....................................

• Upon receipt of a Request for Exchange, together with the appropriate stock certificates (if applicable) and such other documentation as shall have been requested by the Company, the Company shall issue in the name of CVC one share of Nonvoting Common Stock for each share of Common Stock requested to be exchanged into Nonvoting Common Stock or shall instruct the transfer agent for the Common Stock to so issue shares of Nonvoting Common Stock, as appropriate.

• Exhibit T Form of Request for Exchange of Exchangeable REMIC Certificates or Exchangeable Certificates.....................................

• Prior to the first Draw Request for Exchange Proceeds the Borrower must certify that it has acquired the Development Site, as defined in the Exchange Agreement, with funds from a source other than Exchange Proceeds.

• Upon receipt of a Request for Exchange, together with the appropriate stock certificate(s), and such other documentation as shall have been requested by the Company, the Company shall cause its transfer agent to issue in the name of Patriot, one Exchange Share for each share of Non-Voting Common Stock requested to be exchanged.

• Exhibit T - Form of Request for Exchange of Exchangeable REMIC Certificates or Exchangeable Certificates...................

• Therefore, prior to the first Draw Request for Exchange Program Funds the Development Owner must certify that it has acquired the Development Site with funds from another source.

• Exhibit U - Form of Request for Exchange of Exchangeable REMIC Certificates or Exchangeable Certificates......................................

• Exhibit V Form of Request for Exchange of Exchangeable REMIC Certificates or Exchangeable Certificates.......................................

• Exhibit T Form of Request for Exchange of Exchangeable REMIC Certificates or Exchangeable Certificates...............................................