Examples of Residual Ownership Interest in a sentence
This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, Certificateholders, holders of the Residual Ownership Interest and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P.
All moneys deposited from time to time in the Payment Account pursuant to the Servicing Agreement and all deposits therein pursuant to this Indenture are for the benefit of the Noteholders, the Certificateholders and the holders of the Residual Ownership Interest and all investments made with such moneys including all income or other gain from such investments are for the benefit of the Master Servicer as provided by the Servicing Agreement.
Residual Ownership Interest in the ----------------------------------------------------------------- Equipment and Certain Other Assets.
No Residual Ownership Interest may be Transferred, and no such Transfer shall be registered in the Certificate Register, without the express written consent of the Certificate Registrar, and the Certificate Registrar shall not recognize the Transfer, and such proposed Transfer shall not be effective, without such consent with respect thereto.
On the Effective Date, the Seller shall deliver the Residual Ownership Certificate and the Assignment of the Seller's Residual Ownership Interest in the Purchased Receivables and of all of the Seller's rights, title and interest in and to the other Receivables.
APMI Residual Ownership Interest APCo’s interest in Long Sault is by way of subscribing to two notes from the original developers, which effectively entitles it to 100% of after tax cash flows of the facility up to 2013, 65% from 2014 to 2027 and 58% thereafter.
Seller shall take no action following the respective Settlement Date for the particular Purchased Receivable that would be inconsistent with the effective transfer by Seller to the Purchaser hereunder of Seller's right, title and interest in and to the Purchased Receivables acquired by Purchaser hereunder (exclusive of the Seller's Residual Ownership Interest).
At the Closing, the Seller shall also deliver to the Buyer as collateral security for the Seller's payment obligations under the Lease Agreement the Seller's Residual Ownership Interest and all such other documents, certificates or instruments required in connection with the Security Agreement.
APMI Residual Ownership Interest APCo’s interest in the Long Sault Rapids facility is by way of subscribing to two notes from the original developers, which effectively entitles it to 100% of after tax cash flows of the facility up to 2013, 65% from 2014 to 2027 and 58% thereafter.
Lessee has an undivided residual junior subordinated ownership interest in the Equipment described on Exhibit A hereto (the "Residual Ownership Interest") represented by a Residual Ownership Certificate substantially in the form of Exhibit A-2 hereto, which has been pledged and assigned to the Lessor as security for the Lessee's payment obligations under this Agreement.