Restricted Holder definition
Examples of Restricted Holder in a sentence
In no event shall the Repurchasing Seller transfer, sell, assign, hypothecate, participate or encumber its Loan Percentage Interest to any Borrower Affiliate, any Manager, any Restricted Holder or any Affiliate of any of the foregoing, and any purported transfer that violates this sentence shall be void ab initio unless the portion of the Whole Loan remaining in the Trust is also being transferred, sold, assigned, hypothecated, participated or encumbered to any such Person.
Upon receipt of such notice, the Certificate Administrator shall require each Restricted Holder that has previously submitted an Investor/Interest Owner Certification to re-submit an Investor/Interest Owner Certification in order to re-obtain access to the Certificate Administrator’s Website.