Senior Beneficial Interests definition

Senior Beneficial Interests means the Initial Senior Beneficial Interest and the Additional Senior Beneficial Interest, collectively.
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Senior Beneficial Interests means the beneficial interests in the Wind-Down Trust to be received by the Holders of Allowed General Unsecured Claims in Class 4 pursuant to the terms of the Plan and the Wind-Down Trust Agreement, which beneficial interests (a) shall be senior in right of payment and priority to the Subordinated Beneficial Interests and (b) shall have the additional attributes set forth in this Plan and the Wind-Down Trust Agreement.
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Senior Beneficial Interests means, collectively, the Initial Senior Beneficial Interests and Additional Senior Beneficial Interests.
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Examples of Senior Beneficial Interests in a sentence

  • The First Trustee will issue the Senior Beneficial Interests and the Subordinated Beneficial Interests under the First Trust Agreement and VWFSJ will be the initial beneficiary of those Beneficial Interests.

  • In addition, Additional Senior Beneficial Interests and Additional Subordinated Beneficial Interests will be created with respect to the entrustment of Additional Auto Loan Receivables.

  • The Initial Senior Beneficial Interests and the Initial Subordinated Beneficial Interest will be created with respect to the entrustment of the Initial Auto Loan Receivables.

  • The Senior Beneficial Interests to be created by the entrustment of Additional Auto Loan Receivables will be redeemed during the Revolving Period.

  • The Trustee of the First Trust will enter into the Asset Backed Loan Agreement to the First Trust with Nikko on [February 22, 2023], and will borrow money thereunder on [February 27, 2023] and on the same date redeem the Senior Beneficial Interests to be created by the entrustment of the Auto Loan Receivables on the Trust Commencement Date with the funds made available thereby.

  • Aeon Product Finance entrusts renovation loans, solar loans, and money to Sumitomo Mitsui Trust Bank and receives Class A Senior Beneficial Interests, Class B Senior Beneficial Interests, Mezzanine I-1 Beneficial Interests, Mezzanine I-2 Beneficial Interests, Mezzanine II Beneficial Interests, and Subordinated Beneficial Interests.

  • JCR has evaluated that prospects on on-time dividend payment and principal redemption by the Trust Expiration Date of Senior Beneficial Interests and Mezzanine I-1 and I-2 Beneficial Interests are maintained at the levels of AAA, A and A-, respectively, through a senior-subordinated structure and legal measures.

  • Your acceptance of these Terms of Business confirms your consent and instructions for us to act in accordance with the terms and spirit of the Protocol.

  • The Trustee of the First Trust will enter into the Asset Backed Loan Agreement to the First Trust with MHSC on February 22, 2021, and will borrow money thereunder on February 25, 2021 and on the same date redeem the Senior Beneficial Interests to be created by the entrustment of the Auto Loan Receivables on the Trust Commencement Date with the funds made available thereby.

  • The amount of the initial principal of the Senior Beneficial Interests is 87,000,000,000 yen and the amount of the initial principal of the Subordinated Beneficial Interest is 5,553,201,003 yen.

Related to Senior Beneficial Interests

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Capital Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • IAI Global Note means a Global Note substantially in the form of Exhibit A hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the Notes sold to Institutional Accredited Investors.

  • Preferred Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Regulation S Global Securities Appendix A

  • Transfer Restricted Definitive Notes means Definitive Notes that bear or are required to bear or are subject to the Restricted Notes Legend.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

  • 144A Global Note means a Global Note substantially in the form of Exhibit A hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the Notes sold in reliance on Rule 144A.

  • Rule 144A Global Notes has the meaning set forth in Section 2.16.

  • Definitive Capital Securities means any Capital Securities in definitive form issued by the Trust.

  • Regulation S Global Notes has the meaning set forth in Section 2.16.

  • Rule 144A Global Security has the meaning specified in Section 2.1(a) of Appendix A.

  • Regulation S Global Security The meaning specified in Section 3.01(c).

  • Global Securities means a Security or Securities, as the case may be, in the form established pursuant to Section 2.2 evidencing all or part of a Series of Securities, issued to the Depositary for such Series or its nominee, and registered in the name of such Depositary or nominee.

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • body in which the relevant person has a beneficial interest means a firm in which the relevant person is a partner or a body corporate of which the relevant person is a director, or in the securities of which the relevant person has a beneficial interest;

  • Regulation S Global Note means a Regulation S Temporary Global Note or Regulation S Permanent Global Note, as appropriate.

  • U.S. Global Note means a Global Note that bears the Restricted Legend representing Notes issued and sold pursuant to Rule 144A.

  • Rule 144A Global Note has the meaning assigned to it in Section 2.1(d).

  • Definitive Capital Securities Certificates means either or both (as the context requires) of (i) Capital Securities Certificates issued as Book-Entry Capital Securities Certificates as provided in Section 5.11, and (ii) Capital Securities Certificates issued in certificated, fully registered form as provided in Section 5.13.

  • Purported Beneficial Transferee means, with respect to any purported Transfer (or other event) which results in a transfer to a Trust, as provided in Section 6.2.2 of this Article VI, the Purported Record Transferee, unless the Purported Record Transferee would have acquired or owned shares of Capital Stock for another Person who is the beneficial transferee or owner of such shares, in which case the Purported Beneficial Transferee shall be such Person.

  • Capital Security means an undivided beneficial interest in the assets of the Issuer Trust, having a Liquidation Amount of $1,000 and having the rights provided therefor in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

  • Offshore Global Note means a Global Note representing Notes issued and sold pursuant to Regulation S.

  • Regulation S Permanent Global Security with respect to any series of Securities, means one or more permanent Global Securities bearing the Private Placement Legend, that will be issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series initially sold or, if required by Rule 903 of Regulation S, of the Regulation S Temporary Global Security of such series upon expiration of the Distribution Compliance Period with respect to such series, as the case may be.