Series Interest definition

Series Interest shall have the meaning set forth in Section 4.1(a) of the Titling Trust Agreement.

Series Interest has the meaning set forth in the Titling Company Agreement.

Series Interest has the meaning specified in Section 4.1(a).

Examples of Series Interest in a sentence

• Any interest accruing on the Bonds from their date through the first Interest Payment Date received from the proceeds of the Bonds shall be deposited into the related Series Interest Account, and amounts received from the proceeds of the Bonds to be used for Capitalized Interest shall be deposited into the related Series Interest Account or Capitalized Interest Account as may be authorized or provided for by a Supplemental Indenture related to a Series of Bonds.

• The Trust shall possess all right, title and interest in all funds on deposit from time to time in the Series Interest Funding Account and in all proceeds thereof.

• The Paying Agent shall also have the revocable authority to make withdrawals from the Series Interest Funding Account.

• Pursuant to authority granted to it pursuant to Section 3.01(b) of the Pooling and Servicing Agreement, the Master Servicer shall have the revocable power to instruct the Trustee to withdraw funds from the Series Interest Funding Account for the purpose of carrying out the duties of the Master Servicer hereunder.

• Any Class Interest Rate Cap Payment shall be deposited into the Series Interest Funding Account.

More Definitions of Series Interest

Series Interest means, with respect to a Member, such Member’s equity interest in the assets and liabilities of a particular Series (and not any interest such Member may have as the holder of debt).

Series Interest means a separate series of limited liability company interests in the Titling Company established and formed pursuant to the Titling Company Agreement, as supplemented by a Series Supplement.

Series Interest is defined in Section 4.1 of the Pooling Agreement.

Series Interest means a limited liability company interest (within the meaning of theDelaware Act) in a Series, together with all of the rights, powers and preferences associated therewith hereunder, including the obligation to comply with the terms hereof.

Series Interest means an interest in a Series issued by the Company that evidences the Company’s rights, powers and duties with respect to such Series pursuant to this Agreement and the Delaware Act.

Series Interest is defined in SECTION 4.1 of the Pooling Agreement.

Series Interest means, with respect to a Series, the limited liability company interest of a Member at any particular time, including the right of such Member to any and all benefits to which such Member may be entitled as provided in this Agreement, the relevant Series Operating Agreement and in the Act, together with the obligations of such Member to comply with all the terms and provisions of this Agreement, the relevant Series Operating Agreement and the Act. The names and addresses of each Series Member and their Series Interests shall be set forth in the Series Operating Agreement for such Series. In the event of any inconsistency between this Agreement and the Series Operating Agreement, the Series Operating Agreement shall control.