Series Ownership Interest definition

Series Ownership Interest means any Series (as such term is defined in the Pooling and Servicing Agreement);
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Series Ownership Interest means, with respect to any Series, the Ownership Interest to be purchased by the Trust with the sale proceeds of the Notes issued to fund such Series.
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Series Ownership Interest has the meaning ascribed to such term in Section 3.2(a).
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Examples of Series Ownership Interest in a sentence

  • The Depositor transfers and assigns the Series Ownership Interest to Computershare Trust Company of Canada, as trustee (in such capacity, the “Issuer Trustee”) of Golden Credit Card Trust (the “Trust”), a trust established under the laws of the Province of Ontario, pursuant to a Co-Ownership Assignment Agreement, between RBC, the Custodian, the Depositor and the Trust.

  • No additional consideration will be paid by the purchasers of the Credit Card Receivables Backed Notes for the related Series Ownership Interest and, pursuant to Rule 457(t) under the Securities Act, no separate registration fee for the Series Ownership Interests are required to be paid.

Related to Series Ownership Interest

  • Continuing ownership interest means ownership of or entitlement to more than twenty five per cent of shares or capital or profits of the company;

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

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Membership Interests has the meaning set forth in the recitals.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.