Special Trust Transferee definition

Special Trust Transferee means the ultimate transferee or transferees of New Shares that are to be transferred from a Special Trust upon transfer of Excess Shares pursuant to Section 4.7(e) below.
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Examples of Special Trust Transferee in a sentence

  • The Corporation shall have the right to designate a Special Trust Transferee within the first ninety (90) days after the Excess Shares Exchange Date provided that (i) such Special Trust Transferee is either (A) an Affiliate of a shareholder or (B) an Institutional Investor and (ii) the New Shares would not as a result of a Transfer to such Special Trust Transferee be automatically exchanged for Excess Shares pursuant to Section 4.5(c).

  • The Corporation shall have the right to designate a Special Trust Transferee within the first ninety (90) days after the Excess Shares Exchange Date provided that (i) such Special Trust Transferee is - either (A) an Affiliate of a shareholder or (B) an Institutional Investor and - - (ii) the New Shares would not as a result of a Transfer to such Special Trust -- Transferee be automatically exchanged for Excess Shares pursuant to Section 4.5(c).

  • The Corporation shall have the right to designate a Special Trust Transferee within the first forty-five (45) days after the Excess Shares Exchange Date provided that (i) such Special Trust Transferee is either (A) an Affiliate of a shareholder or (B) an Institutional Investor and (ii) the New Shares would not as a result of a Transfer to such Special Trust Transferee be automatically exchanged for Excess Shares pursuant to Section 4.5(c).

Related to Special Trust Transferee

  • Initial Trustee shall have the meaning defined in the preamble hereto.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Successor Institutional Trustee has the meaning set forth in Section 4.3(a).

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Successor Trust means Continental Airlines Pass Through Trust 1997-4B-S.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • 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.

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Certificateholder or Holder The person in whose name a Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or any affiliate of the Depositor shall be deemed not to be Outstanding and the Percentage Interest evidenced thereby shall not be taken into account in determining whether the requisite amount of Percentage Interests necessary to effect such consent has been obtained; provided, however, that if any such Person (including the Depositor) owns 100% of the Percentage Interests evidenced by a Class of Certificates, such Certificates shall be deemed to be Outstanding for purposes of any provision hereof that requires the consent of the Holders of Certificates of a particular Class as a condition to the taking of any action hereunder. The Trustee is entitled to rely conclusively on a certification of the Depositor or any affiliate of the Depositor in determining which Certificates are registered in the name of an affiliate of the Depositor.

  • Pass Through Trustee means the trustee under each Pass Through Trust Agreement, together with any successor in interest and any successor or other trustee appointed as provided in such Pass Through Trust Agreement.

  • or "INSTITUTIONAL TRUSTEE means the Trustee;

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Investor Certificateholder means the holder of record of an Investor Certificate.

  • Grantor Trust Certificates Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.

  • Subsequent Transferee has the meaning set forth in Section 4.06(b).

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Pass Through Trust Agreement means each of the two separate Trust Supplements relating to the Pass Through Trusts, together in each case with the Basic Pass Through Trust Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Initial Holder has the meaning set forth in the preamble.

  • Trust Common Securities means the securities representing common undivided beneficial interests in the assets of the Trust.