Substitution Notice definition

Substitution Notice has the meaning specified in Section 2.17 (Substitution of Lenders).
Substitution Notice means, with respect to any transfer of Substitute Contracts to the Trust pursuant to Section 2.04 (and the applicable Financing Originator's corresponding conveyance and assignment of such Substitute Contracts), a notice, which shall be given at least five days prior to the related Substitution Transfer Date, identifying the Substitute Contracts to be transferred, the Contract Principal Balance of such Substitute Contracts and the related Substitution Event (with respect to an identified Contract or Contracts then in the Contract Pool, which will upon such substitution become a Replaced Contract) to which such Substitute Contract relates, with such notice to be signed both by the Depositor and the applicable Financing Originator[s].
Substitution Notice shall have the meaning provided in Section 2.3.5(c).

Examples of Substitution Notice in a sentence

  • Substitution Notice contains a valid authorization to request the substitution and is read out and recorded at bid opening.

  • No envelope shall be substituted unless the corresponding Substitution Notice contains a valid authorization to request the substitution and is read out and recorded at bid opening.

  • Substitution Price Bid will remain unopened in accordance with IB 23.1. No envelope shall be substituted unless the corresponding Substitution Notice contains a valid authorization to request the substitution and is read out and recorded at bid opening.

  • Upon receipt of a Substitution Notice, the relevant Issuer shall notify the Principal Paying Agent, the Custodian, the Calculation Agent, the Securityholders and, in the case of Securities that are rated, the relevant Rating Agencies.

  • Substitution Price Bid will remain unopened in accordance with IB 23.1.No envelope shall be substituted unless the corresponding Substitution Notice contains a valid authorization to request the substitution and is read out and recorded at bid opening.


More Definitions of Substitution Notice

Substitution Notice has the meaning given to it in Section 5.01.
Substitution Notice means a notice substantially in the form of Exhibit "D" given by the Borrower to the Agent for the purposes of requesting a Substitution.
Substitution Notice as defined in Section 2.16(a).
Substitution Notice means a substitution notice in substantially the form of Schedule 1 (Form of Substitution Notice) to the Substitution Undertaking;
Substitution Notice has the meaning set forth in Section 2.5(f).
Substitution Notice is defined in Section 2.15.
Substitution Notice means a notice substantially in the form of the specimen notice attached to this Agreement as Exhibit C.