Targeted Holders definition

Targeted Holders means each holder of a right to receive interest or principal with respect to any interest in the Issuer with respect to which a Class C(2005-4) Tax Opinion has not been rendered; provided, however, that any Person holding more than one right or interest each of which would cause such Person to be a Targeted Holder shall be treated as a single Targeted Holder.
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Targeted Holders means each holder of a right to receive interest or principal with respect to any interest in the Issuing Entity with respect to which a Class B(2022-1) Tax Opinion has not been rendered; provided, however, that any Person holding more than one right or interest each of which would cause such Person to be a Targeted Holder shall be treated as a single Targeted Holder.
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Targeted Holders shall have the meaning specified in subsection 6.3(b).
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Examples of Targeted Holders in a sentence

  • Any attempted Transfer that would cause the number of Targeted Holders to exceed ninety-nine shall be void.

  • Upon request by a Retained Noteholder, the number of Targeted Holders shall be disclosed to such requesting Retained Noteholder.

  • Any attempted Transfer that would cause the number of Targeted Holders to exceed ninety-five shall be void.

  • Only upon receipt by the Indenture Trustee of the written consent of each of the Seller and the Servicer to such Transfer shall the Retained Notes (or such portion thereof) be transferred upon the Note Register; provided, however, that such consent shall only be withheld based upon the reasonable belief of the Seller or the Servicer that such Transfer may cause the number of Targeted Holders to exceed ninety-five.

  • Notwithstanding anything to the contrary contained herein or in the Master Pooling and Servicing Agreement, any attempted Transfer that would cause the number of Targeted Holders to exceed ninety-nine shall be void.

  • The Transferor agrees to monitor the number of Targeted Holders and to deny its consent to any transfer of any interest in the Trust with respect to which no opinion has been rendered that such certificate (or other interest in the Trust) will be treated as debt for federal income tax purposes if such transfer could cause the number of Targeted Holders to exceed ninety-nine.

  • In addition, neither the Indenture Trustee nor the Note Registrar shall effect the registration of any transfer of the Class C Notes or the Class D Notes if, following such transfer, there would be more than 100 Targeted Holders.

  • In addition, neither the Indenture Trustee nor the Note Registrar shall effect the registration of any transfer of the Class D Notes if, following such transfer, there would be more than 99 Targeted Holders; provided, however, that the Indenture Trustee and the Note Registrar shall incur no liability for determining compliance with such requirement or compliance with any rules of aggregation under applicable law.

  • In addition, neither the Indenture Trustee nor the Note Registrar shall effect the registration of any transfer of the Class D Notes or Class E Notes if the Note Registrar determines that, following such transfer, there would be more than 100 Targeted Holders of the Class D Notes and Class E Notes.

  • The consent of the Transferor and the Servicer shall be granted unless the Transferor reasonably determines that such Transfer would create a risk that the Trust would be classified for federal or any applicable state tax purposes as an association or publicly traded partnership taxable as a corporation; provided, however, that any attempted Transfer that would cause the number of Targeted Holders to exceed ninety-nine shall be void.