TRS Noteholding definition
TRS Noteholding means, at any time, the number of Notes held by the TRS Counterparty or any Affiliate at such time, which are designated by the TRS Counterparty on the Issue Date as forming part of the TRS Noteholding ("Designated Notes") and any other Notes which the TRS Counterparty or any Affiliate subsequently purchases and notifies the Issuer and the Repo Counterparty (if any) that such Notes shall form part of the TRS Noteholding ("Notified TRS Notes") less any number of Notes which were Notified TRS Notes or Designated Notes but which the TRS Counterparty or any Affiliate thereof sells to investors and notifies the Issuer and the Repo Counterparty that such Notes shall no longer form part of the TRS Noteholding. Upon delivery by the TRS Counterparty to the Issuer under the Total Return Swap Agreement of the Notes forming the TRS Noteholding following termination of such Total Return Swap Agreement, the TRS Noteholding will be zero.
TRS Noteholding means, in respect of any Class of Notes at any time, the Outstanding Nominal Amount of the aggregate amount of Notes of such Class held by the Dealer or any affiliate at such time and designated at such time by the Swap Counterparty as forming part of the "TRS Noteholding".
TRS Noteholding means, at any time, the Outstanding Nominal Amount of the Notes held by the Swap Counterparty or any affiliate at such time and designated at such time by the Swap Counterparty as forming part of the "TRS Noteholding".