Undivided Interest means the undivided interest in the Trust evidenced by an Investor Certificate.
Undivided Interest has the meaning set forth in Section 2.01.
Examples of Undivided Interest in a sentence
The Class A Certificates shall be the only instruments evidencing a Fractional Undivided Interest in the Class A Trust.
Each Class A Certificate represents a Fractional Undivided Interest in the Class A Trust created hereby.
In such circumstances, we follow our procedures as outlined above, which include an assessment to ensure we can lawfully share and that adequate measures are taken to protect the personal data being shared including the implementation of EU Standard Contract Clauses where appropriate.
The Applicable Certificates shall be the only instruments evidencing a Fractional Undivided Interest in the Applicable Trust.
Each Class AA Certificate represents a Fractional Undivided Interest in the Class AA Trust created hereby.
More Definitions of Undivided Interest
Undivided Interest means the specified percentage ownership interest (on an eight-eighth’s basis) in the applicable properties and assets (whether tangible or intangible, real or personal).
Undivided Interest shall have the meaning specified in the recitals to the Facility Lease.
Undivided Interest shall have the meaning specified in the Recitals to the Facility Lease.
Undivided Interest means the specified percentage undivided interest (on an eight-eighth’s basis) in and to the Subject Formation with respect to the applicable properties and assets (whether tangible or intangible, real or personal).
Undivided Interest means, collectively, the Units 1 and 2 Interest.
Undivided Interest. The undivided interest in the Trust Fund evidenced by a Whole Class A Certificate or a Class B Certificate, or in the case of a Class A Certificate other than a Whole Class A Certificate, the undivided interest evidenced by like Percentage Interests of a Class A[-1 and a Class A-2 Certificate], as if such Certificates were combined.
Undivided Interest means a total assignment of the lease to one person or an assignment which causes the total lease rights to be held jointly by more than one person including but not limited to joint or common tenancy and community property.