Non-Directing Holders means the holders of Certificates representing the specified interest in the class of Certificates designated as the “controlling class” or the duly appointed representative of the holders of such Certificates or such other party otherwise entitled under the Note A-2 PSA to exercise the rights granted to the Non-Directing Holders in this Agreement. If Note A-2 has not been included in a Securitization, the Non-Directing Holder with respect to such Note will be the then-current Holder of such Note.
Directing Holder means the Holder of Note A-1 or, if Note A-1 is included in a Securitization, the holders of Certificates issued in connection with such Securitization representing the specified interest in the class of Certificates designated as the “Controlling Class” or the duly appointed representative of the holders of such Certificates or such other party that the Note A-1 Holder grants the right to exercise the rights granted to the Directing Holder in this Agreement; provided, that no Borrower Party shall be entitled to act as Directing Holder.
Acting Holders means, at the time of determination, Holders of at least 40% of the outstanding CVRs as set forth on the CVR Register.
Controlling Holder means, as of any date of determination:
Initiating Holder has the meaning set forth in Section 2.01(a).
Participating Holder means any Holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 2(b) hereof.
Requesting Holder shall have the meaning given in subsection 2.1.1.
Existing Holder means a Broker-Dealer, or any such other Person that may be permitted by the Trust, that is listed as the holder of record of APS in the Share Books.
Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.
Initial Holder has the meaning set forth in the preamble.
Requesting Holders shall have the meaning given in Section 2.1.5.
Ineligible Holder is defined in Section 4.8(c).
Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).
Controlling Noteholder Representative shall have the meaning assigned to such term in Section 6(a).