Transferor Retained Certificates definition

Transferor Retained Certificates means Investor Certificates of any Series which the Transferor is required to retain pursuant to the terms of any Supplement.
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Transferor Retained Certificates means, with respect to Series 1998-2, the Class D Certificates, which the Transferor retains, but only to the extent that and for so long as the Transferor is the Holder of such Certificates.
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Transferor Retained Certificates means investor certificates of any Series, including the Class B Certificates, which the Transferor retains, but only to the extent that and for so long as the Transferor is the Holder of such Certificates.
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Examples of Transferor Retained Certificates in a sentence

  • Transferor has entered into this Agreement, and the Certificates will be issued, with the intention that for Federal, state and local income and franchise tax purposes, the Investor Certificates (except Transferor Retained Certificates which are held by Transferor) of each Series will qualify as debt secured by the Receivables.

  • The Class C Certificates shall be Transferor Retained Certificates so long as and to the extent held of record by the Transferor.

  • The promissory notes issued by the Receivables Subsidiary on May 30, 1996 in the aggregate principal amount of not more than $30,000,000, and which notes are secured by the Transferor Retained Certificates (as such term is defined in the Pooling and Servicing Agreement) and/or rights in the Transferor Interest (as such term is defined in the Pooling and Servicing Agreement) and are in form and substance reasonably satisfactory to the Agent.

  • Transferor has entered into the Agreement, and this Certificate is issued, with the intention that, for Federal, state and local income and franchise tax purposes only, the Investor Certificates (except Transferor Retained Certificates which are held by Transferor) will qualify as debt secured by the Receivables.

  • The Transferor has entered into the Agreement, and this Certificate is issued, with the intention that, for Federal, state and local income and franchise tax purposes only, the Investor Certificates (except, Transferor Retained Certificates which are held by the Transferor) will qualify as debt secured by the Receivables.


More Definitions of Transferor Retained Certificates

Transferor Retained Certificates means Investor Certificates of any Series, which the Transferor retains or any interest in a trust or other entity that holds Investor Certificates, such as the Subordinated Interests, that is retained by the Transferor, but only to the extent that and for so long as the Transferor is the Holder of such Certificates or interest in a trust that holds Investor Certificates.
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Transferor Retained Certificates means Investor Certificates of -------------------------------- any Series which the Transferor is required to retain pursuant to the terms of any Supplement. "Transferred Account" shall mean a credit card account (including an ------------------- account arising from an Alternative Program) with respect to which a new credit card account number has been issued by the Servicer because (i) a credit card was lost or stolen, (ii) separate accounts were merged into a single joint account, (iii) multiple accounts for a single individual were merged into a single individual account, or (iv) a joint account was converted to an individual account as a result of divorce or the death of a spouse, each under circumstances not requiring standard application and credit evaluation procedures under the Credit Card Guidelines and which can be traced or identified by reference to or by way of the lists delivered to the Trustee in disc or tape format pursuant to Sections 2.01 and 2.05, as an account into which an Account has been transferred. "Trust" shall mean the trust created by this Agreement. -----
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Related to Transferor Retained Certificates

  • Related Certificates For each interest in the Upper Tier REMIC, the Class of Certificates listed on the same row in the table entitled "Upper Tier REMIC" in the Preliminary Statement.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Accrual Certificates As specified in the Preliminary Statement.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Certificate Factor With respect to any Class of Regular Certificates as of any Distribution Date, a fraction, expressed as a decimal carried to six places, the numerator of which is the aggregate Certificate Principal Balance (or the Notional Amount, in the case of the Class CE Certificates) of such Class of Certificates on such Distribution Date (after giving effect to any distributions of principal and allocations of Realized Losses in reduction of the Certificate Principal Balance (or the Notional Amount, in the case of the Class CE Certificates) of such Class of Certificates to be made on such Distribution Date), and the denominator of which is the initial aggregate Certificate Principal Balance (or the Notional Amount, in the case of the Class CE Certificates) of such Class of Certificates as of the Closing Date.

  • Group II Certificates The Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates.

  • Group I Certificates The Class A-1 Certificates.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Class B-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.

  • Certificate Distribution Amount means, as of any Payment Date, the amount being distributed to the Trust Certificateholders on such Payment Date.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Class A Certificates As specified in the Preliminary Statement.

  • Class P Certificates All Certificates bearing the class designation of "Class P".

  • Accrued Certificate Interest With respect to each Distribution Date, as to any Class or Subclass of Certificates (other than any Principal Only Certificates), interest accrued during the related Interest Accrual Period at the related Pass-Through Rate on the Certificate Principal Balance or Notional Amount thereof immediately prior to such Distribution Date. Accrued Certificate Interest will be calculated on the basis of a 360-day year, consisting of twelve 30-day months. In each case Accrued Certificate Interest on any Class or Subclass of Certificates will be reduced by the amount of:

  • COFI Certificates As specified in the Preliminary Statement.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Group 4 Certificates As specified in the Preliminary Statement.