Rights of Investor Certificateholders Sample Clauses

Rights of Investor Certificateholders. Each Investor Certificate shall represent a Fractional Undivided Interest in the Trust, including the right to receive the Collections and other amounts at the times and in the amounts specified herein and in the Series Supplements to be deposited in Investor Accounts or paid to the Investor Certificateholders and, with respect to any particular Series, any additional rights set forth in the applicable Series Supplement; provided, however, that the aggregate interest represented by all Investor Certificates outstanding at any one time in the assets of the Trust shall not exceed an amount equal to the Aggregate Invested Amount plus all accrued but unpaid Certificate Interest and any interest thereon. The Seller Certificate shall represent a fractional undivided interest in the Trust, including the right to receive the Collections and other amounts at the times and in the amounts specified herein and in the Series Supplements to be paid to the Holder of the Seller Certificate.
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Rights of Investor Certificateholders. The Series 2001-A Certificates shall represent (i) the right of each Series 2001-A Certificateholder to receive payments of Series 2001-A Quarterly Principal Amortization Amounts, Quarterly Interest, any Additional Amounts and other amounts due thereunder upon the terms and conditions of such Certificates, the Master Trust Agreement and this Supplement and (ii) fractional undivided interests in the Trust, consisting of the right to receive, to the extent necessary to make the required payments described in clause (i) above with respect to such Series 2001-A Certificates at the times and in the amount specified in the Master Trust Agreement, (a) the Series Percentage relating to Series 2001-A of Collections received with respect to the Purchased Receivables, (b) funds on deposit in the Collection Account, the Sweep Account and the Peso Denominated Account allocable to the Series 2001-A Certificates, (c) funds on deposit in the Series 2001-A Collection Subaccount, (d) funds on deposit in the Series 2001-A Certificate Account and (e) funds on deposit in the Series 2001-A Reserve Account. The Sellers' Certificate and the Subordinated Certificates, if any, shall represent the ownership interest in the Trust Assets not allocated to the Series 2001-A Certificates or any other Series outstanding; PROVIDED, HOWEVER, the ownership interest represented by the Sellers' Certificate, the Subordinated Certificates or by any other Series outstanding shall not represent any interest in the Series 2001-A Collection Subaccount, the Series 2001-A Certificate Account, the Series 2001-A Reserve Account, the Sweep Account, the Peso Denominated Account or any portion thereof allocable to the Series 2001-A Certificates, except as specifically provided in the Master Trust Agreement and this Supplement.
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Rights of Investor Certificateholders to Direct ----------------------------------------------- Trustee. Investor Certificateholders evidencing more than 50% of the Invested Amount of any Series affected by the conduct of any proceeding or the exercise of any right conferred on the Trustee shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee; provided, -------- however, that nothing in any Pooling and Servicing Agreement shall impair the ------- right of the Trustee to take any action deemed proper by the Trustee and which is not inconsistent with such direction of the Investor Certificateholders; provided, further, that in furtherance and without limiting the generality of -------- ------- subsection 8.01(d), the Trustee shall have the right to obtain, before acting in ------------------ accordance with any such direction of the Investor Certificateholders, such reasonable indemnity from the Investor Certificateholders as the Trustee may require against the costs, expenses and liabilities that may be incurred in so acting.
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Rights of Investor Certificateholders. 19 SECTION 4.5 Allocations . . . . . . . . . . . . . . . . . . . . . . 19 SECTION 4.6 Determination of Monthly Interest . . . . . . . . . . . 24 SECTION 4.7 Determination of Monthly Principal . . . . . . . . . . . 25 SECTION 4.8
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Rights of Investor Certificateholders. The Collateral Certificates shall represent undivided interests in the Trust, consisting of the right to receive (a) the related Allocation Percentage (as defined in the related Indenture Supplement) of Collections, (b) funds on deposit in the Collection Account and the Excess Funding Account allocable to the Collateral Certificates and funds on deposit in the Series Accounts, (c) Shared Principal Collections allocated to the Collateral Certificates in accordance with subsection 4.3(f), (d) Shared Excess Finance Charge Collections allocated to the Collateral Certificates in accordance with subsection 4.3(g) and (e) any related Enhancement for the Collateral Certificates and related Note Series. Unless otherwise specified in the related Indenture Supplement, each Collateral Series shall consist of a single Class and shall not be senior or subordinated to any other Series. The Transferor Interest (as defined in the Indenture) shall not represent any interest in the Collection Account or any Series Accounts, except as specifically provided in this Article IV and the related Indenture Supplement.
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Rights of Investor Certificateholders. The Collateral Certificates shall represent Undivided Interests in the Trust, consisting of the right to receive (a) the related Investor Percentage (as defined in the related Indenture Supplement) of Collections, (b) funds on deposit in the Collection Account and the Excess Funding Account allocable to the Collateral Certificates and (c) Shared Principal Collections allocated to the Collateral Certificates in accordance with subsection 4.3(g). Unless otherwise specified in the related Indenture Supplement, each Collateral Series shall consist of a single Class and shall not be senior or subordinated to any other Series. The Exchangeable Seller Certificate shall represent the ownership interest in the Trust Assets not allocated to the Collateral Certificates or any other Series outstanding; provided, however, the ownership interest represented by the Exchangeable Seller Certificate and any other Series outstanding shall not represent any interest in the Collection Account or any other Series Account, except as specifically provided in this Article IV.
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Rights of Investor Certificateholders. The Series ------------------------------------- 1995-A Certificates shall represent Undivided Interests in the Trust, consisting of the right to receive, to the extent necessary to make the required payments with respect to such Series 1995-A Certificates at the times and in the amounts specified in this Agreement, (a) the related Investor Percentage of Collections, (b) funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 1995-A Certificates, (c) Shared Principal Collections allocated to the Series 1995-A Certificates in accordance with subsection 4.3(g) and (d) funds on deposit in the Finance Charge Sub- subaccount, the Principal Collections Sub-subaccount and the Distribution Account. The Exchangeable Seller Certificate shall represent the ownership interest in the Trust Assets not allocated to the Series 1995-A Certificates or any other Series outstanding; provided, however, the ownership interest represented by the Exchangeable Seller Certificate and any other Series outstanding shall not represent any interest in the Collection Account or any other Series Account, except as specifically provided in this Article IV.
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Related to Rights of Investor Certificateholders

  • Control by Certificateholders Subject to Section 6.03 and the Intercreditor Agreement, the Certificateholders holding Certificates evidencing Fractional Undivided Interests aggregating not less than a majority in interest in the Trust shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee with respect to the Trust or pursuant to the terms of the Intercreditor Agreement, or exercising any trust or power conferred on the Trustee under this Agreement or the Intercreditor Agreement, including any right of the Trustee as Controlling Party under the Intercreditor Agreement or as holder of the Equipment Notes, provided that:

  • Notification to Noteholders and Certificateholders Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.

  • Rights of Certificateholders Section 11.1 Limitation on Rights of Holders.............................. Section 11.2 Access to List of Holders.................................... Section 11.3 Acts of Holders of Certificates..............................

  • Depositor as Certificateholder The Depositor in its individual or any other capacity may become the owner or pledgee of Certificates and may otherwise deal with the Owner Trustee or its Affiliates as if it were not the Depositor.

  • Actions by Certificateholders (a) Wherever in this Trust Agreement a provision is made that an action may be taken or a notice, demand or instruction given by Certificateholders or Beneficial Owners, such action, notice or instruction may be taken or given by any Certificateholder or Beneficial Owner.

  • Persons Deemed Trust Certificateholders Prior to due presentation of a Trust Certificate for registration of transfer, the Owner Trustee, the Certificate Registrar, any Paying Agent and any of their respective agents may treat the Person in whose name any Trust Certificate is registered in the Certificate Register as the owner of such Trust Certificate for the purpose of receiving distributions pursuant to Section 5.02 and for all other purposes whatsoever, and none of the Owner Trustee, the Certificate Registrar, any Paying Agent or any of their respective agents shall be affected by any notice to the contrary.

  • Purchase Rights of Certificateholders (a) By acceptance of its Applicable Certificate, each Applicable Certificateholder agrees that at any time after the occurrence and during the continuation of a Certificate Buyout Event:

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