Applicable Series definition

Applicable Series means, with respect to any date of determination, a Series with an Investor Interest of greater than zero;

Applicable Series shall have the meaning set forth in Section 3.6(c)(i) hereof.

Applicable Series shall have the meaning assigned to such term in the definition of “Revolving Credit Termination Date”.

Examples of Applicable Series in a sentence

• If a Subscriber makes additional investments in the Applicable Series of the Fund, the Subscriber will be deemed to have repeated to the Fund and the Manager, the representations and warranties contained in this Subscription Agreement.

• In general, a designated beneficiary is a Unitholder that is (i) a non-resident of Canada, (ii) a non-resident-owned investment corporation, (iii) a Unitholder exempt from tax under Part I of the Tax Act where the Unitholder’s units of the Applicable Series of the Fund (the “Units”) were acquired other than from the Fund, or (iv) a trust or partnership, subject to certain exceptions.

• The Holders of record of 50% of the Trust Preferred Securities of the Applicable Series entitled to attend a meeting, present in person or by proxy, shall constitute a quorum at any meeting of the Securityholders of the Trust Preferred Securities.

• The Applicable Series C Conversion Value, as so adjusted, shall be readjusted in the same manner upon the happening of any successive Extraordinary Common Stock Event or Events.

• No co-trustee or separate trustee hereunder shall be required to meet the terms of eligibility as a successor trustee under Section 6.11, and no notice to Noteholders of the appointment of any co-trustee or separate trustee shall be required under Section 6.08 but notice shall be given to each Applicable Series Enhancer.

More Definitions of Applicable Series

Applicable Series shall have the meaning as provided Section 3.6(b)(i).

Applicable Series shall have the meaning assigned thereto in Section 3.8(b)(i).

Applicable Series means the Series [name] of the Trust, created pursuant to a Series Supplement dated as of the date hereof executed by the Agent and the Sponsor.

Applicable Series means the Series of Notes to which the proposed amendments are relevant;

Applicable Series shall have the meaning set forth in Section 37(a) of the Agreement. “Appraisal” shall mean, with respect to any Mortgaged Property, an appraisal of such Mortgaged Property meeting the requirements of the representations and warranties set forth in paragraph (nn) on Schedule 1 hereto. “Appraised Value” shall mean the value set forth in an Appraisal made in connection with the origination of the related Mortgage Loan as the value of the underlying Mortgaged Property, and any updated Appraisal with respect thereto. “Approved CPA” shall mean Binder Dijker Xxxx (BDO) or any certified public accountant approved by Xxxxx in writing in its sole discretion. “Approved Originator” shall mean those lending institutions set forth on Schedule 6 hereto, and any other lending institutions approved in writing by Buyer in its sole discretion; provided that any previously Approved Originator will no longer be an Approved Originator upon written notice from Buyer.

Applicable Series and "Excess Spread" shall bear the same meanings herein as used in the Series 99-1 Supplement dated 23 November 1999 to the Declaration of Trust and Trust Cash Management Agreement dated 23 November 1999.

Applicable Series and "AVAILABLE SPREAD" shall bear the same meanings herein as used in the Series 00-A Supplement and the Series 00-B Supplement, each dated 27 March 2000, to the Receivables Trust Deed and Trust Cash Management Agreement dated 27 March 2000.