Call Option Holder definition

Call Option Holder. Initially, the Master Servicer and any successor Call Option Holder which has been assigned the Call Option pursuant to a Call Option Assignment Agreement and Section 10.03 hereof.
Call Option Holder. At any date of determination, each holder of any NIM Residual Securities (if any such NIM Residual Securities have been issued and are outstanding), or if no NIM Securities are outstanding, each Holder of a Class X Certificate.
Call Option Holder means the Person named as the Call Option Holder in the Call Option Agreement.

Examples of Call Option Holder in a sentence

  • In the event that the Call Option Holder does not exercise its right of optional termination, the obligations and responsibilities created by the Agreement will terminate upon the earliest of (i) the Distribution Date on which the Class Certificate Principal Balance of each Class of Certificates has been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan and (iii) the Latest Possible Maturity Date.

  • The Trustee shall, within two Business Days of receipt of an executed Call Option Assignment Agreement from the Seller, acknowledge and deliver to the Seller and the successor Call Option Holder, an executed and acknowledged copy of such Call Option Assignment Agreement.

  • Subject to the restrictions set forth in Section 10.03(b), the Seller may, in its sole discretion, designate one (1) successor Call Option Holder upon delivery to, and acknowledgement by, the Trustee and the Master Servicer of, a Call Option Assignment Agreement.

  • Any transfer to a Call Option Holder not meeting the requirements of this Section 10.03(b) shall be null and void.

  • Upon assignment of the Call Option by the Seller to a successor Call Option Holder, the successor Call Option Holder will hold all rights to the Call Option and neither the Master Servicer nor the Seller will have any further interest in the Call Option.


More Definitions of Call Option Holder

Call Option Holder has the meaning set forth in the Exchange Agreement.
Call Option Holder means the holder of the Call Option, which is currently the Original Call Option Holder.
Call Option Holder means the holder of the Call Option, which is currently Madison Dearborn Capital Partners VI-C, L.P.
Call Option Holder means such Person listed on Section 1.1(a) of the Company Disclosure Letter.
Call Option Holder. The Master Servicer.
Call Option Holder has the meaning set forth in Section 2.1(d)(i).
Call Option Holder. Ambow Education Co., Ltd. (“AECL”) Registered Address: XX Xxx 000, Xxxxxx Xxxx, Grand Cayman The Parties hereby agree as follows: