Call Right Holder definition

Call Right Holder. With respect to the Group 1 Mortgage Certificates, a Certificateholder (other than Banc of America Securities LLC or an affiliate of Banc of America Securities LLC) who, as of the related Record Date, owns (directly or through Exchangeable Certificates) in the aggregate Group 1 Certificates evidencing greater than 50% of the aggregate Class Balance of the outstanding Group 1 Certificates. With respect to the Group 2 Mortgage Certificates, a Certificateholder (other than Banc of America Securities LLC or an affiliate of Banc of America Securities LLC) who, as of the related Record Date, owns (directly or through Exchangeable Certificates) in the aggregate Group 2 Certificates evidencing greater than 50% of the aggregate Class Balance of the outstanding Group 2 Certificates. With respect to the Group 3 Mortgage Certificates, a Certificateholder (other than Banc of America Securities LLC or an affiliate of Banc of America Securities LLC) who, as of the related Record Date, owns (directly or through Exchangeable Certificates) in the aggregate Group 3 Certificates evidencing greater than 50% of the aggregate Class Balance of the outstanding Group 3 Certificates. Certificate: Any one of the Class 1-A-1, Class 1-A-2, Class 1-A-3, Class 1-A-4, Class 1-A-R, Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 3-A-1, Class 3-A-2, Class 3-A-3 or Class 3-A-4 Certificates executed by the Trustee in substantially the forms annexed hereto.
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Call Right Holder. Each of the WF Master Servicer and the WMMSC Master Servicer, in respect of their right to purchase certain groups of Mortgage Loans as set forth in Section 10.01. Certificate: Any of the Banc of America Funding Corporation Mortgage Pass-Through Certificates, Series 2004-D that are issued pursuant to this Agreement.
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Call Right Holder has the meaning set forth in Section 10.3(a).
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Examples of Call Right Holder in a sentence

  • The obligations and responsibilities created by the Agreement shall terminate upon the earlier to occur of (A) the final distribution to Certificateholders of all amounts required to be distributed pursuant to the Agreement or (B) the optional purchase by a Call Right Holder of the last Mortgage Certificate remaining in the Trust Fund at a purchase price determined as provided in the Agreement.

  • The obligations and responsibilities created by the Agreement shall terminate upon the earlier to occur of (A) the final distribution to Certificateholders of all amounts required to be distributed pursuant to the Agreement or (B) the optional purchase by the Call Right Holder of the Mortgage Certificates in the Trust Fund at a purchase price determined as provided in the Agreement.

  • Any such purchase shall be accomplished by the Call Right Holder (a) providing written notice to the Trustee of its intention to purchase the Mortgage Certificates no later than the end of the calendar month preceding the month of the Final Distribution Date and (b) remitting, not later than the Business Day preceding the Final Distribution Date, the Termination Price to the Trustee for deposit into the Certificate Account.

  • If such right is exercised by the Call Right Holder, the Securities Administrator shall, promptly following payment of the purchase price, release to the Call Right Holder, or its respective designees, the Mortgage Files pertaining to such Mortgage Loans being purchased.

  • If such right is exercised, the Trustee shall, promptly following payment of the Termination Price, release to the Call Right Holder or its designee the Mortgage Certificates.

  • Fair market value for the purposes of the previous sentence and the first paragraph of this Section 10.01 will be determined by the Call Right Holder as of the close of business on the third Business Day next preceding the date upon which such notice of the exercise of any purchase right is furnished to Certificateholders pursuant to the sixth paragraph of this Section 10.01.

  • If such right is exercised, the Trustee shall, promptly following payment of the Termination Price, release to the Call Right Holder or its designee the Mortgage Certificates being purchased.

  • Any such purchase shall be accomplished by the applicable Call Right Holder (a) providing written notice to the Trustee of its intention to purchase the related Mortgage Certificates no later than the end of the calendar month preceding the month of the Final Distribution Date and (b) remitting, not later than the Business Day preceding the Final Distribution Date, the Termination Price to the Trustee for deposit into the Certificate Account.

  • In case the reconciliation ledger is still not active we can proceed as follows:- Double Click Update the following: - Click on 5.2 Define Adjustment Accounts for Reconciliation Posting IMG à Controlling à Cost Element Accounting à Reconciliation Ledger àDefine Adjustment Accounts for Reconciliation Posting Create a GL account in FI for the FI-CO reconciliation.

  • If the Call Right Holder is obligated to give notice to Certificateholders as aforesaid, it shall give such notice to the Trustee and the Certificate Registrar at the time such notice is given to Certificateholders.


More Definitions of Call Right Holder

Call Right Holder. The Majority Class CE Certificateholders, or if such holder is the Seller, or an affiliate of the Seller, or if the Majority Class CE Certificateholders fail to exercise the option on the Optional Termination Date, the Depositor.
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Call Right Holder in respect of its right to purchase the Mortgage Loans as set forth in Section 10.01.
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Call Right Holder. Wells Fargo Bank, N.A., in respect of its right to purchase the Mortgagx Xxxns as set forth in Section 10.01.
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Call Right Holder. A Certificateholder (other than Banc of America Securities LLC or an affiliate of Banc of America Securities LLC) who, as of the related Record Date, owns (directly or through Exchangeable Certificates) in the aggregate Certificates evidencing greater than 50% of the aggregate Class Balance of the outstanding P&I Certificates.
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Call Right Holder. A Certificateholder (other than Banc of America Securities LLC or an affiliate of Banc of America Securities LLC) who, as of the related Record Date, owns in the aggregate Certificates evidencing greater than 50% of the aggregate Class Balance of the outstanding P&I Certificates.
Sample 1

Related to Call Right Holder

  • right holder means a person or a legal entity that was previously granted or lawfully acquired a fishing right or which will be granted a right in the allocation process envisaged in this Policy.

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

  • Call Rights As defined in Section 9.01(f).

  • Put Right has the meaning set forth in Section 8.05(a).

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • Rights Holder means the holder of the Call Rights.

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Preemptive Right has the meaning set forth in Section 9.6(a).

  • Preferred Shareholder means any holder of Preferred Shares.

  • Eligible Stockholder means a person who has either (1) been a record holder of the shares of common stock of the Corporation used to satisfy the eligibility requirements in Section 3.2(d) continuously for the required three-year period or (2) provides to the Secretary of the Corporation, within the time period referred to in Section 3.2(e), evidence of continuous Ownership of such shares for such three-year period from one or more securities intermediaries.

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • Retraction Call Right has the meaning ascribed thereto in the Exchangeable Share Provisions;

  • Public Stockholders means the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.