Class P Certificateholder definition

Class P Certificateholder means Green Tree Finance Corp.--Two.
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Class P Certificateholder. A Holder of a Class P Certificate.
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Class P Certificateholder. The Trustee shall treat amounts transferred by the Upper Tier REMIC to the Excess Reserve Fund Account as distributions to the Class X Certificateholder or, to the extent of the Pledged Prepayment Penalty Amount, the Class P Certificateholder for all Federal tax purposes.
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Examples of Class P Certificateholder in a sentence

  • Class P Prepayment Charges shall be distributed to the Class P Certificateholder pursuant to Section 4.02(g).

  • Any Prepayment Charges identified on Exhibit H hereto as belonging to the Class P Certificateholder shall be paid to the Holders of the Class P Certificates.

  • Class P Prepayment Charges shall be distributed to the Class P Certificateholder pursuant to Section 4.02(f).

  • The Class P Certificate shall be an Uncertificated interest, the owner of which will be the Class P Certificateholder.

  • Upon the request of any Rating Agency or any Class J, Class K, Class L, Class M, Class N, Class O and Class P Certificateholder, pursuant to Section 8.12(b), the Trustee shall deliver copies of any of the items delivered pursuant to the preceding sentence to such requesting Person.

  • Any Prepayment Charges identified on Exhibit H hereto as belonging to the Class P Certificateholder shall be paid to the Holders of the related Class P Certificates.

  • Class P Prepayment Charges shall be distributed to the Class P Certificateholder pursuant to Section 4.02(c).

  • Upon the request of any Rating Agency or any Class G, Class H, Class J, Class K, Class L, Class M, Class N, Class O and Class P Certificateholder, pursuant to Section 8.12(b), the Trustee shall deliver copies of any of the items delivered pursuant to the preceding sentence to such requesting Person.

  • Any Class P Certificateholder or Class R Certificateholder desiring to effect such transfer shall, and does hereby agree to, promptly indemnify and reimburse the Trustee, the Seller, the Depositor, the Trust Administrator and the Servicer for costs and expenses incurred in connection with any liability that results if the transfer is not so exempt or is not made in accordance with such applicable federal and state laws.

  • By acceptance of this Certificate, the Class P Certificateholder agrees to disclosure of his, her or its name and address to other Certificateholders under the conditions specified in the Agreement.

Related to Class P Certificateholder

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Class R Certificateholder The registered Holder of the Class R Certificate.

  • REMIC III Certificateholder The Holder of any REMIC III Certificate.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

  • Class A Certificateholder The registered holder of a Class A Certificate.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Holder or Certificateholder The registered owner of any Certificate as recorded on the books of the Certificate Registrar except that, solely for the purposes of taking any action or giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, the Trustee, the Master Servicer, any Servicer or any Affiliate thereof shall be deemed not to be outstanding in determining whether the requisite percentage necessary to effect any such consent has been obtained, except that, in determining whether the Trustee shall be protected in relying upon any such consent, only Certificates which a Responsible Officer of the Trustee knows to be so owned shall be disregarded. The Trustee may request and conclusively rely on certifications by the Depositor, the Master Servicer and any Servicer in determining whether any Certificates are registered to an Affiliate of the Depositor, the Master Servicer or such Servicer.

  • Investor Certificateholder means the holder of record of an Investor Certificate.

  • Class D Certificateholder Has the meaning specified in Section 4.01(b)(iv) of this Trust Supplement.

  • Junior Certificateholder The Holder of not less than 95% of the Percentage Interests of the Junior Class of Certificates.

  • Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Applicable Certificateholder Means the Person in whose name an Applicable Certificate is registered on the Register for the Applicable Certificates.

  • Controlling Class Certificateholder Each Holder (or Certificate Owner, if applicable) of a Certificate of the Controlling Class as determined by the Certificate Administrator from time to time.

  • Certificateholder only the Person in whose name a Certificate is registered in the Certificate Register.

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.

  • Class P Certificate Any one of the Class P Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-5 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

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

  • Remaining Certificateholder Any Holder (or Holders provided they act in unanimity) holding 100% of the Certificates (other than the Class S and Class R Certificates) or an assignment of the voting rights thereof; provided, however, that the Certificate Balances of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class A-S, Class B, Class C and Class D Certificates and the Notional Amounts of the Class X-A, Class X-B and Class X-D Certificates have been reduced to zero.

  • Certificateholders' Principal Distributable Amount means, with respect to any Distribution Date, an amount equal to zero until the outstanding principal amount of each Class of Notes has been reduced to zero, and thereafter, an amount equal to the Principal Distribution Amount (as reduced by the Noteholders’ Principal Distributable Amount, if any for such Distribution Date) for such Distribution Date.

  • Residual Certificates As specified in the Preliminary Statement.

  • Unaffiliated Certificateholder Any Certificateholder other than the Depositor or an Affiliate of the Depositor.