Controlling Holders means in the case of consent or direction to be given hereunder, the Holders of the majority in aggregate principal amount of the Outstanding Bonds.
Controlling Holders means in the case of consent or direction to be given hereunder, the Holders of the majority in aggregate principal amount of the outstanding Bonds.
Controlling Holders means Neil G. Bluhm and Gregory A. Carlin and their respective trusts. “DGCL” means the General Corporation Law of the State of Delaware.
Examples of Controlling Holders in a sentence
The Trustee shall do so upon the written request of the Controlling Holders.
The Trustee may be removed at any time upon at least thirty (30) days’ notice by an instrument or document or concurrent instruments or documents in writing delivered to the Trustee, with copies thereof mailed to the Issuer, the Borrower and the Limited Partner, and signed by or on behalf of the Controlling Holders.
At reasonable times and under reasonable regulations established by the Trustee, the Register may be inspected and copied (at the expense of the person making such copies) by the Borrower, the Limited Partner, the Issuer, the Controlling Holders, or by a designated representative thereof.
More Definitions of Controlling Holders
Controlling Holders means, (i) at any time prior to a Collateral Split, both of the Primary Lenders acting together and (ii) at any time after a Collateral Split, with respect to any Loan Agreement and the related Transaction Documents, the holders of a majority of the aggregate outstanding principal amount of the Class A Notes and the Class B Notes governed by such Loan Agreement or, if there are only two holders of such Class A Notes and the Class B Notes, all of such holders of such Class A Notes and the Class B Notes.
Controlling Holders. The Holders of not less than 51% of the Outstanding Principal Amount (or with respect to any Class during the Funding Period applicable to such Class, the Maximum Series Amount with respect to such Class) of the most senior Class of Certificates then Outstanding (or Classes, if more than one Series is Outstanding).
Controlling Holders has the meaning set forth in the Preamble.
Controlling Holders. If any Class A Certificates are then Outstanding, the Holders of not less than 51% of the Outstanding Principal Amount of all Series of Class A Certificates; otherwise the Holders of not less than 51% of the Outstanding Principal Amount of all Series of Class B Certificates.
Controlling Holders means (a) Txxxxx X. Xxxxxxx and Rxxxxx X. Xxxxx, acting unanimously, as long as each holds any Registrable Securities (or securities convertible into Registrable Securities), (b) Txxxxx X. Xxxxxxx, if he holds Registrable Securities (or securities convertible into Registrable Securities) and Rxxxxx X. Xxxxx does not hold any Registrable Securities, (c) Rxxxxx X. Xxxxx, if he holds Registrable Securities (or securities convertible into Registrable Securities) but Txxxxx X. Xxxxxxx does not hold any Registrable Securities, or (d) if neither Txxxxx X. Xxxxxxx nor Rxxxxx X. Xxxxx hold any Registrable Securities (or securities convertible into Registrable Securities), the Holders holding a majority of the outstanding Registrable Securities (or securities convertible into Registrable Securities).
Controlling Holders. Holders of Class A Certificates representing at least 51% of the Class A Certificate Balance, and after the Class A Certificate Balance has been reduced to zero, Holders of Class B Certificates representing at least 51% of the Class B Certificate Balance, and after the Class B Certificate Balance has been reduced to zero, the Holder of the Transferor Certificate. "Corporate Trust Office": The principal corporate trust office of the Trustee at 0xx Xxxxxx and Marquette Avenue, Minneapolis, Minnesota 55479-0070, or at such other address as the Trustee may designate from time to time by notice to MBIA, the Certificateholders and the Transferor, or the principal corporate trust office of any successor Trustee. "Cumulative Gross Default Rate": For any Monthly Period, the sum of the Implicit Principal Balance of Lease Contracts, determined in the Monthly Period during which such Lease Contracts became 91 or more days delinquent, that either (a) are currently delinquent for a period of 91 or more days (including any such Lease Contracts that have been repurchased, removed or substituted during such Monthly Period), or (b) the Servicer has determined in accordance with its customary practices that it shall not make a Servicer Advance with respect to such Lease Contract, that a prior Servicer Advance with respect to such Lease Contract is unrecoverable, or that the remaining Scheduled Payments under the related Lease Contract are uncollectible (including any such Lease Contracts that have been removed, repurchased or substituted during such Monthly Period) divided by the Aggregate Initial IPB.
Controlling Holders. Holders of Class A Notes representing at least 50% of the Class A Note Balance, and after the Class A Note Balance has been reduced to zero, Holders of Class B Notes representing at least 50% of the Class B Note Balance.