Disposition Participant definition

Disposition Participant. As applicable, with respect to a Disposition, any "depositor" with respect to such Disposition, the Disposition Agent, the Majority Noteholders, the Issuer, the Servicer, the related trustee and the related custodian, any nationally recognized credit rating agency, the related underwriters, the related placement agent, the related credit enhancer, the related whole-loan purchaser, the related purchaser of securities and/or any other party necessary or, in the good faith belief of any of the foregoing, desirable to effect a Disposition.
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Disposition Participant. With respect to a Disposition, the trustee, custodian, the rating agencies, the underwriter, the placement agent, the credit enhancer, the purchaser of securities and/or any other party necessary or, in the good faith belief of any of the foregoing, desirable to effect a Disposition.
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Disposition Participant. As applicable, with respect to a Disposition, any "depositor" with respect to such Disposition, the Majority Noteholders, the Trust, the Servicer, the related trustee and the related custodian, any nationally recognized credit rating agency, the related underwriters, the related placement agent, the related credit enhancer, the related whole-loan purchaser, the related purchaser of securities and/or any other party necessary or, in the good faith belief of any of the foregoing, desirable to effect a Disposition; it being understood that no Originator, their Affiliates or agents may purchase the Mortgage Loans in connection with a Disposition.
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Examples of Disposition Participant in a sentence

  • Any Payoff Amount sent by a Disposition Participant on account of Mortgage Loans shall be sent to the Note Purchaser or its designee.

  • The Collateral Agent shall deliver such documents accompanied by a Bailee Letter to the Disposition Participant and follow up to ensure that such Disposition Participant has executed the Bailee Letter and returned the same to the Collateral Agent.

  • If the Option is designated as an Incentive Stock Option, then in the event of a Disqualifying Disposition, Participant will immediately, and in any event not later than 15 days after such disposition, notify the Company in writing of such disposition.

  • The Custodial Loan Files relating to the Mortgage Loans included in a Request for Release shall be sent for delivery by the Collateral Agent to the applicable Disposition Participant specified by the related Originator to the Collateral Agent in writing.

  • The Collateral Agent shall not deliver any Custodial Loan File to any potential Disposition Participant unless such Disposition Participant was identified by the Note Purchaser.

  • From time to time and as appropriate for the Disposition of any of the Mortgage Loans, but only so long as no Event of Default or Amortization Event shall have occurred, the Collateral Agent is hereby authorized, upon written receipt from the related Originator of a Request for Release, in duplicate, to release to the applicable Disposition Participant the related Custodial Loan File.

  • From time to time and as appropriate for the Disposition of any of the Mortgage Loans, but only so long as no Event of Default or Amortization Event shall have occurred, the Collateral Agent is hereby authorized, upon written receipt from the Note Purchaser of a Request for Release, in duplicate, to release to the applicable Disposition Participant the related Custodial Loan File.

  • The Collateral Agent shall not deliver any Custodial Loan File to any potential Disposition Participant unless such Disposition Participant was identified by the related Note Purchaser.

  • The Custodial Loan Files relating to the Mortgage Loans included in a Request for Release shall be sent for delivery by the Collateral Agent to the applicable Disposition Participant specified by the Note Purchaser to the Collateral Agent in writing.


More Definitions of Disposition Participant

Disposition Participant means with respect to a Disposition, the trustee, ----------------------- custodian, the rating agencies, the underwriter, the placement agent, the credit enhancer, whole-loan purchaser, purchaser of securities and/or any other party necessary or, in the good faith belief of any of the foregoing, desirable to effect a Disposition.
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Related to Disposition Participant

  • Auction Participant or “Bidder” means a Person or Persons who submitted a bid as per the E- Auction Process Memorandum; and shall include a Qualified Bidder or the Successful Bidder and as the context requires;

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Participant has the meaning specified in Section 10.06(d).

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Principal Participant means any of the following entities:

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Key participant means a sole proprietor, a partner in partnership, or a person with executive managerial control in a corporation. A person with executive managerial control includes persons such as a chief executive officer, chief operating officer and chief financial officer. This definition does not include non-executive managers such as farm, field, or shift managers.

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

  • Canadian Participant means any Participant who is not a U.S. Participant and who is a Canadian resident for tax purposes.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Section 16 Participant means a participant under the Plan who is then subject to Section 16 of the Exchange Act.

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Voting Participant has the meaning specified in Section 10.06(d).

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.