Equity Certificateholder definition

Equity Certificateholder means the Person in whose name the Equity Certificate is registered in the Certificate Register.

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Equity Certificateholder has provided written instructions for such payment method to the Indenture Trustee and Owner Trustee, respectively, at least ten days prior to such Payment Date.

Equity Certificateholder shall have the meaning specified in the Trust Agreement.

Examples of Equity Certificateholder in a sentence

Until the Owner Trustee shall have received the requested instruction it may, but shall be under no duty to, take or refrain from taking such action, as it shall deem to be in the best interests of the Equity Certificateholder, and shall have no liability to any Person for such action or inaction.
The amount of any withholding tax imposed with respect to the Equity Certificateholder shall be treated as cash distributed to such Equity Certificateholder at the time it is withheld by the Trust and remitted to the appropriate taxing authority.
The fees and expenses of the subservicer (if any) will be as agreed between the Servicer and its subservicer and neither the Owner Trustee, the Trust, the Indenture Trustee nor any Noteholder or Equity Certificateholder will have any responsibility therefor.
It shall not be necessary for the consent of the Equity Certificateholder, Noteholders or the Indenture Trustee pursuant to this Section to approve the particular form of any proposed amendment or consent, but it shall be sufficient if such consent shall approve the substance thereof.
It shall be the duty of the Owner Trustee to discharge (or cause to be discharged through the Administrator or such other agents as shall be appointed) all of its responsibilities pursuant to the terms of this Agreement and the Transaction Documents to which the Trust is a party and to administer the Trust in the interest of the Equity Certificateholder, subject to the Transaction Documents and in accordance with the provisions of this Agreement.
It shall not be necessary for the consent of Noteholders and the Equity Certificateholder pursuant to Section 11.01(b) to approve the particular form of any proposed amendment or consent, but it shall be sufficient if such consent shall approve the substance thereof.
The Indenture Trustee hereby agrees that all amounts held by it for payment hereunder will be held in trust for the benefit of the Noteholders and the Equity Certificateholder, as their interests may appear.
The manner of obtaining such consents and of evidencing the authorization by Noteholders and the Equity Certificateholder of the execution thereof shall be subject to such reasonable requirements as the Indenture Trustee may prescribe.
In the event that any withholding tax is imposed on the Trust's payment (or allocation of income) to the Equity Certificateholder, such tax shall reduce the amount otherwise distributable to the Equity Certificateholder in accordance with this Section.
The Trust shall be administered pursuant to the provisions of this Agreement, the Administration Agreement and the Trust Agreement for the benefit of the Noteholders and the Equity Certificateholder.

More Definitions of Equity Certificateholder

Equity Certificateholder. A Person in whose name an Equity Certificate is registered in the Certificate Register.

Equity Certificateholder means the holder of an Equity Certificate. It is expected that the Depositor, as the original holder of the Equity Certificates, will assign the Equity Certificates to the Revolving Trust Trustee in connection with the transactions contemplated hereby and by the Related Documents. As such, until notified to the contrary and at the direction of the Depositor, the Trustee shall be entitled to treat the Revolving Trust Trustee as the holder of all Equity Certificates for all purposes of this Indenture. In the event that the Issuer is terminated pursuant to Section 9.1(b) of the Trust Agreement and the Equity Certificates are canceled, all rights hereunder provided in respect of the Equity Certificates (including the right to receive distributions of principal, interest and other amounts described herein) shall automatically vest in the successor in interest to the Equity Certificateholders, as such successor in interest shall be identified by the Revolving Trust Trustee.