Excess Distribution Certificateholder definition

Excess Distribution Certificateholder means the person in whose name an Excess Distribution Certificate is registered in the Excess Distribution Certificate Register.
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Excess Distribution Certificateholder means the Person who is the owner of the Excess Distribution Certificate.
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Examples of Excess Distribution Certificateholder in a sentence

  • In addition, Navient Funding, LLC, as the sole Excess Distribution Certificateholder of the Issuer, hereby irrevocably waives any rights it may have under any Basic Document (as defined in the Indenture) to receive prior notice of the substance of this Amendment.

  • A comprehensive analysis under NEPA also ensures that the public has sufficient information to participate in the agency’s decision-making process.

  • In addition, Navient Funding, LLC, as the sole Excess Distribution Certificateholder of the Issuer, hereby irrevocably waives any rights it may have under any Basic Document (as defined in each Indenture) to receive prior notice of the substance of this Amendment.

  • For all purposes hereunder, the Depositor shall be the Excess Distribution Certificateholder.

  • In addition, Navient Funding, LLC, as the sole Excess Distribution Certificateholder of the Issuer, hereby irrevocably waives any rights it may have under any Basic Document (as defined in the Indenture) to receive prior notice of the substance of this Amendment Agreement.

  • The Excess Distribution Certificate Paying Agent shall make distributions to the Excess Distribution Certificateholder from the amounts received from the Indenture Trustee pursuant to Section 2.07(c)(xv) and Section 2.08 of the Administration Agreement and shall report the amounts of such distributions to the Indenture Trustee (if the Excess Distribution Certificate Paying Agent is not the Indenture Trustee).

  • The foregoing shall not limit the rights of the Depositor, nor any Excess Distribution Certificateholder to file any claim in, or otherwise take any action with respect to, any insolvency proceeding that was instituted against the Trust by a Person other than the Depositor or such other Excess Distribution Certificateholder.

  • Carryover Sub-servicing Fees $ 0.00 $ 455,518.42 K Additional Principal Distribution Amount $ 227,759.21 $ 227,759.21 L Unpaid Expenses of Trustee $ 0.00 $ 227,759.21 M Unpaid Expenses of Administrator $ 0.00 $ 227,759.21 N Remaining Funds to the Excess Distribution Certificateholder $ 227,759.21 $ 0.00 Waterfall Conditions A.Class C Noteholders' Interest Distribution Condition i.

  • The Excess Distribution Certificateholder, as evidenced by its agreement to accept the rights conferred under the Excess Distribution Certificate, is hereby deemed to accept all obligations of the Depositor under this Agreement.

  • In addition, Navient Investment Corporation, as the sole Excess Distribution Certificateholder of each of the Trusts listed on Schedule I hereto, hereby irrevocable waives any rights it may have under any Basic Document (as defined in each Indenture) to receive prior notice of the substance of this Amendment.

Related to Excess Distribution Certificateholder

  • Excess Distribution Certificate means the certificate, substantially in the form of Exhibit A to the Trust Agreement, evidencing the right to receive payments thereon as set forth in Sections 2.8(j) and 2.9(f) of the Administration Agreement.

  • Excess Distribution is defined in Section 6.1(d)(iii)(A).

  • Excess Distribution Unit is defined in Section 6.1(d)(iii)(A).

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

  • Certificateholder means the Person in whose name the Certificate is registered.

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

  • Class D Certificateholder means the Person in whose name a Class D 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.

  • Trust Certificateholder means the Person in whose name a Trust Certificate is registered on the Certificate Register.

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

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.

  • 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.

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

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

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

  • Directing Certificateholder means the “Controlling Class Certificateholder” or other analogous term as defined in the Lead Securitization Servicing Agreement.