Existing Certificateholder definition

Existing Certificateholder means (i) with respect to and for the purpose of dealing with the Auction Agent in connection with an Auction, a Person who is a Broker-Dealer listed in the Existing Certificateholder Registry at the close of business on the Business Day immediately preceding such Auction and (ii) with respect to and for the purpose of dealing with the Broker-Dealer in connection with an Auction, a Person who is a beneficial owner of any Class of Auction Rate Certificates.
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Existing Certificateholder means with respect to and for the purpose of -------------------------- dealing with the Auction Agent in connection with an Auction, (i) a Person who is a Broker-Dealer listed in the Existing Certificateholder Registry at the close of business on the Business Day immediately preceding such Auction and (ii) a Person who is a beneficial owner of the Class A-3 Certificates.
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Examples of Existing Certificateholder in a sentence

  • Subject to the provisions of Section 2.1.1 (b) hereof, a Sell Order by an Existing Certificateholder shall constitute an irrevocable offer to sell: the principal amount of Outstanding Class II A-2 Certificates specified in such Sell Order; or such principal amount, or a lesser principal amount of Outstanding Class II A- 2 Certificates set forth in Section 2.1.1(d)(ii)(C) hereof, if Sufficient Bids have not been made.

  • An Existing Certificateholder may sell, transfer or otherwise dispose of Auction Rate Certificates pursuant to a Sell Order placed in an Auction or otherwise through a Broker-Dealer, provided that, in the case of all transfers other than pursuant to an Auction, such Existing Certificateholder, its Broker-Dealer or its Participant shall advise the Auction Agent of such transfer.

  • The Auction Agent shall indicate in the Existing Owner Registry for each Existing Noteholder and Existing Certificateholder the identity of the Broker-Dealer which submitted the most recent Order in any Auction which resulted in such Existing Noteholder or Existing Certificateholder continuing to hold or purchasing the Auction Rate Notes or Certificates, as the case may be.

  • So long as the ownership of a Class is maintained in Book-Entry Form, an Existing Certificateholder may sell, transfer or otherwise dispose of such Certificates only pursuant to a Bid or Sell Order placed in an Auction or otherwise sell, transfer or dispose of such Certificates through a Broker-Dealer, provided that, in the case of all transfers other than pursuant to Auctions, such Existing Certificateholder, its Broker-Dealer or its Participant advises the Auction Agent of such transfer.

  • The Auction Agent shall be entitled to rely upon the address of each Broker-Dealer as provided in Section 4.3 of the applicable Broker-Dealer Agreement in connection with any notice to each Broker-Dealer, as an Existing Noteholder or Existing Certificateholder, required to be given by the Auction Agent.

  • The Auction Agent may rely upon, as evidence of the identities of the Existing Noteholders and Existing Certificateholders, such list, the results of each Auction and notices from any Existing Noteholder or Existing Certificateholder, Participant of any Existing Noteholder or Existing Certificateholder or Broker-Dealer of any Existing Noteholder or Existing Certificateholder.