Extension Adviser definition

Extension Adviser. As defined in Section 3.26(a).
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Extension Adviser. State Street Bank and Trust Company, or after its resignation or removal to its successor selected pursuant to Section 3.25(a).
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Examples of Extension Adviser in a sentence

  • At the meeting, each such Holder shall be entitled to nominate one Person to act as Extension Adviser.

  • The Trustee shall cause the election of the Extension Adviser to be held as soon thereafter as convenient.

  • The Extension Adviser shall be elected for the purpose of approving certain actions of the Special Servicer specified herein in respect of extending the maturity of any Specially Serviced Mortgage Loan beyond the third anniversary of its original maturity date.

  • If a written objection to such extension from the Extension Adviser has not been received by the Special Servicer within said 10-day period, then the Extension Adviser's approval shall be deemed to have been given.

  • The Extension Adviser shall be entitled to rely on the information provided by the Special Servicer without any independent investigation or verification on the part of the Extension Adviser.

  • Notwithstanding anything to the contrary contained herein, the Special Servicer shall not have any right or obligation to consult with or to seek and/or obtain approval or direction from an Extension Adviser, and provisions of this Agreement relating thereto shall be of no effect, in any event during any such period that there is no Extension Adviser.

  • Promptly after the Closing Date (but in no event later than 30 days after the Closing Date), the Trustee shall hold an election to determine the Extension Adviser.

  • Certificateholders representing a majority (by Certificate Balance) of the Certificates of the applicable Class or Classes, present in person or represented by proxy, shall constitute a quorum for the nomination of an Extension Adviser.

  • In such event, the legal expenses and costs of such action, proceeding, hearing or examination and any liability resulting therefrom shall be expenses, costs and liabilities of the Trust Fund, and the Depositor, the Servicer, the Special Servicer and the Extension Adviser shall be entitled to be reimbursed therefor out of amounts attributable to the Mortgage Loans on deposit in the Certificate Account as provided by Section 3.05(a).

  • The voting in each election of the Extension Adviser shall be in writing mailed, delivered or sent by courier and actually received by the Trustee on or prior to the date of such election.

Related to Extension Adviser

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Extension Date has the meaning specified in Section 2.19(b).

  • Extension Amendment has the meaning set forth in Section 2.16(d).

  • Special Termination Advance means an Advance made pursuant to Section 2.02(g).

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Applied Non-Extension Advance has the meaning assigned to such term in Section 2.06(a).

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • ‘Preparation Advance’ means the advance referred to in the Financing Agreement and repayable in accordance with Section 2.07.”

  • Extension Agreement means an Extension Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Company, the Administrative Agent and one or more Extending Lenders, effecting an Extension Permitted Amendment and such other amendments hereto and to the other Loan Documents as are contemplated by Section 15.1.1.

  • Extension Request means any Term Loan Extension Request or a Revolver Extension Request, as the case may be.

  • Letter of Credit Termination Date means the fifth Domestic Business Day prior to the Termination Date.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Extension Fee means the fee payable to the Trustee on each occasion the Manager, upon a Participating Dealer’s request, grants the Participation Dealer an extended settlement in respect of a Creation Application or Redemption Application.

  • Project Preparation Advance means the project preparation advance granted by the Association to the Borrower pursuant to an exchange of letters dated April 28, 1994 and May 21, 1994 between the Borrower and the Association;

  • Extension Offer has the meaning specified in Section 2.15(a).

  • Investment adviser representative means an individual employed by or associated with an investment adviser or federal covered investment adviser and who makes any recommendations or otherwise gives investment advice regarding securities, manages accounts or portfolios of clients, determines which recommendation or advice regarding securities should be given, provides investment advice or holds herself or himself out as providing investment advice, receives compensation to solicit, offer, or negotiate for the sale of or for selling investment advice, or supervises employees who perform any of the foregoing. The term does not include an individual who:

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Independent Advisor means a reputable accounting, appraisal or nationally recognized investment banking, engineering or consulting firm (a) which does not, and whose directors, officers and employees or Affiliates do not, have a direct or indirect material financial interest in the Company and (b) which, in the judgment of the Board of Directors of the Company, is otherwise disinterested, independent and qualified to perform the task for which it is to be engaged.

  • Independent Adviser means an independent financial institution of international repute or an independent financial adviser with appropriate expertise appointed by the Issuer under Condition 5(j)(i).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).