Fractional Undivided Interests definition

Fractional Undivided Interests. Has the meaning specified in the Intercreditor Agreement.
Fractional Undivided Interests. Means the fractional undivided interest in the Trust that is evidenced by a Certificate relating to the Trust.
Fractional Undivided Interests. Has the meaning specified in the Intercreditor Agreement. Funded Aircraft: Has the meaning specified in the preamble to this Trust Supplement.

Examples of Fractional Undivided Interests in a sentence

  • The Agreement permits, with certain exceptions therein provided, the amendment thereof, and the modification of the rights and obligations of the Company and the rights of the Certificateholders under the Agreement, at any time by the Company and the Trustee with the consent of the Certificateholders holding Certificates evidencing Fractional Undivided Interests aggregating not less than a majority in interest in the Trust.

  • The Certificates represent Fractional Undivided Interests in the Trust and the Trust Property, and will have no rights, benefits or interest in respect of any other separate trust established pursuant to the terms of the Basic Agreement for any other series of certificates issued pursuant thereto.


More Definitions of Fractional Undivided Interests

Fractional Undivided Interests. Has the meaning specified in the Intercreditor Agreement. Funding Date: Has the meaning specified in the NPA.
Fractional Undivided Interests. Has the meaning specified in the Intercreditor Agreement. Holder: Means a Certificateholder.