Fractional Undivided Interests definition

Fractional Undivided Interests. Has the meaning specified in the Intercreditor Agreement.
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Fractional Undivided Interests. Has the meaning specified in the Intercreditor Agreement. American Airlines Aircraft EETC
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Fractional Undivided Interests. Means the fractional undivided interest in the Trust that is evidenced by a Certificate relating to the Trust.
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Examples of Fractional Undivided Interests in a sentence

  • As a condition to using its distribution systems, each distributor will need to engage an auditor on an annual basis to prepare an audit report and demonstrate compliance with sections 4, 5, 6, 7 and 8 of the Regulation.

  • Fractional Undivided Interests: Has the meaning specified in the Intercreditor Agreement.

  • Blackburn Croft said in any event, the Agreement requires the authorities to assess and verify information, not to procure information.

  • The usefulness and potential application of a student’s research or field of study may also be examined.

  • 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.

  • In determining whether the Certificateholders of the requisite Fractional Undivided Interests of Certificates of any series Outstanding have given any Direction under this Agreement, Certificates owned by the Company, any related Owner Trustee, any related Owner Participant or any Affiliate of any such Person shall be disregarded and deemed not to be Outstanding for purposes of any such determination.

  • The aggregate face amount of the Applicable Certificates that shall be initially deemed issued under the Agreement shall be equal to the aggregate principal amount of “Outstanding” pass through certificates representing Fractional Undivided Interests in the Related Trust on the Transfer Date.

  • Except as otherwise provided in any Series Supplement or in Section 6.11, Registered Certificates shall be issued in minimum denominations of $1,000 Fractional Undivided Interests and in integral multiples of $1,000 in excess thereof.

  • Except as otherwise provided in any Series Supplement or in Section 6.11, Bearer Certificates shall be issued in denominations of $5,000, $50,000 and $100,000 and Registered Certificates shall be issued in minimum denominations of $1,000 Fractional Undivided Interests and in integral multiples of $1,000 in excess thereof.

  • The Trustee may be removed at any time as Trustee of any Trust by Direction of the Certificateholders of the related series holding Certificates of such series evidencing Fractional Undivided Interests aggregating not less than a majority in interest in such Trust delivered to the Trustee and to the Company, any related Owner Trustees and the related Loan Trustees.


More Definitions of Fractional Undivided Interests

Fractional Undivided Interests. Has the meaning specified in the Intercreditor Agreement. American Airlines Aircraft EETC Funded Aircraft: Has the meaning specified in the preamble to this Trust Supplement.
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Fractional Undivided Interests. Has the meaning specified in the Intercreditor Agreement. Holder: Means a Certificateholder.
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Related to Fractional Undivided Interests

  • Fractional Undivided Interest Means the fractional undivided interest in the Trust that is evidenced by a Certificate.

  • Undivided Interest means the undivided interest in the Trust evidenced by an Investor Certificate.

  • Class P Fraction Any Class I-P, Class II-P or Class III-P Fraction, as applicable.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Class B Interests As set forth in the Trust Agreement.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Membership Units means membership interests in the Company.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.