Income Unit Holder definition

Income Unit Holder means a Unit Holder of an Income Unit.
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Examples of Income Unit Holder in a sentence

  • The cashflows associated with the Trust are such that it is expected that the Trust will have minimal, if any, taxable income for taxation purposes and that any such income will be taxed in the hands of the Residual Income Unit Holder rather than in the hands of the Trustee.

  • CNH Capital is the Residual Income Unit Holder and the Residual Capital Unit Holder of the Trust.

  • Also, if there is a need to maintain the forward and backward secrecy, which means in practice that the group must be re-keyed very often, the centralized approach might be suitable since re-keying and other management is simpler in this approach.

  • Specifically, the Residuary Capital Unit will be held by an entity which is not related to any consolidatable group of which the Residuary Income Unit Holder may be a member.

  • By this Deed, MGL declares that it will hold the rights, title and interest in the Assets - Seller Group upon trust absolutely for the Capital Unit Holder and the income of the Trust for the Income Unit Holder on the terms described in this Deed.

  • The terms of the Trust are set out in a Series Notice dated 11 September 2009 between the Trustee, the Back-up Servicer, CNH Capital (as Manager, Custodian and Servicer) and the Security Trustee (the “Series Notice”).CNH Capital is the Residual Income Unit Holder of the Trust.

  • The terms of the Trust are set out in a Series Notice dated 14 April 2010 between the Trustee, the Back-up Servicer, CNH Capital (as Manager, Custodian and Servicer) and the Security Trustee (the “Series Notice”).CNH Capital is the Residual Income Unit Holder of the Trust.Section 5 outlines the acquisition of these Receivables in more detail.The Trustee is issuing the Notes and the Seller Notes to fund the acquisition of Eligible Receivables from Approved Sellers.

Related to Income Unit Holder

  • Unit Holder means a person holding units in the scheme of the Mutual Fund.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Rollover Unit holder shall be defined as set forth in Section 5.05, herein."

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Unit Holders means all Unit Holders.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Moderate-income unit means a restricted unit that is affordable to a moderate-income household.

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Class B Units means the Class B Units of the Company.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • LTIP Unit means a Limited Partnership Interest which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.4 hereof and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth on Exhibit A, as may be amended from time to time.

  • Partnership Unit Economic Balance means (i) the Capital Account balance of the General Partner plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in each case to the extent attributable to the General Partner’s Partnership Units divided by (ii) the number of the General Partner’s Partnership Units.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • 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.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.