Lead Securitization Directing Certificateholder definition
Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.
Lead Securitization Directing Certificateholder means the “Directing Certificateholder” or analogous party as defined in the Lead Securitization Servicing Agreement. “Lead Securitization Note” shall mean the Note(s) included in the Lead Securitization.
Examples of Lead Securitization Directing Certificateholder in a sentence
For so long as the Controlling Note is included in the Lead Securitization, the Lead Securitization Directing Certificateholder (or any other party designated under the Lead Securitization Servicing Agreement to exercise the rights of the Controlling Note Holder hereunder) shall be the Controlling Note Holder Representative.
From and after the Note A-2 Securitization Date, so long as no Consultation Termination Event (including any such deemed event) is in effect pursuant to the terms of the Lead Securitization Servicing Agreement, the Controlling Note Holder Representative shall be the Lead Securitization Directing Certificateholder.