Majority Certificateholders definition

Majority Certificateholders. The Holders of Certificates evidencing at least 51% of the Voting Rights.
Majority Certificateholders means Certificateholders holding in the aggregate more than 50% of the Percentage Interests.
Majority Certificateholders has the meaning assigned to such term in the Trust Agreement.

Examples of Majority Certificateholders in a sentence

  • Except as expressly provided herein, any written notice of the Certificateholders delivered pursuant to this Agreement shall be effective if signed by the Majority Certificateholders at the time of the delivery of such notice.

  • If no successor Owner Trustee shall have been so appointed and have accepted appointment within ninety (90) days after the giving of such notice of resignation, the resigning Owner Trustee or the Majority Certificateholders may petition any court of competent jurisdiction for the appointment of a successor Owner Trustee satisfying the qualifications of Section 10.1 hereof.


More Definitions of Majority Certificateholders

Majority Certificateholders shall have the meaning assigned to such term in Section 4.5.
Majority Certificateholders. The Holder or Holders of Trust Certificates evidencing Percentage Interests in excess of 51% in the aggregate.
Majority Certificateholders means certificateholders holding in the aggregate more than 50% of the Percentage Interests.
Majority Certificateholders. The Holder or Holders of Class A and Class B Certificates evidencing an Aggregate Class A Certificate Principal Balance and Aggregate Class B Certificate Principal Balance in excess of 50% of the Aggregate Class A Certificate Principal Balance and Aggregate Class B Certificate Principal Balance.
Majority Certificateholders means the Holder or Holders of Class A Certificates evidencing an undivided beneficial ownership interest in the Class A Certificates in excess of 50% in the aggregate.
Majority Certificateholders. As defined in the Sale and Servicing Agreement.
Majority Certificateholders means, as of any day, the Holders of Certificates evidencing not less than 51% of the aggregate Certificate Percentage Interests as of such day.