Optional Redemption Holder definition

Optional Redemption Holder. The Master Servicer.
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Optional Redemption Holder. As defined in Section 8.02 of the Sale and Servicing Agreement.
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Optional Redemption Holder. Either the holder of the majority interest in the Class C Certificates or the Servicer, as applicable, as set forth in Section 8.02 of the Sale and Servicing Agreement.
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Examples of Optional Redemption Holder in a sentence

  • The Notes are subject to redemption in whole, but not in part, at the direction of the Optional Redemption Holder pursuant to Section 7.01(b) of the Sale and Servicing Agreement, on any Payment Date on which such Optional Redemption Holder exercises its option to transfer the Trust Property pursuant to said Section 7.01(b), for a purchase price equal to the Redemption Price.

  • If the Optional Redemption Holder elects to exercise its right it will notify the Issuer, the Servicer, the Indenture Trustee and the Insurer no later than thirty-five (35) days prior to the Payment Date on which the transfer is to take place.

  • Upon termination in accordance with clause (a)(B)(i) of this Section 7.01, the Indenture Trustee, on behalf of the Trust, shall execute such documents and instruments of transfer presented by the Optional Redemption Holder, in each case without recourse, representation or warranty, and take such other actions as the Optional Redemption Holder may reasonably request to effect the transfer of the Mortgage Loans to the Optional Redemption Holder.

  • If the Optional Redemption Holder elects to exercise its right it shall notify the Issuer, the Servicer and the Indenture Trustee no later than thirty-five (35) days prior to the Payment Date on which the redemption is to take place.

  • If the Optional Redemption Holder elects to exercise its right it shall notify the Issuing Entity, the Servicer and the Indenture Trustee no later than thirty-five (35) days prior to the Payment Date on which the redemption is to take place.

  • If the Notes are redeemed by the Optional Redemption Holder without the purchase of the Trust Property, the Notes will remain Outstanding and will be registered to, or to the order of, the Optional Redemption Holder in accordance with the terms of this Indenture.

  • The Notes are subject to redemption or repurchase in whole, but not in part, at the direction of the applicable Optional Redemption Holder pursuant to Section 7.01(b) of the Sale and Servicing Agreement, on any Payment Date on which such Optional Redemption Holder exercises its option to transfer the Trust Property pursuant to said Section 7.01(b) or to repurchase for a purchase price equal to the Redemption Price the Notes without the transfer of the Trust Property.

  • Upon termination in accordance with clause (a)(B)(i) of this Section 7.01, the Indenture Trustee shall execute such documents and instruments of transfer presented by the Optional Redemption Holder, in each case without recourse, representation or warranty, and take such other actions as the Optional Redemption Holder may reasonably request to effect the transfer of the Mortgage Loans to the Optional Redemption Holder.

  • In the case of the redemption of the Notes pursuant to Section 10.1 of the Indenture, the Payment Date specified by the Optional Redemption Holder pursuant to Section 7.01(b) of the Sale and Servicing Agreement.

  • Notice of redemption supplied to the Indenture Trustee by the Optional Redemption Holder under Section 10.1 shall be given by the Indenture Trustee by facsimile or by first-class mail, postage prepaid, transmitted or mailed prior to the applicable Redemption Date to each Holder of Notes of record, as of the close of business on the date which is not less than 5 days prior to the applicable Redemption Date, at such Holder’s address appearing in the Note Register.

Related to Optional Redemption Holder

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Optional Redemption Period shall have the meaning set forth in Section 6(a).

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Optional Redemption Settlement Date means the second Valuation Date after the Optional Redemption Pricing Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Initial Redemption Date means, with respect to any Note or portion thereof to be redeemed pursuant to Section 3.1(b), the date on or after which such Note or portion thereof may be redeemed as determined by or pursuant to the Indenture or a Note Certificate of Supplemental Indenture.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Tax Redemption Date means, when used with respect to any Note to be redeemed pursuant to a Tax Redemption, the date fixed for such Tax Redemption pursuant to this Indenture.

  • Early Redemption Date means the date on which the Notes become due and payable pursuant to Condition 9;

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Redemption Call Purchase Price has the meaning set out in Section 5.2(a).

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.