Ownership Interest definition

Ownership Interest. As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

Ownership Interest means, as to any Certificate, any ownership or security interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

Ownership Interest. With respect to any Residual Certificate, any ownership or security interest in such Residual Certificate, including any interest in a Residual Certificate as the Holder thereof and any other interest therein whether direct or indirect, legal or beneficial, as owner or as pledgee. Pass-Through Entity: Any regulated investment company, real estate investment trust, common trust fund, partnership, trust or estate, and any organization to which Section 1381 of the Code applies.

Examples of Ownership Interest in a sentence

• Any purported pledge or transfer of Ownership Interest or Percentage Interest not in accordance with this Section 3.6 shall be null and void ab initio.

• The Ownership Interest (as defined below) shall be uncertificated, shall be reflected solely in the Register and shall represent the entire beneficial interest in the Trust Estate (the “Ownership Interest”).

• EAS, in its individual or any other capacities, may become the owner or pledgee of the Ownership Interest or a Percentage Interest therein and may deal with the Administrator with the same rights as they would have if it were not the Trustee.

• The Registrar, subject to Section 3.6 hereof, on behalf of the Trust shall note on the Register the transfer of Ownership Interest.

• No transfer, by operation of law or otherwise, of any right, title, or interest of any Owner to and in the Ownership Interest or any Percentage Interest thereof shall operate to terminate this Agreement or the Trust hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.

More Definitions of Ownership Interest

Ownership Interest. As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee. Pass-Through Rate: As defined in the Series Supplement.

Ownership Interest. Any record or beneficial interest in a Class R Certificate.

Ownership Interest means the possession of equity in the capital, the stock, or the profits of an entity.

Ownership Interest means the ownership of stock with respect to a corporation and, with respect to any other type of entity, the ownership of an interest in either its assets or net profits.

Ownership Interest. As to any Residual Certificate, any ownership interest in such Certificate including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial. Park Granada: Park Granada LLC, a Delaware limited liability company, and its successors and assigns, in its capacity as the seller of the Park Granada Mortgage Loans to the Depositor.

Ownership Interest. As to any Note, any ownership or security interest in such Note, including any interest in such Note as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

Ownership Interest means the ownership of ten percent (10%) or more (including the ownership of 10% or more of the outstanding capital stock) in a business.