Participation A-1 Holder definition

Participation A-1 Holder means the Initial Participation A-1 Holder, or any subsequent holder of the Note, in each case subject to (i) the interests of the Participation A-2 Holder granted hereunder and (ii) the terms of this Agreement.
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Participation A-1 Holder means the Initial Participation A-1 Holder or any subsequent holder of Participation A-1.
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Participation A-1 Holder means the registered owner of the Participation A-1 Interest together with any permitted successors and assigns thereof. The initial Participation A-1 Holder is NRFC Cedar Creek Holdings, LLC, a Delaware limited liability company.
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Examples of Participation A-1 Holder in a sentence

  • Each of the Participation A-1 Holder, the Participation A-2 Holder, the Participation IO A-1 Holder or the Participation IO A-2 Holder, agrees that if at any time it shall receive from any sources whatsoever any payment on account of the Mortgage Loan in excess of its distributable share thereof, it will promptly remit such excess to the Agent.

  • Participation A-1 Holder (and any such Agent) shall not have any fiduciary duty to the Participation A-2 Holder, the Participation IO A-1 Holder or the Participation IO A-2 Holder in connection with the administration of the Mortgage Loan.

  • If any Future Funding Lender fails to make available its Future Funding Obligations Percentage of any Future Funding Advance or such Protective Advance, then the Participation A-1 Holder shall have the rights and remedies provided in this Agreement, including, without limitation, the rights and remedies provided under this Agreement and at law or in equity.

  • In connection therewith, the parties agree to account for each Participation Interest on their respective books and records as an asset sale from Participation A-1 Holder to Participation A-2 Holder.

  • On the date hereof, on the terms and conditions set forth herein, Rodin shall issue Participation A-1 to the Initial Participation A-1 Holder.

  • This Agreement shall not be deemed to represent (a) a pledge of any interest in the Mezzanine Loan by Participation A-1 Holder to the Participation A-2 Holder or (b) a loan from the Participation A-2 Holder to the Participation A-1 Holder.

  • Any such transferee must assume in writing the obligations of the Participation A-1 Holder or Participation A-2 Holder, as the case may be (the “Transferring Holder”) hereunder and agree to be bound by the terms and provisions hereof.

  • The Initial Participation A-1 Holder shall continue to be deemed the owner of Participation A-1.

  • If Participation A-1 Holder has delegated its duties and obligations hereunder in respect of servicing and administering the Mortgage Loan to Midland or another Agent, then such Agent shall receive a fee or other compensation pursuant to its servicing or other agreement with Participation A-1 Holder, which fee or other compensation shall be paid by Mortgage Loan Borrower, except as otherwise provided herein.

  • On the date hereof, on the terms and conditions set forth herein, AIG Annuity hereby confirms the issuance of the Participation A-1 to the Initial Participation A-1 Holder and the Initial Participation A-1 Holder hereby confirms the acquisition of Participation A-1 from AIG Annuity in accordance with the terms and conditions set forth in the Original Participation Agreement as modified herein.


More Definitions of Participation A-1 Holder

Participation A-1 Holder means the registered owner of the Participation A‑1 Interest together with any permitted successors and assigns thereof. The initial Participation A‑1 Holder is Trellis Apartments-T, LLC, a Delaware limited liability company.
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Related to Participation A-1 Holder

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Participation Factor means a percentage to be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§ 315 BGB) on the Strike Date on the basis of the volatility of the Underlying and the market conditions prevailing on such date and will be published in accordance with § 14 hereof. The indication for the Participation Factor based on the market conditions as of 15 November 2017 is 100% (in any case, it will not be below 80%).

  • Participation Amount as defined in Section 3.4(b).

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Swing Line Participation Amount as defined in Section 2.7.

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Participation Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Participation Period has the meaning set forth in Section 4.2 hereof.

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Participation Notice has the meaning set forth in Section 4.2;

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.

  • Participating Bank means any participating banks of the JETCO ATM network, (if applicable) PLUS ATM network and/or (if applicable) China UnionPay ATM network;

  • Purchase Percentage means, with respect to any Purchased Asset, the applicable Maximum Purchase Percentage specified in Schedule 1 (or as otherwise specified in the applicable Confirmation), as adjusted in accordance with Schedule 1 (or as otherwise specified in the applicable Confirmation).

  • Non Pro Rata Loan is defined in Section 9.2 hereof.

  • Optional Purchase Percentage means 5%.

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.