Participation Certificates definition

Participation Certificates means tradable instruments with no par value, which are not representative of the stock capital, as defined in article 46 of Brazilian Corporate Law.

Participation Certificates has the meaning set forth in Section 7(a)(i).

Participation Certificates means the non-par negotiable instruments that are not included in the capital stock, as defined in article 46 of the Corporation Law.

Examples of Participation Certificates in a sentence

• Pass through Certificate (PTC)(Pay through or other Participation Certificates) represents beneficial interest in an underlying pool of cash flows.

• Pass through Certificate (PTC) (Pay through or other Participation Certificates) represents beneficial interest in an underlying pool of cash flows.

• Pass through Certificate (PTC): (Pay through or other Participation Certificates) represents beneficial interest in an underlying pool of cash flows.

• Pass through Certificate (PTC)Pay through or other Participation Certificates represents beneficial interest in an underlying pool of cash flows.

• A customer electing Green Generation Program Payment Option 1, who elect to participate at the equal to or greater than 1,200,000 kWh per month level, or Payment Option4 are subject to advance Company approval based on the availability of Green Generation Program Participation Certificates.

More Definitions of Participation Certificates

Participation Certificates shall have the meaning assigned thereto in Section 9.14.

Participation Certificates shall have the meaning assigned thereto in Section 8.15.

Participation Certificates shall have the meaning set forth in Section 5.3.

Participation Certificates has the meaning set forth in Section 3.01(a).

Participation Certificates as defined in Section 2.03(a) hereof. --------------------------

Participation Certificates means, individually or collectively as applicable, the original participation certificates issued and delivered in connection with the related Participation Agreement.

Participation Certificates means participation certificates which evidence the Trust's ownership of an undivided fractional beneficial ownership interest in a construction and/or permanent mortgage loan.