Participation Custodian definition

Participation Custodian. With respect to any Non-Custody Collateral Interest, the document custodian or similar party under the related Participation Custodial Agreement.
Participation Custodian means the custodian holding the Underlying Mortgage Loan and all documents related thereto for the holders of the related Participation Certificate.
Participation Custodian. With respect to each Participated Loan that is a Non-CLO Custody Collateral Interest, the document custodian or similar party under the related Participation Custodial Agreement.

Examples of Participation Custodian in a sentence

  • With respect to each Non-CLO Custody Collateral Interest, the custodial agreement entered into in accordance with the related Participation Agreement and pursuant to which such Participation Custodian holds the loan file with respect to a Participated Loan related to such Non-CLO Custody Collateral Interest.


More Definitions of Participation Custodian

Participation Custodian. With respect to any Participated Mortgage Loan, the document custodian or similar party under the related Participation Custodial Agreement.
Participation Custodian. With respect to each Participated Loan that is Non- CLO Custody Collateral Interest, the document custodian or similar party under the related Participation Custodial Agreement. “Patewood Mezzanine Loan”: As defined in Section 4(f). “Repurchase Price”: The sum of the following (in each case, without duplication) as of the date of such repurchase: (i) the then-Stated Principal Balance of such Collateral Interest, plus (ii) accrued and unpaid interest on such Collateral Interest, plus (iii) any unreimbursed advances made under the Indenture or the Servicing Agreement, plus (iv) accrued and unpaid interest on advances made under the Indenture or the Servicing Agreement on the Collateral Interest, plus (v) any reasonable costs and expenses (including, but not limited to, the cost of any enforcement action incurred by the Issuer or the Trustee in connection with any such repurchase). “Retained Interest”: Any origination fees paid on the Collateral Interests and any interest in respect of any Collateral Interest that accrued prior to the Closing Date and has not been paid to Seller. 00000000.

Related to Participation Custodian

  • 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:

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

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

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

  • 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.

  • Swing Line Participation Amount as defined in Section 2.7.

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

  • Direct Participation means the total value of payments made to MBE or WBE firms for work that is completed in their Area of Specialty directly related to the performance of the subject matter of the contract.

  • Swing Line Loan Participation Certificate a certificate in substantially the form of Exhibit I.

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

  • 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.

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

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

  • Material Participation means involvement in the development and operation of the project on a basis which is regular, continuous, and substantial as defined in Code Section 42 and 469(h) of the regulations promulgated hereunder.

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

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

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

  • Participating Financial Institution means a Financial Institution that has been approved by the Authority to enroll Qualified Loans in the Program and has agreed to all terms and conditions set forth in the Law and this Article and as may be required by any applicable federal law providing matching funding.

  • Swing Line Bank has the meaning specified in the recital of parties to this Agreement.

  • Participation Facility means any facility in which the applicable party (or a Subsidiary of it) participates in the management (including all property held as trustee or in any other fiduciary capacity) and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

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

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

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

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.