Required Certificate Holders definition

Required Certificate Holders means, at any time, Certificate Holders having Commitments representing at least 66-2/3% of the aggregate Certificate Holder Commitments or, for purposes of acceleration pursuant to Section 16.2 of the Master Lease or in the event that the Certificate Holder Commitments have been terminated, Certificate Holders representing at least 66-2/3% of the aggregate Certificate Holder Amount outstanding; provided however that if any Certificate Holder shall be a Defaulting Participant at such time, then there shall be excluded from the definition of "Required Certificate Holders" such Defaulting Participant's Commitments, or after termination of the Commitments, the amount of the Certificate Holder Amount owing to such Defaulting Participant.
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Required Certificate Holders means at any time, Certificate Holders holding Certificates representing more than 66-2/3% or more of the Equity Balance at such time.
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Required Certificate Holders means, at any time, Certificate Holders ---------------------------- who hold in the aggregate Certificates that represent 51% or more of the Certificate Holder Contributions.
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Examples of Required Certificate Holders in a sentence

  • The Agent Certificate Holder shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Certificate Holders.

  • The Agent Certificate Holder may resign at any time upon at least thirty (30) days prior notice to Lessee and the Participants, and may be removed for cause at any time by vote of the Required Certificate Holders and notice to the retiring Agent Certificate Holder, the Administrative Agent and the Lessee.

  • Subject to the provisions of Section 4.3, the Trustee shall take or refrain from taking such action, not inconsistent with the provisions of the Operative Agreements, with respect thereto as the Required Certificate Holders shall direct by written instructions to the Trustee.

  • If such notice is given, the Yield Rate as of the first day of such Interest Period shall be based on the ABR until such notice has been withdrawn by the Required Certificate Holders.

  • The Issuer, the Hanover Guarantors and the Trustee may amend this Indenture or the Securities without notice to any Securityholder but with the written consent of the Required Holders (including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, Securities); provided, however, that Sections 7.13 and 8.4 shall not be amended without the consent of the Required Certificate Holders.

  • Indeed, one challenge in the freight sector is the substantial expected global growth in demand for the next three decades.

  • Subject to the provisions of ------------------------ Section 4.3, upon the written instructions of the Required Certificate Holders, or the Lessee given in accordance with Section 11.1 of the Participation Agreement, the Trustee will take or refrain from taking such action or actions, not inconsistent with the provisions of the Operative Agreements, as may be specified in such instructions.

  • Subject to the provisions of Section ------------------------ 4.3, upon the written instructions of the Required Certificate Holders, or the Lessee given in accordance with Section 11.1 of the Participation Agreement, the Trustee will take or refrain from taking such action or actions, not inconsistent with the provisions of the Operative Agreements, as may be specified in such instructions.

  • The Agent Certificate Holder may resign at any time upon at least thirty (30) days prior notice to Lessee Agent and the Participants, and may be removed for cause at any time by vote of the Required Certificate Holders and notice to the retiring Agent Certificate Holder, the Administrative Agent and the Lessee Agent.


More Definitions of Required Certificate Holders

Required Certificate Holders or modify or waive any provision of any Operative Document requiring action by each Certificate Holder;
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Required Certificate Holders such Defaulting Participant's Commitments, or after termination of the Commitments, the amount of the Certificate Holder Amount owing to such Defaulting Participant.
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Required Certificate Holders means, as of the date of the determination, Certificate Holders having unpaid Certificate Amounts equal to more than 66 2/3% of the aggregate unpaid Certificate Amounts.
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Required Certificate Holders means, at any time, Certificate Holders holding more than 66.7% of the aggregate outstanding Certificate Amounts.
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Related to Required Certificate Holders

  • Certificate holder means a person who has been issued a certificate of compliance or other package approval by the U.S. nuclear regulatory commission.

  • Insured Certificates The Class A-1 Certificates.

  • Related Certificate Group As to any Combinable Class or RCR Class, a Certificate Group that includes such Class.

  • Class A Certificate Group The Group I Class A Certificates or the Group II Class A Certificates, as applicable.

  • Certificate Group Each of the Group 1 Certificates and the Group 2 Certificates.

  • Offered Certificates As specified in the Preliminary Statement.

  • Certificate No 6-A-1-[_] Cut-off Date: October 1, 2004 First Distribution Date: November 25, 2004 Last Scheduled Distribution Date: October 25, 2034 Pass-Through Rate: 5.50% Initial Certificate Principal Balance of this Certificate $[ ] ("Denomination"): Initial Certificate Principal Balances of all Certificates of this Class: $15,000,000 CUSIP: 576434 XA 7 ISIN: US576434XA71 MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC. MASTR ALTERNATIVE LOAN TRUST 2004-11 Mortgage Pass-Through Certificates, Series 2004-11 Class 6-A-1 evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of conventional mortgage loans (the "Mortgage Loans") secured by first liens on one- to four-family residential properties Mortgage Asset Securitization Transactions, Inc., as Depositor Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance at any time may be less than the Certificate Principal Balance as set forth herein. This Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicer, the Trust Administrator, the Trustee or the Custodians referred to below or any of their respective affiliates. Neither this Certificate nor the Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality. This certifies that [_______] is the registered owner of the Percentage Interest evidenced by this Certificate in certain monthly distributions with respect to a Trust Fund consisting primarily of the Mortgage Loans deposited by Mortgage Asset Securitization Transactions, Inc. (the "Depositor"). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as of the Cut-off Date specified above (the "Agreement") among the Depositor, UBS Real Estate Securities Inc., as transferor (the "Transferor"), Wells Fargo Bank, National Association, as master servicer (in such capxxxxx, the "Servicer"), trust administrator (in such capacity, the "Trust Administrator") and a custodian, U.S. Bank National Association, as a custodian and as trustee (the "Trustee"). Distributions on this Certificate will be made primarily from collections on the applicable Mortgage Loans pursuant to the terms of the Agreement. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trust Administrator.

  • Subordinated Certificates As specified in the Preliminary Statement.

  • Subordinate Certificate Writedown Amount As to any Distribution Date, the amount by which (i) the sum of the Class Principal Amounts of all the Certificates (after giving effect to the distribution of principal and the application of Realized Losses in reduction of the Certificate Principal Amounts of the Certificates on such Distribution Date) exceeds (ii) the aggregate Scheduled Principal Balance of the Mortgage Loans for such Distribution Date.

  • Related Certificates For each interest in the Upper Tier REMIC, the Class of Certificates listed on the same row in the table entitled "Upper Tier REMIC" in the Preliminary Statement.

  • Class N Certificate means any of the Certificates with a "Class N" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Certificate Insurer As defined in the Series Supplement.

  • Non-Reduced Certificates As of any date of determination, any Class of Principal Balance Certificates then outstanding for which (a)(1) the initial Certificate Balance of such Class of Certificates minus (2) the sum (without duplication) of (x) the aggregate payments of principal (whether as principal prepayments or otherwise) previously distributed to the Holders of such Class of Certificates as of such date of determination, (y) any Appraisal Reduction Amounts allocated to such Class of Certificates as of such date of determination and (z) any applicable Realized Losses previously allocated to such Class of Certificates as of such date of determination, is equal to or greater than (b) 25% of the remainder of (i) the initial Certificate Balance of such Class of Certificates less (ii) any payments of principal (whether as principal prepayments or otherwise) previously distributed to the Holders of that Class of Certificates as of such date of determination.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Certificate Principal means principal payable in respect of the Investor Certificates of any Series pursuant to Article IV of this Agreement.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class A Certificateholder The registered holder of a Class A Certificate.

  • Class D Certificateholder Has the meaning specified in Section 4.01(b)(iv) of this Trust Supplement.

  • Unaffiliated Certificateholder Any Certificateholder other than the Depositor or an Affiliate of the Depositor.

  • Applicable Certificateholder Means the Person in whose name an Applicable Certificate is registered on the Register for the Applicable Certificates.

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.