Residual Holder definition

Residual Holder means Triad Financial Residual Special Purpose LLC, a Delaware limited liability company.

Residual Holder. The holder of the Ownership Certificate.

Residual Holder. The meaning ascribed to the term “Certificateholder” in the Trust Agreement.

Examples of Residual Holder in a sentence

• If the Residual Holder fails to exercise such option on the Initial Purchase Date, the Note Interest Rate for each Class of Notes will be increased as set forth in the table in the Preliminary Statement herein beginning on the Step-up Date and for each Payment Date thereafter.

• Notwithstanding the foregoing, (i) the Owner Trustee shall be an express third party beneficiary of this Agreement and (ii) the Residual Holder shall be an express third party beneficiary with respect to Section 9.02.

• The Owner Trustee will not elect or cause the Issuer to elect, and no Residual Holder will elect or permit an election to be made, to treat the Issuer as an association taxable as a corporation for U.S. federal income tax purposes under Treasury Regulation §301.7701-3.

• In connection with such purchase, the Residual Holder shall direct the Servicer to remit to the Master Servicer all amounts then on deposit in the Custodial Account (other than amounts permitted to be withdrawn by it pursuant to Section 4.02(e)) for deposit to the Collection Account.

• The Residual Holder shall deliver written notice of its intention to exercise such option to the Issuer, the Securities Administrator, the Indenture Trustee and the Master Servicer not less than 30 days prior to the applicable Payment Date.

More Definitions of Residual Holder

Residual Holder means a holder of either Common Stock or a Company Option immediately prior to the Effective Time.

Residual Holder shall have the meaning ascribed to the term "Certificateholder" in the Trust Agreement.

Residual Holder means the holder of a Residual Certificate.

Residual Holder means the Person in whose name the Residual Certificate is registered or any Person which is the successor to such Person as a result of a foreclosure or other similar action with respect to the Residual Certificate.

Residual Holder. The holder of the Ownership Certificate. Transfer and Servicing Agreement

Residual Holder means the holder of the Trust Certificate issued pursuant to the Trust Agreement.

Residual Holder. The holder of the Ownership Certificate. Responsible Officer: Any vice president, any assistant vice president, any assistant secretary, any associate, any assistant treasurer, or any other officer of the Indenture Trustee or the Securities Administrator, as applicable, customarily performing functions similar to those performed by any of the above-designated officers and, in each case, having direct responsibility for the administration of the Operative Agreements and also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer’s knowledge of and familiarity with the particular subject.