Residual Unitholder definition

Residual Unitholder means initially CBA and, thereafter, the person from time to time appearing in the Register for the Series Trust as the holder of the Residual Unit.
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Residual Unitholder means initially the Commonwealth Bank of Australia and, thereafter, the person from time to time appearing in the Register for the Series Trust as the holder of the Residual Unit.
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Residual Unitholder means a holder of Residual Units.
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Examples of Residual Unitholder in a sentence

  • The Trustee may settle with the Servicer the amount of any sums payable by the Servicer to the Trustee or by the Trustee to the Servicer and may give to or accept from the Servicer a discharge in respect of those sums which will be conclusive and binding as between the Trustee and the Servicer, as between the Servicer and the Residual Unitholder and as between the Servicer and the Securityholders.

  • Nothing in this Deed constitutes either the Trustee, the Manager or the Servicer as the agent of the Residual Unitholder nor creates any relationship between the Residual Unitholder on the one hand and the Manager (other than as Manager), the Servicer (other than as Servicer) or the Trustee (other than as Trustee) on the other.

  • The inability of the Trustee or the Manager to comply with any order of priority of payment specified in this Deed due to any law relating to the rights of creditors generally or specifically does not constitute a Trustee Default or a Manager Default and does not entitle any Securityholder or the Residual Unitholder to take any action against the Trustee or the Manager.

  • The form of the Unit Transfer for the Residual Unit may be agreed from time to time between the then Residual Unitholder, the Manager and the Trustee (acting reasonably).

  • The Residual Unitholder must take all steps necessary on its part in order to enable the Trustee to comply with this clause 26.15 and will reimburse the Trustee on demand for all expenses payable in connection with such transfer.

  • On the occurrence of an event referred to in paragraph (c)(i) of the definition of Termination Date, the Trustee must immediately after deducting any amount paid or provided for pursuant to clause 26.12, distribute the Assets of the Series Trust in full in specie to the Residual Unitholder.

  • If following the distribution of the amounts required to be distributed by the Trustee to Securityholders pursuant to clause 26.12 the Trustee holds any excess funds or other Assets of the Series Trust, the Trustee must immediately distribute such funds or Assets to the Residual Unitholder.

  • The Residual Unitholder may, on or prior to the Closing Date, invest amounts by way of an increase in the capital of the Series Trust represented by the Residual Unit by paying such amounts to the Trustee or as the Trustee, upon the written instruction of the Manager, directs.

  • No Residual Unitholder shall carry out selling constituting démarchage (within the meaning of Article L.

  • Distribution due and payable to Residual Unitholder in accordance with the Trust Deed as at 30 June 2001 was $5,783,838 for the reporting period.


More Definitions of Residual Unitholder

Residual Unitholder means Michael A. Grandin, the Chair and Chief Executive Officer of the Trust;
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Residual Unitholder means the Seller.
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Related to Residual Unitholder

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Unit Holder means the owner of one or more Units.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Class R Certificateholder A Holder of a Class R Certificate.

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Unitholders means the holders of Units.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Certificateholder only the Person in whose name a Certificate is registered in the Certificate Register.

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

  • Unit Holders means all Unit Holders.

  • Unit owner means the declarant or other person who owns a unit, or a lessee of a unit in a leasehold common interest community whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the common interest community but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person, in a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated pursuant to section 38-33.3-207 until that unit has been conveyed to another person, who may or may not be a declarant under this article.

  • Residual Certificates As specified in the Preliminary Statement.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Junior Certificateholder The Holder of not less than 95% of the Percentage Interests of the Junior Class of Certificates.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Residual Gain or “Residual Loss” means any item of gain or loss, as the case may be, of the Partnership recognized for federal income tax purposes resulting from a sale, exchange or other disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss is not allocated pursuant to Section 6.2(b)(i)(A) or Section 6.2(b)(ii)(A), respectively, to eliminate Book-Tax Disparities.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.

  • Class R-2 Residual Interest The uncertificated undivided beneficial interest in REMIC II which has been designated as the single class of “residual interest” in REMIC II pursuant to Section 2.11. The Class R-2 Residual Interest, together with the REMIC II Regular Interests, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • Class R-1 Residual Interest The uncertificated undivided beneficial interest in REMIC I which has been designated as the single class of “residual interest” in REMIC I pursuant to Section 2.06.