SENIOR CERTIFICATE HOLDERS definition

SENIOR CERTIFICATE HOLDERS means the holders of the Senior Trust Certificates.
SENIOR CERTIFICATE HOLDERS means the holders of the Senior Trust Certificates. "SENIOR TRUST CERTIFICATE DOCUMENTS" shall mean, collectively, the Senior Trust Certificates, the Trust Deed, the Trust Administration Agreement (as defined in the Trust Deed), the Purchase Agreement (as defined in the Trust Deed), the Financial Guaranty Insurance Policies, the Insurance and Reimbursement Agreements (as defined in the Trust Deed), the Indemnification Agreement (as defined in the Trust Deed), the Depositary Agreement, the Notice and Consents and other related documents. "SENIOR TRUST CERTIFICATES" shall mean the senior trust certificates representing senior beneficial interests in the Trust that are issued from time to time pursuant to the Trust Deed. "SERIES" shall have the meaning assigned to such term in Annex A of the Trust Deed. "SERVICER" shall mean PIFCo in such capacity under the Servicing Agreement. "SERVICING AGREEMENT" shall mean the agreement dated as of December 21, 2001 among PIFCo, the Trustee, Petrobras and Petrobras Finance pursuant to which PIFCo, as Servicer, will agree, among other things, to service, manage, administer and collect the Receivables for the benefit of the Trustee and Petrobras Finance. "SPECIFIED BUYERS" shall have the meaning assigned to such term in the Master Export Contract. "TAX" or "TAXES" shall have the meaning set forth in Section 2.03. "TERMINATION EVENT" shall have the meaning set forth in Annex A of the Trust Deed. "TERMINATION PAYMENT" shall mean a payment equal to (a) the aggregate value of Prepaid Oil Products under this Agreement which have not theretofore been delivered to Petrobras Finance (i) set forth in Column (C) of Exhibit A for all Quarterly Delivery Periods and (ii) set forth in Columns (D-1) through (D-3) of Exhibit A through the last day of the Quarterly Delivery Period in which such Termination Payment is made, and (b) any indemnity or other amounts then due and payable by Petrobras to Petrobras Finance under the Master Export Prepayment Agreement <PAGE> 9 Contract and this Agreement and (without duplication) by Petrobras to the Trustee in respect of the Performance Guaranty of the obligations of PIFCo and Petrobras Finance; provided, that such payment in the aggregate shall not exceed the RPA Termination Price to be paid by Petrobras Finance in the event that the Receivables Purchase Agreement becomes subject to termination. "TRANSACTION DOCUMENTS" shall mean, collectively, the Commercial Contracts and the Senior Trust Certific...