Series Ownership Interest definition

Series Ownership Interest means, with respect to any Series, the Ownership Interest to be purchased by the Trust with the sale proceeds of the Notes issued to fund such Series.
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Series Ownership Interest means any Series (as such term is defined in the Pooling and Servicing Agreement);
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Series Ownership Interest has the meaning ascribed to such term in Section 3.2(a).
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Examples of Series Ownership Interest in a sentence

  • In respect of each Series Ownership Interest acquired by the Trust pursuant to the Pooling and Servicing Agreement and the related Series Purchase Agreement, the Trust shall not give any notice or Co- Owner Direction contemplated by the Pooling and Servicing Agreement or the related Series Purchase Agreement, except where it has been directed to do so in writing by the Indenture Trustee, or it is required to do so pursuant to the terms of a Programme Agreement, including any Related Supplement.

  • In respect of each Series Ownership Interest acquired by the Trust pursuant to the Pooling and Servicing Agreement and the related Series Purchase Agreement, the Trust shall not give any notice or Co-Owner Direction contemplated by the Pooling and Servicing Agreement or the related Series Purchase Agreement, except where it has been directed to do so in writing by the Indenture Trustee, or it is required to do so pursuant to the terms of a Programme Agreement, including any Related Supplement.

  • Upon the creation of MPLI Capital Holdings Series 20[_]-[_] pursuant to this Supplement, the Series Ownership Interest shall be owned by the Beneficial Owner.

  • The Depositor transfers and assigns the Series Ownership Interest to Computershare Trust Company of Canada, as trustee (in such capacity, the “Issuer Trustee”) of Golden Credit Card Trust (the “Trust”), a trust established under the laws of the Province of Ontario, pursuant to a Co-Ownership Assignment Agreement, between RBC, the Custodian, the Depositor and the Trust.