Strip Holder definition

Strip Holder. The related entity set forth on the Broker Strip Schedule for each Mortgage Loan listed thereon, or any heir, successor or assign; provided, however, that if the agreement which entitles the Strip Holder to receive the applicable Broker Strip is terminated in either case, the applicable Strip Holder shall thereafter be the party designated as such in writing by Xxxxxxx Xxxxx Mortgage Company to the Master Servicer.
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Strip Holder. Xxxx X. Xxxxx or any heir, successor or assign with respect to the Broker Strip Amounts.
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Strip Holder. The entity indicated as the "Strip Holder" pursuant to the definition of "Broker Strip" or any heir, successor or assign with respect to the Broker Strip Amount.
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Examples of Strip Holder in a sentence

  • Distributions in respect of the Excess Servicing Strip shall be made by the Trustee by wire transfer in immediately available funds to an account designated by the Excess Servicing Strip Holder.

  • On each Distribution Date, the Excess Servicing Strip Holder will be entitled to receive distributions in respect of the Excess Servicing Strip as a portion of its servicing compensation, equal to the amount of Accrued Certificate Interest thereon for such Distribution Date.


More Definitions of Strip Holder

Strip Holder. Xxxxxxxx Xxxxx or any heir, successor or assign with respect to the Broker Strip Amounts for loan number 09-0001336, and Xxxxx & Xxxxx or any heir, successor or assign with respect to the Broker Strip Amounts for loan number 09-0001362; provided, however, that if the agreement which entitles the Strip Holder to receive the applicable Broker Strip is terminated in either case, the applicable Strip Holder shall thereafter be the party designated as such in writing by Xxxxxxx Sachs Mortgage Company to the Master Servicer.
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Strip Holder. Xxxxx & Xxxxx Corporation or any heir, successor or assign with respect to the Broker Strip Amounts for loan number 09-0001385, Holiday Xxxxxxxx Xxxxxx X.X. or any heir, successor or assign with respect to the Broker Strip Amounts for loan number 09-0001412; X.X. Xxxxxxxx Mortgage Corporation. or any heir, successor or assign with respect to the Broker Strip Amounts for loan numbers 09-0001334 and 09-0001374, and Triad Mortgage & Realty Funding Corp. or any heir, successor or assign with respect to the Broker Strip Amounts for loan numbers 09-0001387, 09-0001389 and 09-00001390; provided, however, that if the agreement which entitles the Strip Holder to receive the applicable Broker Strip is terminated in any case, the applicable Strip Holder shall thereafter be the party designated as such in writing by Xxxxxxx Xxxxx Mortgage Company to the Master Servicer.
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Related to Strip Holder

  • Initial Holder has the meaning set forth in the preamble.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • Non-U.S. Holder means a Holder that is not treated as a United States person for U.S. federal income tax purposes as defined under Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended from time to time.

  • Holder means a Person in whose name a Security is registered in the Security Register.

  • or "Holder The Person in whose name a Certificate is registered in the Certificate Register, except that a Disqualified Organization or a Non-United States Person shall not be a Holder of a Residual Certificate for any purposes hereof and, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or the Master Servicer or any Affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which it is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent has been obtained, except as otherwise provided in Section 11.01. The Trustee and the NIMS Insurer may conclusively rely upon a certificate of the Depositor or the Master Servicer in determining whether a Certificate is held by an Affiliate thereof. All references herein to "Holders" or "Certificateholders" shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee and the NIMS Insurer shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Designated Holder means the Holder of Note A-1.

  • Existing Holder means a Broker-Dealer, or any such other Person that may be permitted by the Trust, that is listed as the holder of record of APS in the Share Books.

  • Equity Holder means any Person that owns the Equity Interests in any Practice that is a party to any Management Agreement.

  • Participating Holder means any Holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 2(b) hereof.

  • right holder means a person or a legal entity that was previously granted or lawfully acquired a fishing right or which will be granted a right in the allocation process envisaged in this Policy.

  • Selling Holder means a Holder who is selling Registrable Securities pursuant to a registration statement.

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • Electing Holder means any holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof.

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

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

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

  • Deceased Holder Not applicable.

  • Note A-6 Holder means the Initial Note A-6 Holder or any subsequent holder of Note A-6, as applicable.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.