Successor Sponsor definition

Successor Sponsor means an entity that succeeds the Index Sponsor and continues calculation and publication of the Index, provided such Successor Sponsor is acceptable to Bank of Montreal;
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Successor Sponsor means, in relation to the Underlying, a third party that may be responsible for the calculation and/or the management and/or the issuance of the Underlying in the place of the Index Sponsor.
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Successor Sponsor has the meaning specified in the fourth recital hereto.
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Examples of Successor Sponsor in a sentence

  • If an Index is (i) not calculated and announced by the Sponsor but is calculated and announced by a successor sponsor acceptable to the Issuer (a "Successor Sponsor"), or (ii) replaced by a successor index using, in the determination of the Issuer, the same or a substantially similar formula for, and method of, calculation as used in the calculation of such Index, then in each case such index (the "Successor Index") will be deemed to be the Index.

  • Adjustments to the Index (a) Successor Sponsor Calculates and Reports Index.

  • When the Administrator has received the Successor Sponsor Notice, unless Fxxxxxx Mac consents, the assignment of the Sponsor to its successor will be irrevocable and will take place on the proposed date set forth in the Successor Sponsor Notice.

  • The Administrator shall, promptly after its receipt of a Successor Sponsor Notice, provide notice of the same to the Registered Holders of the Class A Certificates.

  • When the Administrator has received the Successor Sponsor Notice, with the required Xxxxxxx Mac consent, the assignment of the Sponsor to its successor will be irrevocable and will take place on the proposed date set forth in the Successor Sponsor Notice.

  • Section 14.1 Successor Sponsor In the event of the dissolution, merger, consolidation or reorganization of the Sponsor, provisions may be made by which the Plan and Trust will be continued by the successor.

  • When the Administrator has received the Successor Sponsor Notice, unless Xxxxxxx Mac consents, the assignment of the Sponsor to its successor will be irrevocable and will take place on the proposed date set forth in the Successor Sponsor Notice.

  • Cashin Title: Vice President CITIGROUP FUNDING INC., as Successor Sponsor By: /s/ Geoffrey S.

  • If there is a Successor Sponsor or Successor Index in place of the Sponsor or Index, the Issuer may also make such adjustments it deems necessary to account for such successor index and to preserve the original economic objective and rationale of the Securities.

  • If the Index Sponsor is replaced by a Successor Sponsor, the Index so calculated and announced by such Successor Sponsor will continue to be deemed as the single Underlying or the Basket Constituent.


More Definitions of Successor Sponsor

Successor Sponsor has the meaning specified in the second recital hereto.
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Successor Sponsor a transferee, the Controlling Interest in which is owned, beneficially and of record, by Qualified Owners.
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Successor Sponsor has the meaning ascribed to such term in the introductory paragraph.
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Related to Successor Sponsor

  • Successor Master Servicer The meaning ascribed to such term pursuant to Section 8.02.

  • Successor Manager Any Independent Contractor as selected or retained by the Special Servicer, on behalf of the Trustee for the benefit of the Trust and the Companion Loan Holders, to serve as manager of a Foreclosed Property, which designation, as evidenced by written confirmation from each Rating Agency, shall not result in the downgrade, withdrawal or qualification of the ratings assigned to the Certificates by such Rating Agency.

  • Successor Delaware Trustee has the meaning set forth in Section 4.5(e).

  • Successor Servicer has the meaning specified in Section 3.07(e) of the Indenture.

  • Successor means an entity that has replaced a predecessor by acquiring the assets and carrying out the affairs of the predecessor under a new name (often through acquisition or merger). The term "successor" does not include new offices/divisions of the same company or a company that only changes its name. The extent of the responsibility of the successor for the liabilities of the predecessor may vary, depending on State law and specific circumstances.

  • Successor Agency means SUDA and any person or corporate and body appointed by the ULB to perform services and carry out works under this Contract.

  • Successor Securities has the meaning specified in Section 9.5(a).

  • Successor Guarantee Trustee means a successor Guarantee Trustee possessing the qualifications to act as Guarantee Trustee under Section 4.1.

  • Successor Institutional Trustee has the meaning set forth in Section 4.3(a).

  • Successor Security of any particular Security means every Security issued after, and evidencing all or a portion of the same debt as that evidenced by, such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 3.7 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Security.

  • Successor Notice is defined in Section 8.1(b).

  • Successor Rate means a successor to or replacement of the Original Reference Rate which is formally recommended by any Relevant Nominating Body.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • Successor Preferred Guarantee Trustee means a successor Preferred Guarantee Trustee possessing the qualifications to act as Preferred Guarantee Trustee under Section 4.1.

  • Successor Trust means Continental Airlines Pass Through Trust 1997-4B-S.

  • Successor Agent has the meaning set out in Section 15.10.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).

  • Successor Parent with respect to any Person, means any other Person with more than 50% of the total voting power of the Voting Stock which is, at the time the first Person becomes a Subsidiary of such other Person, “beneficially owned” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act) by one or more Persons that “beneficially owned” (as so defined) more than 50% of the total voting power of the Voting Stock of the first Person immediately prior to the first Person becoming a Subsidiary of such other Person.

  • Successor Guarantor shall have the meaning specified in Section 11.02(a).

  • Successor Index means any substitute index approved by the Calculation Agent as a Successor Index pursuant to Section 3 hereof.

  • Successor Capital Securities Guarantee Trustee means a successor Capital Securities Guarantee Trustee possessing the qualifications to act as Capital Securities Guarantee Trustee under Section 4.1.

  • Successor Issuer has the meaning assigned to it in Section 4.1(a).

  • Successor Entity means the Person (or, if so elected by the Holder, the Parent Entity) formed by, resulting from or surviving any Fundamental Transaction or the Person (or, if so elected by the Holder, the Parent Entity) with which such Fundamental Transaction shall have been entered into.

  • Successor Trustee means a successor Trustee possessing the qualifications to act as Trustee under Section 4.01.

  • Successor manufacturer means a manufacturer that acquires, succeeds to, or assumes any part of the business of another manufacturer as the result of any of the following:

  • Successor personal representative means a personal representative, other than a special administrator, who is appointed to succeed a previously appointed personal representative.