Terminator definition

Terminator. As defined in Section 9.01.

Terminator. As defined in Section 10.01(a) hereof.

Terminator. With respect to the termination of REMIC I-A the Seller (provided that the Seller may at any time sell, assign or otherwise dispose of its right to be Terminator of REMIC I-A). With respect to the termination of REMIC II-A, the Seller (provided that the Seller may at any time sell, assign or otherwise dispose of its right to be Terminator of REMIC II-A).

Examples of Terminator in a sentence

• Upon certification to the Trustee by a Servicing Officer of the making of such final deposit, the Trustee shall promptly release or cause to be released to the Terminator the Mortgage Files for the remaining Mortgage Loans, and the Trustee shall execute all assignments, endorsements and other instruments necessary to effectuate such transfer.

• In the event such notice is given in connection with the purchase of all of the Mortgage Loans and each REO Property remaining in REMIC I by the Terminator, the Terminator shall deliver to the Trustee for deposit in the Distribution Account not later than the last Business Day preceding the final Distribution Date on the Certificates an amount in immediately available funds equal to the above-described purchase price.

• On any Distribution Date following the date at which the remaining aggregate Stated Principal Balance of the Mortgage Loans is less than 10% of the sum of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date and the Original Pre-Funded Amounts, the Terminator may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement.

• In connection with any such purchase pursuant to the preceding paragraph, the Terminator shall deposit in the Distribution Account all amounts then on deposit in the Collection Account, which deposit shall be deemed to have occurred immediately preceding such purchase.

• On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Mortgage Loans as of the Cut-off Date, the Terminator may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement.

More Definitions of Terminator

Terminator. The Person making a Terminating Purchase or causing such Terminating Purchase to be made.

Terminator. As defined in Section 9.1.

Terminator. As defined in Section 9.1. Transfer: Any direct or indirect transfer, sale, pledge or other disposition of, or directly or indirectly transferring, selling or pledging, any Ownership Interest in a Class CE Certificate, a Class P Certificate or a Residual Certificate.

Terminator. As defined in Section 9.01. Transfer: Any direct or indirect transfer, sale, pledge, hypothecation, or other form of assignment of any Ownership Interest in a Certificate. Transferee Affidavit and Agreement: An affidavit and agreement in the form attached hereto as Exhibit J.

Terminator. As defined in Section 7.01(b) hereof.

Terminator. With respect to the termination of REMIC I-A, the majority Holder of the Class A-R Certificates (unless such Holder is the Seller, Citigroup Global Markets Inc. or an Affiliate of either of them) or if such majority Holder fails to exercise such option, the Master Servicer. With respect to the termination of REMIC I-H, the majority Holder of the Class H-R Certificates (unless such Holder is the Seller, Citigroup Global Markets Inc. or an Affiliate of either of them) or if such majority Holder fails to exercise such option, the Master Servicer. With respect to the termination of REMIC W, the majority Holder of the Class W-R Certificates (unless such Holder is the Seller, Citigroup Global Markets Inc. or an Affiliate of either of them) or if such majority Holder fails to exercise such option, the Master Servicer.

Terminator means a resistive load for a coaxial cable designed to absorb the remaining energy at the end of a line eliminating reflection of energy which would appear as "ghosts." It is usually coupled through a blocking capacitor which prevents short circuiting of the cable power system.