On each Payment Date, the Borrower shall also pay to the Tier 3 Noteholder, accrued and unpaid interest on the principal of the Tier 3 Note for the preceding Fiscal Quarter.
Class A-3 Noteholder means the Person in whose name a Class A-3 Note is registered on the Note Register.
Class A-4 Noteholder means the Person in whose name a Class A-4 Note is registered in the Note Register.
Class A-2a Noteholder means the Person in whose name a Class A-2a Note is registered in the Note Register.
Class A-2b Noteholder means the Person in whose name a Class A-2b Note is registered in the Note Register.
Class A-2 Noteholder means the Person in whose name a Class A-2 Note is registered on the Note Register.
Class C Noteholder means the Person in whose name a Class C Note is registered in the Note Register.
Class A-1 Noteholder means the Person in whose name a Class A-1 Note is registered on the Note Register.
Class A Noteholder means the Person in whose name a Class A Note is registered in the Note Register.
Class B Noteholder means the Person in whose name a Class B Note is registered in the Note Register.
Class D Noteholder means the Person in whose name a Class D Note is registered on the Note Register.
Class E Noteholder means the Person in whose name a Class E Note is registered on the Note Register.
Class C Noteholders means the holders of any Class C Notes from time to time.
Class D Noteholders means the holders of any Class D Notes from time to time.
Class A-2 Noteholders means the Class A-2a Noteholders and the Class A-2b Noteholders.
Initial Noteholder means (i) with respect to Note A-1, the Initial Note A-1 Holder and (ii) with respect to Note A-2, the Initial Note A-2 Holder.
Registered Noteholder means the Person in whose name a Note is registered on the Note Register on the applicable Record Date.
Non-Lead Noteholder means any Noteholder other than the Lead Securitization Noteholder.
Class A-1 Noteholders Interest Carryover Shortfall” means, with respect to any Payment Date, the excess of the Class A-1 Noteholders’ Monthly Accrued Interest for the preceding Payment Date and any outstanding Class A-1 Noteholders’ Interest Carryover Shortfall on such preceding Payment Date, over the amount in respect of interest that is actually paid to Holders of Class A-1 Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to Holders of Class A-1 Notes on the preceding Payment Date, to the extent permitted by law, at the Class A-1 Interest Rate for the related Interest Period.
Class C Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class C Notes at the Class C Interest Rate on the Class C Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class C Noteholders on or prior to such preceding Payment Date.
Controlling Noteholder means as of any date of determination the holder or holders of a majority of the Lead Securitization Note. At any time the Lead Securitization Note is the Controlling Noteholder and is included in the Lead Securitization, references to the “Controlling Noteholder” herein shall mean the holders of the majority of the class of securities issued in the Lead Securitization designated as the “controlling class” (or such lesser amount as permitted under the terms of the Servicing Agreement) or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” hereunder, as and to the extent provided in the Servicing Agreement.
Senior Noteholder means the Holder of any Senior Note.
Class B Noteholders Distribution Amount” means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.
Noteholder means the Person in whose name a Note is registered on the Note Register.
Class D Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class D Notes at the Class D Interest Rate on the Class D Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class D Noteholders on or prior to such preceding Payment Date.
Class A Noteholders means, collectively, the Class A-1 Noteholders, the Class A-2 Noteholders, the Class A-3 Noteholders and the Class A-4 Noteholders.
Non-Controlling Noteholder means each Noteholder other than the Controlling Noteholder; provided that, if at any time a Non-Controlling Note (or, at any time a Non-Lead Securitization Note is included in a Securitization, the Non-Lead Securitization Subordinate Class Representative) is held by the Mortgage Loan Borrower or a Mortgage Loan Borrower Related Party, no Person shall be entitled to exercise the rights of such Non-Controlling Noteholder with respect to such Non-Controlling Note.