Examples of Transferor Certificates in a sentence

The assets of the Trust are allocated in part to the investor certificateholders of all outstanding Series (the “Certificateholders’ Interest”) with the remainder allocated to the Holders of the Transferor Certificates.
To the extent that the Class A Servicing Fee, the Class B Servicing Fee and the Collateral Servicing Fee are not paid in full pursuant to the preceding provisions of this Section 3.01, and Sections 4.05 and 4.07, they shall be paid by the Holders of the Transferor Certificates.
The assets of the Trust are allocated in part to the investor certificateholders of all outstanding Series (the "Certificateholders' Interest") with the remainder allocated to the Holders of the Transferor Certificates.
The Depositor shall not transfer or grant a Security Interest in the Transferor Certificates except in accordance with Section 3.10 of the Trust Agreement.
Remaining Excess Finance Charge Collections distributed to the holders of the Transferor Certificates $ 0.00 5.

More Definitions of Transferor Certificates

Transferor Certificates means the Transferor's uncertificated interest in the Trust as set forth in Section 3.06; provided, however, if the Transferor elects to evidence such interest in certificated form pursuant to Section 3.06, the certificates shall be executed by the Transferor and authenticated by or on behalf of the Owner Trustee, substantially in the form of EXHIBIT A.

Transferor Certificates. The certificates executed and authenticated by the Trustee substantially in the form set forth in Exhibit B hereto.

Transferor Certificates shall have the meaning specified in the Trust Agreement.

Transferor Certificates are the Class C Certificates and Class R-1 Certificates issued pursuant to the Trust Agreement.

Transferor Certificates means, collectively, the Transferor Certificate and any outstanding Supplemental Certificates. "Transferor Percentage" shall have, with respect to each Series, the meaning specified in the related Supplement "Transferor's Interest" shall have the meaning specified in Section 4.1. "Transferred Account" shall mean each account into which an Account shall be transferred provided that (i) such transfer was made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred. "Trust" shall mean the Partners First Credit Card Master Trust created by this Agreement. "Trust Adjusted Invested Amount" shall mean, with respect to any Monthly Period, the aggregate Series Adjusted Invested Amounts as adjusted in any Supplement for all outstanding Series for such Monthly Period. "Trust Assets" shall have the meaning specified in Section 2.1. "Trustee" shall mean The Bank of New York, a New York banking corporation, in its capacity as trustee on behalf of the Trust, or its successor in interest, or any successor trustee appointed as herein provided. "Supplemental Certificate Supplement" shall have the meaning specified in subsection 6.3(b). "UCC" shall mean the Uniform Commercial Code, as amended from time to time, as in effect in any specified jurisdiction. "VISA" shall mean VISA USA, Inc., and its successors in interest.

Transferor Certificates means, collectively, the Base Certificate (including, when the term is used in connection with "Holder" or "Holders," any uncertificated interest of a Transferor or Transferors in the Transferors' Interest) and any outstanding Supplemental Certificates.