Examples of Trust Certificateholder in a sentence
Every Trust Certificateholder, by receiving and holding a Trust Certificate, agrees that the Certificate Registrar shall not be held accountable by reason of the disclosure of any such information as to the list of the Trust Certificateholders hereunder, regardless of the source from which information was derived.
In the event the Paying Agent or its agent withholds any amount from interest or original issue discount payments or advances thereof to any Trust Certificateholder or Uncertificated Interest Owners pursuant to federal withholding requirements, the Paying Agent shall indicate the amount withheld to such Trust Certificateholder or such Uncertificated Interest Owner.
The death or incapacity of any Trust Certificateholder or any Uncertificated Interest Owner shall not operate to terminate this Agreement or the Trust Fund, nor entitle such Trust Certificateholder’s or Uncertificated Interest Owner’s legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Trust Fund, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.
For the protection and enforcement of the provisions of this Section, each and every Trust Certificateholder and the Trustee shall be entitled to such relief as can be given either at law or in equity.
Any amount so withheld shall be treated as having been distributed to such Trust Certificateholder or such Uncertificated Interest Owner for all purposes of this Agreement.
Except as provided in (i) Section 3.01(j)(iv) of this Agreement and (ii) the next sentence, no Persons other than a party to this Agreement, any Companion Loan Holder (unless it is the Mortgagor under the applicable Companion Loan or an Affiliate thereof), the Uncertificated Interest Owners and any Trust Certificateholder, shall have any rights with respect to the enforcement of any of the rights or obligations hereunder.
Copies of such statement will be provided to any Trust Certificateholder, upon the written request thereof, by the Certificate Administrator.
Any such election by the Master Servicer, the Special Servicer or the Certificate Administrator shall not be construed to impose any duty on any other such party to make such an election (or any entitlement in favor of any Trust Certificateholder, any Uncertificated Interest Owner or any other Person to such an election).