Trust Interest Owner definition

Trust Interest Owner. Individually or collectively, as the context may require, any Certificateholder or the Uncertificated VRR Interest Owner.
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Examples of Trust Interest Owner in a sentence

  • Every Trust Interest Owner, by receiving and holding a Trust Interest, agrees that neither the Certificate Administrator nor the Certificate Registrar shall be held accountable by reason of the disclosure of any such Special Notice to Trust Interest Owners, regardless of the information set forth in such Special Notice.

  • No Person other than a party to this Agreement, a designated third-party beneficiary and any Trust Interest Owner shall have any rights with respect to the enforcement of any of the rights or obligations hereunder.

  • The death or incapacity of any Trust Interest Owner shall not operate to terminate this Agreement or the Trust, nor entitle such Trust Interest Owner’s legal representative or heirs to claim an accounting or to take any action or to commence any proceeding in any court for a petition or winding up of the Trust, or otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

  • The Certificate Administrator shall make any such certificate of insurance available to the requesting Trust Interest Owner on a confidential basis.

  • In the event the Certificate Administrator withholds any amount from interest payments or advances thereof to any Trust Interest Owner pursuant to federal withholding requirements, amounts so withheld shall be treated as having been entirely distributed to such Trust Interest Owner, and the Certificate Administrator shall indicate the amount withheld to such Trust Interest Owner through a report.

  • Every Trust Interest Owner, by receiving and holding a Trust Interest, agrees that the Certificate Registrar and the Certificate Administrator shall not be held accountable by reason of the disclosure of any such information as to the list of the Trust Interest Owners hereunder, regardless of the source from which such information was derived.

  • The Certificate Administrator on the Trustee’s behalf shall be entitled to request, upon receipt of a written request from any Trust Interest Owner, and the Servicer and the Special Servicer shall each deliver or cause to be delivered to the Certificate Administrator on the Trustee’s behalf, a certificate of insurance from the surety and insurer certifying that such insurance is in full force and effect.

  • For the protection and enforcement of the provisions of this Section, each and every Trust Interest Owner and the Trustee shall be entitled to such relief as can be given either at law or in equity.

  • No interest shall accrue or be payable to any Trust Interest Owner on any amount held in trust hereunder or by the Certificate Administrator as a result of such Trust Interest Owner’s failure to surrender its Trust Interest(s) for final payment thereof in accordance with this Section 4.1(h).

  • This Article 13 may be amended by the parties hereto pursuant to Section 10.1 of this Agreement for purposes of complying with Regulation AB, the Act or the Exchange Act and/or to conform to standards developed within the commercial mortgage-backed securities market and the Sxxxxxxx-Xxxxx Act without any Opinions of Counsel, Officer’s Certificates, Rating Agency Confirmations or the consent of any Trust Interest Owner, notwithstanding anything to the contrary contained in this Agreement.

Related to Trust Interest Owner

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Working interest owner means a person or the estate of a person who owns an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense. “Working interest owner” does not include an unleased mineral owner.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Consenting working interest owner means any working interest owner who enters into an agreement with SWN pertaining to the operation of the Posey B Unit.

  • Royalty interest owner means a person or the estate of a person, other than a working interest owner, who owns the right to or interest in any portion of the oil and/or gas, or proceeds from the sale thereof, from a tract.

  • Non-consenting working interest owner means a working interest owner who does not enter into an agreement with Ascent pertaining to the operation of the Pointer N CRC JF Unit. At the time of this order, there are no non-consenting working interest owners identified by Ascent.

  • Pledged Trust Interests means all interests in a Delaware business trust or other trust including, without limitation, all trust interests listed on Schedule 4.4(A) under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such trust interests.

  • Unit owner means the declarant or other person who owns a unit, or a lessee of a unit in a leasehold common interest community whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the common interest community but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person, in a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated pursuant to section 38-33.3-207 until that unit has been conveyed to another person, who may or may not be a declarant under this article.

  • Collateral Interest Holder means the entity so designated in the Loan Agreement.

  • Retained Interest Holder Not applicable.

  • Co-Owner means a Person who owns an Ownership Interest and a Co-Owner of a Series means a Person who owns an Ownership Interest of the Series.

  • Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Upper-Tier Residual Interest The sole class of “residual interests”, within the meaning of Code Section 860G(a)(2), in the Upper-Tier REMIC and evidenced by the Class R Certificates.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • LLC Interest means a membership interest or similar interest in a limited liability company.

  • The Owner means the NATIONAL FERTILIZERS LTD., incorporated in India, having its registered office at SCOPE COMPLEX, Core No-III, 7, Institutional Area, Lodhi Road, New Delhi-110003.

  • Class R-1 Residual Interest The uncertificated undivided beneficial interest in REMIC I which has been designated as the single class of “residual interest” in REMIC I pursuant to Section 2.06.

  • Deposit Holder means _________ (state name and location of Deposit Holder) or, if left blank, the Sellers' Bank, which shall hold and release the Deposit in accordance with this Agreement.

  • Timber owner means any person having all or any part of the legal interest in timber. Where such timber is subject to a contract of sale, "timber owner" shall mean the contract purchaser.

  • the Fund means moneys made available from time to time by the Secretary of State for the benefit of persons eligible for payment in accordance with the provisions of a scheme established by him on 24th April 1992 or, in Scotland, on 10th April 1992;

  • Class A Membership Interest means a Class A Membership Interest in Holdings.