Underlying Certificateholder definition

Underlying Certificateholder. The registered owner of the Underlying Certificates.
Sample 1Sample 2Sample 3
Underlying Certificateholder. The registered holder of any Underlying Certificate, which following the execution and delivery of this Agreement by the parties hereto, shall be the Trustee for the benefit of the Certificateholders.
Sample 1Sample 2
Underlying Certificateholder. The Trustee or its Depository Participant for the benefit of the Certificateholders.
Sample 1

Examples of Underlying Certificateholder in a sentence

  • Such assignment includes, without limitation, all amounts payable to and all rights of the Underlying Certificateholder pursuant to the Pooling and Servicing Agreement.

  • If an Underlying Event of Default occurs under the related Pooling and Servicing Agreement, the Trustee, in its capacity as an Underlying Certificateholder, may take such action in connection with the enforcement of any rights and remedies available to it in such capacity with respect thereto and only in accordance with the written directions of Holders of Certificates entitled to at least 51% of the Voting Rights.

  • Underlying Certificateholder: The Trustee or its Depository Participant for the benefit of the Certificateholders.

  • If at any time the Trustee, as an Underlying Certificateholder, is requested in such capacity to take any action or to give any consent, approval or waiver, including without limitation, in connection with an amendment of the related Pooling and Servicing Agreement, the Trustee may take such action in such capacity with respect thereto only in accordance with the written directions of Holders of Certificates entitled to at least 51% of the Voting Rights.

  • In the event that any Certificateholder, the Depositor or the Underlying Certificateholder shall request a copy of any report, document or record to which access shall be provided pursuant to this Section 3.06, the Trustee shall be entitled to receive from such requesting party reimbursement for the reasonable expense of copying such report, document or record.

  • In the event that any Certificateholder, the Depositor or the Underlying Certificateholder shall request a copy of any report, document or record to which access shall be provided pursuant to this Section 3.08, the Trustee shall be entitled to receive from such requesting party reimbursement for the reasonable expense of copying such report, document or record.

  • Such assignment includes, without limitation, all amounts payable to and all rights of the Underlying Certificateholder pursuant to the Underlying Pooling Agreement.

Related to Underlying Certificateholder

  • Remaining Certificateholder Any Holder (or Holders provided they act in unanimity) holding 100% of the Certificates (other than the Class S and Class R Certificates) or an assignment of the voting rights thereof; provided, however, that the Certificate Balances of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class A-S, Class B, Class C and Class D Certificates and the Notional Amounts of the Class X-A, Class X-B and Class X-D Certificates have been reduced to zero.

  • Certifying Certificateholder As defined in Section 5.07(a) of this Agreement.

  • Directing Certificateholder means the “Controlling Class Certificateholder” or other analogous term as defined in the Lead Securitization Servicing Agreement.

  • Applicable Certificateholder Means the Person in whose name an Applicable Certificate is registered on the Register for the Applicable Certificates.

  • Class A Certificateholder means the Person in whose name a Class A Certificate is registered in the Certificate Register.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Certificateholder means the Person in whose name the Certificate is registered.

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Trust Certificateholder means the Person in whose name a Trust Certificate is registered on the Certificate Register.

  • Holder or Certificateholder The registered owner of any Certificate as recorded on the books of the Certificate Registrar except that, solely for the purposes of taking any action or giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, the Trustee, the Master Servicer, any Servicer or any Affiliate thereof shall be deemed not to be outstanding in determining whether the requisite percentage necessary to effect any such consent has been obtained, except that, in determining whether the Trustee shall be protected in relying upon any such consent, only Certificates which a Responsible Officer of the Trustee knows to be so owned shall be disregarded. The Trustee may request and conclusively rely on certifications by the Depositor, the Master Servicer and any Servicer in determining whether any Certificates are registered to an Affiliate of the Depositor, the Master Servicer or such Servicer.

  • Class D Certificateholder means the Person in whose name a Class D Certificate is registered in the Certificate Register.

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.

  • Investor Certificateholder means the holder of record of an Investor Certificate.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Junior Certificateholder The Holder of not less than 95% of the Percentage Interests of the Junior Class of Certificates.

  • Class R Certificateholder The registered Holder of the Class R Certificate.

  • REMIC III Certificateholder The Holder of any REMIC III Certificate.

  • Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Controlling Class Certificateholder Each Holder (or Certificate Owner, if applicable) of a Certificate of the Controlling Class as determined by the Certificate Administrator from time to time.

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Servicing Certificate A certificate completed and executed by a Servicing Officer on behalf of the Master Servicer in accordance with Section 4.01 of the Servicing Agreement.

  • Unaffiliated Certificateholder Any Certificateholder other than the Depositor or an Affiliate of the Depositor.