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.
In addition, the Trustee promptly will furnish to Certificateholders and the Depositor copies of any notices, statements, reports (other than any servicing reports) or other communications, including any Distribution Date Statements, for each Distribution Date received by the Trustee as the Underlying Certificateholder.
For purposes of this Section 6.05, the Trustee's duties are limited to the extent that the Trustee receives timely reports as Underlying Certificateholder under the relevant Underlying Documents.
Such assignment includes, without limitation, all amounts payable to and all rights of the Underlying Certificateholder pursuant to the Underlying Pooling Agreement.
Underlying Certificateholder: The Trustee or its Depository Participant for the benefit of the Certificateholders.
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.
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 addition, the Trustee promptly will furnish to Certificateholders and the Depositor copies of any notices, statements, reports or other communications (other than the Underlying Remittance Date Statements for each Underlying Remittance Date) received by the Trustee as the Underlying Certificateholder.
In addition, the Trustee promptly will furnish to Certificateholders copies of any notices, statements, reports or other communications including, without limitation, the Distribution Date Statements and the Underlying Re-REMIC Distribution Date Statements for each Distribution Date, received by the Trustee as the Underlying Certificateholder.
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.