UTI Holder definition

UTI Holder means initially, VCI and any other registered holder of the UTI Certificate.
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UTI Holder. This term shall have the meaning set forth in Section 4.1(b) of the Trust Agreement.
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UTI Holder means, initially, SPV and any other registered holder of the UTI Certificate.
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Examples of UTI Holder in a sentence

  • The UTI Holder may, upon written notice to the Servicer, terminate all or a portion of the rights and powers of the Servicer with respect to the UTI under this Agreement.

  • The Servicer shall be entitled to reimbursement for the legal expenses and costs of any such action with respect to the UTI Portfolio from the UTI Holder and with respect to SUBI Assets from the holders of the related SUBI Certificates.

  • Upon such a termination, the Servicer shall pay over to the UTI Holder or any other Person entitled thereto all moneys held by the Servicer with respect to the Sold SUBI Portfolios pursuant to the Servicing Agreement and this Sold SUBI Servicing Supplement.

  • The Servicer shall promptly notify VMS (in the event that VMS is not acting as the Servicer hereunder) and the Trustees, on behalf of the Trust, upon its learning that a claim of whatever kind is being made that could have a material adverse effect on the UTI Holder, any Trustee, any SUBI Certificateholder, the Trust or the Trust Assets.

  • Any liability resulting from any such action shall be expenses, costs, and liabilities of the UTI Holder or the holders of the related SUBI Certificates, as the case may be.

  • The Custodian shall act for the UTI Holder with respect to the UTI Portfolio and for the Holders of each SUBI, and any pledgee or assignee thereof, with respect to the related SUBI Portfolio.

  • Any such determination shall be evidenced by an Officer's Certificate of the Servicer furnished to the UTI Holder, the Origination Trustee and the Indenture Trustee setting out the basis for such determination, which determination shall be conclusive and binding absent manifest error.

  • Section 3.1. Termination of Servicer By UTI Holder With Respect to UTI 11 ARTICLE IV MISCELLANEOUS Section 4.1. Termination of Agreement 11 Section 4.2. Amendment 11 Section 4.3. Governing Law 12 Section 4.4. Notices 12 Section 4.5. Severability 12 Section 4.6. Binding Effect 12 Section 4.7. Article and Section Headings 13 Section 4.8. Execution in Counterparts 13 Section 4.9. Rights Cumulative 13 Section 4.10.

  • Unless a Servicer Default has occurred and is continuing, any expense incident to the exercise by the Trustee, the UTI Beneficiary, a UTI Holder or the Registered Pledgee of any right under this Section shall be paid as a Trust Expense of the UTI.

  • The Trustee, the UTI Beneficiary and each UTI Holder and Registered Pledgee agree to keep confidential all confidential information of the Servicer acquired during any such examination as if such information were its own confidential information, except to the extent necessary for the purposes of this Agreement or the enforcement thereof.


More Definitions of UTI Holder

UTI Holder means a Holder of a UTI Certificate.
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UTI Holder shall have the meaning set forth in Section 4.1(b).
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UTI Holder means initially, the Initial Beneficiary and any other registered holder of the UTI Certificate.
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UTI Holder means initially, LP and any other registered holder of the ----------
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Related to UTI Holder

  • Initial Holder has the meaning set forth in the preamble.

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • or "Holder The Person in whose name a Certificate is registered in the Certificate Register, except that a Disqualified Organization or a Non-United States Person shall not be a Holder of a Residual Certificate for any purposes hereof and, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or the Master Servicer or any Affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which it is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent has been obtained, except as otherwise provided in Section 11.01. The Trustee and the NIMS Insurer may conclusively rely upon a certificate of the Depositor or the Master Servicer in determining whether a Certificate is held by an Affiliate thereof. All references herein to "Holders" or "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 and the NIMS Insurer shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Pledge Holder The entity which issued a Letter of Credit.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Ticket Holder means any individual possessing, holding or using a Ticket, including (without limitation) the Ticket Purchaser or any person to whom the Ticket was issued or transferred;

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Holder or Unit Holder means the investor for the time being entered in the Register as owner of a Unit including investors jointly so registered pursuant to the provisions of the Trust Deed.

  • Controlling Holder means, as of any date of determination:

  • Senior Holder means, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full.

  • Electing Holder means any holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof.

  • Note A-9 Holder means the Initial Note A-9 Holder or any subsequent holder of Note A-9, as applicable.

  • Constituent Holder means any stockholder, collective investment fund included within a Qualifying Fund (as defined in paragraph (E) below) or beneficial holder whose stock ownership is counted for the purposes of qualifying as holding the Proxy Access Request Required Shares (as defined in paragraph (E) below) or qualifying as an Eligible Stockholder (as defined in paragraph (E) below);

  • Existing Holder means a Broker-Dealer or any such other Person as may be permitted by the Corporation that is listed as the holder of record of shares of AMPS in the Stock Books.

  • Securityholder or Holder Any Noteholder or a Certificateholder.

  • Octopus Holder means a user of an Octopus who may be an AAVS Account Holder or who has linked his/her Octopus to an AAVS Account in the name of one of his/her family members or friends;

  • Noteholder or Holder The Person in whose name a Note is registered in the Note Register, except that, any Note registered in the name of the Depositor, the Issuer or the Indenture Trustee or any Affiliate of any of them shall be deemed not to be outstanding and the registered holder will not be considered a Noteholder for purposes of giving any request, demand, authorization, direction, notice, consent or waiver under the Indenture or the Trust Agreement; provided, that in determining whether the Indenture Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Notes that the Indenture Trustee or the Owner Trustee knows to be so owned shall be so disregarded. Owners of Notes that have been pledged in good faith may be regarded as Noteholders if the pledgee thereof establishes to the satisfaction of the Indenture Trustee or the Owner Trustee such pledgee's right so to act with respect to such Notes and that such pledgee is not the Issuer, any other obligor on the Notes or any Affiliate of any of the foregoing Persons.

  • Certificateholder or Holder The person in whose name a Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or any affiliate of the Depositor shall be deemed not to be Outstanding and the Percentage Interest evidenced thereby shall not be taken into account in determining whether the requisite amount of Percentage Interests necessary to effect such consent has been obtained; provided, however, that if any such Person (including the Depositor) owns 100% of the Percentage Interests evidenced by a Class of Certificates, such Certificates shall be deemed to be Outstanding for purposes of any provision hereof that requires the consent of the Holders of Certificates of a particular Class as a condition to the taking of any action hereunder. The Trustee is entitled to rely conclusively on a certification of the Depositor or any affiliate of the Depositor in determining which Certificates are registered in the name of an affiliate of the Depositor.

  • Class A Shareholder means a holder of Class A Shares;

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Stockholder means, with respect to any Person, each holder of Stock of such Person.

  • Initial Holders has the meaning set forth in the preamble.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.