VFN Noteholder definition

VFN Noteholder. The Noteholder of a VFN.
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VFN Noteholder means the Noteholder of a VFN.
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Examples of VFN Noteholder in a sentence

  • If any VFN Noteholder does not fund its share of a requested VFN draw, one or more other VFN Noteholders may fund all or a portion of such draw, but no other VFN Noteholder shall have any obligation to do so.

  • The Servicer shall provide written notice to the Indenture Trustee and each VFN Noteholder of any Unmatured Default or Servicer Termination Event, immediately following the receipt by a Responsible Officer of the Servicer of notice, or the obtaining by a Responsible Officer of the Servicer of actual knowledge, of such Unmatured Default or Servicer Termination Event.

  • The Indenture Trustee shall make available on its website to the Issuer or its designee and each applicable VFN Noteholder, notice on such Funding Date as reasonably requested by the Issuer of any increase in the VFN Principal Balance.

  • The Servicer shall provide written notice to the Indenture Trustee and each VFN Noteholder of any Unmatured Default, Servicer Termination Event or Subservicer Termination Event, immediately following the receipt by a Responsible Officer of the Servicer of notice, or the obtaining by a Responsible Officer of the Servicer of actual knowledge, of such Unmatured Default, Servicer Termination Event or Subservicer Termination Event.

  • The Indenture Trustee shall furnish electronically to the Issuer or its designee and each applicable VFN Noteholder, notice on such Funding Date as reasonably requested by the Issuer of any increase in the VFN Principal Balance.

  • The Servicer shall provide written notice to the Indenture Trustee, the Credit Manager and each VFN Noteholder of any Servicer Termination Event, within one (1) Business Day of receipt by the Servicer of notice of such Servicer Termination Event.

  • The Indenture Trustee shall make available on a password-protected portion of its website to the Issuer or its designee and each applicable VFN Noteholder, notice on such Funding Date as reasonably requested by the Issuer of any increase in the VFN Principal Balance.

  • If any VFN Noteholder does not fund its share of a requested VFN Draw, one or more other VFN Noteholders may fund all or a portion of such draw, but no other VFN Noteholder shall have any obligation to do so.

  • The Trustee shall be permitted to rely on a certificate from the related Class A-1A VFN Noteholder regarding the amount of any Class A-1A VFN Increased Costs or Class A-1A VFN Breakage Costs.

  • If such Class A-1A VFN Noteholder is unable to make such assignment within 30 days after its failure to satisfy the Rating Criteria, the Issuer shall make a Draw in the amount of the entire undrawn portion of such Noteholder’s Class A-1A VFN Commitment and shall make a corresponding deposit of the proceeds of such Draw into the Class A-1A VFN Funding Account.

Related to VFN Noteholder

  • Senior Noteholder means any Holder of Senior Notes of any Series.

  • Class E Noteholder means the Person in whose name a Class E Note is registered on the Note Register.

  • Controlling Noteholder means as of any date of determination the holder or holders of a majority of the Lead Securitization Note. At any time the Lead Securitization Note is the Controlling Noteholder and is included in the Lead Securitization, references to the “Controlling Noteholder” herein shall mean the holders of the majority of the class of securities issued in the Lead Securitization designated as the “controlling class” (or such lesser amount as permitted under the terms of the Servicing Agreement) or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” hereunder, as and to the extent provided in the Servicing Agreement.

  • Class D Noteholder means the Person in whose name a Class D Note is registered on the Note Register.

  • Non-Lead Noteholder means any Noteholder other than the Lead Securitization Noteholder.