Residual Ownership Interest definition

Residual Ownership Interest. Any record or beneficial interest in the Class R Certificates.
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Residual Ownership Interest. Collectively, the beneficial ownership interests in the Issuer established under the Trust Agreement that are entitled to receive all amounts to be paid to the Issuer or its designee pursuant to Section 3.05(a)(xi) of the Indenture, over the term thereof.
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Residual Ownership Interest. Collectively, the beneficial owner --------------------------- ship interests in the Issuer established under the Trust Agreement that are entitled to receive all amounts to be paid to the Issuer or its designee pursuant to Section 3.05(a)(xi) of the Indenture, over the term thereof.
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Examples of Residual Ownership Interest in a sentence

  • A Holder of any Residual Ownership Interest in any Trust REMIC agrees, by acquiring such interest, to any such elections.

  • This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, Certificateholders, holders of the Residual Ownership Interest and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇.

  • A Holder of any Residual Ownership Interest in any REMIC agrees, by acquiring such interest, to any such elections and to the Certificate Administrator’s acting as agent for any tax matters person or other representative of a REMIC that can be designated under the Code.

  • A Holder of any Residual Ownership Interest in any Trust REMIC agrees, by acquiring such interest, to any such elections and to the Certificate Administrator’s acting as agent for any tax matters person or other representative of a Trust REMIC that can be designated under the Code.

  • At the Closing and subject to and upon the terms and conditions of this Agreement, in full payment for the Residual Ownership Interest, the Purchaser shall issue and deliver to the Seller an aggregate of 16,000,000 shares of Common Stock (the “Exchange Shares”).

  • The Residual Ownership Interest is validly issued, fully paid, and non-assessable and not issued in violation of the preemptive or other rights of any person.

  • Lessee has an undivided residual junior subordinated ownership interest in the Equipment described on Exhibit A hereto (the "Residual Ownership Interest") represented by a Residual Ownership Certificate substantially in the form of Exhibit A-2 hereto, which has been pledged and assigned to the Lessor as security for the Lessee's payment obligations under this Agreement.

  • This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, Certificateholders, holders of the Residual Ownership Interest and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Jose▇▇ ▇.

  • The Seller's Residual Ownership Interest along with certain of the Seller's other tangible and intangible assets (including, but not limited to, Seller's unsold Receivables) shall serve as collateral security for the Purchaser's receipt of the Guaranteed Return and Seller's substitution and repurchase obligations as set forth in Section 4.1 hereof.

  • Apart from equity interests owned by Huaxin and the Residual Ownership Interest, the Company has no equity interests authorized, issued or outstanding.

Related to Residual Ownership Interest

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.