The Class A- definition

The Class A-. PO Deferred Amounts for the Class 2-A-PO Component and Class 4-A-PO Component will be paid from amounts otherwise distributable as principal on the Class X-B Certificates before any payments are made pursuant to the preceding paragraph.
The Class A-. X Certificates have no Principal Balance, but accrue interest on the Class A-X Notional Balance (initially, $________________). The Certificates shall be signed by manual or facsimile signature on behalf of the Depositor by an officer of the Depositor. Certificates bearing the manual or facsimile signatures of individuals who were at the time of signature officers of the Depositor shall bind the Depositor, notwithstanding that such individuals or any of them have ceased to be an officer prior to the authentication and delivery of such Certificate or did not hold such offices at the date of such Certificates. No Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless there appears on such Certificate a manual authentication by an officer of the Depositor and such authentication upon any Certificate shall be conclusive evidence, and the only evidence, that such Certificate has been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication.
The Class A-. 4 Certificate Principal Balance shall not be reduced by any principal amounts paid to the Owners thereof from the Insured Payments.

Examples of The Class A- in a sentence

  • The Class A Shares to be issued on an exchange or conversion shall be registered in the name of such Member or in such name as the Member may direct.

  • The Class A shares are issued using the net asset value effective as of the applicable quarter-end in which the administrative services fee is due and payable.

  • The Class A Fixed Allocation with respect to the related Monthly Period.................

  • The Class A Floating Allocation with respect to the related Monthly Period.........

  • The Class A Pool Factor as of the Record Date for the Distribution Date is 1.00000000 25.

  • The Class A Certificates evidence in the aggregate the Class A Percentage of distributions relating to repayments of principal and interest on such Mortgage Loans.

  • The Class A Shareholders have exclusive voting rights, if any, with respect to the Fund's Class A Rule 12b-1 Distribution Plan.

  • The Class A Certificates evidence in the aggregate the Class A Percentage of distributions relating to repayments of principal and interest on the Mortgage Loans.

  • The Class A Notes and the Class B Notes will also be issued under the Indenture.

  • The Class A Invested Amount on any date will be an amount equal to (a) the Class A Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class A Certificateholder on or prior to such date, minus (c) the excess, if any, of the aggregate amount of Class A Investor Charge-Offs for all prior Distribution Dates over Class A Investor Charge-Offs reimbursed pursuant to subsection 4.07(b) of the Supplement prior to such date.


More Definitions of The Class A-

The Class A-. X-4 Certificates shall represent a "specified portion," within the meaning of the REMIC Provisions, of 100% of the interest payments on the Class A-MX-4
The Class A-. X-1 Certificates shall represent a "specified portion," within the meaning of the REMIC Provisions, of 100% of the interest payments on the Class 1-A-LX Interest and the Class 2-A-LX Interest. The Class A-X-2 Certificates shall represent a "specified portion," within the meaning of the REMIC Provisions, of 100% of the interest payments on the Class 3-A-LX Interest and the 4-A-LX Interest. The Class A-X-3 Certificates shall represent a "specified portion," within the meaning of the REMIC Provisions, of 100% of the interest payments on the Class 5-A-LX Interest. The pass-through rate with respect to the Class A-R Certificates (in respect of the Class A-UR Interest), shall be 6.25% per annum. The pass-through rate with respect to the Class L-1B Interest and Class L-1Q Interest shall be 6.25% per annum. The pass-through rate with respect to the Class L-2B Interest and Class L-2Q Interest shall be 6.50% per annum. The pass-through rate with respect to the Class L-3B Interest and Class L-3Q Interest shall be 5.00% per annum. The pass-through rate with respect to the Class L-4B Interest and Class L-4Q Interest shall be 5.50% per annum. The pass-through rate with respect to the Class L-5B Interest and Class L-5Q Interest shall be 6.00% per annum. For federal income tax purposes, the Pass-Through Rate for the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates for any Distribution Date shall be expressed as a per annum rate equal to the weighted average of (i) the pass-through rate for the Class L-1B Interest, (ii) the pass-through rate for the Class L-2B Interest, (iii) the pass-through rate for the Class L-3B Interest, (iv) the pass-through rate for the Class L-4B Interest and (iii) the pass-through rate for the Class L-5B Interest, weighted, for each of the foregoing determinations, on the basis of the respective principal balance of each such Lower Tier REMIC Interest (computed to eight decimal places), immediately prior to such Distribution Date. The Class 1-LPO Interest, Class 2-LPO Interest, Class 3-LPO Interest and Class 4-LPO Interest are principal-only interests and are not entitled to distributions of interest.
The Class A-. X-2 Certificates shall represent a "specified portion," within the meaning of the REMIC Provisions, of 100% of the interest payments on the Class A-MX-2-A Interest, the Class A-MX-2-B Interest and Class A-MX-2-C
The Class A-. PO Deferred Amounts for the Class 2-A-PO Component and Class 4-A-PO Component will be paid from amounts otherwise distributable as principal on the Class X-B Certificates before any payments are made pursuant to the preceding paragraph. Notwithstanding the foregoing, on each Distribution Date prior to the Senior Credit Support Depletion Date for the 15 Year Crossed Groups but on or after the date on which the aggregate Class Certificate Balance of the Senior Certificates of a 15 Year Crossed Group have been reduced to zero, amounts otherwise distributable as principal payments on the Class 15-B Certificates will be paid as principal to the Classes of Senior Certificates of the remaining 15 Year Crossed Group, in accordance with the priorities set forth for the applicable Group in (iii) or (v) above, provided that on such Distribution Date (a) the 15 Year Crossed Aggregate Subordinate Percentage for such Distribution Date is less than twice the initial 15 Year Crossed Aggregate Subordinate Percentage or (b) the outstanding principal balance of all Mortgage Loans in the 15 Year Crossed Loan Groups (including, for this purpose, any Mortgage Loans in foreclosure, any REO Property and any Mortgage Loan for which the Mortgagor has filed for bankruptcy after the Closing Date) delinquent 60 days or more (averaged over the preceding six month period), as a percentage of the aggregate Class Certificate Balance of the Class 15-B Certificates, is equal to or greater than 50%. In addition, if on any Distribution Date the aggregate Class Certificate Balance of the Senior Certificates of a 15 Year Crossed Group is greater than the Adjusted Pool Amount (Non-PO Portion) of the related 15 Year Crossed Loan Group (any such Group, the "15 Year Crossed Undercollateralized Group" and any such excess, the "15 Year Crossed Undercollateralized Amount"), all amounts otherwise distributable as principal on the Class 15-B Certificates pursuant to 5.02(a)(vi)(L), (J), (H), (F), (D) and (B), in that order, will be paid as principal to the Senior Certificates of the 15 Year Crossed Undercollateralized Group in accordance with the priorities set forth for the applicable Group above under (iii) or (v) until the aggregate Class Certificate Balance of the Senior Certificates of the 15 Year Crossed Undercollateralized Group equals the Adjusted Pool Amount (Non-PO Portion) of the Related Loan Group. Also, the amount of any Class Unpaid Interest Shortfalls and Component Unpaid Interest Shortfa...

Related to The Class A-

  • Class A has the meaning set forth in Section 5.1.C.

  • Class C Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class P," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class B Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class C Certificate Any one of the Certificates with a “Class C” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class D Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class P," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-7 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-7 and Exhibit C hereto.

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class S designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Note Class Interest Distributable Amount With respect to any class of Notes and any Distribution Date, the product of (i) the outstanding principal balance of such class of Notes as of the close of the preceding Distribution Date (or, in the case of the first Distribution Date, the outstanding principal balance of such class of Notes on the Closing Date) and (ii) (a) in the case of the Notes, other than the Class A-1 Notes, one-twelfth of the Interest Rate for such class (or, in the case of the first Distribution Date, the Interest Rate for such class multiplied by a fraction, the numerator of which is 15 and the denominator of which is 360) and (b) in the case of the Class A-1 Notes, the product of the Interest Rate for such class of Notes for such Distribution Date and a fraction, the numerator of which is the number of days elapsed from and including the prior Distribution Date (or, in the case of the first Distribution Date, from and including the Closing Date), to but excluding that Distribution Date and the denominator of which is 360. Note Depository: The depository from time to time selected by the Indenture Trustee on behalf of the Issuing Entity in whose name the Notes are registered prior to the issue of Definitive Notes. The first Note Depository shall be Cede & Co., the nominee of the initial Clearing Agency.

  • Group II Class A Certificates The Class A-2a Certificates, the Class A-2b Certificates, the Class A-2c Certificates and the Class A-2d Certificates, collectively.

  • Class I X" on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Class D Certificates “Class E Certificates,” “Class F Certificates,” “Class G Certificates,” “Class H Certificates,” “Class V Certificates” and “Class R Certificates” mean, in each such case, the Certificates designated as “Class A-1,” “Class A-2,” “Class A-SB,” “Class A-3,” “Class A-4,” “Class A-5,” “Class A-S,” “Class X-A,” “Class X-B,” “Class X-C,” “Class B,” “Class PST,” “Class C,” “Class D,” “Class E,” “Class F,” “Class G,” “Class H,” “Class V” and “Class R,” respectively, on the face thereof, in substantially the forms attached hereto as Exhibits A-1 to A-20.

  • Initial Class D Note Balance means $142,370,000.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class A-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-5 and Exhibit C hereto. Class A-5 Certificateholder: The registered holder of a Class A-5 Certificate.

  • Class A-V Certificate Any one of the Certificates designated as a Class A-V Certificate, including any Subclass thereof.

  • Class A-1A Certificate means any one of the Certificates with a "Class A-1A" designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Initial Class C Note Balance means $178,840,000.

  • Class G Certificate Any one of the Certificates with a “Class G” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class D Certificate Any one of the Certificates with a “Class D” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class A-8 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto.