Additional Provisions Regarding the Class Sample Clauses

Additional Provisions Regarding the Class. A-2 Pass-Through ---------------------------------------------------------- Rates on the Class A-2 Certificates. ----------------------------------- The determination of a Class A-2 Pass-Through Rate by the Auction Agent, the Trustee or any other Person pursuant to the provisions of the applicable Section of this Article 2 shall be conclusive and binding on the Certificateholders of Class A-2 Certificates to which such Class A-2 Pass-Through Rate applies, and the Trustee may rely thereon for all purposes. In no event shall the cumulative amount of interest paid or payable on the Class A-2 Certificates (including interest calculated as provided herein, plus any other amounts that constitute interest on the Class A-2 Certificates under applicable law, which are contracted for, charged, reserved, taken or received pursuant to the Class A-2 Certificates or related documents) calculated from the date of issuance of the Class A-2 Certificates through any subsequent day during the term of the Auction Rate or otherwise prior to payment in full of the Class A-2 Certificates exceed the amount permitted by applicable law. If the applicable law is ever judicially interpreted so as to render usurious any amount called for under the Class A-2 Certificates or related documents or otherwise contracted for, charged, reserved, taken or received in connection with the Class A-2 Certificates, or if the acceleration of the maturity of the Class A-2 Certificates results in payment to or receipt by the Certificateholder or any former Certificateholder of the Class A-2 Certificates of any interest in excess of that permitted by applicable law, then, notwithstanding any provision of the Class A-2 Certificates or related documents to the contrary, all excess amounts theretofore paid or received with respect to the Class A-2 Certificates shall be credited on the principal balance of the Class A-2 Certificates (or, if the Class A-2 Certificates have been paid or would thereby be paid in full, refunded by the recipient thereof), and the provisions of the Class A-2 Certificates and related documents shall automatically and immediately be deemed reformed and the amounts thereafter collectible hereunder and thereunder reduced, without the necessity of the execution of any new document, so as to comply with the applicable law, but so as to permit the recovery of the fullest amount otherwise called for under the Class A-2 Certificates and under the related documents.
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Additional Provisions Regarding the Class. INTEREST RATES ON THE SERIES 199_-_ NOTES. The determination of a Class Interest Rate by the Auction Agent, the Indenture Trustee or any other Person pursuant to the provisions of the applicable Section of this Article II shall be conclusive and binding on the Noteholders of the Class of Series 199_-_ Notes to which such Class Interest Rate applies, and the Issuer and the Indenture Trustee may rely thereon for all purposes. In no event shall the cumulative amount of interest paid or payable on a Class of Series 199_-_ Notes (including interest calculated as provided herein, plus any other amounts that constitute interest on the Series 199_-_ Notes of such Class under applicable law, which are contracted for, charged, reserved, taken or received pursuant to the Series 199_-_ Notes of such Class or related documents) calculated from the date of issuance of the Series 199_-_ Notes of such Class through any subsequent day during the term of the Series 199_-_ Notes of such Class or otherwise prior to payment in full of the Series 199_-_ Notes of such Class exceed the amount permitted by applicable law. If the applicable law is ever judicially interpreted so as to render usurious any amount called for under the Series 199_-_ Notes of such Class or related documents or otherwise contracted for, charged, reserved, taken or received in connection with the Series 199_-_ Notes of such Class, or if the acceleration of the maturity of the Series 199_-_ Notes of such Class results in payment to or receipt by the Noteholder or any former Noteholder of the Series 199_-_ Notes of such Class of any interest in excess of that permitted by applicable law, then, notwithstanding any provision of the Series 199_-_ Notes of such Class or related documents to the contrary, all excess amounts theretofore paid or received with respect to the Series 199_-_ Notes of such Class shall be credited on the principal balance of the Series 199_-_ Notes of such Class (or, if the Series 199_-_ Notes of such Class have been paid or would thereby be paid in full, refunded by the recipient thereof), and the provisions of the Series 199_-_ Notes of such Class and related documents shall automatically and immediately be deemed reformed and the amounts thereafter collectible hereunder and thereunder reduced, without the necessity of the execution of any new document, so as to comply with the applicable law, but so as to permit the recovery of the fullest amount otherwise called for under the Series ...

Related to Additional Provisions Regarding the Class

  • General Provisions Regarding Payments (a) All payments by Borrower of principal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, recoupment, set-off or counterclaim, free of any restriction or condition, and delivered to Administrative Agent not later than (x) 12:00 p.m. (New York City time) on the date due at the Principal Office designated by Administrative Agent for the account of Lenders; for purposes of computing interest and fees, funds received by Administrative Agent after that time on such due date shall be deemed to have been paid by Borrower on the next succeeding Business Day.

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  • Additional Provisions Respecting Insurance (a) All insurance required by this Tenant Agency Compliance Agreement shall be procured and maintained in financially sound and generally recognized responsible insurance companies authorized to write such insurance in the State and selected by the entity required to procure the same. The company issuing the policies required by Section 2.1(a) hereof shall be rated “A” or better by A.M. Best Co., Inc. in Best’s Key Rating Guide. Such insurance may be written with deductible amounts comparable to those on similar policies carried by other companies engaged in businesses similar in size, character and other respects to those in which the procuring entity is engaged. All policies of insurance required by Section 2.1 hereof shall provide for at least thirty (30) days prior written notice to the Agency of the restriction, cancellation or modification thereof. The policy evidencing the insurance required by Section 2.1(c) hereof shall name the Agency as an additional insured. All policies evidencing the insurance required by Section 2.1 (d)(ii) and (iv) shall name the Agency and the Tenant as additional insureds.

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  • Special Provisions 9 A. CONTRACTOR shall not use the funds provided by means of this Agreement for the following 10 purposes:

  • OTHER PROVISIONS RELATING TO RIGHTS OF HOLDERS OF WARRANT CERTIFICATES

  • PROVISIONS REQUIRED BY LAW DEEMED INSERTED Each and every provision of law and clause required by law to be inserted in this Contract shall be deemed to be inserted herein and this Contract shall be read and enforced as though it were included therein.

  • Certification Regarding Use of State Funds If Party is an employer and this Agreement is a State-funded grant in excess of $1,001, Party certifies that none of these State funds will be used to interfere with or restrain the exercise of Party’s employee’s rights with respect to unionization.

  • Special Allocations Regarding LTIP Units Subject to the terms of any Partnership Units ranking senior to the LTIP Units with respect to return of capital or any preferential or priority return, any Liquidating Capital Gains shall first be allocated to the LTIP Holders until the Economic Capital Account Balances of such holders, to the extent attributable to their ownership of LTIP Units, are equal to (i) the Partnership Unit Economic Balance, multiplied by (ii) the number of LTIP Units; provided that no such Liquidating Capital Gains will be allocated with respect to any particular LTIP Unit unless and to the extent that the Partnership Unit Economic Balance exceeds the Partnership Unit Economic Balance in existence at the time such LTIP Unit was issued. For this purpose, “Liquidating Capital Gains” means net capital gains realized in connection with the actual or hypothetical sale of all or substantially all of the assets of the Partnership, including but not limited to net capital gain realized in connection with an adjustment to the Carrying Value of the Partnership assets under Section 704(b) of the Code. The “Economic Capital Account Balances” of the LTIP Holders will be equal to their Capital Account balances, plus the amount of their shares of any Partner Nonrecourse Debt Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to their ownership of LTIP Units. Similarly, the “Partnership Unit Economic Balance” shall mean (i) the Capital Account Balance of the General Partner, plus the amount of the General Partner’s share of any Partner Nonrecourse Debt Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to the General Partner’s ownership of Partnership Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under this Section 5.1(e), divided by (ii) the number of General Partner’s Partnership Units. Any such allocations shall be made among the LTIP Holders in proportion to the amounts required to be allocated to each under this Section 5.1(e). The parties agree that the intent of this Section 5.1(e) is to make the Capital Account balance associated with each LTIP Unit to be economically equivalent to the Capital Account balance associated with the Partnership Units (on a per-Unit basis), but only if and to the extent the Capital Account balance associated with the General Partner’s Partnership Units has increased on a per-Unit basis since the issuance of the relevant LTIP Unit.

  • Initial Provisions Article 1

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