The Class a Notes Sample Clauses
The "Class A Notes" clause defines the specific terms and characteristics of a particular class of notes issued under a financial agreement, typically in a securitization or structured finance transaction. This clause outlines details such as the principal amount, interest rate, payment priority, and rights of holders of the Class A Notes compared to other classes of notes. For example, it may specify that Class A Noteholders receive payments before holders of subordinate notes and describe any credit enhancements or protections afforded to them. The core function of this clause is to clearly delineate the rights, obligations, and payment structure associated with the Class A Notes, thereby ensuring transparency and reducing the risk of disputes among investors.
The Class a Notes. On each date an Advance is funded under the Class A Note pursuant to the Series 2005-4 Supplement, and on each date the amount of outstanding Advances thereunder is reduced, a duly authorized officer, employee or agent of the related Funding Agent shall make appropriate notations in its books and records of the amount of such Advance and the amount of such reduction, as applicable. HVF hereby authorizes each duly authorized officer, employee and agent of such Funding Agent to make such notations on the books and records as aforesaid and every such notation made in accordance with the foregoing authority shall be prima facie evidence of the accuracy of the information so recorded and shall be binding on HVF absent manifest error; provided, however, that in the event of a discrepancy between the books and records of such Funding Agent and the records maintained by the Trustee pursuant to the Indenture, such discrepancy shall be resolved by such Funding Agent, the Insurer and the Trustee.
The Class a Notes. On each date a Class A Advance is purchased, increasing the outstanding principal amount of the Class A Notes, and on each date the outstanding principal amount of the Class A Notes is reduced, a duly authorized officer, employee or agent of the Class A Note Purchaser shall make appropriate notations in its books and records of the amount of such Class A Advance made by the Class A Note Purchaser and the amount of such reduction, as applicable, applied by the Class A Note Purchaser. Every such notation shall be dispositive of the accuracy of the information so recorded and shall be conclusive and binding on the Issuer absent manifest error.
The Class a Notes. On each date a Class A Advance is purchased, increasing the outstanding principal amount of the Class A Notes, and on each date the outstanding principal amount of the Class A Notes is reduced, a duly authorized officer, employee or agent of the Class A Note Purchaser shall make appropriate notations in its books and records of the amount of such Class A Advance made by the Class A Note Purchaser and the amount of such reduction, as applicable, applied by the Class A Note Purchaser. The Issuer hereby authorizes each duly authorized officer, employee and agent of the Class A Note Purchaser to make such notations on the books and records as aforesaid and every such notation made in accordance with the foregoing authority shall be PRIMA FACIE evidence of the accuracy of the information so recorded and shall be binding on the Issuer absent manifest error.
The Class a Notes. The Class A Notes will be substantially in the forms annexed as Exhibits A-1 through A-6 to the Indenture, respectively.
The Class a Notes