AAA Class definition

AAA Class means, with respect to any collateralized loan obligation transaction, the class of debt issued in connection therewith that was assigned the highest possible investment grade rating by one or more nationally recognized statistical rating agencies and, in the case of a transaction having more than one of such class, having the largest outstanding principal balance;
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Examples of AAA Class in a sentence

  • Effective for loans taken on or after January 1, 2004 Consumer Home Loan Class I-A AAA AAA Class I-A-IO AAA AAA Class II-A AAA AAA Class II-A-IO AAA AAA Class III-A AAA AAA Class III-A-IO AAA AAA Class IV-A AAA AAA Class IV-A-IO AAA AAA Class V-A AAA AAA Class V-A-IO AAA AAA Class M-1 Aa2 AA Class M-2 A2 A Class M-3 Baa2 BBB None of the above ratings has been lowered since the respective dates of such letters.

  • Effective for loans taken on or after January 1, 2004 Consumer Home Loan Class A AAA AAA Class A-IO AAA AAA Class M-1 Aa2 AA Class M-2 A2 A Class ▇-▇ ▇▇▇▇ ▇▇▇ Class M-IO Baa2 BBB None of the above ratings has been lowered since the respective dates of such letters.

  • Effective for loans taken on or after January 1, 2004 Consumer Home Loan Class A AAA AAA Class A-IO AAA AAA Class M-1 Aa2 AA Class M-2 A2 A Class M-3 Calss M-IO Baa2 Baa2 BBB BBB None of the above ratings has been lowered since the respective dates of such letters.

  • Note Ratings: Class A-1 Prime-1 A-1+ A-1+ Class A-2 Aaa AAA AAA Class A-3 Aaa AAA AAA Class A-4 Aaa AAA AAA Class B A A A Indenture: The Indenture, dated as of __________, 200_, between the Trust and __________, as Indenture Trustee.

  • The Refinancing Distribution made to Funding 1 with respect to the Class A2 Reduction shall be applied by Funding 1 to repay the AAA (Class A2) Loan Tranche which shall be due and payable in an amount equal to £647,000, and the Issuer shall use the proceeds of the repayment of the AAA (Class A2) Loan Tranche to purchase the Class A2 Cancellation Notes in accordance with Condition 5.6 thereof on the Interest Payment Date falling on 18 December 2018.

  • Effective for loans taken on or after January 1, 2004 Consumer Home Loan Class I-A Aaa AAA AAA Class II-A-1 Aaa AAA AAA Class II-A-2 Aaa AAA AAA Class II-A-IO Aaa AAA AAA Class III-A Aaa AAA AAA Class IV-A Aaa AAA AAA Class M-1 N/A AA AA Class M-2 N/A A A Class M-3 N/A BBB BBB Class ▇-▇ ▇/▇ ▇▇ ▇▇ ▇▇▇▇▇ ▇-▇ ▇/▇ ▇ B Class B-3 N/A N/A N/A None of the above ratings has been lowered since the respective dates of such letters.

  • Effective for loans taken on or after January 1, 2004 Consumer Home Loan Class I-A-1 AAA AAA Class I-A-2 AAA AAA Class II-A-1 AAA AAA Class II-A-2 AAA AAA Class M-1 AA AA Class M-2 A A Class M-3 BBB BBB None of the above ratings has been lowered since the respective dates of such letters.

  • Pricing Date: June 2, 2009 Time of Sale: 12:00 PM (EST), June 2, 2009 Closing Date: June 9, 2009 Class A-2 Notes AAA AAA Class A-3 Notes AAA AAA Class A-4 Notes AAA AAA Class A-2 Notes $341,000,000 2.10% 99.74240% November 15, 2011 Class A-3 Notes $747,000,000 2.79% 99.66781% August 15, 2013 Class A-4 Notes $287,300,000 4.50% 99.53903% July 15, 2014 Barclays Capital Inc.

  • Pricing Date: September 29, 2009 Time of Sale: 4:00 PM (EST), September 29, 2009 Closing Date: October 9, 2009 Series Cutoff Date: Close of business on September 30, 2009 Class A Aaa AAA AAA Class A Notes $1,500,000,000 One-month LIBOR + 1.55% 99.50% September 15, 2012 September 15, 2014 Barclays Capital Inc.

  • Effective for loans taken on or after January 1, 2004 ---------------------------------- ------------------------------------------------- -------------------------------- SCHEDULE A REQUIRED RATINGS FOR EACH CLASS OF OFFERED CERTIFICATES Offered Certificates S&P ▇▇▇▇▇’▇ DBRS Class A-1 AAA Aaa AAA Class A-2 AAA Aaa AAA Class A-3 AAA Aaa AAA Class B-1 AA Aa1 AA Class B-2 A Aa3 A Class B-3 BBB A3 BBB Class ▇-▇ ▇▇▇- ▇▇▇▇ ▇▇▇ The Class B-IO, Class XP, Class R and Class R-X Certificates have not been rated.

Related to AAA Class

  • Scheduled Classes As specified in the Preliminary Statement.

  • New Class Loans shall have the meaning assigned to such term in Section 9.08(f).

  • Voting Classes means Classes 4 and 5.

  • Related Classes As to any Uncertificated REMIC I Regular Interest, those classes of Certificates identified as "Related Classes of Certificates" to such Uncertificated REMIC I Regular Interest in the definition of Uncertificated REMIC I Regular Interest.

  • participating class means a class of shares title to which is permitted by an Operator to be transferred by means of a relevant system;