Class 2A definition
Examples of Class 2A in a sentence
The aggregate principal amount of Class 1-A and Class 2-A Notes outstanding at any time may not exceed those amounts except as provided in Section 2.04.
Distributions in reduction of the Principal Balance of certain Classes of Class 2-A Certificates may not commence on the first Distribution Date specified above.
Distributions of principal will be allocated among the Classes of Class 2-A Certificates in accordance with the provisions of the Agreement.
Any funds remaining in the Policy Payments Account on the first Business Day following the later of the Payment Date and the Business Day after the day on which a payment on the Policy has been paid to the Holders of the Class 1-A or Class 2-A Notes shall be remitted to the Credit Enhancer, pursuant to the instructions of the Credit Enhancer, by the end of the Business Day.
Distributions in reduction of the principal balance of certain Subclasses of Class 2-A Certificates may not commence on the first Distribution Date specified above.
Classification pressure: Components of Class 0: WP declared Components of Class 1: 3,000 kPa. Components of Class 2: 450 kPa. Components of Class 2A: 120 kPa.
Distributions of principal will be allocated among the Subclasses of Class 2-A Certificates in accordance with the provisions of the Agreement.
The Sellers, the Depositor, the Master Servicer, and the Holders of the Class 2-A Notes by their acceptance of the Notes acknowledge and agree that the Indenture Trustee shall execute, deliver, and perform its obligations under the Cap Administration Agreement and shall do so solely in its capacity as Cap Trustee and not in its individual capacity.
The Class 1-A Yield Maintenance Agreement and the Class 2-A Yield Maintenance Agreement.
Principal distributions to the Class 2A Supersenior Certificates pursuant to this Section 4.01(a)(ii)(A)(b)(ii) shall be allocated sequentially to the Class 2A1 Certificates and 2A2 Component, in that order, until their respective Class Certificate Balances have been reduced to zero.