Class A-1 Certificate Insurance Policy definition

Class A-1 Certificate Insurance Policy. The Financial Guaranty Insurance Policy No. [ ] and all endorsements thereto dated the Closing Date, issued by the Class A-1 Insurer for the benefit of the Class A-1 Certificateholders.
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Class A-1 Certificate Insurance Policy means the certificate guaranty insurance policy no., and all endorsements thereto dated the Closing Date, issued by the Certificate Insurer for the benefit of the Class A-1 Certificateholders, a copy of which is attached hereto as Exhibit A-1. The Certificate Insurance Policy shall not benefit the Additional Certificate.
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Class A-1 Certificate Insurance Policy. The Ambac Assurance Corporation Certificate Guaranty Insurance Policy No. AB0818BE, and all endorsements thereto dated the Closing Date, issued by the Class A-1 Certificate Insurer for the benefit of the Class A-1 Certificateholders.
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Examples of Class A-1 Certificate Insurance Policy in a sentence

  • Anything herein to the contrary notwithstanding, any payment with respect to principal of or interest on the Class A-1 Certificates which is made with moneys received pursuant to the terms of the Class A-1 Certificate Insurance Policy shall not be considered payment of the Class A-1 Certificates from the Trust Fund.

  • Notwithstanding the foregoing, no amendment to this Agreement shall be made without the prior written consent of the Class A-1 Certificate Insurer until the later of (a) the date on which the Class Certificate Balance of the Class A-1 Certificates is reduced to zero and (b) the date on which all amounts owing to the Class A-1 Certificate Insurer under the Class A-1 Certificate Insurance Policy and the Insurance Agreement have been paid in full.

  • Each Holder of Class A-1 Certificates, by accepting its Certificates, appoints the Trustee as attorney in fact for the purpose of making claims under the Class A-1 Certificate Insurance Policy.

  • Section 4.04 The Class A-1 Certificate Insurance Policy......................

  • Section 4.10 Trustee To Hold Class A-1 Certificate Insurance Policy......

  • Nothing in the foregoing sentence, nor any action taken pursuant thereto or in compliance therewith, shall be deemed to have released the Class A-1 Certificate Insurer from any obligation or liability it may have to any party or to the Class A-1 Certificateholders hereunder, under any other agreement, instrument or document (including, without limitation, the Class A-1 Certificate Insurance Policy) or under applicable law.

  • No purchase under this Section 11.01 will be permitted without the consent of the Class A-1 Certificate Insurer, unless no draw on the Class A-1 Certificate Insurance Policy would be made and no amounts due to the Class A-1 Certificate Insurer would remain unreimbursed on the final Distribution Date.

  • No such purchase will be permitted without the consent of the Class A-1 Certificate Insurer, if such purchase would result in a draw on the Class A-1 Certificate Insurance Policy or would cause any previous draws or other amounts owing to the Class A-1 Certificate Insurer hereunder or under the Insurance Agreement to remain unpaid.

  • Notwithstanding the foregoing, in the event any Class A-1 Certificates remain outstanding, any amendment to this Agreement shall require the prior written consent of the Class A-1 Certificate Insurer if such amendment adversely affects in any respect the rights or interest of the Class A-1 Certificate Insurer or of the Class A-1 Certificateholders (without regard to the Class A-1 Certificate Insurance Policy).

  • Amounts paid under the Class A-1 Certificate Insurance Policy, to the extent needed to pay the Insured Amount, shall be transferred to the Distribution Account on the related Distribution Date and disbursed by the Securities Administrator to the Class A-1 Certificateholders in accordance with Section 4.02.

Related to Class A-1 Certificate Insurance Policy

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Class A-1 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-1 hereto.

  • Class A-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class A-1 Certificates.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Class A-2 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-2 hereto.

  • Class A Certificate Group The Group I Class A Certificates or the Group II Class A Certificates, as applicable.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

  • Class M-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class M-1 Certificates.

  • Class M-2 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class M-2 Certificates.

  • Class A-6 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-6 and Exhibit C hereto.

  • Class A-3 Certificates All Certificates bearing the class designation of "Class A-3".

  • Class A-3 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-3 hereto.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Class I-A-1 Certificate Any Certificate designated as a "Class I-A-1 Certificate" on the face thereof, in the form of Exhibit A-1 hereto, representing the right to the Percentage Interest of distributions provided for the Class I-A-1 Certificates as set forth herein and evidencing a Regular Interest in REMIC II.

  • Class A-4 Certificates All Certificates bearing the class designation of "Class A-4".

  • Class A-4 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-4 hereto.

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • 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-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • 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 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.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Class B-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 B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.

  • Group 2 Certificates As specified in the Preliminary Statement.