Examples of Class A-1 Certificateholders in a sentence
No additional amounts shall accrue on the Certificates or be owed to Certificateholders as a result of such delay; provided, however, that any additional interest owed and paid by the Underlying Securities Issuer as a result of such delay shall be paid to the Class A-1 Certificateholders and Class A-2 Certificateholders pro rata in proportion to their respective entitlements to such delayed payments.
No additional amounts shall accrue on the Certificates or be owed to Certificateholders as a result of such delay; provided, however, that any additional interest owed and paid by the Underlying Securities Issuer as a result of such delay shall be paid to the Class A-1 Certificateholders pro rata in proportion to their respective entitlements to interest.
In the event that an offer is made by the Underlying Securities Issuer to issue new obligations in exchange and substitution for any of the Underlying Securities, pursuant to a plan for the refunding or refinancing of the outstanding Underlying Securities or any other offer is made for the Underlying Securities, the Trustee shall notify the Class A-1 Certificateholders and Class A-2 Certificateholders of such offer promptly.
No additional amounts shall accrue on the Certificates or be owed to Certificateholders as a result of such delay; provided, however, that any additional interest owed and paid by the Underlying Securities Issuer as a result of such delay shall be paid to the Class A-1 Certificateholders pro rata in proportion to their respective entitlements to such delayed payments.
Further, no amendment shall be permitted which would adversely affect in any material respect the interests of the Class A-1 Certificateholders unless the Rating Agency Condition is satisfied with respect to such amendment.
The pro rata share of each of the Class A-1 Certificateholders in the Underlying Securities to be distributed shall be determined based on the then unpaid Certificate Principal Balances of their Class A-1 Certificates and the pro rata share of each of the Class A-2 Certificateholders in the Underlying Securities to be distributed shall be determined based on the then outstanding notional amounts of their respective Certificates.
If an event of default under the Indenture occurs and is continuing, and if directed by a majority of the outstanding Class A-1 Certificateholders and Class A-2 Certificateholders, the Trustee shall vote the Underlying Securities in favor of directing, or take such other action as may be appropriate to direct, the Underlying Securities Trustee to declare the unpaid principal amount of the Underlying Securities and any accrued and unpaid interest thereon to be due and payable.
If an event of default under the Indenture occurs and is continuing, and if directed by Class A-1 Certificateholders representing 51% or more of the Voting Rights with respect thereto, the Trustee shall vote the Underlying Securities in favor of directing, or take such other action as may be appropriate to direct, the Underlying Securities Trustee to declare the unpaid principal amount of the Underlying Securities and any accrued and unpaid interest thereon to be due and payable.
A request for a special meeting shall state the purpose of the meeting and the matters proposed to be acted on at such meeting.
The DB Contractor shall not cease or slow down performance under the Contract Documents on account of any such amount in dispute.