Examples of Class A-1 Certificateholders in a sentence
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.
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.
This legislation, which now comprises a volume, was enacted and built up separate and distinct from the legislation affecting Indian irrigation projects.
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.
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.
Subject to receipt of the Call Price as aforesaid on any Call Date, the Trustee shall pay the corresponding redemption price set forth in clause (b), above, to the Class A-1 Certificateholders on such Call Date.
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.
If an event of default under the Declaration of Trust 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.
From such Equipment Note payments, the Subordination Agent will pay principal, premium, if any, and interest distributions to the Class A-1 Trustee, the Class A-2 Trustee, the Class B Trustee, the Class C-1 Trustee and the Class C-2 Trustee, who will pay such principal, premium, if any, and interest distributions to the Class A-1 Certificateholders, the Class A-2 Certificateholders, the Class B Certificateholders, the Class C-1 Certificateholders and the Class C-2 Certificateholders, respectively.
The Trust shall terminate upon the earliest to occur of (i) the payment in full at maturity or sale by the Trust after a payment default or an acceleration or other early payment of the Underlying Securities and the distribution in full of all amounts due to the Class A-1 Certificateholders and Class A-2 Certificateholders; (ii) the Final Scheduled Distribution Date and (iii) the expiration of 21 years from the death of the last survivor of the descendants of Joseph P.