Class A-1 Corridor Contract definition

Class A-1 Corridor Contract. The confirmation and agreement, including the schedule thereto and the related credit support annex (attached as Exhibit M-4 hereto), between the Trustee on behalf of the Issuing Entity and the Cap Contract Counterparty (attached as Exhibit M-1 hereto), with respect to the Class A-1 Certificates.
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Class A-1 Corridor Contract. The confirmation and agreement, including the schedule thereto, between the Securities Administrator on behalf of the Issuing Entity and the Cap Contract Counterparty (in the form of Exhibit N-1 hereto).
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Class A-1 Corridor Contract. The confirmation and agreement, including the schedule thereto and the related credit support annex, between the Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust and the Cap Contract Counterparty (in the form of Exhibit N-1 hereto).
Sample 1

Examples of Class A-1 Corridor Contract in a sentence

  • The Reserve Fund, the Class A-1/A-2 Net WAC Reserve Account, the Class A-1 Corridor Contract and Prepayment Charge Waiver Amounts shall not be included in REMIC I, REMIC II, REMIC III, REMIC IV or REMIC V.

  • Any excess amounts held in such Corridor Collateral Account after payment of all amounts owing to Party B under the Class A-1 Corridor Contract shall be withdrawn from the Corridor Collateral Account and paid to the Corridor Contract Counterparty in accordance with the Corridor Credit Support Annex.

  • Any remaining amounts related to the Class A-1 Corridor Contract will remain in the Supplemental Interest Reserve Fund for future distributions to the Class A-1 Certificates.

  • Any remaining amounts received on the Class A-1 Corridor Contract shall be held in the Class A-1 Reserve Fund and applied on future Distribution Dates to pay any Class A-1 Yield Supplement Amount on the Class A-1 Certificates.

  • REMIC I As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (other than the Reserve Fund, the Class A-1 Corridor Contract, the Class A-1/A-2 Net WAC Reserve Account and any Prepayment Charge Waiver Amounts) as a REMIC (as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC I”.

  • Except for investment earnings, the Corridor Contract Counterparty shall not have any legal, equitable or beneficial interest in the Corridor Collateral Account other than in accordance with this Agreement, the Class A-1 Corridor Contract and applicable law.

  • The assets of REMIC I shall include the Mortgage Loans and all interest owing in respect of and principal due thereon, the Distribution Account, the Protected Accounts, any REO Property, any proceeds of the foregoing and any other assets subject to this Agreement (other than the Reserve Fund, the Class A-1/A-2 Net WAC Reserve Account, the Class A-1 Corridor Contract and any Prepayment Charge Waiver Amounts).


More Definitions of Class A-1 Corridor Contract

Class A-1 Corridor Contract. The ISDA Master Agreement (including the Schedule thereto and the transaction evidenced by the related Confirmation by and between the Securities Administrator on behalf of the Trustee and the Corridor Contract Counterparty), for the benefit of the Class A-1 Certificates.
Sample 1
Class A-1 Corridor Contract. The interest rate cap agreement dated July 20, 2005 with respect to the Class A-1 Certificates, by and between the Corridor Contract Counterparty and DBAG, including the ISDA Master Agreement between the Corridor Contract Counterparty and DBAG, the schedule thereto and the related confirmation (Reference No. 402767N), both dated as of July 20, 2005.
Sample 1
Class A-1 Corridor Contract. With respect to the Class A-1 Certificates, the corridor contract, dated as of March 30, 2007, between the Trustee and the Corridor Contract Counterparty, including any schedule, confirmations, credit support annex or other credit support document relating thereto, and attached hereto as Exhibit M.
Sample 1

Related to Class A-1 Corridor Contract

  • Class A-1 Component The Component having such designation.

  • Class A-2 Component The Component having such designation.

  • 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-4 Component The Component having such designation.

  • Class A-3 Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.8600%.

  • 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-2C Certificate Any Certificate designated as a "Class A-2C Certificate" on the face thereof, in the form of Exhibit A hereto, representing the right to distributions as set forth herein.

  • Class A-5 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1156%.

  • Class A-1 Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.0840%.

  • Class A-V Certificate Any one of the Certificates designated as a Class A-V Certificate, including any Subclass thereof.

  • Class A-4 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.469%.

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

  • Class A-S Component The Component having such designation.

  • Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.

  • 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-2 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.278%.

  • Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2B Certificate Any Certificate designated as a "Class A-2B Certificate" on the face thereof, in the form of Exhibit A hereto, representing the right to distributions as set forth herein.

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • 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-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.

  • Class A-1 Current Interest As of any Distribution Date, the interest accrued during the related Accrual Period at the Class A-1 Pass-Through Rate on the Class A-1 Certificate Principal Balance as of such Distribution Date plus the portion of any previous distributions on such Class in respect of Current Interest or a Class A-1 Interest Carry Forward Amount that is recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class A-1 Certificates.

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).