Examples of Class A-1B in a sentence
The correct Principal Distribution Amount that should have been paid on the November 2021 Monthly Distribution Date was (i) $565,000 to the Class A-1A Noteholders and (ii) $3,503,000 to the Class A-1B Noteholders.
The correct Principal Distribution Amount that should have been paid on the December 2021 Monthly Distribution Date was (i) $1,769,000 to the Class A-1A Noteholders and (ii) $10,967,000 to the Class A-1B Noteholders.
As stated in the December 2021 Monthly Distribution Date Certificate, a Principal Distribution Amount of $12,736,000 was paid to the Class A-1A Noteholders and no Principal Distribution Amount was paid to the Class A-1B Noteholders on the December 2021 Monthly Distribution Date.
Due to an administrative error, the Authority failed to pay principal due on the Class A-1B Notes on the November 2021 and December 2021 Monthly Distribution Dates because the Principal Distribution Amount was not correctly allocated between Class A-1A Notes and Class A-1B Notes.
As stated in the November 2021 Monthly Distribution Date Certificate, a Principal Distribution Amount of $4,068,000 was paid to the Class A- 1A Noteholders and no Principal Distribution Amount was paid to the Class A-1B Noteholders on the November 2021 Monthly Distribution Date.
The correct Principal Distribution Amount that should have been paid on the December 2021 Monthly Distribution Date was (i) $701,000 to the Class A-1A Bondholders and (ii) $4,721,000 to the Class A-1B Bondholders.
Due to an administrative error, the Authority failed to pay principal due on the Class A-1B Bonds on the December 2021 Monthly Distribution Date because the Principal Distribution Amount was not correctly allocated between the Class A-1A Bonds and the Class A-1B Bonds.
As stated in the December 2021 Monthly Distribution Date Certificate, a Principal Distribution Amount of $5,422,000 was paid to the Class A-1A Bondholders and no Principal Distribution Amount was paid to the Class A-1B Bondholders on the December 2021 Monthly Distribution Date.
The terms of the Class A-1A Notes set forth in Exhibit A-1 hereto, the terms of the Class A-1B Notes set forth in Exhibit A-2 hereto and the terms of the Class B Notes set forth in Exhibit B hereto are part of the terms of this Indenture, which terms may be amended in connection with a Benchmark Transition Event or a LIBOR Related Amendment.
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class A-1B Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class A-1B Certificates in REMIC II created pursuant to a Pooling and Servicing Agreement, dated as specified above (the "Agreement"), among Ameriquest Mortgage Securities Inc.