Class A-2, definition
Examples of Class A-2, in a sentence
The Upper-Tier REMIC will hold the Lower-Tier Regular Interests and will issue the Class A-1, Class A-2, Class A-3, Class X-A, Class A-S, Class B, Class C, Class X-B, Class X-D, Class X-E, Class D, Class E, Class F-RR and Class G-RR Certificates (the “Regular Certificates”), which will evidence the “regular interests” in the Upper-Tier REMIC created hereunder.
The Upper-Tier REMIC will hold the Lower-Tier Regular Interests and will issue the Class A-2, Class A-3, Class X-A, Class X-B, Class X-D, Class A-S, Class B, Class C, Class D, Class E, Class F, Class G and Class J-RR Certificates, each of which represents a class of “regular interests” in the Upper-Tier REMIC created hereunder.
Upon the execution and delivery of this Series Supplement, the Issuer shall execute and deliver to the Indenture Trustee and the Indenture Trustee, upon receipt of an Issuer Order, shall authenticate the Series 2023-1 Class A-2 Notes and deliver the Series 2023-1 Class A-2 Notes to the Depositary.
Upon the execution and delivery of this Series Supplement, the Issuer shall execute and deliver to the Indenture Trustee and the Indenture Trustee, upon receipt of an Issuer Order, shall authenticate the Series 2020-1 Class A-2 Notes and deliver the Series 2020-1 Class A-2 Notes to the Depositary.
On each Payment Date the lesser of (i) the Class A-2 Targeted Amortization Amount with respect to the Series 2019-1 Class A-2 Notes as of such Payment Date and (ii) the amount of funds available for such purpose under Section 5.01 of the Indenture will be applied to prepay amounts in respect of principal on the Series 2019-1 Class A-2 Notes as provided pursuant to Section 5.01(b)(iii) of the Indenture.