Class A-4A definition

Class A-4A. Class X-0X," "Xxxxx X-X," "Class X-1," "Class X-2," "Class B," "Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class P," "Class Q," "Class S," "Class T," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.
Class A-4A on the face thereof, in the form of Exhibit A-4 hereto, and evidencing a "regular interest" in the Upper-Tier REMIC for purposes of the REMIC Provisions.
Class A-4A. (the "Class A-4A Certificates"), Class A-5A (the "Class A-5A Certificates"), Class A-IO (the "Class A-IO Certificates"), Class B-1 (the "Class B-1 Certificates"), Class B-IOA (the "Class B-IOA Certificates"), Class B-IOF (the "Class B-IOF Certificates") certain Class X Certificates (the "Class X Certificates"), certain Class P Certificates (the "Class P Certificates") and certain Class R Certificates (the "Class R Certificates"). The Class A-1F Certificates, the Class A-2F Certificates, the Class A-3A Certificates, the Class A-4A Certificates and the Class A-5A Certificates shall be together referred to as the "Class A Certificates." All of the certificates issued by Asset Backed Securities Corporation Home Equity Loan Trust 1999-LB1 are together referred to herein as the "Certificates." Terms capitalized herein and not otherwise defined herein shall have the respective meanings set forth in the Pooling and Servicing Agreement. On the 21st day of each month, or, if such day is not a Business Day, then the next succeeding Business Day (each such day being a "Distribution Date") commencing August 21, 1999 the Owners of the Class A-3A Certificates as of the close of business on the last Business Day of the calendar month immediately preceding the calendar month in which a Distribution Date occurs (the "Record Date") will be entitled to receive the Class A-3A Distribution Amount relating to such Certificate on such Distribution Date. Distributions will be made in immediately available funds to Owners of Certificates having an aggregate original Certificate Principal Balance of at least $1,000,000 (by wire transfer or otherwise) to the account of an Owner at a domestic bank or other entity having appropriate facilities therefor, if such Owner has so notified the Trustee, or by check mailed to the address of the person entitled thereto as it appears on the Register. Each Owner of record of a Class A-3A Certificate will be entitled to receive such Owner's Percentage Interest in the amounts due on such Distribution Date to the Owners of the Class A-3A Certificates. The Percentage Interest of each Class A-3A Certificate as of any date of determination will be equal to the percentage obtained by dividing the original Certificate Principal Balance of such Class A-3A Certificate on the Startup Day by the aggregate Class A-3A Certificate Principal Balance on the Startup Day.

Examples of Class A-4A in a sentence

  • The Class A-1 Notes, the Class A-2 Notes, the Class A-3A Notes, the Class A-3B Notes, the Class A-4A Notes and the Class A-4B Notes (collectively, the "Notes") are and, except as otherwise provided in the Indenture and the Sale and Servicing Agreement, will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture.

  • The Pass-Through Rate for the Class A-4A Component and the Class A-4B Component shall equal the Pass-Through Rate of the Class A-4 Certificates.

  • No service charge shall be made for the issuance of such Class A-4A Note and Class A-4B Note to the Insurer or its designee, but the Owner Trustee may require payment of a sum sufficient to cover any tax or other governmental charge imposed in connection therewith.

  • The Note Balance of Class A-1 Notes, Class A-2-A Notes, Class A-2-B Notes, Class A-3-A Notes, Class A-3-B Notes, Class A-4-A Notes and Class A-4-B Notes Outstanding at any time may not exceed such amounts except as provided in Section 2.5. Each Note shall be dated the date of its authentication.

  • Any such consent by the Holder, at the time of the giving thereof, of this Class A-4-A Note (or any one or more Predecessor Notes) shall be conclusive and binding upon such Holder and upon all future Holders of this Class A-4-A Note and of any Class A-4-A Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof whether or not notation of such consent or waiver is made upon this Class A-4-A Note.

  • The Notes shall accrue interest as provided in the forms of the Class A-1 Note, the Class A-2-A Note, the Class A-2-B Note, the Class A-3 Note, the Class A-4-A Note and the Class A-4-B Note set forth in Exhibits A-1, A-2-A, A-2-B, A-3, A-4-A and A-4-B, respectively, and such interest shall be due and payable on each Distribution Date, as specified therein.

  • In addition, each Person who has or who acquires any Ownership Interest in a Class A-4-A Note shall be deemed by the acceptance or acquisition of such Ownership Interest to have agreed to be bound by the provisions of Section 14.18 of the Indenture.

  • Also issued under the Pooling Agreement are the Class A-1, Class A-1P, Class A-DP, Class A-2, Class A-3, Class A-AB, Class A-ABB, Class A-4, Class A-4A, Class A-4B, Class A-1A, Class A-J, Class B, Class C, Class D, Class E, Class X, Xxxxx X, Xxxxx X, Xxxxx H, Class J, Class K, Class L, Class M, Class N, Class O, Class R and Class LR Certificates (together with the Class Q Certificates, the "Certificates"; the Holders of Certificates are collectively referred to herein as "Certificateholders").

  • In addition to the governance and transparency requirements, an AIFM-wide application is further required only for some of the principles that fall under the "risk alignment" part.

  • Such new Class A-4A Note and Class A-4B Note shall have the same terms as the Class A-4A Notes and Class A-4B Notes, respectively, deemed transferred by the Class A-4A Noteholders and Class A-4B Noteholders.


More Definitions of Class A-4A

Class A-4A on the face thereof in substantially the form attached hereto as Exhibit A. Class A-4A-L Regular Interest: The uncertificated undivided beneficial interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein.
Class A-4A designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

Related to Class A-4A

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • Class A-2b Notes means the Class A-2b Floating Rate Asset-Backed Notes, substantially in the form of Exhibit A-2b to the Indenture.

  • Class A-3 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.205%.

  • Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.

  • Class A-3 Note Balance means, at any time, the Initial Class A-3 Note Balance reduced by all payments of principal made prior to such time on the Class A-3 Notes.

  • Class A-4 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1020%.

  • Class A-2a Notes means the $ Class A-2 % Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class A-4 Component The Component having such designation.

  • Class A-4 Note Balance means, as of any date, the Initial Class A-4 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-4 Notes.

  • Class A-4 Notes means the 0.62% Asset Backed Notes, Class A-4, substantially in the form of Exhibit A-4 to the Indenture.

  • Class A-2 Notes means the Class A-2a Notes and the Class A-2b Notes, collectively.

  • Class A-4 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-4 Rate and (B) the outstanding principal balance of the Class A-4 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-4 Notes on or before such preceding Distribution Date).

  • Class A-4 Certificates All Certificates bearing the class designation of "Class A-4".

  • Class A-2 Note Balance means, at any time, the Initial Class A-2 Note Balance reduced by all payments of principal made prior to such time on the Class A-2 Notes.

  • Class A-2, Class X-1," "Class X-2," "Class B," "Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class A-3 Component The Component having such designation.

  • Class A-3 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-3 Rate and (B) the outstanding principal balance of the Class A-3 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-3 Notes on or before such preceding Distribution Date).

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

  • Class A-3 Certificates All Certificates bearing the class designation of "Class A-3".

  • 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.

  • Initial Class A-3 Note Balance means $380,000,000.

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

  • Class A-3 Note Interest Rate means a rate per annum equal to %.