Examples of Class G Trust in a sentence
The ten Classes of Trust Notes which will be issued are the Class A1a Trust Notes, the Class A1b Trust Notes, the Class A1c Trust Notes, the Class A2 Trust Notes, the Class B Trust Notes, the Class C Trust Notes, the Class D Trust Notes, the Class E Trust Notes, the Class F Trust Notes and the Class G Trust Notes.
The Class G Trust Note Holder will not receive any interest unless Secure Funding has sufficient funds to make all payments ranking in order of priority ahead of the payment of interest to the Class G Trust Note Holder.
The rights of Liberty Funding as the Class G Trust Note Holder to receive interest will be subordinated in priority of payments to the rights of Liberty Funding as the Class A Trust Note Holder, the Class B Trust Note Holder, the Class C Trust Note Holder, the Class D Trust Note Holder, the Class E Trust Note Holder and the Class F Trust Note Holder to receive interest.
The Policy Provider shall not have any claim against the Trust Property for any Trust in respect of any amounts that the Policy Provider is entitled to receive by virtue of the subrogation rights of the Policy Provider under the Escrow and Paying Agent Agreement for the Class G Trust, including, without limitation, fees and expenses incurred in connection with the enforcement of such rights.
The rights of the Class G Trust Note Holder to receive principal repayments will be subordinated to the rights of the Class A Trust Note Holder, the Class B Trust Note Holder, the Class C Trust Note Holder, the Class D Trust Note Holder, the Class E Trust Note Holder and the Class F Trust Note Holder to receive principal payments.