Class of certificates definition

Class of certificates means a certificate with the following characteristics:

Class of certificates or “Class” means either the Class A Certificates or Class B Certificates.

Class of certificates proportionate share (in the same proportion that the amount of unused Deposits with respect to such Class of Certificates bears to the unused Deposits with respect to all Classes of Certificates, disregarding for this purpose unused Deposits attributable to any Non-Delivery Redemption Amount) of the Par Redemption Amount and (y) the portion of the Non-Delivery Redemption Amount attributable to such Class, were issued, on each remaining Regular Distribution Date for such Class under the Assumed Amortization Schedule over (ii) the scheduled payment of principal and interest to maturity of the Equipment Notes actually acquired by the Pass Through Trustee for such Class on each such Regular Distribution Date, such present value computed by discounting such excess on a semiannual basis on each Regular Distribution Date (assuming a 360-day year of twelve 30-day months) using a discount rate equal to the Adjusted Treasury Yield over (b) the amount of such unused Deposits to be (and that have been) distributed to the holders of such Certificates minus the sum of (x) such Class of Certificates' proportionate share of the Par Redemption Amount and (y) the portion of the Non-Delivery Redemption Amount attributable to such Class, plus accrued and unpaid interest on such net amount to but excluding such date of determination from and including the preceding Regular Distribution Date (or if such date of determination precedes the first Regular Distribution Date, the Issuance Date).

Examples of Class of certificates in a sentence

• Under the PSAs, the Trustee is required to make monthly distributions to each Class of certificates on a defined Distribution Date.

• Unlike IPP 2-10, which requested a list of all contracts with terms in excess of three years that the Company has entered into for the purchase of energy, capacity of RECs and specific detail for each such arrangement including the pricing terms for each product and a copy of each such contract, IPP 2-46 requests PSNH to provide the number and REC Class of certificates that it expects to receive and the facility associated with the REC production.

• Column 1 Item Column 2 Length of vesselColumn 3 Class of certificates Certificated officers in charge of engineering watches on fishing vessels of 350 kW or more operating within the defined fishing zone 11.

• Community Service: If required by HUD regulations, this agency will implement any required community service program.

• Classes of Certificates.(a) "Class of certificates" means a certificate with the following characteristics: (1) specific job duties or functions associated with the certificate;(2) standards established by the State Board for Educator Certification (SBEC) for the issuance of the certificate; and(3) comprehensive examination(s) prescribed by the SBEC as specified in §230.21 of this title.

More Definitions of Class of certificates

Class of certificates means a certificate with the following characteristics: (1) specific job duties or functions associated with the certificate;

Class of certificates means the Certificate Principal Balances of all Certificates in such Class.

Class of certificates means a certificate with the follow- ing characteristics: