Classes definition

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Classes. The Offered Certificates shall be issued with the following Class designations, interest rates and principal balances, subject in the aggregate to the variance referred to in Section 1(a): Class Principal Interest Purchase Price Class Balance Rate Percentage ----- ------- ---- ---------- Class M $5,646,000 6.50% 98.09485% Class B1 2,824,000 6.50% 96.35413% Class B2 1,882,000 6.50% 90.76311%

Classes means, with respect to the Trust (of any Series thereof), any unissued Shares of the Trust (or such Series) in respect of which the Trustees shall from time to time fix and determine any special provisions relating to sales charges, any rights of redemption and the price, terms and manner of redemption, special and relative rights as to dividends and other distributions and on

Examples of Classes in a sentence

The Indenture Trustee will, on Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below.
When any one or more Classes is to vote separately from any other Classes of Shares, holders of one-third of the Shares entitled to vote of each such Class shall constitute a quorum at a Shareholders’ meeting of that Class.
Shares may be issued in different Classes and/or series of beneficial interests.
Subject to the provisions of the 1940 Act and provisions of this Declaration, the Trustees shall have the power and authority to provide that the Shareholders of any Class shall have the right to convert such Shares for Shares of one or more other Classes.
Such Person shall then be asked to provide certain mandatory fields such as the individual’s name, the company name and email address, as well as certain optional fields such as address, phone, and Class(es) of Certificates owned.

More Definitions of Classes

Classes means, with respect to any Series, any unissued Shares of such Series in respect of which the Trustees shall from time to time fix and determine any special provisions relating to sales charges, any rights of redemption and the price, terms and manner of redemption, special and relative rights as to dividends and other distributions and on liquidation, sinking or purchase fund provisions, conversion rights, and conditions under which the Shareholders of such Class shall have separate voting rights or no voting rights.

Classes means any class or classes of Shares as may from time to time be issued by the Company.

Classes have the meaning set forth in the preamble to this Agreement.

Classes means a series of Shares within a Sub-Fund, which may differ from other Classes in respect of its charging structure, distribution policy, hedging policy, investment policy or other specific features as described herein.

Classes means, where the applicable Issue Terms specify Classes in respect of a Series, such classes as are specified in such Issue Terms and “Class” shall be construed accordingly;

Classes. The Offered Certificates shall be issued with the following Class designations, interest rates and principal balances, subject in the aggregate to the variance referred to in Section 1(a) and, as to any particular Class, to an upward or downward variance of up to 5%: Principal Interest Class Purchase Class Balance Rate Price Percentage ----- ------- ---- ---------------- B-1 $4,648,000.00 Variable(1) 100.347656250% B-2 $1,972,000.00 Variable(1) 99.632812500% B-3 $1,127,000.00 Variable(1) 98.042968750% (1) The interest rates for these classes of Certificates are variable and will be calculated as described in the Prospectus Supplement.

Classes means a portion of Shares of a Series of the Trust established in accordance with the provisions of ARTICLE III hereof.