first class district definition
first class district means a district organized as a school
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Related to first class district
Business district means the territory contiguous to a highway where 75 percent or more of the
Excess Distribution Unit is defined in Section 6.1(d)(iii)(A).
Excess Distribution is defined in Section 6.1(d)(iii)(A).
Class Distribution Order means an order entered by the Court authorizing and directing that the Net Settlement Fund be distributed, in whole or in part, to Authorized Claimants.
Class Distribution Amount As to each Combinable Class and Distribution Date, an amount equal to the distribution of principal and/or interest on such Distribution Date in respect of the Related REMIC Class multiplied by a fraction the numerator of which is equal to the Aggregate Denomination of such Class at the close of business on the related Record Date and the denominator of which is the original principal amount of the Related REMIC Class having the same letter designation. As to each RCR Class, the sum of (i) the Class Interest Distribution Amount for such Class and (ii) the Class Principal Distribution amount for such Class.