IE Class definition

IE Class means the ‘International Efficiency’ classification of motors and other
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Examples of IE Class in a sentence

  • The Class I-E, Class X and Residual Certificates may not be acquired or transferred to a transferee for or on behalf of a Plan.

  • Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.05 hereof and until the conveyance of the Mortgage Loans pursuant to Section 2.01 of the Sale and Servicing Agreement and the issuance of the Class R, Class I-E, Class C and Class X Certificates, and thereafter except as otherwise permitted hereunder, the Depositor shall be the sole Certificateholder.

  • By accepting and holding its beneficial ownership interest in a Class I-E, Class X, Class C or Residual Certificate, the Holder thereof shall be deemed to have represented and warranted that it is not a Plan.

  • The Class IA, Class IB, Class IC, Class ID, Class IE, Class IF, Class IG, Class IH, Class II, Class IJ, and Class IK Certificates shall each have Pass-Through Rates equal to the weighted average Coupon Rate of the Group I Home Equity Loans net of the sum of the Servicing Fee for Loan Group I, the Trustee Fee for Loan Group I, and the Premium Amount for Loan Group I (the sum expressed as a per annum rate on the Group Loan Balance for Loan Group I).

  • On each Distribution Date, principal collections and realized losses on the Mortgage Loans in Loan Group F shall be allocated sequentially to the Class IE, Class IA, Class IB, Class IC, and Class ID Interests until the principal balance of each such class is reduced to zero.

Related to IE Class

  • New Class Loans shall have the meaning assigned to such term in Section 9.08(f).

  • Subclass With respect to the Class A-V Certificates, any Subclass thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the Uncertificated Class A-V REMIC Regular Interest or Interests specified by the initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).

  • Group II Class A Certificates The Class A-2a Certificates, the Class A-2b Certificates, the Class A-2c Certificates and the Class A-2d Certificates, collectively.

  • Requisite Class Lenders means, at any time of determination (i) for the Class of Lenders having Revolving Loan Exposure, Lenders having or holding more than 50% of the aggregate Revolving Loan Exposure of all Lenders, and (ii) for the Class of Lenders having Term Loan Exposure, Lenders having or holding more than 50% of the aggregate Term Loan Exposure of all Lenders.

  • Class when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Revolving Loans or Swingline Loans.