Examples of Lockout Certificates in a sentence
Lockout Certificates The Class 1-A-4 and Class 1-A-5 Certificates.
Lockout Certificates The Class 1-A-4, Class 1-A-7, Class 1-A-11, Class 2-A-3, Class 2-A-4, Class 3-A-13, Class 3-A-14 and Class 3-A-15 Certificates.
Lockout Certificate Percentage -- A percentage calculated for each distribution date equal to the aggregate Certificate Principal Balance of the Lockout Certificates divided by the sum of the aggregate Certificate Principal Balances of the Class A-I Certificates.
S-46 Notwithstanding the foregoing, if the Certificate Principal Balances of the Class A-I Certificates, other than the Lockout Certificates, have been reduced to zero, the Lockout Distribution Percentage will be equal to 100%.
Notwithstanding the foregoing, if the Certificate Principal Balances of the Group II Class A Certificates (other than the Group II Lockout Certificates) have been reduced to zero, the Group II Lockout Distribution Percentage will be equal to 100%.