Lockout Certificates definition

Lockout Certificates. The Class A-5 Certificates.
Lockout Certificates. The Class A-7 Certificates.
Lockout Certificates. The Class I-A-4 Certificates and Class I-A-6 Certificates.

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%.


More Definitions of Lockout Certificates

Lockout Certificates. The Class A-3 Certificates.
Lockout Certificates. Any one of the Class A-4 Certificates.
Lockout Certificates. The Class A-8 Certificates and Class A-9 Certificates.
Lockout Certificates. Any one of the Certificates designated as a Class A-6 Certificate.
Lockout Certificates. Any one of the Class A-8 Certificates.
Lockout Certificates. Any one of the Class A-13 or Class A-14 Certificates.
Lockout Certificates. Any of the Class 2-A3 or Class 2-A9 Certificates.