Senior Certificate definition

Senior Certificate. As defined in the Series Supplement.

Senior Certificate. Any one of the Class A Certificates or Class R Certificates, executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed to the Standard Terms as Exhibit A and Exhibit D, respectively.

Senior Certificate. Any Class A1, Class A2, Class A3, Class A4 or Class A5 Certificate.

Examples of Senior Certificate in a sentence

• In addition, each Certificateholder of a Senior Certificate agrees that unless a Certificate Insurer Default exists, the rights specifically enumerated in this Agreement may be exercised by the Certificateholders of a Senior Certificate only with the prior written consent of the Certificate Insurer.

• The Trustee shall keep a complete and accurate record of the amount of interest and principal paid in respect of any Senior Certificate from moneys received under the Certificate Insurance Policy.

• The National Senior Certificate: A Qualification on Level 4 of the National Qualifications Framework (NQF) provides the requirements for promotion at the end of Grades 10 and 11 and the awarding of the National Senior Certificate at the end of Grade 12.

• As a result of the foregoing, the amount of distributions and taxable income on the REMIC Regular Interest corresponding to a Senior Certificate and Subordinate Certificate may exceed the actual amount of distributions on the Senior Certificate and Subordinate Certificate.

• Admission requirements:A National Senior Certificate and complying with the minimum requirements for admission to a bachelor‟s degree.

More Definitions of Senior Certificate

Senior Certificate. Any one of the Class 1A, Class 2A-1, Class 2A-2, Class X-1A, Class X-1B, Class X-2, Class X-B or Class A-R Certificates.

Senior Certificate. Any Class A Certificate.

Senior Certificate means any Class A-1, Class X-0, Xxxxx X-0, Class A-AB, Class A-4, Class A-1A, Class X-CL or Class X-CP Certificate.

Senior Certificate. Any Class A (other than the Class A-S Certificates) and Class X Certificate.

Senior Certificate. Any Class A-1, Class A-2 or Class IO Certificate.

Senior Certificate. Any one of the Class A-1, Class A-2, Class A-3, Class X-A, Class X-B or Class A-R Certificates.

Senior Certificate. Any Group 1 Senior Certificate or Group 2 Senior Certificate.