Examples of A-2 Certificates in a sentence
The amount paid by the Guarantor will be used to pay down the remaining Class Principal Amounts of, and any unpaid interest on, the Class A-1 and Class A-2 Certificates.
As indicated above, holders of approximately 97.69% of the outstanding principal amount of Class A-2 Certificates have already voted in favor of the proposed settlement.
The Trustee further notes that Certificateholders collectively holding approximately 97.69% of the aggregate outstanding principal amount of Class A-2 Certificates (which are backed primarily by Group Two Mortgage Loans) responded to the Solicitation and they all voted in favor of the Settlement Offer.
As described more fully in this Offering Circular, the Class A-1 and Class A-2 Certificates will represent ownership of the “regular interests” in the Class A Certificate REMIC Pool and certain other rights.
As described under “Freddie Mac Guarantee” above, Freddie Mac will reimburse the holders of the Class A-1 and A-2 Certificates for any losses allocated to such classes on the date such losses are allocated.
One-Month LIBOR plus 2.00% and (ii) 7.00%; (b) the Class A-1 Certificates for each Distribution Date, a per annum rate equal to 3.50%; (c) the Class A-2 Certificates for each Distribution Date, a per annum rate equal to 3.50%; (d) the Class A Certificates for each Distribution Date, a per annum rate equal to 3.50%; or (e) the Subordinate Certificates for each Distribution Date, a per annum rate equal to the lesser of (i) 3.00% and (ii) the Subordinate Certificates Net WAC for such Distribution Date.
Only the Class A-1 and Class A-2 Certificates are offered by this Offering Circular.
Investors in the Class A1 and Class A2 Certificates should note that although Realized Losses cannot be allocated to the Class A1 and Class A2 Certificates, under certain loss scenarios there will not be enough principal and interest on the Mortgage Loans on a Distribution Date to pay the Class A1 and Class A2 Certificates all interest and principal amounts, as applicable, to which they are then entitled.
Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class A-2 Certificates or otherwise, the Maximum Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower).
Observations of sunspots during the Maunder minimum (1645–1715) are particularly interesting and they show the solar cycle during this period of Grand Minimum of solar activity.