A-2 Noteholders definition

A-2 Noteholders means the holders of record of the A-2 Notes.

A-2 Noteholders. Class Principal Distributable Amount $________ o Class A Noteholders' Monthly Principal Distributable Amount ($________) o A-1 Noteholders' Class Principal Distributable Amount ($________) o A-2 Noteholders' Outstanding Amount ($________)

A-2 Noteholders. ] Percentage" means (i) for each Payment Date to and including the latest to occur of (x) the Payment Date on which the principal balance of the Class [A-1 Notes] is reduced to zero, (y) the ___________________, 199__ Payment Date and (z) the Payment Date on which the lesser of the full amount of the Maturity Draw or the amount of the Maturity Draw, if any, necessary to increase the amount on deposit in the Reserve Account to the Specified Reserve Account Balance is deposited into the Reserve Account, _____% and (ii) thereafter, ____%; provided, however, that if, on or after the latest occur of (x) the Payment Date on which the principal balance of the [A-1 Notes] is reduced to zero, (y) the ______________, 19__ Payment Date and (z) the Payment Date on which the lesser of the full amount of the Maturity Draw or the amount of the Maturity Draw, if any, necessary to increase the amount on deposit in the Reserve Account to the Specified Reserve Account Balance is deposited into the Reserve Account, the amount on deposit in the Reserve Account is less than the lesser of ____% of the initial Pool Balance and the sum of the outstanding principal amount of the Notes and the Certificate Balance, then, with respect to each Payment Date thereafter, the [A-2 Noteholders'] Percentage shall be _____%.

Examples of A-2 Noteholders in a sentence

• All principal payments on the Class A-2 Notes shall be made pro rata to the Class A-2 Noteholders entitled thereto.

• To the extent that any losses are incurred by the Issuer in respect of any Collateral, such losses will be borne first by the Subordinated Noteholders, then by the Class E Noteholders, then by the Class D Noteholders, then by the Class C Noteholders, then by the Class B Noteholders, then by the Class A-2 Noteholders and, finally, by the Class A-1 Noteholders.

• Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Distribution Date deposited therein pursuant to the Sale and Servicing Agreement for the benefit of (i) the Class A-1 Notes, to the Class A-1 Noteholders, (ii) the Class A-2 Notes, to the Class A-2 Noteholders, (iii) the Class A-3 Notes, to the Class A-3 Noteholders, and (iv) the Class A-4 Notes, to the Class A-4 Noteholders.

• Remedies pursued on behalf of the Class A-1 Noteholders could be adverse to the interests of the Class A-2 Noteholders, the Class B Noteholders, the Class C Noteholders, the Class D Noteholders, the Class E Noteholders and the Subordinated Noteholders.

• Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Distribution Date deposited therein pursuant to the Sale and Servicing Agreement for the benefit of (i) the Class A-1 Notes, to the Class A-1 Noteholders, (ii) the Class A-2 Notes, to the Class A-2 Noteholders, (iii) the Class A-3 Notes, to the Class A-3 Noteholders and (iv) the Class A-4 Notes, to the Class A-4 Noteholders.

More Definitions of A-2 Noteholders

A-2 Noteholders. Monthly Principal Distributable Amount: $0.00

A-2 Noteholders. Principal Carryover Shortfall ($________)

A-2 Noteholders means the holders of the A-2 Notes.

A-2 Noteholders. Monthly Principal Distributable Amount: $8,470,547.62 (19) % of Fixed Rate Principal Distribution Amount applicable to A-2 Noteholders 41.38%

A-2 Noteholders. Principal Distributable Amount $________

A-2 Noteholders. Principal Carryover Shortfall: $0.00

A-2 Noteholders. Principal Distributable Amount: $8,470,547.62