A Class definition

A Class construction worker means a top grade construction worker with many years of experience and wide knowledge of technical skills relating to an area of work;
A Class. A-1 Interest Amount" in relation to a Quarterly Distribution Date and the quarterly Accrual Period ending on that Quarterly Distribution Date means an amount calculated as follows: N CA1IA = ACA1IA <-> CA1IR <-> --- 365 where:
A Class. A Certificate will not be considered "residential loans" for purposes of the residential loan requirement of Section 593(g)(4)(B) of the Code. A Class A Certificate held by another REMIC will be a "qualified mortgage" within the meaning of Section 860G(a)(3) of the Code, assuming it is transferred to the REMIC on its startup day in exchange for regular or residual interests in such REMIC.

Examples of A Class in a sentence

  • Shares of Class A, Class C, Class R, Class R6 and Advisor Class may be exchanged for shares of another investment company within the Franklin Templeton Group of Funds according to the terms and conditions stated in each fund’s prospectus and SAI, as may be amended from time to time, to the extent permitted by the 1940 Act, and the rules and regulations adopted thereunder.

  • The Board of Directors shall be divided into three classes: Class A, Class B and Class C.

  • The Rule 12b-1 Plans for the Class A, Class C and Class R Shares shall operate in accordance with the Conduct Rules of the Financial Industry Regulatory Authority, or any successor thereto.

  • The Class C director shall then appoint additional Class A, Class B and Class C directors, as necessary.

  • A Class shares of each Fund shall pay the Advisor, as paying agent for the Fund, for the expenses of individual shareholder services and distribution expenses incurred in connection with providing such services for shares of the Fund, as provided in the A Class Plan, at an aggregate annual rate of .25% of the average daily net assets of such class.


More Definitions of A Class

A Class. A" Mechanic's Licence. All employees in the plant may apply for transfer to department: Administrator Similarly, employees in this department may apply for transfer to other departments in the plant (Skilled Trades employees in this department may apply for transfer back to their respective trade).
A Class. A" pilot may enter balance preferences at any time by telephone contact or voicemail with CCS, or the CAMS free-form balance request (JXMVP). Initial balancing will normally commence on the twenty-third (23rd) of the month prior to the bid month. Notwithstanding the provisions of Section 9(B)(5), a Class "A" pilot may request that his/her balance preference be added to the JXMVP list at any time during the month.
A Class. A", "M" or "B" pilot may accept or reject assignment to a Red Time flight, at his/her sole discretion.
A Class. A-2 Note shall become void in its entirety unless surrendered for payment within 10 years of the Relevant Date in respect of any payment on it the effect of which would be to reduce the relevant Stated Amount (in the case of final maturity, if applicable) or the relevant Invested Amount of that Class A-2 Note to zero. After the date on which a Class A-2 Note becomes void in its entirety, no claim may be made in respect of it.
A Class. As defined in the Prospectus.
A Class. C Member may with the consent of the Trustees and the Employer elect at any time before the date on which benefits commence or are transferred out of the Scheme or the Member reaches the age of 75 (whichever is earliest) to be treated as having become a Class A Member.
A Class. CE Shortfall Amount payable from interest collections shall be allocated pro rata among such Certificates based on the amount of interest otherwise payable to such Certificates, and a Class CE Shortfall Amount payable from principal collections shall be allocated to the most subordinate Class of Certificates with an outstanding principal balance to the extent of such balance. In addition, pursuant to such notional principal contract, the Holder of the Class CE Certificates shall be treated as having agreed to pay Net WAC Rate Carryover Amounts to the Holders of the Certificates (other than the Class CE, Class P and Residual Certificates) in accordance with the terms of this Agreement. Any payments to the Certificates from amounts deemed received in respect of this notional principal contract shall not be payments with respect to a Regular Interest in a REMIC within the meaning of Code Section 860G(a)(1). However, any payment from the Certificates (other than the Class CE, Class P and Residual Certificates) of a Class CE Shortfall Amount shall be treated for tax purposes as having been received by the Holders of such Certificates in respect of their interests in the Upper Tier REMIC and as having been paid by such Holders to the Trust pursuant to the notional principal contract. Thus, each Certificate (other than the Class P and Residual Certificates) shall be treated as representing not only ownership of Regular Interests in the Upper Tier REMIC, but also ownership of an interest in, and obligations with respect to, a notional principal contract.