Examples of Class 2A4 Certificates in a sentence
Group 2 Certificates The Class 2-A-1, Class 2-A-2, Class 2-A-3 and Class 2-A-4 Certificates.
Inverse Floating Rate Certificates The Class 2-A-2 and Class 2-A-4 Certificates.
On each Distribution Date, the Class 2-A-M4 Interest shall receive a distribution in respect of interest in an amount equal to the sum of (i) the Interest Distribution Amount for the Class 2-A-4 Certificates to the extent actually distributed thereon and (ii) the Interest Distribution Amount on the Class 2-A-IO Certificates to the extent actually distributed thereon pursuant to clause (ii) of the definition of Class 2-A-IO REMIC Pass-Through Amount.
After the Senior Credit Support Depletion Date, on any Distribution Date on which the Class 2-A-4 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-4 Certificates will be reduced by the Class 2-A-4 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-3 Certificates will not be reduced by the Class 2-A-4 Loss Allocation Amount.
The Certificates will consist of twenty-three Classes of Certificates, designated as (i) the Class 1-A-1 Certificates, (ii) the Class 2-A-1, Class 2-A-2, Class 2-A-3 and Class 2-A-4 Certificates, (iii) the Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8 and Class M9 Certificates, (iv) the Class B1, Class B2-A, Class B2-B, Class B2-C and Class B2-D Certificates, (iv) the Class C Certificates, (v) the Class P Certificates and (vi) the Class R and Class RX Certificates.
Anything in this Agreement to the contrary notwithstanding, for purposes of this Section 12.03, any payment with respect to principal of or interest on the Class 2-A-4 Certificates that is made with monies received pursuant to the terms of the Certificate Policy shall not be considered payment of the Class 2-A-4 Certificates from the Trust Fund.
After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-5 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-5 Certificates will be reduced by the Class 2-A-5 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balances of the Class 2-A-1, Class 2-A-2, Class 2-A-3 and Class 2-A-4 Certificates will not be reduced by the Class 2-A-5 Loss Allocation Amount.
Any increase in the Class Certificate Balance allocated to the Class 2-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 2-A-4 Certificates.
Notwithstanding the foregoing, on any Distribution Date in which the sum of the Class 2-A-3 Loss Amount and Class 2-A-4 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-6 Certificates prior to any reduction for the Class 2-A-6 Loss Allocation Amount, such excess will be distributed pro rata in reduction of the Class Certificate Balances of the Class 2-A-3 and Class 2-A-4 Certificates.
Notwithstanding the foregoing, if on any Distribution Date the Current Principal Amount of each Class of Group 2 Senior Certificates (other than the Class 2-A-4 Certificates and the Component P-2) has been reduced to zero, the Class 2-A-4 Optimal Principal Amount shall equal the Group 2 Senior P&I Optimal Principal Amount to the extent not distributed on such Distribution Date to other Classes of Group 2 Senior Certificates or Residual Certificates.