Class A-1 Certificate Insurance Policy definition

Class A-1 Certificate Insurance Policy. The Financial Guaranty Insurance Policy No. [ ] and all endorsements thereto dated the Closing Date, issued by the Class A-1 Insurer for the benefit of the Class A-1 Certificateholders.
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Class A-1 Certificate Insurance Policy means the certificate guaranty insurance policy no., and all endorsements thereto dated the Closing Date, issued by the Certificate Insurer for the benefit of the Class A-1 Certificateholders, a copy of which is attached hereto as Exhibit A-1. The Certificate Insurance Policy shall not benefit the Additional Certificate.
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Class A-1 Certificate Insurance Policy. The Ambac Assurance Corporation Certificate Guaranty Insurance Policy No. AB0818BE, and all endorsements thereto dated the Closing Date, issued by the Class A-1 Certificate Insurer for the benefit of the Class A-1 Certificateholders.
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Examples of Class A-1 Certificate Insurance Policy in a sentence

  • Anything herein to the contrary notwithstanding, any payment with respect to principal of or interest on the Class A-1 Certificates which is made with moneys received pursuant to the terms of the Class A-1 Certificate Insurance Policy shall not be considered payment of the Class A-1 Certificates from the Trust Fund.

  • No purchase under this Section 11.01 will be permitted without the prior written consent of the Class A-1 Insurer, unless no draw on the Class A-1 Certificate Insurance Policy would be made and no amounts due to the Class A-1 Insurer would remain unreimbursed on the final Distribution Date.

  • Unless the Class A-1 Credit Enhancement Distribution Amount is transferred to the Certificate Account prior to the related Remittance Date, the Insured Payment shall be deposited directly into the Certificate Account in accordance with the Notice and the Class A-1 Certificate Insurance Policy.

  • Notwithstanding the foregoing, no amendment to this Agreement shall be made without the prior written consent of the Class A-1 Certificate Insurer until the later of (a) the date on which the Class Certificate Balance of the Class A-1 Certificates is reduced to zero and (b) the date on which all amounts owing to the Class A-1 Certificate Insurer under the Class A-1 Certificate Insurance Policy and the Insurance Agreement have been paid in full.

  • Notwithstanding the foregoing, in the event any Class A-1 Certificates remain outstanding, any amendment to this Agreement shall require the prior written consent of the Class A-1 Certificate Insurer if such amendment adversely affects in any respect the rights or interest of the Class A-1 Certificate Insurer or of the Class A-1 Certificateholders (without regard to the Class A-1 Certificate Insurance Policy).

  • Amounts paid under the Class A-1 Certificate Insurance Policy, to the extent needed to pay the Insured Amount, shall be transferred to the Distribution Account on the related Distribution Date and disbursed by the Securities Administrator to the Class A-1 Certificateholders in accordance with Section 4.02.

  • Amounts paid under the Class A-1 Certificate Insurance Policy shall be transferred to the Distribution Account in accordance with the next succeeding paragraph and disbursed by the Trustee to Holders of Class A-1 Certificates in accordance with this Section 4.07(b) (or, in the case of an amount in respect of a Preference Claim, to the related Holders of Class A-1 Certificates as contemplated in Section 4.07(d)).

  • Such notice of such Class A-1 Certificate Insured Amount shall be confirmed in writing in the form set forth as Exhibit A to the Endorsement to the Class A-1 Certificate Insurance Policy, to the Class A-1 Certificate Insurer and the Fiscal Agent (as defined in the Class A-1 Certificate Insurance Policy), if any, at or before 12:00 p.m., New York time, on the second Business Day prior to such Distribution Date.

  • No such purchase will be permitted without the consent of the Class A-1 Certificate Insurer, if the resulting amount available for payment on the Class A-1 Certificates would result in a claim under the Class A-1 Certificate Insurance Policy or any Reimbursement Amounts would remain unpaid to the Class A-1 Certificate Insurer.

  • No such purchase will be permitted without the consent of the Class A-1 Certificate Insurer, if the resulting amount available for payment on the Class A-1 Certificates would result in a draw under the Class A-1 Certificate Insurance Policy or any Reimbursement Amounts would remain unpaid to the Class A-1 Certificate Insurer.

Related to Class A-1 Certificate Insurance Policy

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Class A-1 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-1 hereto.

  • Class A-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class A-1 Certificates.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Class A-2 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-2 hereto.

  • Class A Certificate Group The Group I Class A Certificates or the Group II Class A Certificates, as applicable.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

  • Class M-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class M-1 Certificates.

  • Class M-2 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class M-2 Certificates.

  • Class A-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-6 and Exhibit C hereto.

  • Class A-3 Certificates All Certificates bearing the class designation of "Class A-3".

  • Class A-3 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-3 hereto.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Class I-A-1 Certificate Any Certificate designated as a "Class I-A-1 Certificate" on the face thereof, in the form of Exhibit A-1 hereto, representing the right to the Percentage Interest of distributions provided for the Class I-A-1 Certificates as set forth herein and evidencing a Regular Interest in REMIC II.

  • Class A-4 Certificates All Certificates bearing the class designation of "Class A-4".

  • Class A-4 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-4 hereto.

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Class A-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-5 and Exhibit C hereto. Class A-5 Certificateholder: The registered holder of a Class A-5 Certificate.

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class A-7 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-7 and Exhibit C hereto.

  • Class A-8 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Class B-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.

  • Group 2 Certificates As specified in the Preliminary Statement.