Class A-19 Certificate definition
Examples of Class A-19 Certificate in a sentence
CLASS A-19 CERTIFICATEHOLDER: The registered holder of a Class A-19 Certificate.
Class A-19 Certificateholder: The registered holder of a Class A-19 Certificate.
Distributions will be made in immediately available funds to Owners of Certificates having an aggregate original Class A-19 Certificate Principal Balance of at least $1,000,000 (by wire transfer or otherwise) to the account of an Owner at a domestic bank or other entity having appropriate facilities therefor, if such Owner has so notified the Trustee, or by check mailed to the address of the person entitled thereto as it appears on the Register.
The Percentage Interest of each Class A-19 Certificate as of any date of determination will be equal to the percentage obtained by dividing the original Certificate Principal Balance of such Class A-19 Certificate on the Startup Day by the aggregate Class A-19 Certificate Principal Balance on the Startup Day.
Lower-Tier Interest 4 has an initial balance equal to the initial balance of the sum of the Class A-17 and Class A-19 Certificate Principal Balances.
Each Owner of record of a Class A-19 Certificate will be entitled to receive such Owner's Percentage Interest in the amounts due on such Payment Date to the Owners of the Class A-19 Certificates.
Lower-Tier Interest 3 has an initial balance equal to the excess of the Group II Original Pool Balance over the sum of the Class A-17 and Class A-19 Certificate Principal Balances.