Class A-2 Bonds definition

Class A-2 Bonds means the Bonds so designated under the Indenture and issued pursuant thereto.

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Class A-2 Bonds. The Class A-2 Bonds in the form attached as Exhibit A-1 to the Indenture.

Class A-2 Bonds means the Class A-2 secured fixed rate bonds due 2028 to be issued by the Issuer “Class B Bonds” means the Class B secured fixed rate bonds due 2028 to be issued by the Issuer “Clean-up Date” has the meaning given to it in the section “Terms and Conditions of the Class B

Examples of Class A-2 Bonds in a sentence

• The Indenture Trustee shall upon Issuer Request authenticate and deliver the Class A-1 and Class A-2 Bonds for original issue in an aggregate initial principal amount of $186,079,669.00.

• In addition, to the extent the amounts payable pursuant to Section 3.05 or Section 5.02 exceed amounts available therefor, the Reserve Fund Release Amount shall be allocated to the Class A-1 Bonds and the Class A-2 Bonds pro rata based on the remaining shortfall after allocation of all other available funds.

• On each Payment Date, any payments received by the Indenture Trustee in respect of the Guaranty Agreement shall be paid to the Holders of the Class A-2 Bonds.

• Dated: February 26, 1999 IMPAC CMB TRUST SERIES 1999-1 BY: WILMINGTON TRUST COMPANY, not in its individual capacity but solely in its capacity as Owner Trustee By:_______________________________________ Authorized Signatory INDENTURE TRUSTEE'S CERTIFICATE OF AUTHENTICATION This is one of the Class A-2 Bonds referred to in the within-mentioned Indenture.

• With respect to the Class A-2 Bonds, the certificate guaranty insurance policy number #AB0236BE, issued by the Bond Insurer to the Indenture Trustee for the benefit of the Class A-2 Bondholders.

• Initially, the Class A-2 Bonds will be represented by one bond registered in the name of CEDE & Co. as nominee of DTC, acting in its capacity as the Depository for the Bonds.

• The interest rate for the Class A-2 Bonds (the "Class A-2 Interest Rate") on each Payment Date after the first Payment Date and up to and including the Payment Date on which the Issuer is permitted to exercise its option to redeem the Bonds will be equal to the lesser of (i) a per annum floating rate equal to the Fed Funds Average Rate (as defined in the Master Servicing Agreement), for the related Interest Accrual Period plus, 0.54% and (ii) 10% per annum.

• The Class A-1 Bonds shall be issued in an aggregate initial principal amount of $260,000,000, the Class A-2 Bonds shall be issued in an aggregate initial principal amount of $64,000,000, the Class M-1 Bonds shall be issued in an aggregate initial principal amount of $32,000,000, the Class M-2 Bonds shall be issued in an aggregate initial principal amount of $21,000,000 and the Class B Bonds shall be issued in an aggregate initial principal amount of $20,000,000.

• Amounts paid under the Bond Insurance Policy shall be transferred to the Payment Account in accordance with the next succeeding paragraph and disbursed by the Indenture Trustee to Holders of Class A-1 Bonds and Class A-2 Bonds in accordance with Section 3.05 or Section 8.04, as applicable.

• The Bonds shall be issuable as registered Class A-1 Bonds or Class A-2 Bonds and shall be issuable in a minimum initial Class A-1 Bond Principal Balance or Class A-2 Bond Principal Balance, as the case may be, of $25,000 and in integral multiples of $1 in excess thereof.

More Definitions of Class A-2 Bonds

Class A-2 Bonds the class of Bonds identified as the "Class A-2 Bonds" in the Indenture, substantially in the form of Exhibit B to the Indenture.

Class A-2 Bonds. Class S Bonds," "Class A-3 Bonds," "Class B Bonds," "Class C Bonds," "Class D Bonds," "Class E Bonds," "Class F Bonds," "Class G Bonds," "Class H Bonds," and "Class X Bonds," respectively, and secured by, among other things, a lien on the Trust Estate, and distributing such Bonds or the proceeds from the sale thereof to the Depositor, (iii) issuing the Ownership Certificate evidencing the entire beneficial ownership interest in the Trust, (iv) consummating certain transactions contemplated by, and performing its obligations under, the Operative Agreements, and (v) engaging in certain activities incidental to the foregoing.

Class A-2 Bonds. The Issuer's Collateralized Home Equity Bonds, Series 1999-2, Class A-2.