Class A-2 Corridor Contract definition

Class A-2 Corridor Contract. The confirmation and agreement, including the schedule thereto and the related credit support annex (attached as Exhibit M-4 hereto), between the Trustee on behalf of the Issuing Entity and the Cap Contract Counterparty (attached as Exhibit M-2 hereto), with respect to the Class A-2 Certificates.
Class A-2 Corridor Contract. The confirmation and agreement, including the schedule thereto, between the Securities Administrator on behalf of the Issuing Entity and the Cap Contract Counterparty (in the form of Exhibit N-2 hereto).
Class A-2 Corridor Contract. The confirmation and agreement, including the schedule thereto and the related credit support annex, between the Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust and the Cap Contract Counterparty (in the form of Exhibit N-2 hereto).

Examples of Class A-2 Corridor Contract in a sentence

  • The Class A-1 and Class A-5 Corridor Contract, the Class A-2 Corridor Contract, the Class A-4 Corridor Contract or the Class A-9 Corridor Contract, as applicable.

  • For purposes of determining the issue price of the Master REMIC regular interests, the Trustee shall assume that the Class A-1 and Class A-5 Corridor Contract, the Class A-2 Corridor Contract, the Class A-4 Corridor Contract and the Class A-9 Corridor Contract have values of $1,538,000, $130,000, $510,000 and $372,000, respectively.


More Definitions of Class A-2 Corridor Contract

Class A-2 Corridor Contract. The ISDA Master Agreement (including the Schedule thereto and the transaction evidenced by the related Confirmation by and between the Securities Administrator on behalf of the Trustee and the Corridor Contract Counterparty), for the benefit of the Class A-2 Certificates. Class A-2 Corridor Contract Payment: On each Distribution Date prior to the related Corridor Contract Termination Date, the amount required to be paid by the Corridor Contract Counterparty on behalf of Class A-2 Certificates under the Class A-2 Corridor Contract on that Distribution Date.
Class A-2 Corridor Contract. The interest rate corridor cap agreement between the Trust Fund and The Bank of New York evidenced by confirmation number 37969 relating to the Class A-2 Certificates, a form of which is attached to this Agreement as Exhibit P-1.
Class A-2 Corridor Contract. With respect to the Class A-2 Certificates, the transaction evidenced by the related Confirmation, a form of which is attached hereto as Exhibit R-1.

Related to Class A-2 Corridor Contract

  • Class A-2 Component The Component having such designation.

  • Class A-4 Component The Component having such designation.

  • 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-3 Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.8600%.

  • Class A-2C Certificate Any Certificate designated as a "Class A-2C Certificate" on the face thereof, in the form of Exhibit A hereto, representing the right to distributions as set forth herein.

  • Class A-4 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.469%.

  • Class A-5 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1156%.

  • 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-2 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.278%.

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

  • Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.

  • Class A-2B Certificate Any Certificate designated as a "Class A-2B Certificate" on the face thereof, in the form of Exhibit A hereto, representing the right to distributions as set forth herein.

  • 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-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • 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 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-V Certificate Any one of the Certificates designated as a Class A-V Certificate, including any Subclass thereof.

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

  • Class A-1 Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.0840%.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class A-2 Monthly Interest means (i) for the initial Distribution Date, $321,750.00, and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-2 Rate and (B) the outstanding principal balance of the Class A-2 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-2 Notes on or before such preceding Distribution Date).

  • Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • 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-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Class A-4 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-4 Rate and (B) the outstanding principal balance of the Class A-4 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-4 Notes on or before such preceding Distribution Date).

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