Examples of Class A-2 Trust in a sentence
Each Certificateholder of a Class A-2 Certificate, by its acceptance of its Class A-2 Certificate or a beneficial interest therein, agrees to treat the Class A-2 Trust as a grantor trust for all United States federal, state and local income tax purposes.
The ten Classes of Trust Notes which will be issued are the Class A1a Trust Notes, the Class A1b Trust Notes, the Class A1c Trust Notes, the Class A2 Trust Notes, the Class B Trust Notes, the Class C Trust Notes, the Class D Trust Notes, the Class E Trust Notes, the Class F Trust Notes and the Class G Trust Notes.
The Borrower shall, for federal income tax purposes, treat any Advances as a loan to the Subordination Agent on behalf of the Class A-2 Trust, unless otherwise required by law.
The Trustee shall not be authorized or empowered to do anything that would cause the Class A-2 Trust to fail to qualify as a grantor trust for such tax purposes (including as subject to this restriction, acquiring any Aircraft by bidding the Equipment Notes relating thereto or otherwise, or taking any action with respect to any such Aircraft once acquired).
Each Certificate represents a Fractional Undivided Interest in the Class A-2 Trust created hereby.