Class A-4 Policy definition

Class A-4 Policy. The irrevocable Certificate Guaranty Insurance Policy, No. 39731, including any endorsements thereto, issued by MBIA with respect to the Class A-4 Certificates, in the form attached hereto as Exhibit O.
Sample 1
Class A-4 Policy. The irrevocable Financial Guaranty Insurance ---------------- Policy, No. 50554A-N, including any endorsements thereto, issued by Financial Security with respect to the Class A-4 Certificates, in the form attached hereto as Exhibit O.
Sample 1

Examples of Class A-4 Policy in a sentence

  • PROMOTIQ Consortium included in the study a methodological part on the importance of the information and communication systems, which must be harmonised and preferably should be simple.

  • However, any payments made on the Class A-4 Certificates from funds in the Class A-4 Policy Payments Account shall be noted as provided in subsection (e) below.

  • Funds received by the Trustee as a result of any claim under the Class A-4 Policy shall be used solely for payment to the Holders of the Class A-4 Certificates and may not be applied for any other purpose, including, without limitation, satisfaction of any costs, expenses or liabilities of the Trustee, the Master Servicer or the Trust Fund.

  • The Class A4 Policy Payments Account shall be an Eligible Account.

  • Funds held in the Class A4 Policy Payments Account shall not be invested by the Trustee.

  • In addition, the Trustee shall mail notice to all Holders of the Class A-4 Certificates so affected that, in the event that any such Holder's scheduled payment is so recovered, such Holder will be entitled to payment pursuant to the terms of the Class A-4 Policy a copy of which shall be made available to such Holders by the Trustee.

  • However, any payments made on the Class A4 Certificates from funds in the Class A4 Policy Payments Account shall be noted as provided in subsection (e) below.

  • The Trustee shall deposit any amount paid under the Class A-4 Policy into the Class A-4 Policy Payments Account and distribute such amount only for the purposes of making the payments to Holders of the Class A-4 Certificates in respect of the Required Distribution for which the related claim was made under the Class A-4 Policy.

  • The following criteria are required to be met before the related expenses can be capitalised as an intangible asset:The technical feasibility of completing the intangible asset so that it will be available for use or sale.

  • Any funds remaining in the Class A4 Policy Payments Account on the first Business Day after each Distribution Date shall be remitted promptly to the Certificate Insurer pursuant to the written instruction of the Certificate Insurer.

Related to Class A-4 Policy

  • Class A-3 Note Balance means, at any time, the Initial Class A-3 Note Balance reduced by all payments of principal made prior to such time on the Class A-3 Notes.

  • Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.

  • Class A-4 Note Balance means, as of any date, the Initial Class A-4 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-4 Notes.

  • Class A-4 Notes means the Class A-4 1.04% Asset Backed Notes, substantially in the form of Exhibit A.

  • Initial Class A-3 Note Balance means $380,000,000.

  • 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 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.6250%.

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

  • Class A-2a Notes means the $359,000,000 Class A-2a 5.14% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

  • Initial Class A-4 Note Balance means $75,000,000.

  • Class A-4 Note means any of the 3.11% Asset Backed Notes, Class A‑4, issued under the Indenture substantially in the form attached thereto as Exhibit A-2.

  • Class A-2 Note Balance means, at any time, the Initial Class A-2 Note Balance reduced by all payments of principal made prior to such time on the Class A-2 Notes.

  • Class A-3 Component The Component having such designation.

  • Class A-3 Note means any of the ___% Asset Backed Notes, Class A-3, issued under the Indenture.

  • Class A-2 Note means any of the 0.36% Asset Backed Notes, Class A‑2, issued under the Indenture substantially in the form attached thereto as Exhibit A-2.

  • Class A-2b Notes means the Class A-2b Floating Rate Asset-Backed Notes, substantially in the form of Exhibit A-2b to the Indenture.

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

  • 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 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 Notes means the Class A-2a Notes and the Class A-2b Notes, collectively.

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

  • Class A-4 Principal Balance as of any date means the Class A‑4 Initial Principal Balance less all amounts paid to the holders of Class A‑4 Notes in respect of principal pursuant to Section 5.06 hereof.

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

  • Class A-3 Principal Balance as of any date means the Class A‑3 Initial Principal Balance less all amounts paid to the holders of Class A‑3 Notes in respect of principal pursuant to Section 5.06 hereof.

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