Class A Certificateholders definition

Class A Certificateholders. Collectively, the Holders of the Class A Certificates.

Examples of Class A Certificateholders in a sentence

  • Notwithstanding anything to the contrary herein, Class A Additional Interest shall be payable or distributed to the Class A Certificateholders only to the extent permitted by applicable law.

  • The share of the Monthly Servicing Fee allocable to the Class A Certificateholders with respect to any Distribution Date (the “Class A Servicing Fee”) shall be equal to one-twelfth of the product of (a) the Class A Floating Percentage, (b) the Servicing Fee Rate and (c) the Servicing Base Amount.

  • The Class M Certificateholders are deemed to have granted a security interest in such amounts to the Class A Certificateholders to secure the rights of the Class A Certificateholders to receive distributions in priority over the Class A Certificateholders.

  • The rights of the Class M Certificateholders to receive distributions in respect of the Class M Certificates on any Distribution Date shall be subordinated to the rights of the Class A Certificateholders to receive distributions in respect of the Class A Certificates.

  • Class A Monthly Principal deposited to the Collection Account for distribution to Class A Certificateholders $0.00 2.


More Definitions of Class A Certificateholders

Class A Certificateholders means the Persons in whose names a Class A Certificate is registered in the Certificate Register.
Class A Certificateholders. Interest" shall mean, with respect to any date, the portion of the Series 2001-1 Certificateholders' Interest evidenced by the Class A Certificates.
Class A Certificateholders. Distributable Amount" means, with respect to any Distribution Date, the sum of the Class A Certificateholders' Principal Distributable Amount and the Class A Certificateholders' Interest Distributable Amount.
Class A Certificateholders. Interest Carryover Shortfall" means, with respect to any Distribution Date and the Class A Certificates, the excess of the Class A Certificateholders' Interest Distributable Amount for the preceding Distribution Date, over the amount in respect of interest that was actually deposited in the Class A Note Distribution Account on such preceding Distribution Date, plus interest on the amount of interest due but not paid to Class A Certificateholders on the preceding Distribution Date, to the extent permitted by law, at the Interest Rate borne by the Class A Certificates from such preceding Distribution Date to but excluding the current Distribution Date.
Class A Certificateholders. Percentage" means (i) for each Distribution Date other than a Distribution Date on which the Class A Certificates are paid in full, 94%, or (ii) for any Distribution Date after the Distribution Date on which the Class A Certificates are paid in full, zero.
Class A Certificateholders. Interest" shall mean that portion of the Certificateholders' Interest evidenced by the Class A Certificates.
Class A Certificateholders. (including the Certificate Insurer as subrogee of the Class A Certificateholders) based exclusively on the computer tape and other information prepared by the Servicer pursuant to Section 6.07, indicating with respect to the immediately succeeding Payment Date: