Class A Collateral definition

Class A Collateral means the types of securities shown on Schedule 1.1 under the heading “Class A Collateral” which (a) have the required rating as set forth on Schedule 1.1, (b) are capable of being marked to market on a daily basis, (c) are held in the Collateral Account and (d) are denominated in Dollars or Pounds.

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Class A Collateral is "Class A" or "Class B".

Class A Collateral means Securities Collateral consisting of any of the following types:

Examples of Class A Collateral in a sentence

• It is the intent of the Company and the Noteholders that, for Federal, state and local income and franchise tax purposes only, the Class A-1 Notes will evidence indebtedness of the Company secured by the Class A Collateral.

• The Class A Notes are and will be equally and ratably secured by the Class A Collateral pledged as security therefor as provided in the Indenture and the Series 2001-2 Supplement.

• The term "Collateral Value" shall mean, as of any date of determination, the sum of (i) the Class A Collateral Value as of such date plus (ii) the Fair Market Value of the common stock of CKB Petroleum, Inc.

• The Class A Collateral Amount shall at no time exceed the Maximum Class A Collateral Amount.

• Each delivery of Pledged Stock shall be accompanied by a schedule describing the securities theretofore and then being pledged hereunder and stating whether such securities at the time constitute Class A Collateral or Class B Collateral, which schedule shall be attached hereto as Schedule II and made a part hereof.

• Upon such payment, the Class A Collateral Amount shall decrease by an amount equal to the principal amount of the interest conveyed, and the Excess Collateral Amount shall automatically decrease to an amount so that the Excess Collateral Amount (after such decrease) shall equal the Required Excess Collateral Amount Percentage of the Collateral Amount (after such decrease).

• The Class A Notes will have --------------------------------- a maximum aggregate principal amount equal to the Portfolio Sublimit (as defined in the Note Purchase Agreement) (the "Maximum Class A Collateral Amount"), which --------------------------------- represents the maximum Class A Collateral Amount pursuant to this Indenture Supplement.

More Definitions of Class A Collateral

Class A Collateral means all Collateral other than Class B Collateral.

Class A Collateral means the Collateral, the Master Collateral allocable to the Class A Notes and the Class A Distribution Account Collateral.

Class A Collateral means (a) any and all "Collateral" as defined in any applicable Class A Security Document and (b) any and all other assets of whatever nature, tangible or intangible, now owned or existing or hereafter acquired or arising in which the Collateral Agent has been granted a Lien or security interest, or that have been assigned to the Collateral Agent, to secure any Class A Obligations pursuant to any Class A Security Document.

Class A Collateral means all collateral pledged to the Forbearing Party pursuant to the Class A Pledge Agreements.

Class A Collateral means the Series 1996-1 Collateral and the Class A Distribution Account Collateral.