Examples of Class C Certificate in a sentence
The California Public Utilities Code 5371.3 requires outfitters providing transportation services incidental to commercial river rafting to have a Class C Certificate issued by the California Public Utilities Commission (PUC).
An applicant seeking a Class C Certificate to operate vehicles will not be required to publish a notice of filing.HISTORY: Amended by State Register Volume 17, Issue No. 5, Part 3, eff May 28, 1993; State Register Volume 18, Issue No. 3, eff March 25, 1994; State Register Volume 19, Issue No. 5, eff May 26, 1995; State RegisterVolume 22, Issue No. 6, Part 3, eff June 26, 1998; State Register Volume 32, Issue No. 5, eff May 23, 2008.
Publication of Notice of Filing.Public notice will be given when any application for a Certificate of PC&N or FWA or to amend a Certificate of PC&N or FWA has been filed with the commission, except for applications seeking a Class C Certificate of PC&N.
Applied Realized Loss Amount: With respect to any Distribution Date, the amount, if any, by which, the sum of (i) the Aggregate Certificate Principal Balance and (ii) the Class C Certificate Principal Balance after distributions of principal on such Distribution Date exceeds the aggregate Stated Principal Balance of the Mortgage Loans as of such Distribution Date.
The Trustee and, by acceptance of any Class C Certificate, each Certificateholder thereof, agrees to be bound by all of the provisions of the Intercreditor Agreement, including the subordination provisions of Section 9.09 thereof.