Class C Certificateholders definition

Class C Certificateholders. Interest Carryover Shortfall" shall mean, with respect to any Distribution Date, the excess of the sum of the Class C Certificateholders' Monthly Accrued Interest for the preceding Distribution Date and any outstanding Class C Certificateholders' Interest Carryover Shortfall from the close of business on such preceding Distribution Date, over the amount in respect of interest that is actually paid to Class C Certificateholders on such preceding Distribution Date, plus thirty (30) days of interest on such excess, to the extent permitted by law, at the Class C Rate.
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Class C Certificateholders. Monthly Accrued Interest" shall mean, with respect to any Distribution Date, thirty (30) days of interest (or, in the case of the first Distribution Date, interest accrued from and including the Closing Date to but excluding such Distribution Date) at the Class C Rate on the Certificate Balance of the Class C Certificates on the immediately preceding Distribution Date or the Closing Date, as the case may be, after giving effect to all distributions allocable to the reduction of the Certificate Balance of the Class C Certificates made on or prior to such preceding Distribution Date.
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Class C Certificateholders. Class C Certificates", "Class C Purchase Agreement", "Class C Trust", "Class C Trust Agreement", "Class C Trustee", "Closing Date", "Controlling Party", "Corporate Trust Office", "Delivery Period Expiry Date", "Distribution Date", "Downgraded Facility", "Equipment Notes", "Fee Letter", "Final Legal Distribution Date", "Financing Agreement", "Indenture", "Interest Payment Date", "Investment Earnings", "Leased Aircraft", "Liquidity Facility", "Liquidity Obligations", "Loan Trustee", "Xxxxx'x", "Non-Extended Facility", "Note Purchase Agreement", "Operative Agreements", "Owned Aircraft", "Participation Agreement", "Performing Equipment Note", "Person", "Pool Balance", "Rating Agency", "Ratings Confirmation", "Regular Distribution Date", "Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "Standard & Poor's", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreements", "Trustee", "Underwriters", "Underwriting Agreement", "US Airways", "US Airways Bankruptcy Event" and "Written Notice".
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Examples of Class C Certificateholders in a sentence

  • By accepting a Class C Certificate, each Class C Certificateholder hereby agrees to direct the Trustee, and the Trustee hereby is directed, to deposit into the Net WAC Rate Carryover Reserve Account the amounts described above on each Distribution Date as to which there is any Net WAC Rate Carryover Amount rather than distributing such amounts to the Class C Certificateholders.

  • The Trustee shall be entitled to withhold from amounts otherwise distributable to the Class C Certificateholders any taxes or charges payable by the Class C Certificateholders hereunder.

  • This Agreement may not be amended without the consent of all Class C Certificateholders, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement which would modify in any manner the rights of the Class C Certificateholders.

  • Upon the termination of the Trust, or the payment in full of the Class A Certificates and the Mezzanine Certificates, all amounts remaining on deposit in the Net WAC Rate Carryover Reserve Account will be released by the Trust and distributed to the Class C Certificateholders or their designees.

  • Upon request of a Servicing Officer, the Trustee shall perform such other acts as reasonably requested by the Servicer and otherwise cooperate with the Servicer in enforcement of the Certificateholders' and Class C Certificateholders' rights and remedies with respect to Contracts.

  • For federal and state income tax purposes, the Class C Certificateholders will be deemed to be the owners of the Net WAC Reserve Fund and all amounts deposited into the Net WAC Reserve Fund.

  • Any monies held in the Net WAC Reserve Fund in excess of the Required Net WAC Reserve Fund Deposit on any Distribution Date shall be distributed to the Class C Certificateholders.

  • Upon the termination of the Trust Fund, or the payment in full of the LIBOR Certificates, all amounts remaining on deposit in the Net WAC Reserve Fund will be distributed to the Class C Certificateholders or their designees.

  • The Trust shall be administered pursuant to the provisions of this Agreement for the benefit of the Certificateholders and the Class C Certificateholders.

  • If no Net WAC Rate Carryover Amounts are payable on a Distribution Date, the Trustee shall deposit into the Net WAC Rate Carryover Reserve Account on behalf of the Class C Certificateholders, from amounts otherwise distributable to the Class C Certificateholders, an amount such that when added to other amounts already on deposit in the Net WAC Rate Carryover Reserve Account, the aggregate amount on deposit therein is equal to $1,000.


More Definitions of Class C Certificateholders

Class C Certificateholders means the Holders of Class C Certificates.
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Class C Certificateholders. Monthly Accrued Interest" shall mean, with respect to any Monthly Distribution Date, thirty (30) days of interest (or, in the case of the first Monthly Distribution Date, interest accrued from and including the Closing Date to but excluding such Monthly Distribution Date) at the Class C Rate on the Certificate
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Class C Certificateholders. Class C Trust", and "Class C Trustee", as used in this Section 4.01 and in Section 9.01(16) of the Basic Agreement (as amended by this Trust Supplement), will be deemed to mean the "New Class C Certificates", the Holders of the New Class C Certificates, the trust issuing the New Class C Certificates, and the trustee for the New Class C Certificates, respectively; and (ii) following a Refunding of the Series D Equipment Notes or New Series of Series D Equipment Notes in accordance with Exhibit A to the Intercreditor Agreement, the terms "Class D Certificates", "Class D Certificateholders", "Class D Trust", and "Class D Trustee", as used in this Section 4.01 and in Section 9.01(16) of the Basic Agreement (as amended by this Trust Supplement), will be deemed to mean the "New Class D Certificates", the Holders of the New Class D Certificates, the trust issuing the New Class D Certificates, and the trustee for the New Class D Certificates, respectively.
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Related to Class C Certificateholders

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Class A Certificateholder The registered holder of a Class A Certificate.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

  • Class R Certificateholder The registered Holder of the Class R Certificate.

  • Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Junior Certificateholder The Holder of not less than 95% of the Percentage Interests of the Junior Class of Certificates.

  • REMIC III Certificateholder The Holder of any REMIC III Certificate.

  • Class D Certificateholder Has the meaning specified in Section 4.01(b)(iv) of this Trust Supplement.

  • Certificateholders' Principal Distributable Amount means, with respect to any Distribution Date, an amount equal to zero until the outstanding principal amount of each Class of Notes has been reduced to zero, and thereafter, an amount equal to the Principal Distribution Amount (as reduced by the Noteholders’ Principal Distributable Amount, if any for such Distribution Date) for such Distribution Date.

  • Applicable Certificateholder Means the Person in whose name an Applicable Certificate is registered on the Register for the Applicable Certificates.

  • Investor Certificateholder means the holder of record of an Investor Certificate.

  • Holder or Certificateholder The registered owner of any Certificate as recorded on the books of the Certificate Registrar except that, solely for the purposes of taking any action or giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, the Trustee, the Master Servicer, any Servicer or any Affiliate thereof shall be deemed not to be outstanding in determining whether the requisite percentage necessary to effect any such consent has been obtained, except that, in determining whether the Trustee shall be protected in relying upon any such consent, only Certificates which a Responsible Officer of the Trustee knows to be so owned shall be disregarded. The Trustee may request and conclusively rely on certifications by the Depositor, the Master Servicer and any Servicer in determining whether any Certificates are registered to an Affiliate of the Depositor, the Master Servicer or such Servicer.

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Controlling Class Certificateholder Each Holder (or Certificate Owner, if applicable) of a Certificate of the Controlling Class as determined by the Certificate Administrator from time to time.

  • Certificateholder only the Person in whose name a Certificate is registered in the Certificate Register.

  • Class C Certificate Any one of the Certificates with a “Class C” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class A-R Certificate The Certificate executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-R and Exhibit C hereto.

  • Majority Certificateholders The Holders of Certificates evidencing at least 51% of the Voting Rights.

  • Class R Certificates All Certificates bearing the class designation of "Class R".

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.