Class G-2 Trust definition

Class G-2 Trust has the meaning given such term in the related Policy.
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Class G-2 Trust has the meaning specified in the Intercreditor Agreement.
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Class G-2 Trust means (i) prior to the Transfer, the JetBlue Airways Pass Through Trust 2004-2G-2-O created and administered pursuant to the Class G-2 Trust Agreement and (ii) after the Transfer, the JetBlue Airways Pass Through Trust 2004-2G-2-S created and administered pursuant to the Class G Trust Agreement.
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Examples of Class G-2 Trust in a sentence

  • The following provisions of paragraphs (a) through (h) of this Section 3.7 shall apply to (i) the Class G-1 Trust and the Class G-1 Certificates and (ii) the Class G-2 Trust and the Class G-2 Certificates, as if such provisions are separately set forth in full for each of the Class G-1 Trust (and the Class G-1 Certificates) and the Class G-2 Trust (and the Class G-2 Certificates).

  • Payments of interest on the Offered Certificates will be supported by separate certificate guarantee insurance policies for each of the Class G-1 Trust and the Class G-2 Trust (together, the "Policies") issued by the Policy Provider to the extent the Liquidity Facilities and any funds contained in the cash collateral accounts funded from the Primary Liquidity Facilities are insufficient or unavailable for that purpose.

  • The Trustee shall not be authorized or empowered to do anything that would cause the Class G-2 Trust to fail to qualify as a grantor trust for such tax purposes (including as subject to this restriction, acquiring any Aircraft by bidding the Equipment Notes relating thereto or otherwise, or taking any action with respect to any such Aircraft once acquired).

  • Each Class G-2 Certificate represents a Fractional Undivided Interest in the Class G-2 Trust created hereby.

  • The Trustee hereby declares the creation of a Trust, designated the "Delta Air Lines Pass Through Trust 2002-1G-2" (the "Class G-2 Trust"), for the benefit of the Holders of the Class G-2 Certificates to be issued in respect of such Class G-2 Trust, and the initial Holders of the Class G-2 Certificates, as grantors of such Class G-2 Trust, by their respective acceptances of the Class G-2 Certificates, join in the creation of such Class G-2 Trust with the Trustee.

  • The following provisions of paragraphs (a) through (i) of this Section 3.07 shall apply to (i) the Class G-1 Trust and the Class G-1 Certificates and (ii) the Class G-2 Trust and the Class G-2 Certificates, as if such provisions are separately set forth in full for each of the Class G-1 Trust (and the Class G-1 Certificates) and the Class G-2 Trust (and the Class G-2 Certificates).

  • The parties hereto intend that the Class G-2 Trust be classified for United States federal income tax purposes as a grantor trust under Subpart E, Part I, Subchapter J, Chapter 1 of Subtitle A of the Internal Revenue Code of 1986, as amended, and not as a trust or association taxable as a corporation or as a partnership.

  • The Class G-2 Certificates will have the benefit of the following Liquidity Facility: that certain Revolving Credit Agreement, dated as of the date hereof, between State Street Bank and Trust Company of Connecticut, National Association, as Subordination Agent under the Intercreditor Agreement, as agent and trustee for the Class G-2 Trust, and Westdeutsche Landesbank Girozentrale, New York Branch.

  • Each Certificateholder of a Class G-2 Certificate, by its acceptance of its Class G-2 Certificate or a beneficial interest therein, agrees to treat the Class G-2 Trust as a grantor trust for all United States federal, state and local income tax purposes.


More Definitions of Class G-2 Trust

Class G-2 Trust means the Northwest Airlines Pass Through Trust, Class 2002-1G2 formed pursuant to the Basic Pass Through Trust Agreement and Class G-2 Trust Supplement.
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Class G-2 Trust. Class G-2 Trust Agreement", "Class G-2 Trustee", "Class G-1 Certificates", "Class C-1 Certificates", "Class C-2 Certificates", "Class D Certificates", "Closing Date", "Controlling Party", "Corporate Trust Office", "Delivery Period Expiry Date", "Distribution Date", "Downgraded Facility", "Equipment Notes", "Final Legal Distribution Date", "Financing Agreement", "Fitch", "Indenture", "Interest Payment Date", "Investment Earnings", "Liquidity Obligations", "Loan Trustee", "Moody's", "Non-Extended Facility", "Northwest", "Northxxxx Xxnkruptcy Event", "Note Purchase Agreement", "Operative Agreements", "Performing Equipment Note", "Person", "Policy", "Policy Provider", "Policy Provider Election", "Pool Balance", "Prepayment Premium", "Primary Liquidity Facility", "Rating Agency", "Ratings Confirmation", "Regular Distribution Date", "Replacement Primary Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Series G-2 Equipment Note", "Special Payment", "Standard & Poor's", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreements", "Trustee", "Underwriters", "Underwriting Agreement" and "Written Notice".
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Class G-2 Trust means the Delta Air Lines Pass Through Trust 2002-1G-2 created and administered pursuant to the Class G-2 Trust Agreement.
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Class G-2 Trust. Class G-2 Trustee", "Class G-2 Policy", "Class G-2 Policy Account" and "Series G-2 Equipment Note", respectively.
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Class G-2 Trust means (i) prior to the Transfer, the Continental Airlines Pass Through Trust 2002-1G-2-O created and administered pursuant to the Class G-2 Trust Agreement and (ii) after the Transfer, the Continental Airlines Pass Through Trust 2002-1G-2-S created and administered pursuant to the Class G-2 Trust Agreement.
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Related to Class G-2 Trust

  • Class C Trust Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class HI M-1 Formula Interest Distribution Amount" means, as to any Payment Date, the sum of (a) the amount specified in clause (a) of the definition of the term "Class HI: M-1 Formula Distribution Amount" and (b) the Unpaid Class HI: M-1 Interest Shortfall, if any.

  • Class A Pass Through Trust means the Delta Air Lines Pass Through Trust 2019-1A created pursuant to the Basic Pass Through Trust Agreement, as supplemented by Trust Supplement No. 2019-1A, dated as of the Issuance Date, between Company and U.S. Bank, as Class A Trustee.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class B Pass Through Trust means the American Airlines Pass Through Trust 2013-1B created pursuant to the Basic Pass Through Trust Agreement, as supplemented by Trust Supplement No. 2013-1B, dated as of the Issuance Date, between the Company and WTC, as Class B Trustee.

  • Class A Trust Has the meaning specified in the Intercreditor Agreement.

  • 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.

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Subclass With respect to the Class A-V Certificates, any Subclass thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the Uncertificated Class A-V REMIC Regular Interest or Interests specified by the initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).

  • Class A has the meaning set forth in Section 5.1.C.

  • Class G Pass-Through Rate For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution Date.

  • Class C Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class G Certificate Any one of the Certificates with a “Class G” 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 B Noteholders’ Distribution Amount means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.

  • Class A Noteholders’ Distribution Amount means, for any distribution date, the sum of the Class A Noteholders’ Interest Distribution Amount and the Class A Noteholders’ Principal Distribution Amount for that distribution date.

  • Class B-4 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-4 Certificates pursuant to Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Class D Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class P," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Class A-2, Class X-1," "Class X-2," "Class B," "Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • 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 B-3 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-3 Certificates pursuant to Paragraphs eleventh, twelfth and thirteenth of Section 4.01(a).

  • Class A Floating Allocation means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Adjusted Investor Interest as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Investor Interest as of the close of business on such day; provided, however, that, with respect to the first Monthly Period, the Class A Floating Allocation shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Investor Interest and the denominator of which is the Initial Investor Interest.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.