Examples of Group B Subordinate Certificates in a sentence
As discussed in more detail below, the Water Banking Program would be used in combination with otherWSCP - 9response actions under the implementation of IRWD’s WSCP.
Any application of the applicable Apportioned Subordinate Principal Distribution Amount to the Senior Certificates pursuant to this paragraph will reduce distributions of the Subordinate Principal Distribution Amount to the Group B Subordinate Certificates, pro rata, based on the Class Principal Balances of such Group B Subordinate Certificates.
Any such Component P Deferred Payment Writedown Amount with respect to Component P-1 and Component P-2 or Component P-3 or Component P-4 shall effect a corresponding reduction in the Current Principal Amount of the Group B Subordinate Certificates, Group 3 Subordinate Certificates or Group 4 Subordinate Certificates, respectively, in the reverse order of their numerical Class designations.
Any application of the Subordinate Principal Distribution Amount for the Group B Subordinate Certificates pursuant to the preceding paragraphs (ii), (iii) and (iv) will reduce distributions of such amount in reverse order of priority pursuant to the priorities set forth in Section 4.02(a)(ii).
Group B Subordinate Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.
Any application of the Subordinate Principal Distribution Amount for the Group B Subordinate Certificates pursuant to this paragraph (iii) will reduce distributions of such amount to the Group B Subordinate Certificates in reverse order of priority pursuant to the priorities set forth in Section 4.02(a)(ii)(A) through (L).
For any Distribution Date and with respect to each Class of Group B Subordinate Certificates, the portion of the Aggregate Group B Subordinate Optimal Principal Amount allocable to such Class, equal to the product of the Aggregate Group B Subordinate Optimal Principal Amount on such Distribution Date and a fraction, the numerator of which is the related Class Principal Balance thereof and the denominator of which is the aggregate of the Class Principal Balances of the Group B Subordinate Certificates.