Class AV Certificates Sample Clauses
The 'Class AV Certificates' clause defines the rights and obligations associated with a specific class of certificates, typically within a structured finance or securitization transaction. This clause outlines the characteristics of Class AV Certificates, such as their payment priority, interest entitlements, and any conditions or restrictions on their transfer or redemption. For example, it may specify that holders of Class AV Certificates receive payments only after certain other classes have been paid, or that they are subject to particular risk factors. The core function of this clause is to clearly delineate the terms governing this class of certificates, ensuring transparency for investors and proper allocation of cash flows and risks among different certificate holders.
Class AV Certificates. Group 1 Mezzanine Certificates..........Class MF-1 and Class MF-2 Certificates. Group 2 Mezzanine Certificates..........Class MV-1 and Class MV-2 Certificates.
Class AV Certificates. The Class AV-1, Class AV-2 and Class AV-3 Certificates.
Class AV Certificates. Mezzanine Certificates......................Class M-1 and Class M-2 Certificates. Subordinated Certificates...................Mezzanine Certificates and Class B Certificates. Adjustable Rate Certificates................Class AF-1 Certificates, Group 2 Certificates, and Subordinate Certificates.
Class AV Certificates. 11 CLASS AV-1 CERTIFICATE.......................................................................................11 CLASS AV-1 PRINCIPAL DISTRIBUTION AMOUNT.....................................................................11 CLASS AV-2 CERTIFICATES......................................................................................12 CLASS AV-2 PRINCIPAL DISTRIBUTION AMOUNT.....................................................................12 CLASS AV-2A CERTIFICATE......................................................................................12 CLASS AV-2B CERTIFICATE......................................................................................12 CLASS AV-2C CERTIFICATE......................................................................................12
Class AV Certificates. Mezzanine Certificates.......Class M-1 and Class M-2 Certificates. Subordinated Certificates....Mezzanine Certificates, Class B-1 Certificates and Class B-2 Certificates. Adjustable Rate Certificates.Class AV Certificates and the Subordinated Certificates. Fixed Rate Certificates......Group 1 Certificates and the Class A-IO Certificates. ERISA-Restricted.............Certificates Class R, Class P, Class X Certificates and Certificates of any Class that ceases to satisfy the rating requirements of the Underwriter Exemption.