Class B Certificates Clause Samples
The 'Class B Certificates' clause defines the rights and characteristics of a specific class of certificates issued under a securitization or trust agreement. Typically, these certificates represent a subordinate or junior interest in the underlying asset pool, meaning they receive payments only after more senior classes, such as Class A, have been paid. Holders of Class B Certificates may be exposed to higher risk but can potentially receive higher returns if the asset pool performs well. This clause is essential for allocating risk and return among different classes of investors and clarifying the payment priority structure within the transaction.
Class B Certificates. 10 Class ▇-▇ Regular Interests...................................................................10 Class B-1 Certificates........................................................................10 Class B-1-L Regular Interest..................................................................10 Class B-2 Certificates........................................................................10 Class B-2-L Regular Interest..................................................................11 Class B-3 Certificates........................................................................11 Class B-3-L Regular Interest..................................................................11 Class B-4 Certificates........................................................................11 Class B-4-L Regular Interest..................................................................11 Class B-5 Certificates........................................................................11 Class B-5-L Regular Interest..................................................................11 Class B-6 Certificates........................................................................11 Class B-6-L Regular Interest..................................................................11
Class B Certificates. 8 Class B-1 Certificates............................................................. 8 Class B-2 Certificates............................................................. 8 Class B-3 Certificates............................................................. 8 Class B-4 Certificates............................................................. 8 Class B-5 Certificates............................................................. 8
Class B Certificates. Class M Certificates............................. Class M-1, Class M-2A and Class M-2B Certificates. Offered Certificates............................. All Classes of Certificates (other than the Class P and Class X Certificates). Physical Certificates............................ Class A-R, Class P and Class X Certificates. Private Certificates............................. Class P and Class X Certificates. Rating Agencies.................................. S&P and Moody's. Regu▇▇▇ ▇▇▇tificates............................. All Classes of Certificates other than the Class A-R Certificates and Class X-2 Certificates. Residual Certificates............................ Class A-R Certificates.
Class B Certificates. 10 Class IB-1 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Class IB-2 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Class IB-3 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Class IB-4 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Class IB-5 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Class IIB-1 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Class IIB-2 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Class IIB-3 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Class IIB-4 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Class IIB-5 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Class B Certificates. Defined terms and provisions herein relating to statistical rating agencies not designated above as Rating Agencies shall be of no force or effect.
Class B Certificates. No Class B Holder shall Transfer any Class B Certificate, or any shares or other Rights in BRC or any other Person that is a direct or indirect shareholder of BRC to any Person other than (i) BRC, (ii) a Permitted Transferee or (iii) a Class A Holder; provided, however, that, after giving effect to any such Transfer, BRC shall directly hold no less than 141,700,000 Class B Certificates; provided further, however, that BRC may transfer the 141,700,000 Class B Certificates in their entirety to any successor holding company that is directly or indirectly owned solely by Members and/or Permitted Transferees of BRC and that also becomes a party to the Interbrew Shareholders' Agreement.
Class B Certificates. 7 Class B-1 Certificates........................................................7 Class B-2 Certificates........................................................7 Class B-3 Certificates........................................................7 TABLE OF CONTENTS (continued) Page Class B-4 Certificates........................................................7 Class B-5 Certificates........................................................8 Class B-6 Certificates........................................................8
Class B Certificates. 12 Class ▇-▇ Regular Interests ................................. 12 Class C-B-1 Certificates .................................... 12 Class C-B-1-L Regular Interest .............................. 12 Class C-B-2 Certificates .................................... 12 Class C-B-2-L Regular Interest .............................. 12
Class B Certificates. Rating Agencies.................... Moody's and Standard & Poor's. Regular Certificates............... All ▇▇▇▇▇▇s of Certificates other than the Class P and Residual Certificates. Residual Certificates.............. The Class R, Class RC and Class RX Certificates. Sequential Class M Certificates.... Class M-1, Class M-2 and Class M-3 Certificates. Subordinated Certificates.......... Class M and Class B Certificates.
Class B Certificates. 5 Class B Carry-Forward Amount...................................... 5