Class X Certificate Sample Clauses

The "Class X Certificate" clause defines the requirements and procedures for issuing a specific type of certificate, typically referred to as a Class X Certificate, within the context of the agreement. This clause outlines who is responsible for issuing the certificate, the conditions under which it is granted, and any documentation or verification needed to obtain it. For example, it may specify that a contractor must complete certain work to a specified standard before the certificate is issued by an authorized party. The core function of this clause is to provide a formal mechanism for acknowledging the completion of a particular milestone or obligation, thereby ensuring clarity and accountability between the parties involved.
Class X Certificate. 10 Class X Component.......................................................................................10
Class X Certificate. 9 Class X Component . . . . . . . . . . . . . . . . . . . . . . . 9 Code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Class X Certificate. The terms and conditions applicable to the Class X Certificate are as follows: (a) The Class X Certificate represents the right to receive only Excess Interest and does not have a principal amount. (b) The Regular Distribution Dates with respect to any payment of Scheduled Payments for the Class X Certificate means each April 1 and October 1, commencing on April 1, 2004, until all payments in respect of the Equipment Notes has been made. Except as described herein, Scheduled Payments for the Class X Certificate shall only include Excess Interest. (c) The Special Distribution Dates with respect to the Class X Certificate shall be each Business Day on which a Special Payment is to be distributed pursuant to this Agreement. Except as described herein, Special Payments for the Class X Certificate shall only include Excess Interest. (d) The Class X Certificate shall be in the form attached hereto as Exhibit A-2 and be issued only in the definitive certificate form. There shall be only one Class X Certificate. The Class X Certificate may only be held by, and may not be transferred to any Person other than, the Company or any of its Affiliates.
Class X Certificate. 10 Class X Component . . . . . . . . . . . . . . . . . . . . . . 10 Class X-A-1 Component . . . . . . . . . . . . . . . . . . . . 10 Class X-A-2 Component . . . . . . . . . . . . . . . . . . . . 10 Class X-A-3 Component . . . . . . . . . . . . . . . . . . . . 10 Class X-B Component . . . . . . . . . . . . . . . . . . . . . 10 Class X-C Component . . . . . . . . . . . . . . . . . . . . . 10 Class X-D Component . . . . . . . . . . . . . . . . . . . . . 10 Class X-E Component . . . . . . . . . . . . . . . . . . . . . 10 Class X-F Component . . . . . . . . . . . . . . . . . . . . . 11 Class X-G Component . . . . . . . . . . . . . . . . . . . . . 11 Class X-H Component . . . . . . . . . . . . . . . . . . . . . 11 Class X-J Component . . . . . . . . . . . . . . . . . . . . . 11 Class X-K Component . . . . . . . . . . . . . . . . . . . . . 11 Class X-L Component . . . . . . . . . . . . . . . . . . . . . 11
Class X Certificate. 11 Class X-1 Certificate ..................................................... 11 Class X-2 Certificate ..................................................... 11 Class X-2 Share ........................................................... 11
Class X Certificate. 11 Closing Date" or "Issue Date ............................ 11 Code .................................................... 11
Class X Certificate. CLASS X CERTIFICATEHOLDER.................................................. CLASS X-A COMPONENT........................................................ CLASS X-A COMPONENT REMITTANCE AMOUNT...................................... CLASS X-1F COMPONENT....................................................... CLASS X-1F COMPONENT REMITTANCE AMOUNT..................................... CLASS X-2F COMPONENT....................................................... CLASS X-2F COMPONENT REMITTANCE AMOUNT..................................... CLASS X-3 COMPONENT........................................................ CLASS X-3F COMPONENT REMITTANCE AMOUNT..................................... CLASS X-4F COMPONENT....................................................... CLASS X-4F COMPONENT REMITTANCE AMOUNT..................................... CLASS X-5F COMPONENT....................................................... CLASS X-5F COMPONENT REMITTANCE AMOUNT..................................... CLASS X-6F COMPONENT....................................................... CLASS X-6F COMPONENT REMITTANCE AMOUNT..................................... CLASS X-7F COMPONENT....................................................... CLASS X-7F COMPONENT REMITTANCE AMOUNT..................................... CLASS X-E COMPONENT........................................................ CLASS X-E COMPONENT REMITTANCE AMOUNT...................................... CLASS X-F COMPONENT REMITTANCE AMOUNT......................................

Related to Class X Certificate

  • Class R Certificates Subordinated Certificates.... Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class B-4 Certificates.

  • Class PO Certificates Private Certificates..................................... Class P, Class B-4, Class B-5 and Class B-6 Certificates. Rating Agencies.......................................... Fitch and S&P. Regular Certificates..................................... All Classes of Certificates other than the Class A-R Certificates. Residual Certificate..................................... Class A-R Certificates.

  • Senior Certificates The Class 1-A-1, Class 1-A-2, Class 1-A-3, Class 1-X-1, Class 1-X-2, Class 1-X-3 and Class A-R Certificates.

  • LIBOR Certificates Notional Amount Certificates........... None. Notional Amount Components............. None. Offered Certificates................... All Classes of Certificates other than the Private Certificates. Physical Certificates.................. Class A-R Certificates and the Private Certificates. Planned Principal Classes.............. None.

  • Certificate Distribution Account The Certificate Distribution Account shall be established as a non-interest bearing trust account pursuant to Section 4.1 of the Sale and Servicing Agreement. Funds on deposit in the Certificate Distribution Account shall be held uninvested. The Certificateholders shall possess all beneficial right, title and interest in and to all funds on deposit from time to time in the Certificate Distribution Account and all proceeds thereof. Except as otherwise provided herein, in the Indenture or in the Sale and Servicing Agreement, the Certificate Distribution Account shall be under the sole dominion and control of the Certificate Paying Agent for the benefit of the Certificateholders. If, at any time, the Certificate Distribution Account ceases to be an Eligible Account, the Servicer on behalf of the Issuer, shall, within ten (10) Business Days (or such longer period) after becoming aware of the fact, establish a new Certificate Distribution Account as an Eligible Account and shall direct the Certificate Paying Agent to transfer any cash then on deposit in the Certificate Distribution Account to such new Certificate Distribution Account.