Terms of the Certificates Clause Samples

The 'Terms of the Certificates' clause defines the specific rights, obligations, and features associated with certificates issued under an agreement, such as certificates of deposit or securities. It typically outlines details like maturity dates, interest rates, payment schedules, and any conditions for redemption or transfer. By clearly specifying these terms, the clause ensures that all parties understand the precise nature of the certificates, thereby reducing ambiguity and minimizing the risk of disputes regarding their operation or value.
Terms of the Certificates. ==================================================================================================================== Class Initial Principal Pass-Through Ratings Purchase Designation Amount Rate Fitch ▇▇▇▇▇'▇ Price ======================== ====================== ====================== ====================== ====================== A-1 $46,940,000 (1) "
Terms of the Certificates. Proposed Initial Ratings by Series ____-__ Principal Pass-Through Moody's and Sale of the Designation Amount Rate Fitch CUSIP Number Certificates -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ -------------------------------------------------------------------------------------------------------------------- Class ___ --------------------------------------------------------------------------------------------------------------------
Terms of the Certificates. ================================================================================
Terms of the Certificates. (a) The Certificates shall be dated as of the Delivery Date. The principal evidenced by the Certificates shall become due and payable, subject to prior prepayment, on the dates, in the amounts, and shall evidence interest at the rates per annum (calculated on the basis of a 360-day year comprised of twelve 30-day months) set forth below: Principal Payment Date (October 1) Principal Component Interest Rate 2017 2018 2019 2020 2021 2022 2023 2025 2028 2037 (b) The interest evidenced by the Certificates shall be payable on each Interest Payment Date to and including their respective Principal Payment Dates or prepayment prior thereto, and shall represent the sum of the portions of the Base Rental Payments designated as interest components coming due on the Interest Payment Dates in each year. Interest evidenced by the Certificates shall be payable from the Interest Payment Date next preceding the date of execution and delivery thereof unless (i) a Certificate is executed and delivered on or before an Interest Payment Date and after the close of business on the preceding Record Date, in which event interest evidenced thereby shall be payable from such Interest Payment Date, (ii) a Certificate is executed and delivered on or before the first Record Date, in which event interest evidenced thereby shall be payable from the Delivery Date, or (iii) interest evidenced by any Certificate is in default as of the date of execution and delivery thereof, in which event interest evidenced thereby shall be payable from the date to which interest has previously been paid or duly provided for. Interest evidenced by the Certificates shall be paid in lawful money of the United States of America on each Interest Payment Date. Such interest shall be paid by check of the Trustee mailed by first- class mail, postage prepaid, on each Interest Payment Date to the Owners of the Certificates at their respective addresses shown on the Registration Books as of the close of business on the preceding Record Date. Notwithstanding the foregoing, interest evidenced by any Certificate that is not punctually paid or duly provided for on any Interest Payment Date shall, if and to the extent that amounts subsequently become available therefor, be paid on a payment date established by the Trustee to the Person in whose name the ownership of such Certificate is registered on the Registration Books at the close of business on a special record date to be established by the Trustee for the payment of...
Terms of the Certificates. Class Initial Principal Pass-Through Ratings Purchase Designation Amount Rate Moody's S&P Price -------------------------------------------------------------------------------------------------------------------- A-1 $226,687,000 (1) "
Terms of the Certificates. Initial Proposed Series 2000-2 Principal Pass-Through Ratings by CUSIP Number Sale of the Designation Amount Rate S&P and Fitch Certificates -------------------------------------------------------------------------------------------------------------- Class AF-1 124,170,000 %(2) AAA/AAA 805564 FT 3 (1) -------------------------------------------------------------------------------------------------------------- Class AF-2 63,243,000 7.965% AAA/AAA 805564 FU 0 (1) -------------------------------------------------------------------------------------------------------------- Class AF-3 74,120,000 8.051% AAA/AAA 805564 FV 8 (1) -------------------------------------------------------------------------------------------------------------- Class AF-4 64,425,000 8.234% AAA/AAA 805564 FW 6 (1) -------------------------------------------------------------------------------------------------------------- Class AF-5 52,732,000 8.483% AAA/AAA 805564 FX 4 (1) -------------------------------------------------------------------------------------------------------------- Class AF-6 48,998,000 7.971% AAA/AAA 805564 FY2 (1) -------------------------------------------------------------------------------------------------------------- Class MF-1 26,949,000 8.370% AA/AA 805564 FZ 9 (1) -------------------------------------------------------------------------------------------------------------- Class MF-2 13,964,000 8.664% A/A 805564 GA 3 (1) -------------------------------------------------------------------------------------------------------------- Class BF-1 12,005,000 8.700% BBB/BBB 805564 GB 1 (1) -------------------------------------------------------------------------------------------------------------- Class BF-2 9,554,202 8.700% BB/BB 805564 GC 9 (1) -------------------------------------------------------------------------------------------------------------- Class AV-1 209,767,000 %(2) AAA/AAA 805564 GD 7 (1) -------------------------------------------------------------------------------------------------------------- Class MV-1 16,251,000 %(2) AA/AA 805564 GE 5 (1) -------------------------------------------------------------------------------------------------------------- Class MV-2 12,000,000 %(2) A/A 805564 GF 2 (1) -------------------------------------------------------------------------------------------------------------- Class BV-1 6,126,000 %(2) BBB/BBB 805564 GG 0 (1) ----------------------------------------------------------------------------------------...
Terms of the Certificates. The Certificates shall have the terms and conditions described in the Transaction Documents. These documents will be available for you to review on the Platform. The Certificate Listing on the AFI Website will list which mortgage loan investments are allocated to each Certificate and the amount of each mortgage loan investment so allocated. The Certificate number, face value, expected repayment date, and expected rate of return, among other things, will be described on the corresponding Certificates or the Certificate Listing. The terms and conditions of the Certificates include the following, each of which is described in more detail in the Certificate or the PPM: • Stabilization and Rebalancing. AlphaFlow shall apply proceeds from the Certificates to purchase or fund mortgage loan investments over a period of up to forty-five (45) days (the “Stabilization Period”). During the Stabilization Period, AlphaFlow’s portfolio management team may ▇▇▇▇ a Certificate as stabilized once the Certificate has been allocated at least seventy-five (75) unique mortgage loan investments, at which point the Stabilization Period will conclude. After the Stabilization Period, the resulting portfolio of mortgage loan investments (the “Stabilized Certificate”) may be rebalanced by AlphaFlow from time to time by reallocating mortgage loan investments initially allocated to the Stabilized Certificate to other Certificates and replacing them with allocations of new mortgage loan investments or mortgage loan investments previously allocated to other Certificates (the “Rebalancing Period”) to improve the diversification of the mortgage loan investments within that Certificate. Any mortgage loan investment added during the Rebalancing Period shall have a maturity date no later than forty-five (45) days after the latest loan maturity date in the original Stabilized Certificate. AlphaFlow will not reallocate mortgage loan investments to other Certificates in either the Stabilization Period or Rebalancing Period if those mortgage loan investments become nonperforming until they are brought current. A mortgage loan investment will be considered “nonperforming” when the borrower fails to make required payment in full for thirty-five (35) days and will be considered “brought current” once all past-due payments on the mortgage loan investment have been paid. • Electronic. AlphaFlow will issue your Certificates in electronic form only. No physical certificates for the Certificates will be i...
Terms of the Certificates. ==================== ------------------ ------------------- ------------------ ------------------ =================== Initial Series 199[ ]-__ Principal Pass-Through Proposed Sale of the Designation Amount(1) Rate Ratings CUSIP Number Certificates ==================== ------------------ ------------------- ------------------ ------------------ =================== ------------------ ------------------- ------------------ ------------------ =================== ==================== ------------------ ------------------- ------------------ ------------------ =================== Class ___ (2) ------------------ ------------------- ------------------ ------------------ =================== ==================== ------------------ ------------------- ------------------ ------------------ =================== Class ___ (2) ------------------ ------------------- ------------------ ------------------ =================== ==================== ------------------ ------------------- ------------------ ------------------ =================== Class ___ (2) ------------------ ------------------- ------------------ ------------------ =================== ==================== ------------------ ------------------- ------------------ ------------------ =================== Class ___ (2) ------------------ ------------------- ------------------ ------------------ =================== ==================== ------------------ ------------------- ------------------ ------------------ =================== Class ___ (2) ------------------ ------------------- ------------------ ------------------ =================== ==================== ------------------ ------------------- ------------------ ------------------ =================== Class ___ (3) (2) ------------------ ------------------- ------------------ ------------------ =================== ==================== ================== =================== ================== ================== =================== Class R N/A N/A (4) N/A (5) ==================== ================== =================== ================== ================== =================== (1) The Underwritten Certificates are, in each case, subject to the Permitted Variance. (2) The Underwritten Certificates will be purchased by the Underwriters from the Depositor and will be offered by the Underwriters to the public from time to time in negotiated transactions or otherwise at varying prices to be determined at the time of sale. (3) On each Distribution Date, the Pass-Through ...
Terms of the Certificates. In connection with each Aircraft, Agent shall issue to each Lender a Certificate in a principal amount equal to its Commitment for that Aircraft, bearing interest at the Borrower Interest Rate, designated as having been issued in connection with that Aircraft, and otherwise in the form of Exhibit K.
Terms of the Certificates. Initial Class Principal Pass-Through Ratings Purchase Designation Amount Rate S&P ▇▇▇▇▇'▇ Price ----------------- --------------- -------------- ----- --------- -------------- ----------------- --------------- -------------- ----- --------- --------------