Class A-2 Certificateholder definition
Examples of Class A-2 Certificateholder in a sentence
By accepting a Class A-2 Certificate, each Class A-2 Certificateholder acknowledges that any such Class A-2/A-3 Net WAC Pass-Through Amount shall for federal, state and local tax purposes be deemed distributed in respect of REMIC III Regular Interest A-2 and the Class A-3 Certificates.
Any portion of any Class A-1 Certificateholder's or Class A-2 Certificateholder's pro rata share of the Underlying Securities that is not distributed, based on the failure to meet the minimum denomination requirements or otherwise, shall be sold in accordance with the provisions of Section 5(d) or 5(h) hereof, as applicable and the proceeds thereof distributed to such Class A-1 Certificateholder or Class A-2 Certificateholder.
This program shall include all active journeyman and apprentice employees of Local Union 1399.
As between the Class A-2 Certificateholders, the share of each Class A-2 Certificateholder in the 6.625% Underlying Securities to be distributed shall be determined based on the then outstanding notional amounts of its Certificates.
Notwithstanding anything to the contrary set forth herein or in any Operative Agreement, the provisions of this Section 4.01 may not be amended in any manner without the consent of each Class A-1 Certificateholder, Class A-2 Certificateholder, Class C Certificateholder, Class D Certificateholder, or Class E Certificateholder, if any, that would be adversely affected thereby.