Class A Group definition
Examples of Class A Group in a sentence
Each Holder of a Class A, Group B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.23.
The certificates representing shares of Class A Group Shares and Cardinal Class B Common Stock so surrendered shall be canceled by SESI.
The Trustee shall deposit any Interest Advance received by it in the amount of the Formula Interest Shortfall for such Class into the Class A Group II Distribution Account or the Class A Group III Distribution Account, as the case may be.
For tax purposes, for any such Distribution Date, each Class of Class X Certificates shall be treated as (i) having received the portion of the REMIC IV Available Distribution Amount distributed to the Corresponding Class of REMIC IV Regular Interests for such Distribution Date and (ii) having paid to the applicable Class or Classes of Class A, Group L-B or Group 3-B Certificates, outside of REMIC IV, the applicable portion of the Carryover Shortfall Payments for such Classes.
Any action by the Class A Group hereunder shall for all purposes hereunder bind and be deemed to include all other holders of shares of Class A Common Stock and all holders of shares of Class C Common Stock.
On each Payment Date, the Trustee shall withdraw from the related Supplemental Interest Payment Account and deposit the Class A-6 Formula Interest Shortfall in the Class A Group II Distribution Account; provided that the amount to be withdrawn may not exceed the related Supplemental Interest Payment Amount (such amount, the "Funded Amount").
The Stockholder waives all rights of appraisal with respect to Class A Group Shares and/or Cardinal Class B Common Stock under charter documents, any contract, the Delaware General Corporation Law, or the Louisiana Buisness Corporation Law.
The Trustee shall deposit any Interest Advance received by it in the amount of the Formula Interest Shortfall for such Class into the Class A Group II Distribution Account.
On each Payment Date, the Trustee shall withdraw from the related Supplemental Interest Payment Account and deposit the Class A-6 Formula Interest Shortfall in the Class A Group II Distribution Account or the Class A-7 Formula Interest Shortfall in the Class A Group III Distribution Account; provided that the amount to be withdrawn may not exceed the related Supplemental Interest Payment Amount (such amount, the "Funded Amount").
The Trustee shall deposit any Interest Advance received by it (i) in the amount of the Class A-6 Formula Interest Shortfall into the Class A Group II Distribution Account and (ii) in the amount of the Class A-7 Formula Interest Shortfall into the Class A Group III Distribution Account.