Class A Pass Through Certificates definition
Examples of Class A Pass Through Certificates in a sentence
Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class A Pass Through Certificates or otherwise, the Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower).
On October 28, 2020, Owner caused the Class A Pass Through Trustee to issue and sell $3,000,000,000 face amount of the Class A Pass Through Certificates, and the proceeds from the sale of the Class A Pass Through Certificates were used by the Class A Pass Through Trustee to purchase the Series A Equipment Note.