Class G-2 Certificates definition
Examples of Class G-2 Certificates in a sentence
The Aggregate Initial Certificate Balance of the Class G-2 Certificates represents the maximum aggregate Certificate Balance of the Class G-2 Certificates (without giving effect to any exchanges for, or any issuance of, the Class G or Class EFG Certificates).
CITIBANK, N.A., not in its individual capacity but solely as Certificate Administrator By: Authorized Signatory Dated: August 30, 2016 This is one of the Class G-2 Certificates referred to in the Pooling and Servicing Agreement.
Aggregate Initial Certificate Balance of the Class G-2 Certificates: $5,330,000.
The Aggregate Initial Certificate Balance of the Class G Certificates is equal to the aggregate of the maximum initial Certificate Balances of the Class G-1 and Class G-2 Certificates, representing the maximum Certificate Balance of the Class G Certificates that could be issued in an exchange (assuming no Class EFG Certificates are issued).
This Guarantee is designed to pay for Repair Costs (or, at Our option, the Replacement Costs) of any included components which have suffered Breakdown during the Period, whilst Your Craft is within the Geographical Limits, subject always to the Single Repair Limit and the Aggregate Repair Limit.
Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class X-A, Class X-B, Class A-S, Class B, Class C, Class D, Class X-D, Class E-1, Class E-2, Class E, Class F-1, Class F-2, Class F, Class EF, Class G-1, Class G, Class EFG, Class H-1, Class H-2, Class H, Class R and Class S Certificates (together with the Class G-2 Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”).
The following provisions of paragraphs (a) through (h) of this Section 3.7 shall apply to (i) the Class G-1 Trust and the Class G-1 Certificates and (ii) the Class G-2 Trust and the Class G-2 Certificates, as if such provisions are separately set forth in full for each of the Class G-1 Trust (and the Class G-1 Certificates) and the Class G-2 Trust (and the Class G-2 Certificates).
JetBlue agrees to provide a copy of any amendment to this Insurance Agreement promptly to the Subordination Agent and the rating agencies maintaining a rating on the Class G-1 Certificates and the Class G-2 Certificates.
Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class G-2 Certificates (including by reason of a Policy Provider Election with respect to one or more Series G-2 Equipment Notes), or otherwise, the Maximum Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower).
The amounts received by the Class G-1 and Class G-2 Trustees pursuant to this clause (b) attributable to principal of the purchased Series G-1 and G-2 Equipment Notes shall be distributed to the holders of the Class G-1 and Class G-2 Certificates, respectively, in reduction of the Pool Balance of their Certificates and the amounts attributable to interest shall be distributed to such Certificateholders as interest in respect of the amount of such reduction in the Pool Balance.