  We present UV through NIR broad-band photometry, and optical and NIR
spectroscopy of Type Iax supernova 2012Z. The data set consists of both early
and late-time observations, including the first late phase NIR spectrum
obtained for a spectroscopically classified SN Iax. Simple model calculations
of its bolometric light curve suggest SN 2012Z produced ~0.3 M_sun of (56)Ni,
ejected about a Chandrasekhar mass of material, and had an explosion energy of
~10^51 erg, making it one of the brightest and most energetic SN Iax yet
observed. The late phase NIR spectrum of SN 2012Z is found to broadly resemble
similar epoch spectra of normal SNe Ia; however, like other SNe Iax,
corresponding visual-wavelength spectra differ substantially compared to all
supernova types. Constraints from the distribution of IMEs, e.g. silicon and
magnesium, indicate that the outer ejecta did not experience significant mixing
during or after burning, and the late phase NIR line profiles suggests most of
the (56)Ni is produced during high density burning. The various observational
properties of SN 2012Z are found to be consistent with the theoretical
expectations of a Chandrasekhar mass white dwarf progenitor that experiences a
pulsational delayed detonation, which produced several tenths of a solar mass
of (56)Ni during the deflagration burning phase and little (or no) (56)Ni
during the detonation phase. Within this scenario only a moderate amount of
Rayleigh-Taylor mixing occurs both during the deflagration and fallback phase
of the pulsation, and the layered structure of the IMEs is a product of the
subsequent denotation phase. The fact that the SNe Iax population does not
follow a tight brightness-decline relation similar to SNe Ia can then be
understood in the framework of variable amounts of mixing during pulsational
rebound and variable amounts of (56)Ni production during the early subsonic
phase of expansion.
