Class CE Certificate definition

Class CE Certificate. Any one of the Class CE Certificates executed, authenticated and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-7 and evidencing a Regular Interest in REMIC VI for purposes of the REMIC Provisions.
Class CE Certificate. Any one of the Class CE Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-16 and evidencing (i) a Regular Interest in REMIC IV, (ii) the obligation to pay Net WAC Rate Carryover Amounts and Swap Termination Payments and (iii) the right to receive the Class IO Distribution Amount.
Class CE Certificate. Any Certificate designated as a “Class CE Certificate” on the face thereof, in the form of Exhibit A-4 hereto, representing the right to its Percentage Interest of distributions provided for the Class CE Certificates herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the obligation to pay Basis Risk Shortfall Amounts and Swap Termination Payments and (iii) the right to receive the Class IO Distribution Amount.

Examples of Class CE Certificate in a sentence

  • The Issuer, Fannie Mae and each Holder of a Class C-E Certificate, by acceptance of a Class C-E Certificate, will agree to treat the Class C-E Certificates in part as a limited recourse guarantee contract and in part as an interest-bearing collateral arrangement for U.S. federal income tax purposes.

  • The following is a reconciliation of reported net earnings to adjusted net earnings had the Company recorded compensation expense based on the fair value at the grant date for its stock options under SFAS 123 for the years ended 2004, 2003 and 2002.


More Definitions of Class CE Certificate

Class CE Certificate. Any one of the Certificates with a “CE” designated on the face thereof substantially in the form annexed hereto as Exhibit E, executed by the Trustee on behalf of the Trust and authenticated and delivered by the Certificate Registrar, representing the right to distributions as set forth herein and therein.
Class CE Certificate. Any one of the Class CE-1 Certificates or the Class CE-2 Certificates.
Class CE Certificate. Any one of the Class CE Certificates executed by the Depositor and authenticated by the Trustee (or, if an Authenticating Agent has been appointed pursuant to Section 4.06, the Authenticating Agent), subordinated in right of payment to the Class A, Class M and Class B Certificates, substantially in the form of the Class CE Certificate set forth in Exhibit E-1 hereto.
Class CE Certificate evidencing two Regular Interests in REMIC II for purposes of the REMIC Provisions together with certain rights to payments under the Swap Agreement.
Class CE Certificate. Any one of the Certificates with a “CE” designated on the face thereof substantially in the form annexed hereto as Exhibit C-1 and Exhibit C-2, executed by the Trustee on behalf of the Trust and authenticated and delivered by the Certificate Registrar, representing the right to distributions as set forth herein and therein. (A) The Class CE-1 Certificates represent (i) the corresponding REMIC A Regular Interest for purposes of the REMIC Provisions, (ii) the obligation to pay Cap Carryover Amounts, Swap Termination Payments and Class SWAP-IO Distribution Amounts and (iii) the right to receive the Class SWAP-IO Distribution Amount and amounts from the Cap Carryover Reserve Account, the Swap Account and the Cap Account and (B) the Class CE-2 Certificates represent the corresponding REMIC D Regular Interest.
Class CE Certificate and evidencing an interest designated as a "regular interest" in REMIC III within the meaning of the REMIC Provisions.
Class CE Certificate. The Class CE Certificates executed by the Trustee and authenticated by the Trustee in substantially the form set forth in Exhibit A.