Interest Only Certificates definition

Interest Only Certificates. A Class or Subclass of Certificates not entitled to payments of principal, and designated as such in the Series Supplement. The Interest Only Certificates will have no Certificate Principal Balance.

Interest Only Certificates. The Class X-A, Class X-B and Class X-D Certificates, collectively.

Interest Only Certificates. Any one of the Class A-V Certificates. The Interest Only Certificates will have no Certificate Principal Balance.

Examples of Interest Only Certificates in a sentence

• The Interest Only Certificates will be issuable only in denominations corresponding to initial Certificate Notional Amounts as of the Closing Date of $1,000,000 and in integral multiples of $1 in excess thereof.

• The Certificates will be issuable in registered form only; provided that in accordance with Section 5.03, beneficial ownership interests in each Class of Interest Only Certificates and Principal Balance Certificates shall initially be held and transferred through the book-entry facilities of the Depository.

• The Certificates will be issuable in registered form only; provided, however, that in accordance with Section 5.03, beneficial ownership interests in each Class of Interest Only Certificates and Principal Balance Certificates shall initially be held and transferred through the book-entry facilities of the Depository.

• The Certificates will be issuable in registered form only; provided, that in accordance with Section 5.03, beneficial ownership interests in each Class of Interest Only Certificates and Principal Balance Certificates shall initially be held and transferred through the book-entry facilities of the Depository.

• The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Interest Only Certificates), the Class A-S Regular Interest, the Class B Regular Interest, the Class C Regular Interest and the REMIC III Components is the date that is the Rated Final Distribution Date.

More Definitions of Interest Only Certificates

Interest Only Certificates. As specified in the Preliminary Statement.

Interest Only Certificates. Any Class of Certificates entitled to distributions of interest, but no distributions of principal. The Class SES and Class WIO Certificates are the only Classes of Interest-Only Certificates.

Interest Only Certificates. Any Combinable Classes or RCR Classes designated as such in the Schedule.

Interest Only Certificates. Any Class of Certificates entitled to distributions of interest, but no distributions of principal. The Class CB-IO, Class 3-IO, Class 15-IO, Class 30-B-IO and Class SES Certificates are the only Classes of Interest-Only Certificates.

Interest Only Certificates. The Class X Certificates.

Interest Only Certificates. The Class I-X Certificates and Class II-X Certificates.

Interest Only Certificates. The Class X-A, Class X-B, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J and Class 360X Certificates, collectively.