Callable Class Sample Clauses

Callable Class. A Class of CPCs representing the beneficial ownership of a specified Callable Asset or Callable Assets, subject to the Call Right of the related Call Class. Callable Pass-Through Certificates or CPCs: Pass-Through Certificates designated by Freddie Mac as CPCs, which include at least one Call Class that has the right to direct Freddie Mac to redeem a related Callable Class in the same Series. Certificated Pass-Through Certificates: Pass-Through Certificates which are issued in registered, certificated form and are transferable and exchangeable at the office of the Registrar. Class: All of the Pass-Through Certificates having like terms created in respect of a single Pass- Through Pool. For each Pass-Through Pool, there may be one or more Classes; together, all Classes of Pass- Through Certificates issued in respect of a Pass-Through Pool represent all the beneficial interests in the Pass- Through Pool.
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Callable Class. A Class of CPCs representing the beneficial ownership of a specified Callable Asset or Callable Assets, subject to the Call Right of the related Call Class. Callable Pass-Through Certificates or CPCs: Pass-Through Certificates designated by Xxxxxxx Mac as CPCs, which include at least one Call Class that has the right to direct Xxxxxxx Mac to redeem a related Callable Class in the same Series. Certificated Pass-Through Certificates: Pass-Through Certificates which are issued in registered, certificated form and are transferable and exchangeable at the office of the Registrar. Class: All of the Pass-Through Certificates having like terms created in respect of a single Pass- Through Pool. For each Pass-Through Pool, there may be one or more Classes; together, all Classes of Pass-Through Certificates issued in respect of a Pass-Through Pool represent all the beneficial interests in the Pass-Through Pool.
Sample 1Sample 2See All (4)
Callable Class. A Class of CPCs representing the beneficial ownership of a specified Callable Asset or Callable Assets, subject to the Call Right of the related Call Class. Callable Pass-Through Certificates or CPCs: Pass-Through Certificates designated by Freddie Mac as CPCs, which include at least one Call Class that has the right to direct Freddie Mac to redeem a related Callable Class in the same Series. Certificated Pass-Through Certificates: Pass-Through Certificates which are issued in registered, certificated form and are transferable and exchangeable at the oÇce of the Registrar.
Sample 1
Callable Class. A Class of CPCs, REMIC CertiÑcates or MACR CertiÑcates, as the context requires, that is redeemable, directly or indirectly, at the direction of the holder of the related Call Class.
Sample 1Sample 2
Callable Class. A Class of CPCs representing the beneÑcial ownership of a speciÑed Callable Asset or Callable Assets, subject to the Call Right of the related Call Class. Callable Pass-Through CertiÑcates or CPCs: Pass-Through CertiÑcates designated by Xxxxxxx Mac as CPCs, which include at least one Call Class that has the right to direct Xxxxxxx Mac to redeem a related Callable Class in the same Series. CertiÑcated Pass-Through CertiÑcates: Pass-Through CertiÑcates which are issued in registered, certiÑcated form and are transferable and exchangeable at the oÇce of the Registrar. Class: All of the Pass-Through CertiÑcates having like terms created in respect of a single Pass- Through Pool. For each Pass-Through Pool, there may be one or more Classes; together, all Classes of Pass- Through CertiÑcates issued in respect of a Pass-Through Pool represent all the beneÑcial interests in the Pass- Through Pool.
Sample 1
Callable Class. A Class of Callable Pass-Through CertiÑcates representing the beneÑcial ownership of a speciÑed Callable Asset or Callable Assets, subject to the Call Right of the related Call Class. Callable Pass-Through CertiÑcates or CPCs: Pass-Through CertiÑcates designated by Xxxxxxx Mac as CPCs, which include at least one Call Class that has the right to direct Xxxxxxx Mac to redeem a related Callable Class in the same Series. CertiÑcated Pass-Through CertiÑcates: Pass-Through CertiÑcates which are issued in registered, certiÑcated form and are transferable and exchangeable at the oÇce of the Registrar.
Sample 1
Callable Class. A Class of Callable Pass-Through Certificates representing the beneficial ownership of a specified Callable Asset or Callable Assets, subject to the Call Right of the related Call Class. Callable Pass-Through Certificates or CPCs: Pass-Through Certificates designated by Xxxxxxx Mac as CPCs, which include at least one Call Class that has the right to direct Xxxxxxx Mac to redeem a related Callable Class in the same Series. Certificated Pass-Through Certificates: Pass-Through Certificates which are issued in registered, certificated form and are transferable and exchangeable at the oÇce of the Registrar. Class: All of the Pass-Through Certificates having like terms created in respect of a single Pass- Through Pool. For each Pass-Through Pool, there may be one or more Classes; together, all Classes of Pass- Through Certificates issued in respect of a Pass-Through Pool represent all the beneficial interests in the Pass- Through Pool.
Sample 1
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Related to Callable Class

  • Reductions in Class Principal Balances of the Notes On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Original Notes will be reduced (in each case without regard to any exchanges of Exchangeable Notes for MAC Notes), without any corresponding payment of principal, by the amount of the reduction, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of Tranche Write-down Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(b) above. If on the Maturity Date or any Payment Date a Class of MAC Notes is outstanding, all Tranche Write-down Amounts that are allocable to Exchangeable Notes that were exchanged for such MAC Notes will be allocated to reduce the Class Principal Balances or Notional Principal Amounts, as applicable, of such MAC Notes in accordance with the exchange proportions applicable to the related Combination.

  • Allocation of Subordinate Reduction Amount to the Reference Tranches On each Payment Date prior to the Termination Date, after allocation of the Senior Reduction Amount and the Tranche Write-down Amount or Tranche Write-up Amount, if any, for such Payment Date as described above, the Subordinate Reduction Amount will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

  • Partly Paid Notes Partly Paid Notes will be redeemed, whether at maturity, early redemption or otherwise, in accordance with the provisions of this Condition and the applicable Pricing Supplement.

  • Increases in Class Principal Balances of the Notes On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Original Notes will be increased (in each case without regard to any exchanges of Class M Notes for MAC Notes) by the amount of the increase, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(c) above. If on the Maturity Date or any Payment Date a Class of MAC Notes is outstanding, all Tranche Write-up Amounts that are allocable to Class M Notes that were exchanged for such MAC Notes will be allocated to increase the Class Principal Balances or Notional Principal Amounts, as applicable, of such MAC Notes in accordance with the exchange proportions applicable to the related Combination.

  • Corresponding Class of Reference Tranches With respect to (i) the Class M-1 Notes, the Class M-1 Reference Tranche, (ii) the Class M-2 Notes, the Class M-2 Reference Tranche, (iii) the Class M-3A Notes, the Class M-3A Reference Tranche, (iv) the Class M-3B Notes, the Class M-3B Reference Tranche and (v) the Class B Notes, the Class B Reference Tranche.

  • Amount of Funds; Application of Funds Lender may, at any time, collect and hold Funds in an amount up to, but not in excess of, the maximum amount a lender can require under RESPA. Lender will estimate the amount of Funds due in accordance with Applicable Law. The Funds will be held in an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home Loan Bank. Lender will apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender may not charge Borrower for: (i) holding and applying the Funds; (ii) annually analyzing the escrow account; or (iii) verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless Lender and Borrower agree in writing or Applicable Law requires interest to be paid on the Funds, Lender will not be required to pay Borrower any interest or earnings on the Funds. Lender will give to Borrower, without charge, an annual accounting of the Funds as required by RESPA.

  • Outstanding Notes The Notes outstanding at any time are all the Notes authenticated by the Trustee except for those canceled by it, those delivered to it for cancellation, those reductions in the interest in a Global Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section 2.08 as not outstanding. Except as set forth in Section 2.09 hereof, a Note does not cease to be outstanding because the Company or an Affiliate of the Company holds the Note; however, Notes held by the Company or a Subsidiary of the Company shall not be deemed to be outstanding for purposes of Section 3.07(a) hereof. If a Note is replaced pursuant to Section 2.07 hereof, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Note is held by a protected purchaser. If the principal amount of any Note is considered paid under Section 4.01 hereof, it ceases to be outstanding and interest on it ceases to accrue. If the Paying Agent (other than the Company, a Subsidiary or an Affiliate of any thereof) holds, on a redemption date or maturity date, money sufficient to pay Notes payable on that date, then on and after that date such Notes will be deemed to be no longer outstanding and will cease to accrue interest.

  • Maximum Class Size A. By September 7 of each year, no regular classroom teacher in an elementary school shall be assigned more than the number of students for each grade listed except as provided in 22-2-B and 22-8 below. K = 26 1-3 = 29 4-6 = 30 Combination = 27 Multi-Age Classes = 27

  • Allocation of Senior Reduction Amount to the Reference Tranches On each Payment Date prior to the Termination Date, after allocation of the Tranche Write-down Amount or Tranche Write-up Amount, if any, for such Payment Date as described above, the Senior Reduction Amount will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

  • Alternative Tenders 12.1 Unless otherwise specified in the TDS, alternative Tenders shall not be considered.

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