Common use of Class P Certificates Clause in Contracts

Class P Certificates. COFI Certificates.............................. None. Components..................................... None. Component Certificates......................... None. Delay Certificates............................. Class A-R Certificates. ERISA-Restricted Certificates.................. The Private Certificates and Residual Certificates; and Certificates of any Class that does not or no longer has a rating of BBB- or its equivalent, or better, from at least one Rating Agency.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar21)

Class P Certificates. COFI Certificates.............................. ........................................ None. Components..................................... ............................................... None. Component Certificates......................... ................................... None. Delay Certificates............................. ....................................... Class A-R Certificates. ERISA-Restricted Certificates.................. The Private Certificates and Residual Certificates; and Certificates of any Class that does not or no longer has a rating of BBB- or its equivalent, or better, from at least one Rating Agency.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2006-Flx1)