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Common use of Initial Notional Amount Clause in Contracts

Initial Notional Amount. These Classes of Certificates will be issued without a principal balance or an interest rate.

Appears in 1 contract

Sources: Trust Agreement (Lehman Mortgage Trust 2007-8)

Initial Notional Amount. These Classes This Class of Certificates will be issued without a principal balance or an interest rate.

Appears in 1 contract

Sources: Trust Agreement (Lehman Mortgage Trust 2007-10)

Related Clauses

  • Notional Amount
  • Withholding; No Additional Amounts; Tax Event and Redemption
  • Date and Denomination of Notes; Payments of Interest and Defaulted Amounts
  • Designation, Amount and Par Value
  • Designation and Principal Amount

Parent Clauses

  • REMIC Administration
  • Tax Treatment of the Class P Certificates
  • Tax Treatment of the Class P1 and Class P2 Certificates
  • Instructions to the Trustee
  • Permitted Withdrawals and Transfers from the Distribution Account

Sub-Clauses

  • Allocation of Certain Interest Shortfalls
  • Representations, Warranties and Covenants of the Master Servicer
  • DEFAULT
  • Title, Management and Disposition of REO Property
  • THE DEPOSITOR AND THE MASTER SERVICER
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