REMIC Certificates Clause Samples

REMIC Certificates. The REMIC shall issue the following Classes of Certificates, with the designations, initial Certificate Balances and Certificate Rates indicated, each of which shall be a Class of REMIC Certificates. A1 $100,000,000.00 6.00% A2 $ 6,250,000.00 6.00% A3 $ 1,250,000.00 6.00% A4 $ 87,342,000.00 6.00% A5 $254,464,000.00 6.00% A6 $ 59,070,000.00 6.00% A7 $254,784,000.00 Variable(2) A8 $ 84,928,000.00 Variable(2) B1 $ 8,299,000.00 6.00% B3 $ 4,805,000.00 6.00% B4 $ 1,747,000.00 6.00% B5 $ 1,747,000.00 6.00% B6 $ 1,747,416.00 6.00% A-P $ 163,394.00 0.00% A-X $ 93,752,104.00(1) 6.50% R - N/A(3) (1) Notional Amount. (2) The Annual Certificate Interest Rate for certificates with variable rates of interests are set forth in the table below: Class A7 LIBOR +1.10% 2.90% 8.00% 1.10% Class A8 20.70%-3*LIBOR 15.30% 20.70% 0.00% (3) N/A means Not Applicable
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REMIC Certificates. Multiclass PCs and
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Related to REMIC Certificates

  • Class PO Certificates Private Certificates..................................... Class P, Class B-4, Class B-5 and Class B-6 Certificates. Rating Agencies.......................................... Fitch and S&P. Regular Certificates..................................... All Classes of Certificates other than the Class A-R Certificates. Residual Certificate..................................... Class A-R Certificates.

  • Class R Certificates Subordinated Certificates.... Class M-1, Class M-2, Class M-3, Class B-1, Class B-2, Class B-3 and Class B-4 Certificates.

  • Senior Certificates The Class 1-A-1, Class 1-A-2, Class 1-A-3, Class 1-X-1, Class 1-X-2, Class 1-X-3 and Class A-R Certificates.

  • Additional Certificates The Company shall have furnished to the Agents such certificate or certificates, in addition to those specifically mentioned herein, as the Agents may have reasonably requested as to the accuracy and completeness at each Representation Date of any statement in the Registration Statement or the Prospectuses or any documents filed under the Exchange Act and Canadian Securities Laws and deemed to be incorporated by reference into the Prospectuses, as to the accuracy at such Representation Date of the representations and warranties of the Company herein, as to the performance by the Company of its obligations hereunder, or as to the fulfillment of the conditions concurrent and precedent to the obligations hereunder of the Agents.

  • Other Certificates Any other certificates of approval, acceptance or compliance required by Lender from any Governmental Authority having jurisdiction over the Mortgaged Property and the Repairs.