THE CERTIFICATES AND THE CLASS C CERTIFICATES. SECTION 9.01. The Certificates and Class C Certificates. The Class HI: A, the Class HI: M-1, the Class HI: M-2, the Class HI: B-1, the Class HI: B-2, the Class HE: A, the Class HE: M-1, the Class HE: M-2, the Class HE: B-1, the Class HE: B-2 and the Class C Certificates shall be substantially in the forms set forth in Xxxxxxxx X, X, X, X-0, X-0, X-0, E, F and L, as applicable, and shall, on original issue, be executed by the Trustee on behalf of the Trust to or upon the order of the Company. The Certificates shall be evidenced by (i) one or more Class HI: A-1 Certificates representing $44,331,000 in Original Class HI: A-1 Principal Balance, (ii) one or more Class HI: A-2 Certificates representing $30,710,000 in Original Class HI: A-2 Principal Balance, (iii) one or more Class HI: A-3 Certificates representing $32,959,000 in Original Class HI: A-3 Principal Balance, (iv) one or more Class HI: M-1 Certificates representing $10,800,000 in Original Class HI: M-1 Principal Balance, (v) one or more Class HI: M-2 Certificates representing $6,750,000 in Original Class HI: M- 2 Principal Balance, (vi) one or more Class HI: B-1 Certificates representing $6,412,000 in Original Class HI: B-1 Principal Balance, (vii) one or more Class HI: B-2 Certificates representing $3,038,000 in Original Class HI: B-2 Principal Balance, (viii) one or more Class HE: A-1 ARM Certificates representing $130,000,000 in Original Class HE: A-1 ARM Principal Balance, (ix) one or more Class HE: A-1 Certificates representing $210,936,000 in Original Class HE: A-1 Principal Balance, (x) one or more Class HE: A-2 Certificates representing $123,694,000 in Original Class HE: A-2 Principal Balance, (xi) one or more Class HE: A-3 Certificates representing $72,254,000 in Original Class HE: A-3 Principal Balance, (xii) one or more Class HE: A-4 Certificates representing $10,789,000 in Original Class HE: A-4 Principal Balance, (xiii) one or more Class HE: A-5 Certificates representing $14,077,000 in Original Class HE: A-5 Principal Balance; (xiv) one or more Class HE: A-6 Certificates representing $35,000,000 in Original Class HE: A-6 Principal Balance; (xv) one or more Class HE: A-7 IO Certificates representing $35,000,000 in Original Class HE: A-7 IO Notional Amount; (xvi) one or more Class HE: M-1 Certificates representing $42,560,000 in Original Class HE: M-1 Principal Balance, (xvii) one or more Class HE: M-2 Certificates representing $26,390,000 in Original Class HE: M-2 Principal Balance, (xviii) one or more Class HE: B-1 Certificates representing $24,675,000 in Original Class HE: B-1 Principal Balance, and (xix) one or more Class HE: B-2 Certificates representing $9,625,000 in Original Class HE: B-2 Principal Balance, beneficial ownership of such Classes of Certificates to be held through Book-Entry Certificates in minimum dollar denominations of $1,000. The Class C Subsidiary Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company and shall represent 100% of the Percentage Interest of the Class C Subsidiary Certificates. The Class C Master Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company and shall represent 100% of the Percentage Interest of the Class C Master Certificates.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)
THE CERTIFICATES AND THE CLASS C CERTIFICATES. SECTION 9.01. The Certificates and the Class C Certificates. The Class HI: A, the Class HI: M-1M, the Class HI: M-2, the Class HI: B-1, the Class HI: B-2, the Class HE: A, the Class HE: M-1, the Class HE: M-2, the Class HE: B-1, the Class HE: B-2 B and the Class C Certificates shall be substantially in the forms set forth in Xxxxxxxx XExhibits A-1, XA-2, XA-3, X-0B, X-0, X-0, E, F C and LI, as applicable, and shall, on original issue, be executed by the Trustee on behalf of the Trust to or upon the order of the Company. The Class A, the Class M and the Class B Certificates shall be evidenced by (i) one or more Class HI: A-1 A-1A ARM Certificates representing evidencing $44,331,000 250,000,000 in Original Class HI: A-1 A-1A ARM Principal Balance, (ii) one or more Class HI: A-2 A-1B ARM Certificates representing evidencing $30,710,000 100,000,000 in Original Class HI: A-2 A-1B ARM Principal Balance, (iii) one or more Class HI: A-3 A-1 Certificates representing evidencing $32,959,000 275,000,000 in Original Class HI: A-3 A-1 Principal Balance, (iv) one or more Class HI: M-1 A-2 Certificates representing evidencing $10,800,000 210,750,000 in Original Class HI: M-1 A-2 Principal Balance, (v) one or more Class HI: M-2 A-3 Certificates representing evidencing $6,750,000 67,100,000 in Original Class HI: M- 2 A-3 Principal Balance, (vi) one or more Class HI: B-1 A-4 Certificates representing evidencing $6,412,000 76,925,000 in Original Class HI: B-1 A-4 Principal Balance, (vii) one or more Class HI: B-2 A-5 Certificates representing evidencing $3,038,000 66,075,000 in Original Class HI: B-2 A-5 Principal Balance, (viii) one or more Class HE: A-1 ARM A-6 IO Certificates representing evidencing a Class A-6 IO Original Notional Principal Amount of $130,000,000 in Original Class HE: A-1 ARM Principal Balance60,000,000, (ix) one or more Class HE: A-1 M-1 Certificates representing evidencing $210,936,000 70,850,000 in Original Class HE: A-1 M-1 Principal Balance, (x) one or more Class HE: A-2 M-2 Certificates representing evidencing $123,694,000 70,200,000 in Original Class HE: A-2 M-2 Principal Balance, (xi) one or more Class HE: A-3 B-1 Certificates representing evidencing $72,254,000 46,800,000 in Original Class HE: A-3 B-1 Principal Balance, Balance and (xii) one or more Class HE: A-4 B-2 Certificates representing evidencing $10,789,000 66,300,000 in Original Class HE: A-4 Principal Balance, (xiii) one or more Class HE: A-5 Certificates representing $14,077,000 in Original Class HE: A-5 Principal Balance; (xiv) one or more Class HE: A-6 Certificates representing $35,000,000 in Original Class HE: A-6 Principal Balance; (xv) one or more Class HE: A-7 IO Certificates representing $35,000,000 in Original Class HE: A-7 IO Notional Amount; (xvi) one or more Class HE: M-1 Certificates representing $42,560,000 in Original Class HE: M-1 Principal Balance, (xvii) one or more Class HE: M-2 Certificates representing $26,390,000 in Original Class HE: M-2 Principal Balance, (xviii) one or more Class HE: B-1 Certificates representing $24,675,000 in Original Class HE: B-1 Principal Balance, and (xix) one or more Class HE: B-2 Certificates representing $9,625,000 in Original Class HE: B-2 Principal Balance, beneficial ownership of such Classes of Certificates (other than the Class B-2 Certificates) to be held through Book-Entry Certificates in minimum dollar denominations of $1,000. The Class C Subsidiary Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company and shall represent 100% of the Percentage Interest of the Class C Subsidiary Certificates. The Class C Master Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company and shall represent 100% of the Percentage Interest of the Class C Master Certificates. The Certificates and the Class C Certificates shall be executed by manual signature on behalf of the Trustee by a duly authorized Responsible Officer or authorized signatory. Certificates or the Class C Certificates bearing the signatures of individuals who were at any time the proper officers of the Trustee shall bind the Trustee, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the execution and delivery of such Certificate or Class C Certificates, or did not hold such offices at the date of such Certificates or Class C Certificates. No Certificate or Class C Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless such Certificate or Class C Certificate has been executed by manual signature in accordance with this Section, and such signature upon any Certificate or Class C Certificate shall be conclusive evidence, and the only evidence, that such Certificates or Class C Certificate has been duly executed and delivered hereunder. All Certificates and the Class C Certificates shall be dated the date of their execution, except for those Certificates and the Class C Certificates executed on the Closing Date, which shall be dated the Closing Date.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)
THE CERTIFICATES AND THE CLASS C CERTIFICATES. SECTION 9.01. The Certificates and the Class C Certificates. The Class HI: A, the Class HI: M-1M, the Class HI: M-2B, the Class HI: B-1, the Class HI: B-2, the Class HE: A, the Class HE: M-1, the Class HE: M-2, the Class HE: B-1, the Class HE: B-2 P and the Class C Certificates shall be substantially in the forms set forth in Xxxxxxxx XExhibits A-1, XA-2, XA-3, X-0B-1, X-0B-2, X-0C-1, EC-2, F Q and LI, as applicable, and shall, on original issue, be executed by the Trustee on behalf of the Trust to or upon the order of the CompanyOriginator. The Class A, the Class M and the Class B Certificates shall be evidenced by (i) one or more Class HI: A-1 AV-1 Certificates representing evidencing $44,331,000 205,778,858 in Original Class HI: A-1 AV-1 Principal Balance, (ii) one or more Class HI: A-2 AV-2 Certificates representing evidencing $30,710,000 28,854,474 in Original Class HI: A-2 AV-2 Principal Balance, (iii) one or more Class HI: A-3 MV-1 Certificates representing evidencing $32,959,000 20,750,000 in Original Class HI: A-3 MV-1 Principal Balance, (iv) one or more Class HI: M-1 MV-2 Certificates representing evidencing $10,800,000 17,200,000 in Original Class HI: M-1 MV-2 Principal Balance, (v) one or more Class HI: M-2 BV-1 Certificates representing evidencing $6,750,000 12,750,000 in Original Class HI: M- 2 BV-1 Principal Balance, (vi) one or more Class HI: B-1 AF-1 Certificates representing evidencing $6,412,000 178,634,491 in Original Class HI: B-1 AF-1 Principal Balance, (vii) one or more Class HI: B-2 AF-2 Certificates representing evidencing $3,038,000 129,334,162 in Original Class HI: B-2 AF-2 Principal Balance, (viii) one or more Class HE: A-1 ARM AF-3 Certificates representing evidencing $130,000,000 39,333,268 in Original Class HE: A-1 ARM AF-3 Principal Balance, (ix) one or more Class HE: A-1 AF-4 Certificates representing evidencing $210,936,000 51,500,000 in Original Class HE: A-1 AF-4 Principal Balance, (x) one or more Class HE: A-2 AF-5 Certificates representing evidencing $123,694,000 38,196,744 in Original Class HE: A-2 AF-5 Principal Balance, (xi) one or more Class HE: A-3 AF-6 Certificates representing evidencing $72,254,000 51,268,000 in Original Class HE: A-3 AF-6 Principal Balance, (xii) one or more Class HE: A-4 A-IO Certificates representing evidencing a Class A-IO Original Notional Principal Amount of $10,789,000 in Original Class HE: A-4 Principal Balance90,000,000, (xiii) one or more Class HE: A-5 MF-1 Certificates representing evidencing $14,077,000 32,700,000 in Original Class HE: A-5 MF-1 Principal Balance; , (xiv) one or more Class HE: A-6 MF-2 Certificates representing evidencing $35,000,000 30,300,000 in Original Class HE: A-6 MF-2 Principal Balance; , (xv) one or more Class HE: A-7 IO BF-1 Certificates representing evidencing $35,000,000 19,400,000 in Original Class HE: A-7 IO Notional Amount; BF-1 Principal Balance, (xvi) one or more Class HE: M-1 B-2 Certificates representing $42,560,000 30,500,003 in Original Class HE: M-1 B-2 Principal Balance, and (xvii) one or more Class HE: M-2 P Certificates representing evidencing $26,390,000 100 in Original Class HE: M-2 Principal Balance, (xviii) one or more Class HE: B-1 Certificates representing $24,675,000 in Original Class HE: B-1 Principal Balance, and (xix) one or more Class HE: B-2 Certificates representing $9,625,000 in Original Class HE: B-2 P Principal Balance, beneficial ownership of such Classes of Certificates (other than the Class P Certificates) to be held through Book-Entry Certificates in minimum dollar denominations of $1,0001,000 and integral multiples of $1.00 in excess thereof. The Class C Subsidiary Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company Originator and shall represent 100% of the Percentage Interest of the Class C Subsidiary Certificates. The Class C Master Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company Originator and shall represent 100% of the Percentage Interest of the Class C Master Certificates. The Certificates and the Class C Certificates shall be executed by manual signature on behalf of the Trustee by a duly authorized Responsible Officer or authorized signatory. Certificates or the Class C Certificates bearing the signatures of individuals who were at any time the proper officers of the Trustee shall bind the Trustee, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the execution and delivery of such Certificate or Class C Certificates, or did not hold such offices at the date of such Certificates or Class C Certificates. No Certificate or Class C Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless such Certificate or Class C Certificate has been executed by manual signature in accordance with this Section, and such signature upon any Certificate or Class C Certificate shall be conclusive evidence, and the only evidence, that such Certificates or Class C Certificate has been duly executed and delivered hereunder. All Certificates and the Class C Certificates shall be dated the date of their execution, except for those Certificates and the Class C Certificates executed on the Closing Date, which shall be dated the Closing Date.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)
THE CERTIFICATES AND THE CLASS C CERTIFICATES. SECTION 9.01. The Certificates and the Class C Certificates. The Class HI: A, the Class HI: M-1M, the Class HI: M-2, the Class HI: B-1, the Class HI: B-2, the Class HE: A, the Class HE: M-1, the Class HE: M-2, the Class HE: B-1, the Class HE: B-2 B and the Class C Certificates shall be substantially in the forms set forth in Xxxxxxxx XExhibits A-1, XA-2, XA-3, X-0B, X-0, X-0, E, F C and LI, as applicable, and shall, on original issue, be executed by the Trustee on behalf of the Trust to or upon the order of the CompanyOriginator. The Group I Fixed Rate Loans, Group I Adjustable Rate Loans and Group II Adjustable Rate Loans together and the Group II Fixed Rate Loans separately shall be deemed to be separate sub-trusts under the Trust. The Class A, the Class M and the Class B Certificates shall be evidenced by (i) one or more Class HI: A-1 A-1A ARM Certificates representing evidencing $44,331,000 175,000,000 in Original Class HI: A-1 A-1A ARM Principal Balance, (ii) one or more Class HI: A-2 A-1B ARM Certificates representing evidencing $30,710,000 75,000,000 in Original Class HI: A-2 A-1B ARM Principal Balance, (iii) one or more Class HI: A-3 A-1 Certificates representing evidencing $32,959,000 88,000,000 in Original Class HI: A-3 A-1 Principal Balance, (iv) one or more Class HI: M-1 A-2 Certificates representing evidencing $10,800,000 124,500,000 in Original Class HI: M-1 A-2 Principal Balance, (v) one or more Class HI: M-2 A-3 Certificates representing evidencing $6,750,000 39,368,000 in Original Class HI: M- 2 A-3 Principal Balance, (vi) one or more Class HI: B-1 A-3A Certificates representing evidencing $6,412,000 95,881,580 in Original Class HI: B-1 A-3A Principal Balance, (vii) one or more Class HI: B-2 A-4 IO Certificates representing evidencing a Class A-4 IO Original Notional Principal Amount of $3,038,000 in Original Class HI: B-2 Principal Balance75,000,000, (viii) one or more Class HE: A-1 ARM M-1 Certificates representing evidencing $130,000,000 42,375,000 in Original Class HE: A-1 ARM M-1 Principal Balance, (ix) one or more Class HE: A-1 M-2 Certificates representing evidencing $210,936,000 43,875,000 in Original Class HE: A-1 M-2 Principal Balance, (x) one or more Class HE: A-2 B-1 Certificates representing evidencing $123,694,000 26,250,000 in Original Class HE: A-2 B-1 Principal Balance, Balance and (xi) one or more Class HE: A-3 Certificates representing $72,254,000 in Original Class HE: A-3 Principal Balance, (xii) one or more Class HE: A-4 Certificates representing $10,789,000 in Original Class HE: A-4 Principal Balance, (xiii) one or more Class HE: A-5 Certificates representing $14,077,000 in Original Class HE: A-5 Principal Balance; (xiv) one or more Class HE: A-6 Certificates representing $35,000,000 in Original Class HE: A-6 Principal Balance; (xv) one or more Class HE: A-7 IO Certificates representing $35,000,000 in Original Class HE: A-7 IO Notional Amount; (xvi) one or more Class HE: M-1 Certificates representing $42,560,000 in Original Class HE: M-1 Principal Balance, (xvii) one or more Class HE: M-2 Certificates representing $26,390,000 in Original Class HE: M-2 Principal Balance, (xviii) one or more Class HE: B-1 Certificates representing $24,675,000 in Original Class HE: B-1 Principal Balance, and (xix) one or more Class HE: B-2 Certificates representing $9,625,000 28,500,420 in Original Class HE: B-2 Principal Balance, beneficial ownership of such Classes of Certificates (other than the Class B-2 Certificates) to be held through Book-Entry Certificates in minimum dollar denominations of $1,0001,000 and integral multiples of $1.00 in excess thereof. The Class C Subsidiary Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company Originator and shall represent 100% of the Percentage Interest of the Class C Subsidiary Certificates. The Class C Master Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company Originator and shall represent 100% of the Percentage Interest of the Class C Master Certificates.. The Certificates and the Class C Certificates shall be executed by manual signature on behalf of the Trustee by a duly authorized Responsible Officer or authorized signatory. Certificates or the Class C Certificates bearing the signatures of individuals who were at any time the proper officers of the Trustee shall bind the Trustee, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the execution and delivery of such Certificate or Class C Certificates, or did not hold such offices at the date of such Certificates or Class C Certificates. No Certificate or Class C Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless such Certificate or Class C Certificate has been executed by manual signature in accordance with this Section, and such signature upon any Certificate or Class C Certificate shall be conclusive evidence, and the only evidence, that such Certificates or Class C Certificate has been duly executed and delivered hereunder. All
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)
THE CERTIFICATES AND THE CLASS C CERTIFICATES. SECTION 9.01. The Certificates and Class C Certificates. The Class HI: A, the Class HI: M-1, the Class HI: M-2, the Class HI: B-1, the Class HI: B-2, the Class HE: A, the Class HE: M-1, the Class HE: M-2, the Class HE: B-1, the Class HE: B-2 and the Class C Certificates shall be substantially in the forms set forth in Xxxxxxxx XExhibits A, XB, XC, X-0D-1, X-0D-2, X-0D-3, E, F and L, as applicable, and shall, on original issue, be executed by the Trustee on behalf of the Trust to or upon the order of the Company. The Certificates shall be evidenced by (i) one or more Class HI: A-1 Certificates representing $44,331,000 83,000,000 in Original Class HI: A-1 Principal Balance, (ii) one or more Class HI: A-2 Certificates representing $30,710,000 67,000,000 in Original Class HI: A-2 Principal Balance, (iii) one or more Class HI: A-3 Certificates representing $32,959,000 25,000,000 in Original Class HI: A-3 Principal Balance, (iv) one or more Class HI: M-1 A-4 Certificates representing $10,800,000 33,500,000 in Original Class HI: M-1 A-4 Principal Balance, (v) one or more Class HI: M-2 A-5 Certificates representing $6,750,000 30,750,000 in Original Class HI: M- 2 A-5 Principal Balance, (vi) one or more Class HI: B-1 M-1 Certificates representing $6,412,000 24,750,000 in Original Class HI: B-1 M-1 Principal Balance, (vii) one or more Class HI: B-2 M-2 Certificates representing $3,038,000 12,900,000 in Original Class HI: B-2 M-2 Principal Balance, (viii) one or more Class HEHI: A-1 ARM B-1 Certificates representing $130,000,000 9,150,000 in Original Class HEHI: A-1 ARM B-1 Principal Balance, (ix) one or more Class HEHI: A-1 B-2 Certificates representing $210,936,000 13,950,000 in Original Class HEHI: A-1 B-2 Principal Balance, (x) one or more Class HE: A-2 A-1A ARM Certificates representing $123,694,000 30,000,000 in Original Class HE: A-2 A-1A ARM Principal Balance, (xi) one or more Class HE: A-3 A-1B ARM Certificates representing $72,254,000 245,000,000 in Original Class HE: A-3 A-1B ARM Principal Balance, (xii) one or more Class HE: A-4 A-1 Certificates representing $10,789,000 270,000,000 in Original Class HE: A-4 A-1 Principal Balance, (xiii) one or more Class HE: A-2 Certificates representing $117,000,000 in Original Class HE: A-2 Balance, (xiv) one or more Class HE: A-3 Certificates representing $107,000,000 in Original Class HE: A-3 Principal Balance, (xv) one or more Class HE: A-4 Certificates representing $28,000,000 in Original Class HE: A-4 Principal Balance, (xvi) one or more Class HE: A-5 Certificates representing $14,077,000 36,250,000 in Original Class HE: A-5 Principal Balance; , (xivxvii) one or more Class HE: A-6 Certificates representing $35,000,000 82,500,000 in Original Class HE: A-6 Principal Balance; , (xvxviii) one or more Class HE: A-7 IO Certificates representing $35,000,000 110,000,000 in Original Class HE: A-7 IO Original Notional Principal Amount; , (xvixix) one or more Class HE: M-1 Certificates representing $42,560,000 51,150,000 in Original Class HE: M-1 Principal Balance, (xviixx) one or more Class HE: M-2 Certificates representing $26,390,000 52,800,000 in Original Class HE: M-2 Principal Balance, (xviiixxi) one or more Class HE: B-1 Certificates representing $24,675,000 40,700,000 in Original Class HE: B-1 Principal Balance, and (xixxxii) one or more Class HE: B-2 Certificates representing $9,625,000 39,600,000 in Original Class HE: B-2 Principal Balance, beneficial ownership of such Classes of Certificates (other than the Class HI: B-2 Certificates and the Class HE: B-2 Certificates) to be held through Book-Entry Certificates in minimum dollar denominations of $1,000. The Class C Subsidiary Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company and shall represent 100% of the Percentage Interest of the Class C Subsidiary Certificates. The Class C Master Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company and shall represent 100% of the Percentage Interest of the Class C Master Certificates. The Certificates and the Class C Certificates shall be executed by manual signature on behalf of the Trustee by a duly authorized Responsible Officer or authorized signatory. Certificates or the Class C Certificates bearing the signatures of individuals who were at any time the proper officers of the Trustee shall bind the Trustee, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the execution and delivery of such Certificate or Class C Certificates, or did not hold such offices at the date of such Certificates or Class C Certificates. No Certificate or Class C Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless such Certificate or Class C Certificate has been executed by manual signature in accordance with this Section, and such signature upon any Certificate or Class C Certificate shall be conclusive evidence, and the only evidence, that such Certificate or Class C Certificate has been duly executed and delivered hereunder. All Certificates and the Class C Certificates shall be dated the date of their execution, except for those Certificates and the Class C Certificates executed on the Closing Date, which shall be dated the Closing Date.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)
