Aggregate Certificate Balance definition

Aggregate Certificate Balance when used with respect to Certificates, means, at any time of determination, the aggregate of the Certificate Balances of any two or more Principal Balance Certificates or of all the Certificates of any particular Class or Classes of Principal Balance Certificates, or, when used with respect to an EX XXXXX III Regular Interest, shall have the same meaning as “Certificate Balance”, or, when used with respect to a Class PST Component, shall mean the Class A-S-PST Percentage Interest of the Certificate Balance of the Class A-S REMIC III Regular Interest, the Class B-PST Percentage Interest of the Certificate Balance of the Class B REMIC III Regular Interest or the Class C-PST Percentage Interest of the Certificate Balance of the Class C REMIC III Regular Interest, as applicable.

Aggregate Certificate Balance means the aggregate of the Certificate Balances of the Principal Balance Certificates, the REMIC I Regular Interests or the REMIC II Regular Interests, as the case may be, at any date of determination. With respect to a Class of Principal Balance Certificates, REMIC I Regular Interests or REMIC II Regular Interests, Aggregate Certificate Balance shall mean the aggregate of the Certificate Balances of all Certificates or Interests, as the case may be, of that Class at any date of determination.

Aggregate Certificate Balance means, as of any date of determination, the sum of the Certificate Balance as of such date of the Class C Certificates and the Certificate Balance as of such date of the Class D Certificates.

Examples of Aggregate Certificate Balance in a sentence

• The Pooling and Servicing Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Certificateholders under the Pooling and Servicing Agreement at any time by the parties thereto with the consent of the Holders of not less than 51% of the Aggregate Certificate Balance of the Certificates then outstanding, as specified in the Pooling and Servicing Agreement.

• After any Event of Default, the Trustee (i) may elect to terminate the Master Servicer by providing such notice, and (ii) shall provide such notice if holders of Certificates representing more than 25% of the Aggregate Certificate Balance of all Certificates so direct the Trustee.

• This Certificate represents an interest in the Class A-1 Certificates equal to the quotient expressed as a percentage obtained by dividing the initial Certificate Balance of this Certificate specified on the face hereof by the initial Aggregate Certificate Balance of the Class A-1 Certificates.

• This Certificate represents an interest in the Class A-4 Certificates equal to the quotient expressed as a percentage obtained by dividing the initial Certificate Balance of this Certificate specified on the face hereof by the initial Aggregate Certificate Balance of the Class A-4 Certificates.

• This Certificate represents an interest in the Class A-3 Certificates equal to the quotient expressed as a percentage obtained by dividing the initial Certificate Balance of this Certificate specified on the face hereof by the initial Aggregate Certificate Balance of the Class A-3 Certificates.

More Definitions of Aggregate Certificate Balance

Aggregate Certificate Balance means the aggregate of the Certificate Balances of the Principal Balance Certificates, the REMIC I Regular Interests, the REMIC II Regular Interests or REMIC III Regular Interests, as the case may be, at any date of determination. With respect to a Class of Principal Balance Certificates, REMIC I Regular Interests, REMIC II Regular Interests or REMIC III Regular Interests, Aggregate Certificate Balance shall mean the aggregate of the Certificate Balances of all Certificates or Interests, as the case may be, of that Class at any date of determination.

Aggregate Certificate Balance means, at any time of determination, the aggregate of the Certificate Balances of any two or more Principal Balance Certificates or of all the Certificates of any particular Class or Classes of Principal Balance Certificates.

Aggregate Certificate Balance means, as of any date, the aggregate principal amount of the Trust Certificates as of such date.

Aggregate Certificate Balance means the aggregate of the Certificate Balances of the Principal Balance Certificates, the 000 Xxxxxx Xxxxxx Pari Passu Loan REMIC Regular Interest, the REMIC I Regular Interests or the REMIC II Regular Interests, as the case may be, at any date of determination. With respect to a Class of Principal Balance Certificates, REMIC I Regular Interests or REMIC II Regular Interests, Aggregate Certificate Balance shall mean the aggregate of the Certificate Balances of all Certificates or Interests, as the case may be, of that Class at any date of determination.

Aggregate Certificate Balance means the aggregate of the Certificate Balances of the Principal Balance Certificates, the REMIC I Regular Interests (other than the Group X-Y REMIC I Regular Interests), the REMIC II Regular Interests (other than REMIC II Regular Interest X-Y) or, collectively, the REMIC Regular Certificates, as the case may be, at any date of determination. With respect to a Class of Principal Balance Certificates, REMIC I Regular Interests (other than the Group X-Y REMIC I Regular Interests) or REMIC II Regular Interests (other than REMIC II Regular Interest X-Y), Aggregate Certificate Balance shall mean the aggregate of the Certificate Balances of all Certificates or Interests, as the case may be, of that Class at any date of determination.

Aggregate Certificate Balance. With respect to any Issue at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Issue.

Aggregate Certificate Balance. With respect to the Certificates securing a Series, the aggregate of the Certificate Principal Balances for all such Certificates as of the date of determination.