B-1 Certificates definition

B-1 Certificates. The Certificates designated as "Class C-B-1" on the face thereof in substantially the form attached hereto as Exhibit A.
B-1 Certificates. The Certificates designated as "Class D-B- 1" on the face thereof in substantially the form attached hereto as Exhibit A. Class D-B-1-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class D-B-2 Certificates: The Certificates designated as "Class D-B- 2" on the face thereof in substantially the form attached hereto as Exhibit A. Class D-B-2-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class D-B-3 Certificates: The Certificates designated as "Class D-B- 3" on the face thereof in substantially the form attached hereto as Exhibit A. Class D-B-3-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class D-B-4 Certificates: The Certificates designated as "Class D-B- 4" on the face thereof in substantially the form attached hereto as Exhibit A. Class D-B-4-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class D-B-5 Certificates: The Certificates designated as "Class D-B- 5" on the face thereof in substantially the form attached hereto as Exhibit A. Class D-B-5-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class D-B-6 Certificates: The Certificates designated as "Class D-B- 6" on the face thereof in substantially the form attached hereto as Exhibit A. Class D-B-6-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class D-Y Regular Interests: The Class D-Y-1 and Class D-Y-2 Regular Interests. Class D-Y-1 Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein. Class D-Y-1 Principal Distribution Amount: For any Distribution
B-1 Certificates. All Certificates bearing the class designation of "Class B-1."

Examples of B-1 Certificates in a sentence

  • The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and the interest portion of certain Realized Losses allocated to the Class B-1 Certificates, as described in the Agreement.

  • The rights of the Class B-1 Certificateholders to receive distributions in respect of the Class B-1 Certificates on any Distribution Date shall be subordinate to the rights of the Class A and Class M Certificateholders to receive distributions in respect of such Class A and Class M Certificates.

  • Each Class of Class B Certificates (other than the Class B-1 Certificates) is subordinated to the Class A Certificates, the Class M Certificates and each Class of Class B Certificates having a lower numerical class designation than such Class of Class B Certificates.

  • The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and any Relief Act Shortfall allocated to the Class B-1 Certificates, as described in the Agreement.

  • The pass-through rate on the Class B-1 Certificates applicable to each Distribution Date will be 6.500% per annum.

  • The pass-through rate on the Class B-1 Certificates applicable to each Distribution Date will be 6.750% per annum.

  • The pass-through rate on the Class B-1 Certificates applicable to each Distribution Date will be 6.250% per annum.

  • The applicable pass-through rate for the calculation of interest distributable on the Class B-1 Certificates: 0.345% per annum.

  • The pass-through rate on the Class B-1 Certificates applicable to each Distribution Date will be 6.000% per annum.

  • The amount of aggregate interest due and not paid on the Class B-1 Certificates as of the Distribution Date is $0.00.

Related to B-1 Certificates

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Class B-4 Certificates The Certificates designated as "Class B-4" on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class I-A-1 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-I-A-1 and Exhibit C hereto.

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1."

  • Class B-1 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-1 and Exhibit C hereto. Class B-1 Certificateholder: The registered holder of a Class B-1 Certificate.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Class B-4 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-4 and Exhibit C hereto. Class B-4 Certificateholder: The registered holder of a Class B-4 Certificate.

  • Class B-2 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-2 and Exhibit C hereto. Class B-2 Certificateholder: The registered holder of a Class B-2 Certificate.

  • Class A-2 Certificates means the Certificates, in the form attached hereto as Exhibit A-2, to be issued by the Trust representing a proportionate undivided beneficial ownership interest in certain distributions to be made by the Trust and having the characteristics described herein and in the Certificates.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Class B-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.

  • Class A-1 Certificate Any one of the Certificates with a “Class A-1” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class B-3 Certificates All Certificates bearing the class designation of "Class B-3".

  • Group 3 Certificates As specified in the Preliminary Statement.

  • Class A-2 Certificate Any one of the Certificates with a “Class A-2” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class B-3 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-3 and Exhibit C hereto. Class B-3 Certificateholder: The registered holder of a Class B-3 Certificate.

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Class A-3 Certificates All Certificates bearing the class designation of "Class A-3".

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Group 2 Certificate Any Class A-2 Certificate.

  • Class R-2 Certificate Any Certificate designated a “Class R-2 Certificate” on the face thereof, in the form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in REMIC II and representing the right to the Percentage Interest of distributions provided for the Class R-2 Certificates as set forth herein.

  • Class M-1 Certificates All Certificates bearing the class designation of "Class M-1".

  • Group 5 Certificates As specified in the Preliminary Statement.

  • Class M Certificates As specified in the Preliminary Statement.

  • Class A-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-6 and Exhibit C hereto.