Benefited Certificates definition

Benefited Certificates. The Class A Certificates and the Subordinate Certificates.
Benefited Certificates. The Class A-1 Certificates.
Benefited Certificates. The LIBOR Certificates.

Examples of Benefited Certificates in a sentence

  • All funds deposited in the Swap Administration Account shall be held for the benefit of the Counterparty, CHL and the Trustee on behalf of the Holders of the Benefited Certificates until withdrawn in accordance with this Section 3.

  • All funds deposited in the Corridor Contract Account shall be held for the benefit of CHL and the Trustee on behalf of the Holders of the Benefited Certificates until withdrawn in accordance with this Section 3.

  • All funds deposited in the Swap Administration Account shall be held for the benefit of the Counterparty, CHL and the Trustee on behalf of the Holders of the Benefited Certificates until withdrawn in accordance with Section 4.

  • All funds deposited in the Corridor Contract Account shall be held for the benefit of CHL and the Trustee on behalf of the Holders of the Benefited Certificates until withdrawn in accordance with Section 4.

  • The Corridor Contract Administrator shall perform such calculations based on (x) the aggregate Certificate Principal Balance of the Benefited Certificates provided by the Trustee pursuant to the Pooling and Servicing Agreement and (y) the Notional Balances, Day Count Fractions and values of LIBOR provided by the Counterparty pursuant to the Corridor Contract.


More Definitions of Benefited Certificates

Benefited Certificates. With respect to (i) the Class 1-A Corridor Contract, the Class 1-A Certificates, (ii) the Class 2-A Corridor Contract, the Class 2-A Certificates and (iii) the Subordinate Corridor Contract, the Subordinate Certificates.
Benefited Certificates. The Adjustable Rate Certificates.
Benefited Certificates. With respect to the Class 2-A-2A Swap Contract, the Class 2-A-2A Certificates and with respect to the Certificate Swap Contract, the LIBOR Certificates.
Benefited Certificates. The Senior and Subordinate Certificates (other than the Class A-R Certificates).
Benefited Certificates. The Class A-4-V and Class A-5-V Certificates.
Benefited Certificates. With respect to the Class A-4 Contract, the Class A-4 Certificates and with respect to the Class A-5 Contract, the Class A-5 Certificates.