Class A-IO Certificate definition

Class A-IO Certificate. Any one of the Class A-IO Certificates executed, authenticated and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

Class A-IO Certificate. Any Certificate designated as a "Class A-IO Certificate" on the face thereof, in the form of Exhibit B hereto.

Class A-IO Certificate. Any Certificate designated as a “Class A-IO Certificate” on the face thereof, in the form of Exhibit A-6 hereto, representing the right to its Percentage Interest of distributions provided for the Class A-IO Certificates as set forth herein and evidencing a Regular Interest in the Master REMIC.

Examples of Class A-IO Certificate in a sentence

• Accrued interest, if any, on any Class A-IO Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.

• The Class A-IO Certificate is issuable only in registered form as a single Certificate representing the entire Percentage Interest in that Class and will be registered in the name of the nominee of the Clearing Agency, which shall maintain such Certificates through its book-entry facilities.

• Any Certificate executed and authenticated by the Trustee substantially in the form set forth in Exhibit A and designated as a Class A or Class A-IO Certificate pursuant to Section 6.01.

• The Final Scheduled Maturity Date for each of the Sub-REMIC Regular Interests, the REMIC I Regular Interests (other than the Class I-N1, Class I-N2 and Class I-N3 Interests), the REMIC II Regular Interests (other than the Class II-AIO, Class II-N1, Class II-N2, Class II-N3 and Class II-Marker Interests) and the Master REMIC Regular Interests (other than the Class A-IO Certificate) shall be the Distribution Date in December 2033.

• Each owner of record of a Class AIO Certificate will be entitled to interest payments only on each Distribution Date, which shall be calculated based on a notional principal balance equal to the aggregate outstanding principal balance of the Mortgage Loans.

More Definitions of Class A-IO Certificate

Class A-IO Certificate. Any one of the Certificates executed by the Paying Agent and countersigned by the Authenticating Agent in substantially the form set forth in Exhibit A-IO and Exhibit C hereto.

Class A-IO Certificate. Any one of the Class A-IO Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit A-3, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing a REMIC Regular Interest in REMIC 3.

Class A-IO Certificate. Any one of the Certificates designated on the face thereof as a Class A-IO Certificate, substantially in the form annexed hereto as Exhibit A-10, authenticated and delivered by the Trustee, representing the right to distributions as set forth herein.

Class A-IO Certificate. Any one of the Certificates executed by the Trustee on behalf of the Trust, not in its individual capacity, but solely as Trustee, authenticated by the Trustee and in substantially the form set forth in Exhibit A-4 hereto. Class A-IO Pass-Through Rate: 6.000% per annum.

Class A-IO Certificate. Any one of the Certificates designated on the face thereof as a Class AI-O Certificate, substantially in the form annexed hereto as Exhibit A-12 authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and each evidencing an interest designated as a “regular interest” in the Master REMIC created hereunder for purposes of the REMIC Provisions. The Class A-IO Certificates are comprised of the Group I A-IO Component and the Group II A-IO Component. The Class A-IO Certificates will not be entitled to any distributions after the 24th Distribution Date (except for any Class Interest Carryover Shortfalls).

Class A-IO Certificate. A regular interest in REMIC 4 that has a Notional Amount equal to the Class TA-2 Principal Amount and bears interest at the Class A-IO Pass-Through Rate.

Class A-IO Certificate. Any Certificate designated as a "Class A-IO Certificate" on the face thereof, in the form of Exhibit A-6 hereto, representing the right to distributions as set forth herein.