Class A-P Certificate definition
Examples of Class A-P Certificate in a sentence
Each of the Certificates (other than the Class R Certificate, Class AP Certificate, the Class A1 Certificates, the Exchange Certificates and the Exchangeable Certificates), the Class A1 REMIC Interest and each of the Underlying REMIC Certificates represents ownership of one or more regular interests in REMIC 2 for purposes of the REMIC Provisions.
The Certificates, other than the Class R Certificate, the Class AX Certificate, and the Class AP Certificate, and each Component of the Class AX Certificate and the Class AP Certificate, are designated as regular interests in the Upper Tier REMIC.