Class AF-2 definition

Class AF-2. Certificate Any Certificate executed and authenticated by the Trustee substantially in the form attached hereto as Exhibit A-1 and designated as a Class AF-2 Certificate. Class AF-3 Certificate Any Certificate executed and authenticated by the Trustee substantially in the form attached hereto as Exhibit A-1 and designated as a Class AF-3 Certificate. Class AF-4 Certificate Any Certificate executed and authenticated by the Trustee substantially in the form attached hereto as Exhibit A-1 and designated as a Class AF-4 Certificate. Class AF-5 Certificate Any Certificate executed and authenticated by the Trustee substantially in the form attached hereto as Exhibit A-1 and designated as a Class AF-5 Certificate. Class AF-6 Certificate Any Certificate executed and authenticated by the Trustee substantially in the form attached hereto as Exhibit A-1 and designated as a Class AF-6 Certificate.
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Class AF-2. Interest Carry "Class AF-3 Interest Carry Forward Amount": With respect Forward Amount": With respect to Forward Amount": With respect to to each Distribution Date, the each Distribution Date, the sum each Distribution Date, the sum sum of (i) the excess of (A) of (i) the excess of (A) Class of (i) the excess of (A) Class Class AF-1 Current Interest AF-2 Current Interest with AF-3 Current Interest with with respect to prior respect to prior Distribution respect to prior Distribution Distribution Dates over (B) the Dates over (B) the amount Dates over (B) the amount amount actually distributed to actually distributed to Class actually distributed to Class Class AF-1 with respect to AF-2 with respect to interest on AF-3 with respect to interest on interest on such prior such prior Distribution Dates and such prior Distribution Dates and Distribution Dates and (ii) (ii) interest thereon at the (ii) interest thereon at the interest thereon at the Class Class AF-2 Pass-Through Rate for Class AF-3 Pass-Through Rate for AF-1 Pass-Through Rate for the the related Accrual Period. the related Accrual Period. related Accrual Period.
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Examples of Class AF-2 in a sentence

  • The Owner hereof is entitled to principal payments on each Distribution Date, as hereinafter described, which will fully amortize such original Certificate Principal Balance of the Class AF-2 Certificates over the period from the date of initial issuance of the Certificates to the Final Scheduled Distribution Date for the Class AF-2 Certificates.

  • The Percentage Interest of each Class AF-2 Certificate as of any date of determination will be equal to the percentage obtained by dividing the original Certificate Principal Balance of such Class AF-2 Certificate on the Startup Day by the aggregate Certificate Principal Balance of the Class AF-2 Certificates on the Startup Day.

  • As provided in the Pooling and Servicing Agreement and subject to certain limitations therein set forth, Class AF-2 Certificates are exchangeable for new Class AF-2 Certificates of authorized denominations evidencing the same aggregate principal amount.

  • The Class AF-2 Certificates are issuable only as registered Certificates in minimum denominations of $25,000 original Certificate Principal Balance and in integral multiples of $1,000 in excess of $25,000.

  • Each Owner of record of a Class AF-2 Certificate will be entitled to receive such Owner’s Percentage Interest in the amounts due on such Distribution Date to the Owners of the Class AF-2 Certificates.

  • The Class AF-2 Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement.

  • Class AF-2 Certificate ---------------------- Any Certificate executed and authenticated by the Trustee substantially in the form attached hereto as Exhibit A-1 and designated as a Class AF-2 Certificate.

  • Class AF Certificates Class AF-1A, Class AF-1B, Class AF-2, Class AF-3, Class AF-4, Class AF-5 and Class AF-6 Certificates.

  • With respect to the Class AF-2, Class AF-3, Class AF-4, Class AF-5, Class AF-6, Class M-1, Class M-2, Class M-3 and Class M-4 Certificates and any Distribution Date, the calendar month preceding the month of such Distribution Date.

  • Class AF Certificates Class AF-1, Class AF-2, Class AF-3, Class AF-4, Class AF-5 and Class AF-6 Certificates.