More Definitions of Class B-3 Certificates
Class B-3 Certificates. The Certificates designated as “Class B-3” on the face thereof in substantially the form attached hereto as Exhibit A. Class B-3-L Regular Interest: The uncertificated undivided beneficial interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein.
Class B-3 Certificates. All Certificates bearing the class designation of “Class B-3,” and evidencing (i) a REMIC Regular Interest in REMIC III, (ii) the right to receive the related Basis Risk CarryForward Amount and (iii) the obligation to pay any Class IO Distribution Amount.
Class B-3 Certificates. Any one of the Class B-3 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Securities Administrator and authenticated and delivered by the Securities Administrator, representing the right to distributions as set forth herein and therein and evidencing a REMIC Regular Interest in REMIC 2.