Class B-4 Certificates definition

Class B-4 Certificates. The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

Class B-4 Certificates. All Certificates bearing the class designation of "Class B-4."

Class B-4 Certificates. The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A. Class B-4-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.

Examples of Class B-4 Certificates in a sentence

• The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and the interest portion of certain Realized Losses allocated to the Class B-4 Certificates, as described in the Agreement.

• The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and any Relief Act Shortfall allocated to the Class B-4 Certificates, as described in the Agreement.

• The pass-through rate on the Class B-4 Certificates applicable to each Distribution Date will be 6.500% per annum.

• The pass-through rate on the Class B-4 Certificates applicable to each Distribution Date will be 6.750% per annum.

• The pass-through rate on the Class B-4 Certificates applicable to each Distribution Date will be 6.250% per annum.

More Definitions of Class B-4 Certificates

Class B-4 Certificates. The Certificates designated as "Class B-4" on the face thereof in substantially the form attached hereto as Exhibit A. Class B-4-L Regular Interest: The uncertificated undivided beneficial interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class B-5 Certificates: The Certificates designated as "Class B-5" on the face thereof in substantially the form attached hereto as Exhibit A. Class B-5-L Regular Interest: The uncertificated undivided beneficial interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein.

Class B-4 Certificates. All Certificates bearing the class designation of “Class B-4,” 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-4 Certificates. The Certificates designated as "Class B-4" on the face thereof in substantially the form attached hereto as Exhibit A-15. The Class B-4 Certificates, all of which are related to the Mortgage Loans both in Loan Group I and Loan Group II, shall be entitled to receive distributions related to such Mortgage Loans.

Class B-4 Certificates. The Class B-4 Certificates created pursuant to Section 3 hereof.

Class B-4 Certificates. Any one of the Class B-4 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.

Class B-4 Certificates. Any of the Class I-B-4 Certificates and Class II-B-4 Certificates Class C Certificate: Any of the Class I-C Certificates or Class II-C Certificates.

Class B-4 Certificates. All Certificates bearing the class designation of “Class B-4”. Class B-4 Interest: The Upper Tier Regular Interest held by the Class B-4 REMIC and described in the Preliminary Statement and the related footnote thereto.