Class B5 Certificate definition

Class B5 Certificate. Any one of the Class B5 Certificates executed by the Paying Agent and authenticated and delivered by the Authenticating Agent, substantially in the form annexed hereto as Exhibit A-15 and evidencing a Regular Interest in REMIC C for purposes of the REMIC Provisions.
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Class B5 Certificate. Any Class 1-B5 or Class 2-B5 Certificate.
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Class B5 Certificate. Any Certificate designated as a "Class B5 Certificate" on the face thereof, in the form of Exhibit A-4 hereto, representing the right to its Percentage Interest of distributions provided for the Class B5 Certificates as set forth herein and evidencing a Regular Interest in REMIC III.
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Examples of Class B5 Certificate in a sentence

  • No transfer of a Class B-5 Certificate will be made unless such transfer is exempt from the registration requirements of the Securities Act of 1933, as amended, and any applicable state securities laws or is made in accordance with said Act and laws.

  • Notwithstanding anything else to the contrary herein, any purported transfer of a Class M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate to or on behalf of a Plan, without the delivery to the Trustee and the Company of an opinion of counsel as described above, shall be void and of no effect.

  • Any transferee of a beneficial interest in any Class M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate which is in the form of a Book-Entry Certificate will be deemed to have made one of the representations set forth in the paragraph above unless the Trustee and the Company have received an opinion of counsel referred to in the paragraph above.

  • If such a transfer is to be made in reliance upon an exemption from said Act, (i) the Depositor may require (except with respect to the initial transfer of a Class B-3, Class B-4 or Class B-5 Certificate from ▇.▇.

  • The Holder of a Class B-3, Class B-4 or Class B-5 Certificate desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee, the Seller, the Master Servicer and any Paying Agent acting on behalf of the Trustee against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

  • If such a transfer is to be made in reliance upon an exemption from said Act, (i) the Depositor may require (except with respect to the initial transfer of a Class B-3, Class B-4 or Class B-5 Certificate from ▇▇▇▇▇▇ Brothers Inc.

  • The representations required in any investment letter shall be deemed to have been made in connection with a transfer of a Class B-5 Certificate that is a Book-Entry Certificate.

  • If such a transfer is to be made in reliance upon an exemption from said Act, (i) the Depositor may require (except with respect to the initial transfer of a Class B-3, Class B-4 or Class B-5 Certificate from Chase Securities Inc.

  • On or prior to the date of the first sale of any Class B-4 Certificate, Class B-5 Certificate or Class B-6 Certificate to an Independent third party, the Depositor shall provide to the Trustee ten copies of any private placement memorandum or other disclosure document used by the Depositor in connection with the offer and sale of the Class B-4 Certificates, Class B-5 Certificates or Class B-6 Certificates.

  • If such a transfer is to be made in reliance upon an exemption from said Act, (i) the Depositor may require (except with respect to the initial transfer of a Class B-3, Class B-4 or Class B-5 Certificate from J.▇.