Class CE Certificates definition

Class CE Certificates. Any one of the Class CE Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit C-1, executed by the Securities Administrator on behalf of the Trust and authenticated and delivered by the Certificate Registrar, representing the right to distributions as set forth herein and therein.

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Class CE Certificates. The Class CE Certificates designated as such on the face thereof in substantially the form attached hereto as Exhibit A-3.

Class CE Certificates. Any of the Class I-CE Certificates and Class II-CE Certificates.

Examples of Class CE Certificates in a sentence

• If the Holders of a majority in Percentage Interest in the Class CE Certificates fail to provide investment instructions, funds on deposit in the Reserve Fund shall be held uninvested by the Securities Administrator without liability for interest or compensation.

• By acceptance of a Residual Certificate, the Holders of the Residual Certificates agree, in connection with any termination hereunder, to assign and transfer any amounts in excess of par, and to the extent received in respect of such termination, to pay any such amounts to the Holders of the Class CE Certificates.

• If no investment direction of the Holders of a majority in Percentage Interest in the Class CE Certificates with respect to the Net WAC Rate Carryover Reserve Account is received by the Trustee, the Trustee shall invest the funds in the Deutsche Bank Institutional Cash Management Fund 541 so long as it is a Permitted Investment.

• By acceptance of the Residual Certificates, the Holders of the Residual Certificates agree, in connection with any termination hereunder, to assign and transfer any amounts in excess of par, and to the extent received in respect of such termination, to pay any such amounts to the Holders of the Class CE Certificates.

• By acceptance of the Residual Certificates, the Holder of the Residual Certificates agrees, in connection with any termination hereunder, to assign and transfer any portion of the Termination Price in excess of par, and to the extent received in respect of such termination, to pay any such amounts to the Holders of the Class CE Certificates.

More Definitions of Class CE Certificates

Class CE Certificates. The Class CE Certificates, which represent (i) the corresponding Upper-Tier II Regular Interest for purposes of the REMIC Provisions, (ii) the obligation to pay Cap Carryover Amounts and (iii) the right to receive amounts from the Cap Carryover Reserve Account and the Overcollateralized Reserve Fund.

Class CE Certificates. The Class 1-CE Certificates and the Class 2-CE Certificates.

Class CE Certificates. All Certificates bearing the Class designation of "Class CE."

Class CE Certificates. Any one of the Class CE Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit C-6, executed by the Trustee on behalf of the Trust and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein, representing the REMIC 5 Components in the aggregate, and which is entitled to all distributions in respect of the REMIC 5 Components.

Class CE Certificates. Any one of the Class CE Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit C-1, executed by the Trustee on behalf of the Trust and authenticated and delivered by the Certificate Registrar, representing the corresponding REMIC 4 Regular Interest for purposes of the REMIC Provisions, (ii) the obligation to pay Cap Carryover Amounts, Swap Termination Payments and the Class IO Distribution Amount and (iii) the right to receive the Class IO Distribution Amount and amounts from the Cap Carryover Reserve Account and the Swap Account as set forth herein and therein.

Class CE Certificates. The Class I-CE Certificates and Class II-CE Certificates, collectively, and designated as such on the face thereof in substantially the form attached hereto as Exhibit A-4.

Class CE Certificates. The Class CE Certificates designated as such on the face thereof in substantially the form attached hereto as Exhibit A-4. Class CE-2 Excess Servicing Fee: As to each GMACM Serviced Mortgage Loan and any Distribution Date, an amount equal to one month’s interest at the Class CE-2 Excess Servicing Fee Rate on the Stated Principal Balance of such Mortgage Loan as of the Due Date in the month of such Distribution Date (prior to giving effect to any Scheduled Payments due on such Mortgage Loan on such Due Date).