Class H Certificate definition

Class H Certificate. A Certificate designated as “Class H” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.
Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

Examples of Class H Certificate in a sentence

  • The Servicer shall deliver to the Trustee, the Paying Agent, the Underwriters, the Placement Agents and to each Holder of a Class [F], Class [G] and Class [H] Certificate a copy of the notice of such Servicing Transfer Event provided by the Servicer to the Special Servicer pursuant to this Section.

  • None of the Depositor, the Trustee or the Certificate Registrar is obligated to register or qualify the Class H Certificates under the Securities Act or any other securities law or to take any action not otherwise required under the Agreement to permit the transfer of any Class H Certificate without registration or qualification.

  • The Servicer shall deliver to the Trustee, the Paying Agent, each Rating Agency, the Underwriters, the Placement Agents and each Holder of a Class [F], Class [G] and Class [H] Certificate, a copy of each such written report that it prepared or received from the Special Servicer within 20 days of its receipt from the Special Servicer or 60 days of its preparation by the Servicer.

  • Any Class H Certificateholder desiring to effect such a transfer shall, and by the acceptance of its Class H Certificate agrees to, indemnify the Depositor, the Trustee and the Certificate Registrar 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.

  • No transfer of any Class H Certificate shall be made unless that transfer is made pursuant to an effective registration statement under the Securities Act, and effective registration or qualification under applicable state securities laws, or is made in a transaction that does not require such registration or qualification.


More Definitions of Class H Certificate

Class H Certificate. A Certificate designated as "Class H" on the face thereof, in the form of Exhibit A-9 hereto.
Class H Certificate means any of the Certificates that collectively constitute the Class bearing the alphabetic class designation "H".
Class H Certificate. A Certificate designated as “Class H” on the face thereof, in the form of Exhibit A-1 hereto, and representing beneficial ownership of the Class H Specific Grantor Trust Assets.
Class H Certificate. Any of the Certificates issued hereunder and designated as such.