Class I Certificates definition

Class I Certificates. Collectively, the Class I-1 Certificates, the Class I-2 Certificates and the Class I-3 Certificates.

Class I Certificates. The Luminent Mortgage Trust 2007-1 Mortgage Pass-Through Certificates, Series 2007-1, Class I-A and Class I-B Certificates.

Class I Certificates. CLASS J CERTIFICATES," "CLASS K CERTIFICATES," "CLASS L CERTIFICATES," "CLASS M CERTIFICATES," "CLASS R-I CERTIFICATES," "CLASS R-II CERTIFICATES" or "CLASS R-III CERTIFICATES," mean the Certificates designated as "Class A-1," "Class A-2," "Class X," "Class B," "Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class I," "Class J," "Class K," "Class L," "Class

Examples of Class I Certificates in a sentence

• In no event shall Realized Losses be allocated to the Class A-1A Certificates, the Group II Certificates or the Class I Certificates.

• The provisions of this Tax Partnership Agreement shall be effective as of the effective date of the sale by the Depositor of the Class A Certificates and Class I Certificates and the issuance to the Depositor of the Class IC Certificate (the "Effective Date") and shall continue in full force and effect from and after such date until the earliest of: (a) the termination of the Agreement pursuant to its terms; or (b) the mutual agreement of all of the Tax Partners to terminate the Trust.

• As provided in the Pooling and Servicing Agreement and subject to certain limitations therein set forth, Class I Certificates are exchangeable for new Class I Certificates of authorized denominations evidencing the same aggregate principal amount.

• The Class A Certificates and Class I Certificates shall initially be registered on the Certificate Register in the name of CEDE & Co., the nominee of the Clearing Agency, and no Certificate Owner will receive a definitive Certificate representing such Certificate Owner's interest in the Certificates, except as provided in Section 11.10.

• The Class A Certificates and Class I Certificates, upon original issuance, shall be issued in the form of one or more typewritten Certificates representing the Book-Entry Certificates, to be delivered to The Depository Trust Company, the initial Clearing Agency, by, or on behalf of, the Depositor, except for the residual amount Certificates described in Section 11.01.

• The Class X Certificates, the Class I Certificates, the Class P Certificates, the Class O Certificates and the Residual Certificates are issuable in any Percentage Interests; provided, however, that the sum of all such percentages for each such Class totals 100% and no more than ten Certificates of each Class may be issued.

• The Class I Certificates shall be issued in one or more whole dollar denominations which in the aggregate do not exceed the Original Notional Principal Amount.

• Each owner of record of a Class I Certificate will be entitled to receive such owner's Percentage Interest in the amounts distributed on such Distribution Date to the owners of the Class I Certificates.

• The Class C Certificates, the Class I Certificates and the Residual Certificates are issuable in any Percentage Interests; provided, however, that the sum of all such percentages for each such Class totals 100% and no more than ten Certificates of each Class may be issued.

• Each of the Class A Certificates, the Mezzanine Certificates, the Class B Certificates, the Class X Certificates, the Class I Certificates, the Class P Certificates, the Class O Certificates and the Residual Certificates shall be substantially in the forms annexed hereto as exhibits, and shall, on original issue, be executed, authenticated and delivered by the Trustee to or upon the order of the Company concurrently with the sale and assignment to the Trust of the Trust Fund.

More Definitions of Class I Certificates

Class I Certificates means the certificates issued by the Class I Trust, substantially in the form of Exhibit A to the Class I Trust Agreement, and authenticated by the Class I Trustee, representing fractional undivided interests in the Class I Trust, and any certificates issued in exchange therefor or replacement thereof pursuant to the terms of the Class I Trust Agreement.

Class I Certificates means the Class I Certificates, substantially in the form of Exhibit A hereto.

Class I Certificates. The Class IA1-L, Class IA2-L, Class IA3-L, Class IX-L and Class IP-L Certificates, collectively. CLASS IA CERTIFICATES: Class IA1-L, Class IA2-L and Class IA3-L, collectively. CLASS IA LIQUIDATION AMOUNT: The aggregate of, for each Group I Loan which became a Liquidated Mortgage Loan during the Prior Period, the lesser of: (i) the Class IA Percentage of the Principal Balance of such Mortgage Loan (exclusive of the Class IP Fraction thereof with respect to any Class IP Mortgage Loan), and (ii) the Class IA Prepayment Percentage of Liquidation Principal with respect to such Mortgage Loan.