Class M Certificates definition

Class M Certificates. As specified in the Preliminary Statement.
Class M Certificates. The Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Certificates.
Class M Certificates. Any of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Certificates.

Examples of Class M Certificates in a sentence

  • The Class M Certificates evidence in the aggregate the Class M Percentage of distributions relating to repayments of principal and interest on such Mortgage Loans.

  • The Class M Certificates evidence in the aggregate the Class M Percentage of distributions relating to repayments of principal and interest on the Mortgage Loans.

  • For purposes of allocating losses to the Subordinated Certificates, the Class M Certificates will be deemed to have a lower numerical Class designation, and to be of a higher relative payment priority, than each other Class of Subordinated Certificates.

  • The Class A Certificates (other than the Class A-R Certificate), the Class M Certificates and the Class B Certificates will constitute "regular interests" in the REMIC.

  • The rights of the Class B Certificateholders to receive distributions in respect of the Class B Certificates on any Distribution Date shall be subordinated to the rights of the Class A and Class M Certificateholders to receive distributions in respect of the Class A and Class M Certificates.


More Definitions of Class M Certificates

Class M Certificates. Collectively, the Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8 and Class M9 Certificates.
Class M Certificates. The Class M-1, Class M-2 and Class M-3 Certificates.
Class M Certificates. Any of the Class M-1, Class M-2 and Class M-3 Certificates.
Class M Certificates. The Class M-1 Certificates, the Class M-2 Certificates and the Class M-3 Certificates.
Class M Certificates. Any one of the Class M-1, Class M-2 or Class M-3 Certificates.
Class M Certificates. The Class M-1 Certificates and Class M-2 Certificates.
Class M Certificates. The Class IM-1 Certificates, Class IM-2 Certificates, Class IIM-1 Certificates and Class IIM-2 Certificates.