Class M Certificates definition

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.
Class M Certificates. As specified in the Preliminary Statement.
Class M Certificates. The Class M-1 and Class M-2 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. Any one of the Class M-I or Class M-II Certificates.
Class M Certificates. The Class A-M and Class M-1 Certificates, referred to collectively.
Class M Certificates. The Class IM-1 Certificates, Class IM-2 Certificates, Class IIM-1 Certificates and Class IIM-2 Certificates.
Class M Certificates. Any of the Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class I-M-6, Class I-M-7, Class I-M-8, Class I-M-9, Class I-M-10, Class I-M-11, Class II-M-1, Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class II-M-6, Class II-M-7, Class II-M-8, Class II-M-9, Class II-M-10 and Class II-M-11 Certificates.
Class M Certificates. Class N Certificates," "Class O Certificates," "Class P Certificates," "Class EI Certificates," "Class R-I Certificates," "Class R-II Certificates," or "Class R-III Certificates" mean the Certificates designated as "Class A-1," "Class A-1A," "Class A-2," "Class A-3," "Class A-4," "Class A-M," "Class A-J," Class X," "Class X-Y," "Class B," "Clxxx X," "Xxxxx X," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class P," "Class EI," "Class R-I," "Class R-II" and "Class R-III," respectively, on the face thereof, in substantially the form attached hereto as Exhibits A-1 through A-27.
Class M Certificates. The Certificates designated as "Class M" on the face thereof and in substantially the form attached hereto as Exhibit B.