Examples of Class O Certificate in a sentence
Any allocation of Realized Losses to a Class O Certificate or to a Mezzanine Certificate on any Distribution Date shall be made by reducing the Certificate Principal Balance thereof by the amount so allocated.
The Certificates consist of the following Classes: the Class A-1 and Class A-2 Certificates (the "Senior Certificates"), the Class M-1, Class M-2, Class B, and Class X Certificates (the "Subordinate Certificates"), and the Class O Certificate (the "Ownership Certificate").
Each owner of record of a Class O Certificate will be entitled to certain distributions, as described under Article IV of the Pooling and Servicing Agreement.
Any allocation of Realized Losses to a Class O Certificate, a Class B Certificate, or the Mezzanine Certificate on any Distribution Date shall be made by reducing the Certificate Principal Balance thereof by the amount so allocated.
Any allocation of Realized Losses to a Class O Certificate, Class B Certificate or to a Mezzanine Certificate on any Distribution Date shall be made by reducing the Certificate Principal Balance thereof by the amount so allocated.