Examples of Class PST Certificates in a sentence
Principal and interest allocated to this Certificate on any Distribution Date will be in an amount due to this Certificate’s pro rata share of the amount to be distributed on the Class PST Certificates as of such Distribution Date, with a final distribution to be made upon retirement of this Certificate as set forth in the Pooling and Servicing Agreement.
This Certificate represents an interest in the Class PST Certificates equal to the quotient expressed as a percentage obtained by dividing the initial Certificate Balance of this Certificate specified on the face hereof by the initial Aggregate Certificate Balance of the Class PST Certificates.
This Certificate represents an interest in the Class PST Certificates equal to the quotient expressed as a percentage obtained by dividing the initial Certificate Balance of this Certificate specified on the face hereof (subject to adjustments reflected on the schedule of exchanges attached hereto) by the initial Aggregate Certificate Balance of the Class PST Certificates (as increased or decreased, as the case may be, to reflect any exchanges of Exchangeable Certificates).
At all times, the Class PST Certificates shall represent beneficial ownership interests in the Class PST Components.
The Class PST Certificates represent ownership of the Class PST Components.
We deviate from former surveys by allowing for a continuous response (i.e., the selection of a specific tax rate) instead of a binary (dis)approval of the tax.
Each of the Class PST Certificates represents a pro rata undivided beneficial interest in the Class PST Grantor Trust.
Under no circumstances may the Certificate Administrator vary the assets of the Class PST Grantor Trust so as to take advantage of variations in the market so as to improve the rate of return of Holders of the Class PST Certificates.
The Aggregate Denomination of all Class PST Certificates is equal to the aggregate of the initial Certificate Balance of the Class [__] Certificates and represents the maximum Certificate Balance of the Class PST Certificates that could be issued in an exchange.
The Class PST Certificates shall represent undivided beneficial interests in the portion of the Grantor Trust consisting of the Class PST Specific Grantor Trust Assets.