Examples of Class RL Certificate in a sentence
Any remaining amounts will be distributed to the Class RL Certificate; provided, however, that no amounts will be distributed to the Class RL Certificate until the X-IO Maturity Date, except as provided in the following sentence.
On the Closing Date, the Issuer will issue to the Trustor (and the Trustor will retain) those certain certificates designated the "Class R Certificate" and "Class RL Certificate" substantially in the forms set forth in Exhibits A- 2 and A-3 hereto, respectively.
The Lower-Tier REMIC will issue the regular interests listed below (excluding the Class RL Certificate), each of which will be a "regular interest" in the Lower-Tier REMIC within the meaning of Section 860G(a)(1) of the Code (the "Lower-Tier Regular Interests").