Class V Certificate definition

Class V Certificate. Any of the Certificates with a “Class V” designation on the face thereof, substantially in the form of Exhibit A-3 attached hereto, and evidencing beneficial ownership of the Class V Specific Grantor Trust Assets.

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Class V Certificate means, subject to Section 2.05(b), any of the Certificates with a "Class V" designation on the face thereof, substantially in the form of Exhibit A-7 attached hereto, and evidencing a pro rata undivided interest in the Grantor Trust Assets.

Class V Certificate. Any one of the Certificates with a "Class V" designation on the face thereof, substantially in the form of Exhibit A-26 attached hereto, and evidencing undivided beneficial interests in the portion of the Trust Fund consisting of Excess Interest and the Excess Interest Distribution Account.

Examples of Class V Certificate in a sentence

Absent receipt of information regarding any sale of a Class V Certificate, an Exchangeable Certificate or a portion of the VRR Interest, including the price, amount of proceeds and date of sale from the beneficial owner thereof or the Depositor, the Certificate Administrator shall assume there is no secondary market trading of WHFIT interests.
Each Holder of a Class V Certificate or an Exchangeable Certificate and each VRR Interest Owner, by acceptance of its interest in such Class of Certificates or portion of the VRR Interest, as applicable, will be deemed to have agreed to provide the Certificate Administrator with information regarding any sale of such securities, including the price, amount of proceeds and date of sale.
Each Holder of a Class V Certificate or an Exchangeable Certificate and each VRR Interest Owner, by acceptance of its interest in such Class of securities or portion of the VRR Interest, as applicable, will be deemed to have agreed to provide the Certificate Administrator with information regarding any sale of such securities, including the price, amount of proceeds and date of sale.

More Definitions of Class V Certificate

Class V Certificate means any of the Certificates that collectively constitute the Class bearing the alphabetic class designation "V".

Class V Certificate. A Certificate designated as “Class V” on the face thereof, in the form of Exhibit A-10 hereto, representing undivided beneficial interests in the Class V Specific Grantor Trust Assets.

Class V Certificate. Any one of the Certificates executed and authenticated by the [Trustee][Certificate Administrator] or the Authenticating Agent in substantially the form set forth in Exhibit A-10 hereto.

Class V Certificate. Any one of the Certificates with a "Class V" designation on the face thereof, substantially in the form of Exhibit A-7 attached hereto, and evidencing a proportionate interest in Grantor Trust V; provided that the Class V Certificates will be issued only if the Trust Fund includes Trust ARD Loans.

Class V Certificate. A certificate evidencing an undivided interest in some or all of the uncertificated interests relating to the Class V Mortgage Loans. If a Class V Certificate represents an interest in less than all of the Class V Regular Interests, such certificate shall include a list of the Class V Mortgage Loans in which it represents an interest and the percentage interest that it represents in each Class V Regular Interest related to each of such Mortgage Loans.