Combinable Certificates definition

Combinable Certificates. The Certificates of any Combinable Class. Combinable Class: Each Class listed in the Schedule that is not an RCR Class.
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Combinable Certificates. The Certificates of any Combinable Class.
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Examples of Combinable Certificates in a sentence

  • Upon any such exchange the portion or portions of the Combinable Certificates designated for exchange shall be deemed cancelled and replaced by the RCR Certificate or Certificates issued in exchange therefor.

  • In the case of each Certificate Group, Certificates of the Class or Classes of Combinable Certificates in such Certificate Group shall be exchangeable for Certificates of the Class or Classes of RCR Certificates in such Certificate Group in respective denominations determined pursuant to the applicable Exchange Ratios.

  • Combinable Certificates shall be exchangeable on the books of a Reserve Bank for RCR Certificates, and RCR Certificates shall be exchangeable on the books of a Reserve Bank for Combinable Certificates, on and after the Settlement Date under the terms and conditions hereinafter set forth and otherwise in accordance with the procedures specified under “Description of the Certificates–Combination and Recombination” in the Prospectus Supplement.

  • Combinable Certificates shall be exchangeable on the books of a Reserve Bank for RCR Certificates, and RCR Certificates shall be exchangeable on the books of a Reserve Bank for Combinable Certificates, on and after the Settlement Date under the terms and conditions hereinafter set forth and otherwise in accordance with the procedures specified under “Description of the Certificates-Combination and Recombination” in the Prospectus Supplement.

  • As provided in the Trust Agreement, beneficial ownership interests in this Class of Certificates, together with beneficial ownership interests in each Class of Combinable Certificates included in the same Certificate Group, may be exchanged for beneficial ownership interests in the Class or Classes of RCR Certificates included in such Certificate Group.

  • Combinable Certificates shall be exchangeable on the books of a Reserve Bank for RCR Certificates, and RCR Certificates shall be exchangeable on the books of a Reserve Bank for Combinable Certificates, on and after the Settlement Date under the terms and conditions hereinafter set forth and otherwise in accordance with the procedures specified under “Description of the Certificates—Combination and Recombination” in the Prospectus Supplement.

  • Combinable Certificates shall be exchangeable on the books of the Depository for RCR Certificates on and after the Settlement Date under the terms and conditions hereinafter set forth.

  • Upon any such exchange the portions of the Combinable Certificates designated for exchange shall be deemed cancelled and replaced by the RCR Certificate or Certificates issued in exchange therefor.

  • Combinable Certificates shall be exchangeable on the books of a Reserve Bank for RCR Certificates, and RCR Certificates shall be exchangeable on the books of a Reserve Bank for Combinable Certificates, on and after the Settlement Date under the terms and conditions hereinafter set forth and otherwise in accordance with the procedures specified under “General–Combination and Recombination” in the Prospectus.

  • Any such exchange shall involve the issuance on the books of the Depository to the Holder designating such exchange of Certificates of each Combinable Class included in the such Certificate Group in proportions as nearly as practicable to those necessary to effect a distributional equivalency to the RCR Certificates surrendered for exchange as that described in the initial paragraph of this Section 2.03 in the case of exchanges of Combinable Certificates for RCR Certificates.

Related to Combinable Certificates

  • Exchangeable Certificates The Class A-S, Class B, Class C and Class PEX Certificates.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Class P Certificates All Certificates bearing the class designation of "Class P".

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Group 1 Certificates As specified in the Preliminary Statement.