CRB Certificate definition

CRB Certificate means any one of the [ ] issue issued by [ ] and transferred to the Trustee by the Depositor pursuant to Section 2.01, as from time to time are held as a part of the Trust Property and as are more fully described in the CRB Certificate Schedule attached hereto as Exhibit C.

Examples of CRB Certificate in a sentence

  • The Depositor shall be entitled to all amounts received by the Trustee in respect of any repurchased CRB Certificate to the extent the distribution of such amounts would not make the total amount distributed in respect of any such repurchased CRB Certificate greater than the Purchase Price therefor.

  • In connection with its receipts of any funds distributed in respect of a CRB Certificate on any Payment Date, the Trustee shall review the related CRB Certificate Statement and shall confirm that the principal and interest payments received on such Payment Date are equal to the distribution amount shown on the related CRB Certificate Statement.

  • Any such repurchase of a CRB Certificate by the Depositor shall be accomplished prior to the Distribution Date next following the receipt of such direction by a Majority in Interest of the Certificateholders at a price equal to the sum of (i) the outstanding principal amount of such CRB Certificate as of the date of such repurchase and (ii) all unpaid accrued interest on such CRB Certificate to the date of such repurchase at [ ] per annum (the "Purchase Price").

Related to CRB Certificate

  • Class SB Certificate Any one of the Certificates designated as a Class SB Certificate. Class X Certificate: Any one of the Certificates designated as a Class X Certificate.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class B Certificate Any one of the Certificates designated as a Class B-1 Certificate, Class B-2 Certificate or Class B-3 Certificate.

  • Class A-AB Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-5 hereto.

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.