CRB Certificate definition
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").