Exchangeable Certificate definition

Exchangeable Certificate. Any of the Class A-S, Class B, Class PEZ or Class C Certificates.

Exchangeable Certificate means either Exchangeable Certificate 1 or Exchangeable Certificate 2.

Exchangeable Certificate means any or all of the Class 1-A-1M, Class 1-A-1S, Class 4-A-1M and Class 4-A-1S Certificates.

Examples of Exchangeable Certificate in a sentence

• As provided in the Pooling and Servicing Agreement and subject to certain limitations therein set forth, an Initial Exchangeable Certificate in a permitted combination may generally be exchanged for a proportionate interest in the related Exchangeable Certificates in such combination, and vice versa.

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

• The Securities Administrator shall make the first distribution on an Exchangeable Certificate or an Exchangeable REMIC Certificate received in an exchange transaction on the Distribution Date in the month following the month of the exchange to the Certificateholder of record as of the close of business on the last day of the month of the exchange.

• The Paying Agent shall make the first distribution on an Exchangeable Certificate or an Exchangeable Initial Certificate received in an exchange transaction on the Distribution Date in the month following the month of the exchange to the Certificateholder of record as of the close of business on the last day of the month of the exchange.

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

More Definitions of Exchangeable Certificate

Exchangeable Certificate. The Class 1-A-3, Class 1-A-4, Class 1-A-5, Class 1-A-6, Class 3-A-1, Class 3-A-6, Class 3-A-7, Class 3-A-8, Class 3-A-9, Class 3-A-10, Class 3-A-11, Class 3-A-12, Class 3-A-13, Class 3-A-14, Class 3-A-15, Class 3-A-16, Class 3-A-17, Class 3-A-18, Class 3-A-19, Class 3-A-20, Class 3-A-21, Class 3-A-22 and Class 3-A-23 Certificates.

Exchangeable Certificate means any of the Class 1-A-3, Class 1-A-8, Class 1-A-10, Class 1-A-17, Class 1-A-35, Class 1-A-36, Class 1-A-37, Class 1-A-38, Class 1-A-42, Class 1-A-43, Class 1-A-44, Class 1-A-45, Class 1-A-46, Class 1-A-47, Class 1-A-48, Class 1-A-51, Class 1-A-52, Class 1-A-53, Class 1-A-64, Class 1-A-65, Class 1-A-66, Class 1-A-67, Class 1-A-68, Class 1-A-69, Class 1-A-70, Class 1-A-71, Class 1-A-72, Class 1-A-73, Class 1-A-74, Class 1-A-75, Class 1-A-76, Class 1-A-77, Class 1-A-78, Class 1-A-79, Class 1-A-80, Class 1-A-81, Class 1-A-82, Class 1-A-83, Class 1-A-84, Class 1-A-85, Class 1-A-86, Class 1-A-87, Class 1-A-88, Class 1-A-89, Class 1-A-90, Class 1-A-91, Class 1-A-92, Class 1-A-96, Class 1-A-97, Class 1-A-98, Class 1-A-99, Class A-100, Class A-101, Class A-102, Class A-103, Class A-104, Class A-105, Class A-106, Class A-107, Class A-108, Class A-109, Class A-110, Class A-111, Class A-112, Class A-113 and Class A-114 Certificates.

Exchangeable Certificate means any or all of the Class 2-A-1A, Class 2-A-1B, Class 2-A-1C, Class 2-A-1D, Class 2-A-1E, Class 2-A-1F, Class 2-A-1G, Class 2-A-1H, Class 2-A-1I, Class 2-A-1J, Class 3-A-1A, Class 3-A-1B, Class 3-A-1C, Class 3-A-1D, Class 3-A-1E, Class 3-A-1F, Class 3-A-1G, Class 3-A-1H, Class 3-A-1I, Class 3-A-1J, Class 4-A-1A, Class 4-A-1B, Class 4-A-1C, Class 4-A-1D, Class 4-A-1E, Class 4-A-1F, Class 4-A-1G, Class 4-A-1H, Class 4-A-1I and Class 4-A-1J Certificates.

Exchangeable Certificate means any of Exchangeable Certificate 1, Exchangeable Certificate 2, Exchangeable Certificate 3, Exchangeable Certificate 4, Exchangeable Certificate 5, Exchangeable Certificate 6, Exchangeable Certificate 7, Exchangeable Certificate 8, Exchangeable Certificate 9, Exchangeable Certificate 10, Exchangeable Certificate 11, Exchangeable Certificate 12, Exchangeable Certificate 13, Exchangeable Certificate 14, Exchangeable Certificate 15, Exchangeable Certificate 16, Exchangeable Certificate 17, Exchangeable Certificate 18, Exchangeable Certificate 19, Exchangeable Certificate 20, Exchangeable Certificate 21, Exchangeable Certificate 22, Exchangeable Certificate 23, Exchangeable Certificate 24, Exchangeable Certificate 25, Exchangeable Certificate 26, Exchangeable Certificate 27, Exchangeable Certificate 28, Exchangeable Certificate 29, Exchangeable Certificate 30, Exchangeable Certificate 31, Exchangeable Certificate 32, Exchangeable Certificate 33, Exchangeable Certificate 34, Exchangeable Certificate 35, Exchangeable Certificate 36 or Exchangeable Certificate 37.

Exchangeable Certificate. Any of the Class [__], Class [__], Class PEZ or Class [__] Certificates.]

Exchangeable Certificate means the certifi- ________________________ cate designated the "Exchangeable Certificate" under the Servicing Agreement executed by Buyer and authenticated by the Trustee and exchangeable for one or more Series of Investor Certificates and a reissued Exchangeable Certif- icate pursuant to the Servicing Agreement.

Exchangeable Certificate means the certificate substantially in the form of Exhibit A and exchangeable as provided in Section 6.03 of this Agreement.