Exchangeable Classes definition

Exchangeable Classes or “Exchangeable Certificates”: Each Class of Certificates identified as such in Appendix A hereto and issued hereunder.
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Exchangeable Classes. The Class or Classes of Exchangeable Certificates.
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Exchangeable Classes. The Class or Classes of Exchangeable Certificates. Exchangeable Combination: Either of Exchangeable Combination 1 or Exchangeable Combination 2.
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Examples of Exchangeable Classes in a sentence

  • TABLE 2AVAILABLE MODIFICATIONS AND COMBINATIONS (1) Exchange proportions are constant proportions of the original Class Principal Balances (or original Notional Principal Amounts, if applicable) of the Exchangeable Classes or MACR Classes, as applicable.

  • On each Distribution Date, the Realized Loss Allocation Amount for each Class Complex shall be applied pro rata, based on Class Principal Balance, among the Exchangeable Certificates in such Class Complex, other than the Interest Only Exchangeable Classes, in reduction of their respective Class Principal Balances.

  • On each Distribution Date, the Securities Administrator shall withdraw from the Trust Account the Class Principal Distribution Amount for each Class Complex and shall distribute such Class Principal Distribution Amount, pro rata based on Class Principal Balance, among the Exchangeable Certificates in such Class Complex, other than the Interest Only Exchangeable Classes, until the respective Class Principal Balances are reduced to zero.

  • TABLE 2AVAILABLE MODIFICATIONS AND COMBINATIONS ExchangeableOriginal Class Principal Balance/ Notional Exchange MACMaximum Class Principal Balance/Notional Exchange CUSIP Expected Ratings(1) Exchange proportions are constant proportions of the original Class Principal Balances (or original Notional Principal Amounts, if applicable) of the Exchangeable Classes or MAC Classes, as applicable.

  • Exchange proportions are constant proportions of the original Class Principal Balances (or original Notional Principal Amounts, if applicable) of the Exchangeable Classes or MAC Classes, as applicable.

  • Exchangeable Classes or Exchangeable Certificates: The Classes of Certificates identified as such, and issued under, the Exchange Trust Agreement.

  • TABLE 2AVAILABLE MODIFICATIONS AND COMBINATION ExchangeableOriginal Class Principal Exchange MAC Maximum Class Exchange CUSIP(1) Exchange proportions are constant proportions of the original Class Principal Balances of the Exchangeable Classes or MAC Classes, as applicable.

  • TABLE 2AVAILABLE MODIFICATIONS AND COMBINATIONS ExchangeableOriginal Class Principal Exchange MAC Maximum Class Exchange CUSIP(1) Exchange proportions are constant proportions of the original Class Principal Balances of the Exchangeable Classes or MAC Classes, as applicable.

  • As among any Outstanding Exchangeable Classes, distributions shall be made to such Certificates, pro rata, in proportion to the Class Certificate Balance of each such Class.

  • Exchangeable Classes may be exchanged for MACR Classes in the combinations set forth on Schedule I.

Related to Exchangeable Classes

  • Exchangeable Certificates As specified in the Preliminary Statement.

  • Exchangeable Notes means the Class M Notes and MAC Notes of the Xxxxxxx Mac STACR® Debt Notes, Series 2015-HQ1, which may be transferred only on the book-entry system operated by DTC or its successor, or under certain limited circumstances, in registered, certificated form, as provided in the Global Agency Agreement.

  • Exchangeable Stock means any Capital Stock of a corporation that is exchangeable or convertible into another security (other than Capital Stock of such corporation that is neither Exchangeable Stock or Redeemable Stock).

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;

  • Exchangeable Shares means the exchangeable shares in the capital of the Company, having the rights, privileges, restrictions and conditions set forth herein;

  • Subclass With respect to the Class A-V Certificates, any Subclass thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the Uncertificated Class A-V REMIC Regular Interest or Interests specified by the initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).

  • Voting Classes means Classes 4 and 5.

  • Exchange Certificates Means the pass through certificates substantially in the form of Exhibit A hereto issued in exchange for the Initial Certificates pursuant to the Registration Rights Agreement and authenticated hereunder.

  • 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.

  • Preferred ’ means any of the above securities that are publicly traded on a recognized securities exchange and the securities have a rating of ‘‘A’’ or above. If the securities are not ‘‘Preferred,’’ they are listed as ‘‘Other.’’

  • Series or “Series of Securities” means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • Classes The Offered Certificates shall be issued with the following Class designations, interest rates and principal balances, subject in the aggregate to the variance referred to in Section 1(a)[and, as to any particular Class, to an upward or downward variance of up to [ ]%]: Principal Interest Class Purchase Class Balance Rate Price Percentage ----- ------- ---- ----------------

  • exchangeable security means a security of an issuer that is exchangeable for, or carries the right of the holder to acquire, or of the issuer to cause the acquisition of, a security of another issuer;

  • Floating Rate Certificates The Class A Certificates and the Mezzanine Certificates.

  • Class C Certificate Any one of the Certificates with a “Class C” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Outstanding Voting Securities of any Person means the outstanding securities of such Person entitling the holders thereof to vote generally in the election of directors of such Person.

  • Class” or “Classes means any class or classes of Shares as may from time to time be issued by the Company;

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Class D Certificates “Class E Certificates,” “Class F Certificates,” “Class G Certificates,” “Class H Certificates,” “Class V Certificates” and “Class R Certificates” mean, in each such case, the Certificates designated as “Class A-1,” “Class A-2,” “Class A-SB,” “Class A-3,” “Class A-4,” “Class A-5,” “Class A-S,” “Class X-A,” “Class X-B,” “Class X-C,” “Class B,” “Class PST,” “Class C,” “Class D,” “Class E,” “Class F,” “Class G,” “Class H,” “Class V” and “Class R,” respectively, on the face thereof, in substantially the forms attached hereto as Exhibits A-1 to A-20.

  • Restricted Classes As defined in Section 4.02(e).

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Definitive Capital Securities means any Capital Securities in definitive form issued by the Trust.

  • Senior Securities means senior securities (as such term is defined and determined pursuant to the Investment Company Act and any orders of the SEC issued to the Borrower thereunder).

  • Component Certificates As specified in the Preliminary Statement.

  • Parity Preferred Units shall have the meaning provided in Section 4.