Exchangeable Initial Certificates definition

Exchangeable Initial Certificates. The Class A-3, Class A10 and Class A-14 Certificates, or the Certificates of each such Class, as the context may require, issued hereunder.
Sample 1
Exchangeable Initial Certificates. The Class 2-A7 and Class 2-A8 Certificates.
Sample 1
Exchangeable Initial Certificates. The Class 11-A1, Class 11-A5, Class 11-A8, Class 12-A3 and Class 13-A2 Certificates.
Sample 1

Examples of Exchangeable Initial Certificates in a sentence

  • With respect to any Distribution Date, the Outstanding Certificate Principal Balance (or notional amount, as applicable) of the Exchangeable Initial Certificates and Exchangeable Certificates will depend upon, among other factors, which exchanges, if any, have taken place hereunder.

  • 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.

  • The Certificates authorized by this Trust Agreement shall consist of each Class of Exchangeable Certificates and certificated Class of Exchangeable Initial Certificates having the characteristics specified or determined as described in Appendix A, and otherwise shall be subject to the terms and provisions set forth herein.

  • The Trustee acknowledges (i) the transfer and assignment to it of the Uncertificated REMIC Interests pursuant to Section 4.01(e) of the Pooling and Servicing Agreement and (ii) any transfer and assignment of certificated Exchangeable Initial Certificates pursuant to the foregoing paragraph, and hereby declares that it will hold the same in trust for the Certificateholders on the terms in this Trust Agreement contained.

  • Correspondingly, Exchangeable Certificates may be further designated for exchange for Certificates of the related Exchangeable Initial Certificates in respective denominations determined based on the proportion that the initial Outstanding Certificate Principal Balances of such Exchangeable Initial Certificates bear to the Original Certificate Principal Balances of the related Exchangeable Certificates, as set forth in Appendix A.

  • Each Class of Exchangeable Initial Certificates shall be exchangeable for the related Class of Exchangeable Certificates in respective denominations determined based on the proportion that the initial Outstanding Certificate Principal Balances of such Exchangeable Initial Certificates bear to the Original Certificate Principal Balance of the related Exchangeable Certificates, as set forth in Appendix A.

  • Exchangeable Certificates shall be exchangeable on the books of DTC for Exchangeable Initial Certificates, and Exchangeable Initial Certificates shall be exchangeable on the books of DTC for Exchangeable Certificates, on and after the Closing Date, by notice to the Paying Agent substantially in the form of Exhibit I hereto or, under the terms and conditions hereinafter set forth and otherwise in accordance with the procedures specified in the Pooling and Servicing Agreement.

  • On the Closing Date, the Original Certificate Principal Balance (or notional amount, as applicable) of each Class of Exchangeable Initial Certificates and Exchangeable Certificates will be the amount set forth for such Class in Section 4.01(d) of the Pooling and Servicing Agreement.

  • Upon the presentation and surrender by any Holder of its Exchangeable Initial Certificates in the appropriate combination as set forth on Appendix A, such Holder shall hereunder transfer, assign, set over and otherwise convey to the Trustee, all of such Holder’s right, title and interest in and to such Exchangeable Initial Certificates.

  • Upon the presentation and surrender by any Holder of its Exchangeable Initial Certificates in the appropriate combination as set forth on Appendix A, such Holder shall hereunder transfer, assign, set over and otherwise convey to the Trustee, all of such Holder's right, title and interest in and to such Exchangeable Initial Certificates.


More Definitions of Exchangeable Initial Certificates

Exchangeable Initial Certificates. The Class A-10, Class A-11, Class A-17, Class A-18 and Class A-19 Certificates.
Sample 1

Related to Exchangeable Initial Certificates

  • Additional Certificates has the meaning specified in Section 8.01(d).

  • Exchangeable Certificates As specified in the Preliminary Statement.

  • Accrual Certificates As specified in the Preliminary Statement.

  • 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.

  • Physical Certificates As specified in the Preliminary Statement.

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

  • Residual Certificates As specified in the Preliminary Statement.

  • Underlying REMIC Certificates The REMIC Certificates held in the Trust and evidencing beneficial interests in the REMIC Trust. US Bank: U.S. Bank National Association, a national banking association. ARTICLE II The Trust

  • 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.

  • Global Certificates Any Certificate registered in the name of the Depository or its nominee.

  • Notional Certificate Any Class A-IO Certificate.

  • Class A-SB Certificate Any one of the Certificates with a “Class A-SB” 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.

  • Rule 144A Global Certificates As defined in Section 5.02(c)(ii) of this Agreement.

  • 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 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Regulation S Global Certificates As defined in Section 5.02(c)(i) of this Agreement.

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

  • Retail Certificates A Senior Certificate, if any, offered in smaller minimum denominations than other Senior Certificates, and designated as such in the Series Supplement.

  • New Certificates has the meaning set forth in Section 3.04(a).

  • 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 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.

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.

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

  • Class L Certificate means any of the Certificates with a "Class L" 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.

  • Private Certificates As specified in the Preliminary Statement.

  • Definitive Capital Securities Certificates means either or both (as the context requires) of (i) Capital Securities Certificates issued as Book-Entry Capital Securities Certificates as provided in Section 5.11, and (ii) Capital Securities Certificates issued in certificated, fully registered form as provided in Section 5.13.