Exchanged Certificates definition

Exchanged Certificates means the Class II-A-5, Class II-A-6, Class II-A-7, Class II-A-8, Class II-A-9, Class II-A-10, Class II-A-11, Class II-A-12, Class III-A-6, Class III-A-7, Class III-A-8, Class III-A-9, Class A-X and Class A-PO Certificates.

Exchanged Certificates. Any of the Class I-A-3, Class I-A-4, Class I-A-5, Class I-A-6 and Class I-A-7 Certificates. Xxxxxx Mae: Xxxxxx Xxx (formally, Federal National Mortgage Association), or any successor thereto.

Exchanged Certificates. The Class [__] Certificates through Class [__] Certificates.

Examples of Exchanged Certificates in a sentence

• We agree that upon such exchange the portions of the Exchangeable [Exchanged] Certificates designated for exchange shall be deemed cancelled and replaced by the Exchanged [Exchangeable] Certificates issued in exchange therefor.

• Any Classes of Exchanged Certificates outstanding on any Distribution Date will be allocated the Realized Losses and interest shortfalls that would be allocable to each of the Classes of related Exchangeable Certificates in a Combination Group pursuant to this Section 4.05 and the definition of Accrued Certificate Interest were such Classes of Exchangeable Certificates outstanding on such date.

• In addition, such Exchanged Certificates shall be allocated the Realized Losses and interest shortfalls that would be allocable to each of the Classes of related Exchangeable Certificates in a Combination Group pursuant to this Section 4.05 and the definition of Accrued Certificate Interest were such Classes of Exchangeable Certificates outstanding on such date.

• The Exchangeable and Exchanged Certificates shall be transferred in uncertificated form to the Underwriter pursuant to Section 3 of the Underwriting Agreement.

• Voting Rights of Exchangeable Certificates will be allocated among Exchanged Certificates exchanged for such Exchangeable Certificates, pro rata, in accordance with their respective Certificate Principal Balances.

More Definitions of Exchanged Certificates

Exchanged Certificates. The Class A-3, Class A-4, Class A-5, Class A-6 and Class A-7 Certificates.

Exchanged Certificates. The III-A-4 Certificates. Grantor Trust: That portion of the Trust Fund consisting of the Grantor Trust Uncertificated REMIC II Regular Interests. Grantor Trust Account: The account designated by the Trustee pursuant to Section 5.08. Grantor Trust Uncertificated REMIC II Regular Interest: Any of the Uncertificated REMIC II Regular Interests, which are beneficially owned in the form of their related Exchangeable Certificates or Exchanged Certificates and rights with respect thereto. Group I Certificate: Any one of the Class I-A Certificates and the Class R Certificates, executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed to the Standard Terms as Exhibit A and Exhibit D, each such Certificate representing an undivided interest in Loan Group I.

Exchanged Certificates. Any of the Class A-3, Class A-4, Class A-5, Class A-6 and Class A-7 Certificates. Exemption: Prohibited Transaction Exemption 90-30, as amended from time to time.

Exchanged Certificates has the meaning specified in Subsection 2.07(d).

Exchanged Certificates. The Class II-A-3 Certificates.

Exchanged Certificates. The Class A-9 and Class A-10 Certificates.

Exchanged Certificates means the stock certificates representing the Exchanged Shares being returned to the Company for cancellation.