Guaranteed Maturity Class definition

Guaranteed Maturity Class. A Regular Class that is identified as such in the related Terms Supplement and issued by a Guaranteed Maturity REMIC Pool.
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Examples of Guaranteed Maturity Class in a sentence

  • If there are excess proceeds after such liquidation and payments to the Holders of each such Guaranteed Maturity Class (and any related MACR Classes), such excess proceeds shall be distributed to the Residual Class for the Guaranteed Maturity REMIC Pool that held the related Underlying REMIC Class.

  • The Administrator shall sell the Underlying REMIC Class to the highest bidder and shall deliver the Underlying REMIC Class to its purchaser in the purchaser’s name on or before the Business Day prior to the Final Payment Date for each related Guaranteed Maturity Class.

  • Each Guaranteed Maturity Class represents an interest in a Guaranteed Maturity REMIC Pool that directly or indirectly (through a separate Guaranteed Maturity REMIC Pool) holds one or more Underlying REMIC Classes of the related Series.

  • On its Final Payment Date, the Holders of any outstanding Guaranteed Maturity Class (and any related MACR Classes) shall receive payments as provided under Description of Certificates — Payments — Final Payment Dates — Guaranteed Maturity Classes in the Offering Circular.

  • Pursuant to such liquidation, the Administrator shall make payments to the Holders of each applicable Guaranteed Maturity Class (and any related MACR Classes) as provided under Description of Certificates — Payments — Final Payment Dates — Guaranteed Maturity Classes in the Offering Circular and in the related Terms Supplement.

  • This Class backs the Guaranteed Maturity Class and will not be offered initially.

  • On each Payment Date while the Guaranteed Maturity Class is outstanding, its Holders will receive the principal payments made on the same Payment Date on the Underlying RKMIC Class.

  • The Guaranteed Maturity Class will bear interest on each Payment Date at its Class Coupon.On its Final Payment Date, the Holders of the Guaranteed Maturity Class, if outstanding, will be entitled to receive the outstanding principal balance of their Certificates plus interest at the applicable Class Coupon accrued during the related Accrual Period, even if the Underlying RKMIC Class has not retired.See General Information Ì Structure of Transaction.

  • On each Payment Date while the Guaranteed Maturity Class is outstanding, its Holders will receive the principal payments made on the same Payment Date on the Underlying REMIC Class.

  • Such Notary/ Oath Commissioners are appointed by the Court of Law.

Related to Guaranteed Maturity Class

  • Maximum Maturity means an obligation that has a remaining maturity of not greater than the period specified in the Standard (or if no such period is specified, thirty years);

  • Maturity when used with respect to any Security, means the date on which the principal of such Security or an installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise.

  • Scheduled Maturity Date means June 30, 2032.

  • Final Maturity has the meaning specified in Section 308.

  • Principal Amount at Maturity of a Security means the principal amount at maturity as set forth on the face of the Security.

  • Postponed Maturity Date means the tenth Business Day following the originally scheduled Maturity Date;

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Class C Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Class A-3 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Class A-4 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

  • Accelerated Maturity Date means if the Company elects to accelerate the Maturity Date in accordance with Sections 2.2 (b) and 2.2(c), the date selected by the Company which is prior to the Scheduled Maturity Date, but is on an Interest Payment Date after June 30, 2007.

  • Latest Maturity Date means, as of any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time, including the latest maturity or expiration date of any Term Loan or Term Commitment.

  • Stated Maturity Date is the date, as set forth on the Accumulation Fund Schedule, when the Fund Balance is originally due and payable to the Policyholder.

  • Applicable Maturity means: (a) in relation to Screen Rate Determination, the period of time designated in the Reference Rate, and (b) in relation to ISDA Determination, the Designated Maturity.

  • Stated Maturity when used with respect to any Security or any installment of principal thereof or interest thereon, means the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable.

  • Class A-2 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • Term Maturity Date means December 30, 2021 (or, with respect to any Term Lender that has extended the maturity date of its Term Loans pursuant to Section 2.19(b), the extended maturity date set forth in the Extension Notice delivered by the Borrower and such Term Lender to the Administrative Agent pursuant to Section 2.19(b)).

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B-1 Loans, the Term B-1 Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Designated Maturity means, in relation to Screen Rate Determination, the period of time designated in the Reference Rate.