Initial Certificate Principal Balance definition

Initial Certificate Principal Balance. With respect to each Class of Certificates, the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date, as set forth in the Series Supplement.
Initial Certificate Principal Balance. With respect to any Certificate, the Certificate Principal Balance of such Certificate or any predecessor Certificate on the Closing Date.
Initial Certificate Principal Balance. With respect to any Regular Certificate, the amount designated “Initial Certificate Principal Balance” on the face thereof.

Examples of Initial Certificate Principal Balance in a sentence

  • The following table irrevocably sets forth the designation, Pass-Through Rate, Initial Certificate Principal Balance (or initial Uncertificated Principal Balance, in the case of the Class C Interest and the Class IO Interest) and, for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each class of Certificates and interests that represents ownership of one or more of the Regular Interests in REMIC III created hereunder.


More Definitions of Initial Certificate Principal Balance

Initial Certificate Principal Balance. With respect to each Class of Regular Certificates, the Initial Certificate Principal Balance of such Class of Certificates as set forth in the Preliminary Statement hereto, or with respect to any single Certificate, the Initial Certificate Principal Balance as stated on the face thereof.
Initial Certificate Principal Balance. With respect to any Certificate other than the Class C, Class ES and Class R Certificates, the amount designated “Initial Certificate Principal Balance” on the face thereof.
Initial Certificate Principal Balance. With respect to each Class of Certificates (other than the Class R Certificates), the Certificate Principal Balance of such Class of Certificates as of the Closing Date as set forth in the Preliminary Statement hereto. Insurance Proceeds: Proceeds paid in respect of the Mortgage Loans pursuant to any Primary Insurance Policy or any other related insurance policy covering a Mortgage Loan, to the extent such proceeds are payable to the mortgagee under the Mortgage, any Subservicer, the Master Servicer or the Trustee and are not applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the procedures that the Master Servicer would follow in servicing mortgage loans held for its own account.
Initial Certificate Principal Balance. With respect to any Class A, Class M, Class B or Class C or Certificate, the Certificate Principal Balance of such Certificate or any predecessor Certificate on the Closing Date as set forth in Section 5.01 hereof.
Initial Certificate Principal Balance on the face thereof.
Initial Certificate Principal Balance of this Certificate ("Denomination") $100.00
Initial Certificate Principal Balance. With respect to any Certificate, the Certificate Principal Balance of such Certificate or any predecessor Certificate on the Closing Date. Initial Overcollateralization Amount: $569.35.