Initial Class Certificate Balance definition

Initial Class Certificate Balance. As to each Class of Certificates, the Class Certificate Balance set forth in the Preliminary Statement.

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Initial Class Certificate Balance. As to each Class of Certificates (other than the Class 1-IO, Class 2-IO, Class 3-IO and Class SES Certificates), the Class Certificate Balance set forth in the Preliminary Statement. The Class 1-IO, Class 2-IO, Class 3-IO and Class SES Certificates are Interest-Only Certificates and have no Initial Class Certificate Balance.

Initial Class Certificate Balance. As to each Class of Certificates (other than the Class A-5 and Class A-WIO Certificates), the Class Certificate Balance set forth in the Preliminary Statement. The Class A-5 and Class A-WIO Certificates are Interest-Only Certificates and have no Initial Class Certificate Balance.

Examples of Initial Class Certificate Balance in a sentence

• Class Initial Class Certificate Balance or Notional Amount(1) Approx.

• The Initial Class Certificate Balance of this Certificate is set forth above.

• Notwithstanding any other provision of this Section 5.03(b), no Class Certificate Balance of a Class of Certificates will be increased on any Distribution Date such that the Class Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates.

• Subject to the terms and conditions and in reliance upon the representations and warranties herein set forth, CWALT agrees to sell, and each Underwriter agrees, severally and not jointly, to purchase from CWALT, the respective Initial Class Certificate Balance of each Class of Underwritten Public Certificates to be purchased by such Underwriter as specified in the Prospectus Supplement.

• Any such reduction or increase shall be allocated among the Senior Certificates of such Group (but not the Class 15-PO and Class 5-PO Certificates), based on the Class Certificate Balances immediately prior to such Distribution Date or, in the case of the Class 1-A-11 or Class 1-A-16 Certificates, the respective Initial Class Certificate Balance, if lower, until the Class Certificate Balances thereof have been reduced to zero.

More Definitions of Initial Class Certificate Balance

Initial Class Certificate Balance. With respect to any Regular Certificate, the amount designated "Initial Class Certificate Balance" on the face thereof.

Initial Class Certificate Balance. As to each Class of Certificates (other than the Class 1-A-4, Class 1-A-6, Class 1-A-17, Class 2-A-3, Class 3-A-2, Class 30-IO, Exchangeable and Exchangeable REMIC Certificates), the Class Certificate Balance set forth in the Preliminary Statement. The Class 1-A-4, Class 1-A-6, Class 1-A-11, Class 1-A-17, Class 1-A-18, Class 1-A-19, Class 2-A-3, Class 3-A-2 and Class 30-IO Certificates are Interest Only Certificates and have no Initial Class Certificate Balance.

Initial Class Certificate Balance. With respect to each Class of Certificates, the Class Certificate Balance of such Class on the Closing Date.

Initial Class Certificate Balance. As to each Class of Certificates (other than the Class CB-IO and Class 15-IO Certificates), the Class Certificate Balance set forth in the Preliminary Statement. The Class CB-IO and Class 15-IO Certificates are Interest-Only Certificates and have no Initial Class Certificate Balance.

Initial Class Certificate Balance. As to each Class of Certificates (other than the Exchangeable REMIC Certificates, the Exchangeable Certificates and the Interest Only Certificates), the Class Certificate Balance set forth in the Preliminary Statement. The Interest Only Certificates have no Initial Class Certificate Balance.

Initial Class Certificate Balance. As to each Class of Certificates, the Class Certificate Balance set forth in the Preliminary Statement. Initial Fraud Loss Amount: $2,000,000.62. Initial Special Hazard Amount: $2,000,000.62.

Initial Class Certificate Balance. As to each Class of Certificates (other than the Class 1-A-3, Class 1-A-11, Class 30-IO, Class 15-IO and Class 15-PO Certificates), the Class Certificate Balance set forth in the Preliminary Statement. The Class 1-A-3, Class 1-A-11, Class 30-IO and Class 15-IO Certificates are Interest-Only Certificates and have no Initial Class Certificate Balance. The Initial Class Certificate Balance of the Class 15-PO Certificates is the sum of the Initial Component Balances for the Class 2-15-PO, Class 3-15-PO and Class 4-15-PO Components.