Master Certificates definition

Master Certificates means all of the Certificates other than the Class C Subsidiary Certificates.
View Source
Master Certificates means the master certificates of deposit that are issued in connection with the CDs.
View Source

Examples of Master Certificates in a sentence

  • The Class C Master Certificates are being issued in a single class and are hereby designated by the Company as constituting the sole class of "residual interests" in the Master REMIC for purposes of Section 860G(a)(2) of the Code.

  • The Class A, the Class M, the Class B, the Class B-3I and the Class C Master Certificates shall be substantially in the forms set forth in Exhibits A, B, C-1, C-2 and K, respectively, and shall, on original issue, be executed by the Trustee on behalf of the Trust to or upon the order of the Company.

  • The Class C Master Certificate shall be evidenced by a single Class C Certificate issued on the Closing Date to the Company and shall represent 100% of the Percentage Interest of the Class C Master Certificates.

  • The Company does not represent that any Class of Master Certificates will, in fact, mature on any given date.

  • The expected final maturity of each Class of Master Certificates as set forth above is based on the assumptions that there are no defaults, prepayments or delinquencies with respect to payments due under the Contracts, and that the repurchase option is not exercised.

  • This Class C Master Certificate is one of the Class C Master Certificates described in the Agreement and is issued pursuant and subject to the Agreement.

  • As provided in the Agreement and subject to certain limitations therein set forth, this Class C Master Certificate is exchangeable for new Class C Master Certificates of authorized denominations evidencing the same aggregate Percentage Interest as requested by the holder surrendering the same.

  • The Class A, the Class M, the Class B, the Class B-3I and the Class C Master Certificates shall be substantially in the forms set forth in Exhibits A, B, C-1, C-2 and K, respectively, and shall, on original issue, be executed by the Trustee on behalf of the Trust to or upon the order of the Originator.

  • The Regular Certificates shall be "regular interests" in the Master REMIC and the Class C Master Certificates shall be the "residual interest" in the Master REMIC.

  • The Class C Master Certificates shall be issuable in Percentage Interests and shall be evidenced by a single Class C Master Certificate issued on the Closing Date to Green Tree Finance Corp.-Two.

Related to Master Certificates

  • Upper-Tier Certificate Any one of the Class A Certificates (other than the Class A-LR Certificate) and the Class B Certificates.

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

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

  • 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.