Non-Delay Certificates definition

Non-Delay Certificates. As specified in the Preliminary Statement.

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Non-Delay Certificates. Not applicable.

Non-Delay Certificates. As specified in the Preliminary Statement. Nonrecoverable P&I Advance: Any P&I Advance previously made or proposed to be made in respect of a Mortgage Loan or REO Property that, in the good faith business judgment of the Servicer, will not or, in the case of a proposed P&I Advance, would not be ultimately recoverable from related late payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds on such Mortgage Loan or REO Property as provided herein.

Examples of Non-Delay Certificates in a sentence

• All interest-bearing Classes of Certificates other than the Non-Delay Certificates, if any.

• Delay Certificates: All interest-bearing Classes of Certificates other than the Non-Delay Certificates.

• Delay Certificates All interest-bearing Classes of Certificates other than the Non-Delay Certificates, if any.

• All interest-bearing Classes of Certificates other than the Non-Delay Certificates.

• Non-Delay Certificates: Any of the Class AF-1, Class AV-1, Class AV-2, Class S, Class M-1, Class M-2, Class M-3 and Class B Certificates.

• The Class A-1 Certificates and the Subordinated Certificates Non-Delay Certificates.......

• Non-Delay Certificates: Any of the Class AF-1, Class AV-1, Class AV-2, Class S, Class M-1, Class M-2, Class M-3 and Class BV Certificates.

• Non-Delay Certificates .....................Class A, Class X and Subordinated Certificates.

• All interest-bearing Classes of Certificates other than any Non-Delay Certificates.

• Components For purposes of calculating distributions, the Component Certificates will be comprised of multiple payment components having the designations, Initial Component Balances and Pass- Through Rates set forth below: Initial Component Designation Balance Pass-Through Rate ----------- ----------------- ----------------- N/A N/A N/A Delay Certificates All interest-bearing Classes of Certificates other than the Non-Delay Certificates, if any.

More Definitions of Non-Delay Certificates

Non-Delay Certificates. As specified in the Preliminary Statement. Nonrecoverable P&I Advance: Any P&I Advance previously made or proposed to be made in respect of a Mortgage Loan or REO Property that, in the good faith business judgment of the Master Servicer, will not or, in the case of a proposed P&I Advance, would not be ultimately recoverable from related late payments, Insurance Proceeds (including any proceeds under the Mortgage Pool Insurance Policy), Condemnation Proceeds or Liquidation Proceeds on such Mortgage Loan or REO Property as provided herein. Nonrecoverable Servicing Advance: Any Servicing Advances previously made or proposed to be made in respect of a Mortgage Loan or REO Property, which, in the good faith business judgment of the Master Servicer, will not or, in the case of a proposed Servicing Advance, would not, be ultimately recoverable from related Insurance Proceeds (including any proceeds under the Mortgage Pool Insurance Policy), Condemnation Proceeds, Liquidation Proceeds or otherwise. Notice of Final Distribution: The notice to be provided pursuant to Section 9.02 to the effect that final distribution on any of the Certificates shall be made only upon presentation and surrender thereof.

Non-Delay Certificates. As specified in the Preliminary Statement. Nonrecoverable P&I Advance: Any P&I Advance previously made or proposed to be made in respect of a Mortgage Loan or REO Property that, in the good faith business judgment of the Master Servicer, will not or, in the case of a proposed P&I Advance, would not be ultimately recoverable from related late payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds on such Mortgage Loan or REO Property as provided herein. Nonrecoverable Servicing Advance: Any Servicing Advances previously made or proposed to be made in respect of a Mortgage Loan or REO Property, which, in the good faith business judgment of the Master Servicer, will not or, in the case of a proposed Servicing Advance, would not, be ultimately recoverable from related Insurance Proceeds, Condemnation Proceeds, Liquidation Proceeds or otherwise. Notice of Final Distribution: The notice to be provided pursuant to Section 9.02 to the effect that final distribution on any of the Certificates shall be made only upon presentation and surrender thereof.

Non-Delay Certificates. Any of the Class ____ Certificates.

Non-Delay Certificates. The Class A-5 and Class A-6 Certificates.

Non-Delay Certificates. As specified in the Preliminary Statement. Non-Permitted Transferee: A Person other than a Permitted Transferee. Non-U.S. Person: A person that is not a U.S. Person.