Non-VRR Certificates definition

Non-VRR Certificates. The Class A-1, Class A-2, Class A-SB, Class A-3, Class A-4, Class X-A, Class X-B, Class X-D, Class X-F, Class A-M, Class B, Class C, Class D, Class E, Class F, Class G-RR and Class H-RR Certificates.
Non-VRR Certificates. The Principal Balance Certificates and the Class X Certificates.

Examples of Non-VRR Certificates in a sentence

Appraisal Reduction Amounts and Cumulative Appraisal Reduction Amounts allocated to a related Mortgage Loan shall be allocated between the VRR Interest on the one hand and the Non-VRR Certificates, on the other hand, based on the VRR Percentage and the Non-VRR Percentage, respectively.


More Definitions of Non-VRR Certificates

Non-VRR Certificates. All of the Certificates other than the VRR Interest.
Non-VRR Certificates. All of the Certificates other than the Class RR Certificates and the Class R Certificates.
Non-VRR Certificates. The Class A-2, Class A-3, Class A-4, Class A-SB, Class X-A, Class A-S, Class B, Class C, Class D and Class S Certificates.
Non-VRR Certificates. All of the Certificates other than the VRR Interest and the F5T-VRR Interest.
Non-VRR Certificates. The Certificates other than the VRR Interest and the Class R Certificates.

Related to Non-VRR Certificates

HRR Certificates The Class F-RR, Class G-RR and Class NR-RR Certificates.
Class J-RR Certificate A Certificate designated as “Class J-RR” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.
Class H-RR Certificate A Certificate designated as “Class H-RR” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.
Class X-H Certificate A Certificate designated as “Class X-H” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.
Class H Certificate means any of the Certificates with a "Class H" 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.
Class G-RR Certificate A Certificate designated as “Class G-RR” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.