Pass Through Certificates definition

Pass Through Certificates means the pass through certificates issued by the Pass Through Trusts (and any other pass through certificates for which such pass through certificates may be exchanged).
Pass Through Certificates means the pass through certificates to be issued by the Pass Through Trustee in connection with the Overall Transaction.
Pass Through Certificates means all of the Pass Through Certificates issued by each of the Pass Through Trusts. Pass Through Closing Date. July 7, 1998.

Examples of Pass Through Certificates in a sentence

  • This is done by assigning the loans to a special purpose vehicle (a trust), which in turn issues Pass-Through- Certificates (PTCs).

  • The Kuaranteed REMIC Pass-Through Certificates offered hereby (the ‘‘Certificates'') will represent beneficial ownership interests in one of two trust funds.

  • Premier assigned it to Accubanc Mortgage Corporation, which assigned it to Defendant Norwest Mortgage, Inc.,which assigned it to Defendant LaSalle Bank, N.A. “as Trustee for the holders of Prime Mortgage Trust, Mortgage Pass-Through Certificates, Series 2004-CL1.”Id., Vol.

  • The Guaranteed RKMIC Pass-Through Certificates offered hereby (the ‘‘Certificates'') will represent beneficial ownership interests in one of two trust funds.

  • Investors are issued rated PassThrough Certificates (PTCs), the proceeds of which are paid as consideration to the originator.


More Definitions of Pass Through Certificates

Pass Through Certificates means all of the Pass Through Certificates issued by each of the Pass Through Trusts. Pass Through Closing Date. The Business Day on which the sale of the Pass Through Certificates to the Underwriters pursuant to the Underwriting Agreement takes place.
Pass Through Certificates means any of the Pass Through Certificates issued pursuant to the Pass Through Trust Agreements.
Pass Through Certificates means securities (or interests therein) which are Qualified REIT Assets evidencing undivided ownership interests in a pool of mortgage loans, the holders of which receive a "pass-through" of the principal and interest paid in connection with the underlying mortgage loans in accordance with the holders' respective, undivided interests in the pool. Pass-Through Certificates evidence interests in loans secured by single family, but not multifamily or commercial, real estate properties.
Pass Through Certificates or "Certificates" shall mean the Pass Through ------------------------- ------------ Certificates issued pursuant to each of the Pass Through Trust Supplements and the Pass Through Trust Agreement.
Pass Through Certificates means the Pass Through Certificates designated in Section 2.01 hereof.
Pass Through Certificates means any Certificates from time to ------------------------- time issued and outstanding under and pursuant to the Pass Through Trust Agreement.