Pass-Through Securities definition

Pass-Through Securities means securities representing undivided ownership interests in a pool of mortgage loans; and

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Pass-Through Securities has the meaning set forth in the preamble hereto.

Pass-Through Securities means securities representing undivided ownership interests in a pool of Mmortgage Lloans; and

Examples of Pass-Through Securities in a sentence

The Rights so delivered to such holder are referred to as the “Pass-Through Securities.” The delivery of Pass-Through Securities to the holders of Warrants as provided herein will be the sole adjustment required in connection with any such Rights offering.
The Administrator shall calculate the amount of principal to be paid on, and the Class Factor for, each Class of Pass-Through Securities for each month using the GNMA Principal Payment Amount for that month.
Initial Holder: ▇▇▇▇▇▇ Pass-Through Securities Inc., or any successor in interest.
All obligations of the U.S. government or its agencies are approved for use, including direct investments in U.S. Government Mortgage Pass-Through Securities.
Mortgage-Backed Pass-Through Securities - A securitized participation in the interest and principal cash flows from a specified pool of mortgages.
Freddie Mac will calculate the amount of principal to be paid on, and the Class Factor for, each Class of Pass-Through Securities for each month using the GNMA Principal Payment Amount for that month.
Pooled Mega or Pooled Mega Certificate: Any one of the ▇▇▇▇▇▇ ▇▇▇ Guaranteed MBS Pass-Through Securities (Mega Certificates) held in a Trust Fund as specified in the related Issue Supplement.
Fr▇▇▇▇▇ ▇ac intends to issue its Structured Pass-Through Securities, Series C007 , which will receive principal and interest payments from distributions on the Funding Note.
In consideration for the assignment of the Assigned Interest as set forth herein, the Assignee agrees to contribute to the Regulation 114 Trust, on behalf of the Assignor and upon completion of the offering and sale of the Pass-Through Securities and the issuance and sale of the ABC Securities to the Pass-Through Trust and the Tax Matters Partner, the gross proceeds received by the Assignee from the issuance and sale of the ABC Securities, in immediately available funds.
Initial Holder: L▇▇▇▇▇ Pass-Through Securities Inc., or any successor in interest.

More Definitions of Pass-Through Securities

Pass-Through Securities. Certificates of beneficial interest or other securities evidencing an undivided fractional ownership interest in a Trust Estate that may be issued at the direction of the Company from time to time under Supplements incorporating by reference these Standard Terms of Trust Agreement."

Pass-Through Securities means the Asset Backed Capital Commitment Pass-Through Securities issued by the Pass-Through Trust.

Pass-Through Securities means the Asset-Backed Capital Commitment Pass-Through Securities issued by, and each representing an undivided beneficial interest in the property of, the Trust. The parties to this Declaration intend that

Pass-Through Securities has the meaning set forth in the first ----------------------- paragraph to this Agreement.