Pooled Principal Balance Certificates definition

Pooled Principal Balance Certificates. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class A-S, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J-RR and Class K-RR Certificates.
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Pooled Principal Balance Certificates. All Principal Balance Certificates other than the Loan-Specific Certificates.
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Pooled Principal Balance Certificates. Each of the Principal Balance Certificates other than the Class SJ-A, Class SJ-B, Class SJ-C and Class SJ-D Certificates.
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Examples of Pooled Principal Balance Certificates in a sentence

  • All distributions made in respect of principal of any Class of Non-Vertically Retained Pooled Principal Balance Certificates or in respect of principal of the Class VRR Upper-Tier Regular Interest on each Distribution Date pursuant to Section 4.01(b), Section 4.01(c) or Section 9.01 shall be deemed to have first been distributed from the Lower-Tier REMIC to the Upper-Tier REMIC in respect of principal of its Corresponding Lower-Tier Regular Interest set forth in the Preliminary Statement hereto.

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  • All distributions made in respect of principal of any Class of Pooled Principal Balance Certificates on each Distribution Date pursuant to Section 4.01(b), Section 4.01(c) or Section 9.01 shall be deemed to have first been distributed from the Lower-Tier REMIC to the Upper-Tier REMIC in respect of principal of its Corresponding Lower-Tier Regular Interest set forth in the Preliminary Statement hereto.

  • Copies of any environmental assessment prepared pursuant to Section 3.10(e) of this Agreement shall be provided to the Holder of any Pooled Principal Balance Certificates and any related Serviced Companion Loan Holder upon written request to the Special Servicer.

  • All reductions in the Class Principal Balances of the respective Classes in the case of clause (X) above of the Pooled Principal Balance Certificates and the Class A-S, Class B and Class C Regular Interests, and of the Loan-Specific Certificates in the case of clause (Y) above, in each case under this Section 4.04(a) shall constitute allocations of Realized Losses and Additional Trust Fund Expenses.

  • The Trust Advisor’s recommendation to replace the Special Servicer must be confirmed by an affirmative vote of Certificateholders having at least a majority of the aggregate Voting Rights (taking into account the allocation of any Appraisal Reduction Amounts in respect of the Mortgage Loans to notionally reduce the Class Principal Balances of the Pooled Principal Balance Certificates to which such Appraisal Reduction Amounts are allocable) of all Pooled Principal Balance Certificates on an aggregate basis.

  • All distributions made in respect of principal of any Class of Non-Uncertificated VRR Retained Pooled Principal Balance Certificates or in respect of principal of the Class VRR Upper-Tier Regular Interest on each Distribution Date pursuant to Section 4.01(b), Section 4.01(c) or Section 9.01 shall be deemed to have first been distributed from the Lower-Tier REMIC to the Upper-Tier REMIC in respect of principal of its Corresponding Lower-Tier Regular Interest set forth in the Preliminary Statement hereto.

Related to Pooled Principal Balance Certificates

  • Principal Balance Certificates Each of the Class A-1, Class A-2, Class A-3, Class X-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class NR Certificates.

  • Principal Balance Certificate Any of the Class A-1, Class A-2, Class A-3, Class A-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F, Class G and Class PEX Certificates.

  • Certificate Principal Balance With respect to each Certificate (other than any Interest Only Certificate), on any date of determination, an amount equal to:

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Class A Principal Balance As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.