Principal Balance Certificates definition

Principal Balance Certificates. Each of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class NR Certificates.
Principal Balance Certificates. The Certificates (other than the Class X, Class S and Class R Certificates), collectively.
Principal Balance Certificates means, collectively, the Class A-1, Class A-2, Class A-3, Class A-4, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J, Class K, Class L, Class M, Class N and Class O Certificates.

Examples of Principal Balance Certificates in a sentence

  • Collateral Support Deficits shall be allocated on the applicable Distribution Date to the respective Classes of Principal Balance Certificates in the manner set forth in the Pooling and Servicing Agreement.

  • All Collateral Support Deficits allocated to any Class of Principal Balance Certificates will be allocated pro rata among the outstanding Certificates of such Class.

  • Solely for federal income tax purposes, the Sole Certificateholder shall be deemed to have purchased the assets of the Lower-Tier REMIC for an amount equal to the remaining Certificate Balance of the Principal Balance Certificates, plus accrued, unpaid interest with respect thereto, and the Certificate Administrator shall credit such amounts against amounts distributable in respect of such Certificates and Related Lower-Tier Regular Interests.

  • Excess Trust Advisor Expenses shall be allocated on the applicable Distribution Date to the respective Classes of Principal Balance Certificates (other than the Control Eligible Certificates) in the manner set forth in the Pooling and Servicing Agreement.

  • If you purchase Offered Principal Balance Certificates at a premium, then a faster than anticipated rate of payments and other collections of principal on the underlying mortgage loans could result in a lower than anticipated yield to maturity with respect to those certificates.


More Definitions of Principal Balance Certificates

Principal Balance Certificates. Each of the Class A-1, Class A-2, Class A-3, Class A-SB, Class D, Class E, Class F, Class G and Class H Certificates, the Exchangeable P&I Certificates and the RR Interest.
Principal Balance Certificates. The Class A, Class B, Class C, Class D, Class E, Class F and Class HRR Certificates.
Principal Balance Certificates. The Class A, Class B, Class C, Class D and Class E Certificates.
Principal Balance Certificates. Each of the Class A-1, Class A-SB, Class B, Class C, Class D, Class E-RR, Class F-RR, Class G-RR, Class H-RR, Class J-RR, Class K-RR, Class L-RR and Class M-RR Certificates and the Exchangeable P&I Certificates.
Principal Balance Certificates. Each of the Class 85BD-A, Class 85BD-B, Class 85BD-C, Class A-1, Class A-2, Class A-3, Class A-4, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F, Class NR, Class V1-85A, Class V1-85B, Class V1-85C, Class V1-A, Class V1-B, Class V1-D, Class V1-E, Class V2 and Class V2-85 Certificates.
Principal Balance Certificates. The Certificates (other than the Class X and Class R Certificates), collectively.
Principal Balance Certificates. The Class A, Class B and Class VRR Certificates, collectively.