RCR Class definition

RCR Class. Each Class designated as such in the Schedule.
Sample 1Sample 2Sample 3
RCR Class. Each Class designated as such in the table in Section 2.02.
Sample 1Sample 2Sample 3
RCR Class. With respect to any Series, each Class designated as such in the related Schedule of Underlying Certificates.
Sample 1Sample 2Sample 3

Examples of RCR Class in a sentence

  • For example, if a particular Recombination includes two REMIC Classes and one RCR Class whose original principal balances shown in the schedule reflect a 1:1:2 relationship, the same 1:1:2 relationship among the original principal balances of those REMIC and RCR Classes must be maintained in any exchange.

  • A certificate of a Strip RCR Class (a “Strip RCR Certificate”) will represent the right to receive a disproportionate part of the principal or interest payments on one or more underlying Regular Certificates.

  • A certificate of a Combination RCR Class (a “Combination RCR Certificate”) will represent beneficial ownership of undivided interests in one or more underlying Regular Certificates.

  • A certificate of a Combination RCR Class (a “Combination RCR Certificate”) will represent benefi- cial ownership of undivided interests in one or more underlying Regular Certificates.

  • A certificate of a Strip RCR Class (a “Strip RCR Certificate”) will represent the right to receive a dispropor- tionate part of the principal or interest payments on one or more underlying Regular Certificates.

  • A certificate of a Combination RCR Class (a “Combination RCR Certificate”) will represent beneficial ownership of undivided interests in two or more underlying Regular Certificates.

  • For a general discussion of the federal income tax treatment of beneficial owners of REMIC Certificates, see ‘‘Certain Federal Income Tax Conse- quences'' in the REMIC Prospectus.The RCR Classes (each, a ‘‘Combination RCR Class'') will represent the beneficial ownership of the underlying REMIC Certificates set forth in Schedule 1.

  • For a general discussion of the federal income tax treatment of beneÑcial owners of REMIC CertiÑcates, see ""Certain Federal Income Tax Conse- quences'' in the REMIC Prospectus.The RCR Classes (each, a ""Combination RCR Class'') will represent the beneÑcial ownership of the underlying REMIC CertiÑcates set forth in Schedule 1.

  • Each Certificate of a Combination RCR Class (a ‘‘Combination RCR Certificate'') will represent beneficial ownership of undivided interests in two or more underlying REMIC Certificates.Combination RCR Classes.

  • As to any Combinable Class or RCR Class in any Certificate Group, the REMIC class or classes (or portion thereof) included in the applicable Certificate Group having the same letter designation or designations as the Combinable Class or Classes in such Certificate Group.

Related to RCR Class

  • Senior Class means (a) with respect to the Class B Notes, the Class A Notes and (b) with respect to the Class C Notes, the Class A Notes and the Class B Notes.

  • Class” or “Classes means any class or classes of Shares as may from time to time be issued by the Company;

  • Junior Class of Certificates The Class of Subordinate Certificates outstanding as of the date of the repurchase of a Mortgage Loan pursuant to Section 4.07 herein that has the Lowest Priority.

  • Senior Class Debt has the meaning assigned to such term in Section 8.09.

  • Voting Classes means Classes 4 and 5.

  • Class HI B-2 Formula Interest Distribution Amount" means, as to any Payment Date, the sum of (a) the amount specified in clause (a) of the definition of the term "Class HI: B-2 Formula Distribution Amount" and (b) the Unpaid Class HI: B-2 Interest Shortfall, if any.

  • Corresponding Class The Class of Certificates that corresponds with a class of interests in REMIC 2 as described in the Preliminary Statement.

  • Additional Senior Class Debt has the meaning assigned to such term in Section 5.13.

  • 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 when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Revolving Loans or Swingline Loans.

  • Corresponding Classes of Certificates With respect to each REMIC Regular Interest, any Class of Certificates appearing opposite such REMIC Regular Interest in Section 1.03 hereof.

  • Required Subordinated Amount of Class D Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Related Classes As to any Uncertificated REMIC I Regular Interest, those classes of Certificates identified as "Related Classes of Certificates" to such Uncertificated REMIC I Regular Interest in the definition of Uncertificated REMIC I Regular Interest.

  • Exchangeable Certificates The Class A-S, Class B, Class C and Class PEX Certificates.

  • Required Subordinated Amount of Class C Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Group II Class A Certificates The Class A-2a Certificates, the Class A-2b Certificates, the Class A-2c Certificates and the Class A-2d Certificates, collectively.

  • Initial Class D Note Balance means $119,840,000.

  • Scheduled Classes As specified in the Preliminary Statement.

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Encumbered Required Subordinated Amount of Class D Notes means, for the Class C(2020-5) Notes, the product of

  • Existing Class means any Existing Term Loan Class and any Existing Revolving Credit Class.

  • Initial Class C Note Balance means $156,670,000.

  • Subordinate Class Percentage With respect to any Distribution Date and any Class of Subordinate Certificates, a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of such Class of Subordinate Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.

  • Class D Certificates “Class E Certificates,” “Class F Certificates,” “Class G Certificates,” “Class H Certificates,” “Class V Certificates” and “Class R Certificates” mean, in each such case, the Certificates designated as “Class A-1,” “Class A-2,” “Class A-SB,” “Class A-3,” “Class A-4,” “Class A-5,” “Class A-S,” “Class X-A,” “Class X-B,” “Class X-C,” “Class B,” “Class PST,” “Class C,” “Class D,” “Class E,” “Class F,” “Class G,” “Class H,” “Class V” and “Class R,” respectively, on the face thereof, in substantially the forms attached hereto as Exhibits A-1 to A-20.

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Required Subordinated Amount of Class B Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of