Single Certificate. With respect to any Class of Certificates (other than the Class P Certificates and the Residual Certificates), a hypothetical Certificate of such Class evidencing a Percentage Interest for such Class corresponding to an initial Certificate Principal Balance or Notional Amount of $1,000. With respect to the Class P Certificates and the Residual Certificates, a hypothetical Certificate of such Class evidencing a 20% Percentage Interest in such Class.
Single Certificate. A Certificate of any Class that evidences the smallest permissible Denomination for such Class, as set forth in Section 11.24.
Single Certificate. For purposes of Section 4.02, a hypothetical Certificate of any Class of Regular Certificates evidencing a $1,000 denomination.
Examples of Single Certificate in a sentence
A Single Certificate for the Class B-4, Class B-5 and Class B-6 Certificates represents a $250,000 Denomination.
A Single Certificate for the Class A-R Certificate represents a $100 Denomination.
Amount of distribution allocable to principal and interest: The amounts below are for a Single Certificate of $1,000: 1.
A Single Certificate for the Class A-R and Class A-LR Certificates represents a $50 Denomination.
A Single Certificate for the Residual Certificate represents a $100 Denomination.
More Definitions of Single Certificate
Single Certificate. A Certificate with an Initial Certificate Principal Balance, or initial Notional Principal Balance, of $1,000 or, in the case of a Class of Certificates issued with an initial Class Certificate Principal Balance or initial Notional Principal Balance of less than $1,000, such lesser amount.
Single Certificate. A Regular Certificate of any Class (other than a Class P Certificate) evidencing an Initial Certificate Principal Balance or Initial Notional Amount, as applicable, of $1,000, or, in the case of a Class P Certificate, a Certificate of such Class evidencing an Initial Certificate Principal Balance of $100.
Single Certificate means, for purposes of Section 4.02, a hypothetical Regular Interest Certificate evidencing an initial $1,000 denomination.
Single Certificate. A Certificate with an original Certificate Balance of $1,000.
Single Certificate. For purposes of Section 4.02(a), a Certificate of any Class of Regular Certificates evidencing a $1,000 denomination or, in the case of a Class X Certificate, a 100% Percentage Interest.
Single Certificate. An Ownership Certificate representing a 100% Percentage Interest.
Single Certificate. A Certificate in the denomination of a Certificate Percentage Interest of 10.0000%.