Underlying Certificates definition

Underlying Certificates means as of any date of determination, any or all of the asset-backed certificates and/or owner trust certificates at the time held as part of the Trust Estate as set forth in the Certificate Schedule maintained with the Owner Trustee.
Underlying Certificates has the meaning specified in the Sale and Assignment Agreement.

Examples of Underlying Certificates in a sentence

  • Distributions on the Underlying Certificates are made as described in the related Underlying Cer- tificate Disclosure Documents.

  • Distributions on the Underlying Certificates are made as described in the related Underlying Certificate Disclosure Documents.

  • Distributions on the Underlying Certificates are made as described in the related Underlying Cer­ tificate Disclosure Documents.

  • Distributions on the Underlying Certificates are made as described in the Underlying Certificate Disclosure Document.

  • Trust Assets: Trust Asset Group (1) Certain information regarding the Underlying Certificates is set forth in Exhibits A and B to this Supplement.Security Groups: This series of Securities consists of multiple Security Groups (each, a “Group”), as shown on the front cover of this Supplement and on Schedule I to this Supplement.


More Definitions of Underlying Certificates

Underlying Certificates. The Class A-1B Certificates and the Class A-2B Certificates.
Underlying Certificates means the certificates representing the residual interests issued by fifteen trusts formed by the Seller between February 1996 and August 1999 in connection with securitizations of fixed rate motor vehicle retail installment sales contracts and installment loan agreements as specifically identified on Schedule I, each of which shall be registered in the name of or as designated by the Issuer.
Underlying Certificates. The Certificates held in the Trust and evidencing beneficial interests in the 2002-90 Trust.
Underlying Certificates. With respect to the Class 1-A2A2 Certificates, the Class 1-A2A2U Certificates. With respect to the Class 1-A3A2 Certificates, the Class 1-A3A2U Certificates. Underwriter: Lxxxxx Brothers Inc.
Underlying Certificates. The Resolution Trust Corporation, Commercial Mortgage Pass-Through Certificates, Series 1994-C1, Class E certificates with an aggregate unpaid principal balance contributed to the Trust of $65,731,702.68, being transferred to the Trustee pursuant to Section 2.01.
Underlying Certificates means, collectively, the 2019-A Certificates, the 2021-A Certificates, the 2021-B Certificates and the 2021-C Certificates.
Underlying Certificates. $218,330,615 aggregate principal amount of Sequoia Mortgage Trust 2004-7, Mortgage Pass-Through Certificates, Series 2004-7, Class A1.