Class A Certificate Insurer definition

Class A Certificate Insurer. XL Capital Assurance Inc.
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Class A Certificate Insurer. Financial Security Assurance Inc., a monoline stock insurance company organized and created under the laws of the State of New York, and any successors thereto.
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Class A Certificate Insurer. Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance corporation, and any successors thereto.
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Examples of Class A Certificate Insurer in a sentence

  • Notice of any removal of the Trustee shall be given to the NIMs Insurer, the Class A Certificate Insurer and to each Rating Agency by the successor trustee.

  • Any purported appointment of a successor servicer without the prior written consent of the Class A Certificate Insurer shall be void ab initio.

  • With respect to any REO Property, the deed or certificate of sale shall be taken in the name of the Trustee, on behalf of the Certificateholders and the Class A Certificate Insurer, or its nominee (which nominee shall not be the Servicer).

  • The Class A Certificate Insurer, the Trustee and any agent of the Class A Certificate Insurer or the Trustee may treat the Person in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in this Agreement and for all other purposes whatsoever, and neither the Class A Certificate Insurer nor the Trustee, nor any agent of the Class A Certificate Insurer or the Trustee, shall be affected by any notice to the contrary.

  • The Servicer shall deliver to the Trustee, the NIMs Insurer and the Class A Certificate Insurer copies of all Subservicing Agreements.

  • Any attempt to transfer servicing without the prior written consent of the Class A Certificate Insurer will be void ab initio.

  • In addition to the foregoing, the Servicer shall not be required to enforce any "due-on-sale" clause in accordance with Accepted Servicing Practices if, in the reasonable judgment of the Servicer, not entering into an assumption and modification agreement with a Person to whom such property shall be conveyed and releasing the original Mortgagor from liability would be in the best interests of the Certificateholders and the Class A Certificate Insurer.

  • Any such co-trustee or separate trustee shall be compensated by the Trust Fund and subject to the written approval of the Servicer, the NIMs Insurer and the Class A Certificate Insurer.

  • Every Subservicing Agreement entered into by the Servicer shall contain a provision giving any successor servicer the option to terminate such agreement, with the consent of the NIMs Insurer and the Class A Certificate Insurer (which consent shall not be unreasonably withheld), in the event a successor servicer is appointed.

  • Any such determination permitting the resignation of the Servicer shall be evidenced by an Opinion of Counsel to such effect delivered to the Trustee, the NIMs Insurer and the Class A Certificate Insurer.


More Definitions of Class A Certificate Insurer

Class A Certificate Insurer. Financial Security Assurance Inc., a New York stock insurance company, its successors and assigns.
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Class A Certificate Insurer means Ambac Assurance Corporation, or any successor thereto, as issuer of this Policy.
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Related to Class A Certificate Insurer

  • Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to LIBOR plus 0.11%.

  • Class A Certificateholder means the Person in whose name a Class A Certificate is registered in the Certificate Register.

  • Class A Certificates As specified in the Preliminary Statement.

  • 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 Certificate Any Class A-1 Certificate, Class A-2 Certificate, Class A-3 Certificate, Class A-4 Certificate, Class A-5 Certificate, Class A-6 Certificate or Class A-7 Certificate.

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Class A-1A Certificate means any one of the Certificates with a "Class A-1A" designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-1 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-1 hereto.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B Certificate Rate means, for any Interest Period with respect to the Class B Certificates, a per annum rate equal to LIBOR as of the LIBOR Determination Date for such Interest Period plus the Class B Certificate Rate Spread.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Mezzanine Certificates Collectively, the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3 Certificates, the Class M-4 Certificates, the Class M-5 Certificates, the Class M-6 Certificates, the Class M-7 Certificates, the Class M-8 Certificates, the Class M-9 Certificates and the Class M-10 Certificates.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.