Class RX Certificates definition

Class RX Certificates. All Certificates bearing the class designation of "Class RX."
Sample 1Sample 2Sample 3
Class RX Certificates. All Certificates bearing the Class designation of “Class RX Certificates” and evidencing the ownership of the “residual interest” in each of REMIC III and REMIC IV for purposes of the REMIC Provisions. The Class RX Certificate represents the ownership of the Class RX-III Interest and the Class RX-IV Interest.
Sample 1Sample 2Sample 3
Class RX Certificates. The Luminent Mortgage Trust 2006-7 Mortgage Pass-Through Certificates, Series 2006-7, Class RX Certificates representing the Residual Interest in each of REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX, REMIX XIII, REMIC XIV, REMIC XV and REMIC XVI.
Sample 1

Examples of Class RX Certificates in a sentence

  • The Class RX Certificates represent ownership of the sole class of residual interest in the Class X REMIC for purposes of the REMIC provisions.

  • The Class RX Certificates represent ownership of the sole class of residual interest in the Class X REMIC for purposes of the REMIC Provisions.

  • The Class X Certificates shall represent a regular interest in the Class X REMIC and the Class RX Certificates shall represent the sole class of residual interest in the Class X REMIC.

  • The REMIC IV Regular Interests will be the "regular interests" in REMIC IV, ownership of which will be represented by the Class SB Certificates, and the Class R-X Certificates will represent the sole class of "residual interests" in REMIC IV for purposes of the REMIC Provisions under federal income tax law.

  • The interests evidenced by the Certificates (other than the Class CE Certificates, the Class P Certificates and the Class R-X Certificates), the Class CE Interest and the Class P Interest constitute the entire beneficial ownership interest in REMIC II.

  • The Class R-X Certificates are issuable only in minimum Percentage Interests of 50%.

  • The Class R-X Certificates will evidence ownership of the "residual interest" in REMIC IV.

  • Mortgage Pass-Through Certificates, Series 200____-____ Class R-X evidencing the distributions allocable to the Class R-X Certificates with respect to a Trust Fund consisting primarily of a pool of conventional mortgage loans (the "Mortgage Loans") secured by first liens on one- to four-family residential properties CWALT, INC., as Depositor Principal in respect of this Certificate is distributable monthly as set forth herein.

  • The Class R Certificates represent ownership of the sole class of residual interest in the Upper-Tier REMIC, the Class RC Certificates represent ownership of the sole class of residual interest in the Lower-Tier REMIC and the Class RX Certificates represent ownership of the sole class of residual interest in the Class X REMIC for purposes of the REMIC Provisions.

  • The Class R Certificates represent ownership of the sole class of residual interest in the Upper-Tier REMIC, the Class RC Certificates represent ownership of the sole class of residual interest in the Lower-Tier REMIC and the Middle-Tier REMIC, and the Class RX Certificates represent ownership of the sole class of residual interest in the Class X REMIC for purposes of the REMIC Provisions.


More Definitions of Class RX Certificates

Class RX Certificates. The Class I-RX, Class II-RX and Class III-RX Certificates.
Sample 1
Class RX Certificates. The First NLC Trust 2005-2 Mortgage-Backed Certificates, Series 2005-2, Class RX Certificates having an initial Certificate Principal Balance and Pass-Through Rate as set forth herein and representing the Residual Interest in each of REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX, REMIC X, REMIC XI, REMIC XII, REMIC XIII, REMIC XIV, REMIC XV and REMIC XVI.
Sample 1
Class RX Certificates. The Luminent Mortgage Trust 200_-_ Mortgage Pass-Through Certificates, Series 200_-_, Class RX Certificates representing the Residual Interest in each of REMIC III and REMIC IV.
Sample 1

Related to Class RX Certificates

  • Class R Certificates All Certificates bearing the class designation of "Class R".

  • Class R-I Certificate Any one of the Class R-I Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC I for purposes of the REMIC Provisions.

  • Class R-II Certificate Any one of the Class R-II Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC II for purposes of the REMIC Provisions.

  • 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.

  • Class X Certificates All Certificates bearing the class designation of "Class X".

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

  • Class R-III Certificate Any one of the Class R-III Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC III for purposes of the REMIC Provisions.

  • Class R-2 Certificate Any Certificate designated a “Class R-2 Certificate” on the face thereof, in the form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in REMIC II and representing the right to the Percentage Interest of distributions provided for the Class R-2 Certificates as set forth herein.

  • Class R-X Certificate Any one of the Class R-X Certificates executed by the Trustee and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-R-X and evidencing the ownership of the Class R-IV Interest, the Class R-V Interest and the Class R-VI Interest.

  • Group III Certificates The Group III-A Certificates.

  • 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 J Certificate means any one of the Certificates with a "Class J" 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 P Certificates All Certificates bearing the class designation of "Class P".

  • REMIC III CERTIFICATES has the meaning set forth in the final paragraph of the Preliminary Statement hereto.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Class R-1 Certificate Any Certificate designated a “Class R-1 Certificate” on the face thereof, in the form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in REMIC I and representing the right to the Percentage Interest of distributions provided for the Class R-1 Certificates as set forth herein.

  • COFI Certificates As specified in the Preliminary Statement.

  • Class A-V Certificate Any one of the Certificates designated as a Class A-V Certificate, including any Subclass thereof.

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

  • REMIC I Certificates The Class R-I Certificates.

  • Group I Certificates The Class A-1 Certificates.

  • Class H Certificate means any of the Certificates with a "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.

  • REMIC II Certificates The REMIC II Regular Certificates and the Class R-II Certificates.

  • Group II Certificates The Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates.

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

  • Class A Certificates As specified in the Preliminary Statement.