Combinable Certificates definition

Combinable Certificates. The Certificates of any Combinable Class. Combinable Class: Each Class listed in the Schedule that is not an RCR Class.
Combinable Certificates. The Certificates of any Combinable Class.
Combinable Certificates. The Certificates of any Combinable Class. Combinable Class: Each Class listed in the Schedule that is not an RCR Class. Depository: The Depository Trust Company of New York, a New York chartered limited purpose trust company, or any successor depository selected or approved by Xxxxxx Mae.

Examples of Combinable Certificates in a sentence

  • Upon any such exchange the portion or portions of the Combinable Certificates designated for exchange shall be deemed cancelled and replaced by the RCR Certificate or Certificates issued in exchange therefor.

  • In the case of each Certificate Group, Certificates of the Class or Classes of Combinable Certificates in such Certificate Group shall be exchangeable for Certificates of the Class or Classes of RCR Certificates in such Certificate Group in respective denominations determined pursuant to the applicable Exchange Ratios.

  • Xxxxxx Xxx further intends to reissue hereunder Combinable Certificates in exchange for RCR Certificates, the aggregate of the beneficial interests of the Combinable Certificates issued on any such exchange being equivalent to the beneficial interests in the Related REMIC Classes evidenced by the RCR Certificates so exchanged.

  • Combinable Certificates shall be exchangeable on the books of a Reserve Bank for RCR Certificates, and RCR Certificates shall be exchangeable on the books of a Reserve Bank for Combinable Certificates, on and after the Settlement Date under the terms and conditions hereinafter set forth and otherwise in accordance with the procedures specified under “Description of the Certificates–Combination and Recombination” in the Prospectus Supplement.

  • Combinable Certificates shall be exchangeable on the books of a Reserve Bank for RCR Certificates, and RCR Certificates shall be exchangeable on the books of a Reserve Bank for Combinable Certificates, on and after the Settlement Date under the terms and conditions hereinafter set forth and otherwise in accordance with the procedures specified under “Description of the Certificates-Combination and Recombination” in the Prospectus Supplement.

  • Xxxxxx Mae further intends to reissue hereunder Combinable Certificates in exchange for RCR Certificates, the aggregate of the beneficial interests of the Combinable Certificates issued on any such exchange being equivalent to the beneficial interests in the Related REMIC Classes evidenced by the RCR Certificates so exchanged.

  • Combinable Certificates shall be exchangeable on the books of the Depository for RCR Certificates on and after the Settlement Date under the terms and conditions hereinafter set forth.

  • Combinable Certificates shall be exchangeable on the books of a Reserve Bank for RCR Certificates, and RCR Certificates shall be exchangeable on the books of a Reserve Bank for Combinable Certificates, on and after the Settlement Date under the terms and conditions hereinafter set forth and otherwise in accordance with the procedures specified under “Description of the Certificates—Combination and Recombination” in the Prospectus Supplement.

  • Upon any such exchange the portions of the Combinable Certificates designated for exchange shall be deemed cancelled and replaced by the RCR Certificate or Certificates issued in exchange therefor.

  • Combinable Certificates shall be exchangeable on the books of a Reserve Bank for RCR Certificates, and RCR Certificates shall be exchangeable on the books of a Reserve Bank for Combinable Certificates, on and after the Settlement Date under the terms and conditions hereinafter set forth and otherwise in accordance with the procedures specified under “General–Combination and Recombination” in the Prospectus.

Related to Combinable Certificates

  • Exchangeable Certificates As specified in the Preliminary Statement.

  • Group 2 Certificates As specified in the Preliminary Statement.

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

  • 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.

  • Group 1 Certificates As specified in the Preliminary Statement.

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

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

  • Exchange Certificates Means the pass through certificates substantially in the form of Exhibit A hereto issued in exchange for the Initial Certificates pursuant to the Registration Rights Agreement and authenticated hereunder.

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

  • Corresponding Certificates As identified in the Preliminary Statement with respect to any Lower-Tier Regular Interest or Component.

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

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Applicable Certificate Has the meaning specified in Section 1.01 of this Trust Supplement.

  • Group 3 Certificates As specified in the Preliminary Statement.

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

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

  • Underlying REMIC Certificates The REMIC Certificates held in the Trust and evidencing beneficial interests in the REMIC Trust. US Bank: U.S. Bank National Association, a national banking association. ARTICLE II The Trust

  • Senior Certificates As specified in the Preliminary Statement.

  • Class A Certificates As specified in the Preliminary Statement.