Principal Balance Certificates definition

Principal Balance Certificates. Each of the Class A-1, Class A-2, Class A-3, Class X-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class NR Certificates.
Principal Balance Certificates. The Certificates (other than the Class X, Class S and Class R Certificates), collectively.
Principal Balance Certificates means, collectively, the Class A-1, Class A-2, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J, Class K, Class L, Class M, Class N and Class O Certificates.

Examples of Principal Balance Certificates in a sentence

  • All Collateral Support Deficits allocated to any Class of Principal Balance Certificates will be allocated pro rata among the outstanding Certificates of such Class.

  • Collateral Support Deficits shall be allocated on the applicable Distribution Date to the respective Classes of Principal Balance Certificates in the manner set forth in the Pooling and Servicing Agreement.

  • The Certificates will be issuable in registered form only; provided that in accordance with Section 5.03, beneficial ownership interests in each Class of Interest Only Certificates and Principal Balance Certificates shall initially be held and transferred through the book-entry facilities of the Depository.

  • Any portion of such Prepayment Premium that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X Certificates.

  • All such reductions in the Class Principal Balances of the respective Classes of the Principal Balance Certificates shall constitute allocations of Realized Losses and Additional Trust Fund Expenses.


More Definitions of Principal Balance Certificates

Principal Balance Certificates. The Class A, Class B and Class VRR Certificates, collectively.
Principal Balance Certificates. The Sequential Pay Certificates and the Class PEZ Certificates, collectively.
Principal Balance Certificates means, collectively, the REMIC III Regular Certificates other than the Class X Certificates.
Principal Balance Certificates. Each Class of REMIC III Regular Certificates, excluding the Class X Certificates.
Principal Balance Certificates means, collectively, the Class A-P&I Certificates and the Subordinate Principal Balance Certificates.
Principal Balance Certificates means, collectively, the REMIC III Regular Certificates other than the Class IO Certificates.
Principal Balance Certificates means, collectively, the Class [A-1], Class [A-1A], Class [A-2], Class [A-3-1FL], Class [A-3-1], Class [A-3-2], Class [A-AB], Class [A-4A], Class [A-4B], Class [A-J], Class [B], Class [C], Class [D], Class [E], Class [F], Class [G], Class [H], Class [J], Class [K], Class [L], Class [M], Class [N], Class [O] and Class [P] Certificates.