Principal Only Certificates definition

Principal Only Certificates. As specified in the Preliminary Statement.

Principal Only Certificates. Any one of the Class A-P Certificates.

Principal Only Certificates. A Class of Certificates not entitled to payments of interest, and more specifically designated as such in the Series Supplement.

Examples of Principal Only Certificates in a sentence

• Principal Only Certificates The Class 15-PO and Class 30-PO Certificates.

• Any Excess Special Hazard Losses, Excess Bankruptcy Losses, Excess Fraud Losses and Extraordinary Losses on Non-Discount Mortgage Loans will be allocated among the Class A (other than the Principal Only Certificates), Class M, Class B and Class R Certificates, on a pro rata basis, as described below.

• The Principal Only Certificates, the Residual Certificates and the Private Certificates.

• The principal portion of such losses on Discount Mortgage Loans will be allocated to the Principal Only Certificates in an amount equal to the related Discount Fraction thereof, and the remainder of such losses on Discount Mortgage Loans will be allocated among the Class A Certificates (other than the Principal Only Certificates), Class M, Class B and Class R Certificates on a pro rata basis, as described below.

• Senior Certificates The Group 1, Group 2, Interest Only and Principal Only Certificates.

More Definitions of Principal Only Certificates

Principal Only Certificates. Any Class of Certificates entitled to distributions of principal, but to no distributions of interest. The Class A-PO Certificates are the only Principal-Only Certificates.

Principal Only Certificates. The Class A-P Certificates.

Principal Only Certificates. Xxx Xxaxx of Cxxxxxxxates entitled to distributions of principal, but to no distributions of interest. The Class 30-PO Certificates are the only Class of Principal Only Certificates.

Principal Only Certificates. Any Class of Certificates entitled to distributions of principal, but to no distributions of interest. The Class A-P Certificates are Principal-Only Certificates until the April 2008 Distribution Date.

Principal Only Certificates. The Class A-PO Certificates.

Principal Only Certificates. Any one of the Class I-A-3, I-A-P, Class II-A-4, Class II-A-6, Class II-A-P or Class III-A-P Certificates.

Principal Only Certificates. The Class I-PO Certificates and Class II-PO Certificates.