RCR Class definition

RCR Class. Each Class designated as such in the Schedule.
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RCR Class. Each Class designated as such in the table in Section 2.02.
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RCR Class. With respect to any Series, each Class designated as such in the related Schedule of Underlying Certificates.
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Examples of RCR Class in a sentence

  • For example, if a particular Recombination includes two REMIC Classes and one RCR Class whose original principal balances shown in the schedule reflect a 1:1:2 relationship, the same 1:1:2 relationship among the original principal balances of those REMIC and RCR Classes must be maintained in any exchange.

  • A certificate of a Strip RCR Class (a “Strip RCR Certificate”) will represent the right to receive a disproportionate part of the principal or interest payments on one or more underlying Regular Certificates.

  • A certificate of a Strip RCR Class (a “Strip RCR Certificate”) will represent the right to receive a dispropor- tionate part of the principal or interest payments on one or more underlying Regular Certificates.

  • A certificate of a Combination RCR Class (a “Combination RCR Certificate”) will represent benefi- cial ownership of undivided interests in one or more underlying Regular Certificates.

  • A certificate of a Combination RCR Class (a “Combination RCR Certificate”) will represent beneficial ownership of undivided interests in one or more underlying Regular Certificates.

  • A certificate of a Combination RCR Class (a “Combination RCR Certificate”) will represent beneficial ownership of undivided interests in two or more underlying Regular Certificates.

  • For a general discussion of the federal income tax treatment of beneficial owners of REMIC Certificates, see ‘‘Certain Federal Income Tax Conse- quences'' in the REMIC Prospectus.The RCR Classes (each, a ‘‘Combination RCR Class'') will represent the beneficial ownership of the underlying REMIC Certificates set forth in Schedule 1.

  • Each Certificate of a Combination RCR Class (a ‘‘Combination RCR Certificate'') will represent beneficial ownership of undivided interests in two or more underlying REMIC Certificates.Combination RCR Classes.

  • As to any Combinable Class or RCR Class in any Certificate Group, the REMIC class or classes (or portion thereof) included in the applicable Certificate Group having the same letter designation or designations as the Combinable Class or Classes in such Certificate Group.

  • For a general discussion of the federal income tax treatment of beneÑcial owners of REMIC CertiÑcates, see ""Certain Federal Income Tax Conse- quences'' in the REMIC Prospectus.The RCR Classes (each, a ""Combination RCR Class'') will represent the beneÑcial ownership of the underlying REMIC CertiÑcates set forth in Schedule 1.

Related to RCR Class

  • Senior Class means, with respect to the Class B Notes, the Class A Notes.

  • Class” or “Classes means any class or classes of Shares as may from time to time be issued by the Company;

  • Senior Class Debt has the meaning assigned to such term in Section 8.09.

  • Voting Classes means Classes 4 and 5.

  • Corresponding Class The class of interests in the Lower-Tier REMIC or Upper-Tier REMIC that corresponds to the class of interests in the other such REMIC or to a Class of Certificates in the manner set out below: Corresponding Corresponding Upper-Tier Corresponding Lower-Tier Class Designation Regular Interest Class of Certificates ---------------------------- ---------------- --------------------- Class LT-A-1 Class A-1 Class A-1 Class LT-A-2a Class A-2a Class A-2a Class LT-A-2b Class A-2b Class A-2b Class LT-A-2c Class A-2c Class A-2c Class LT-A-2d Class A-2d Class A-2d Class LT-M-1 Class M-1 Class M-1 Class LT-M-2 Class M-2 Class M-2 Class LT-M-3 Class M-3 Class M-3 Class LT-M-4 Class M-4 Class M-4 Class LT-M-5 Class M-5 Class M-5 Class LT-M-6 Class M-6 Class M-6 Class LT-B-1 Class B-1 Class B-1 Class LT-B-2 Class B-2 Class B-2 Class LT-B-3 Class B-3 Class B-3 N/A Class X Class X

  • Additional Senior Class Debt has the meaning assigned to such term in Section 5.13.

  • 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.

  • Class when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Revolving Loans or Swingline Loans.

  • Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes for any date of determination, an amount equal to the sum of

  • Required Subordinated Amount of Class C Notes means, for the Class A( - ) Notes for any date of determination, an amount equal to the product of

  • Initial Class D Note Balance means $13,564,000.

  • Encumbered Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes, an amount equal to the product of

  • Existing Class means any Existing Term Loan Class and any Existing Revolving Credit Class.

  • Initial Class C Note Balance means $152,941,000.

  • Initial Class Certificate Balance As to each Class of Certificates, the Class Certificate Balance set forth in the Preliminary Statement.

  • Subordinate Class Percentage With respect to any Distribution Date and any Class of Subordinate Certificates, a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of such Class of Subordinate Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.

  • Class D Certificates “Class E Certificates,” “Class F Certificates,” “Class G Certificates,” “Class H Certificates,” “Class V Certificates” and “Class R Certificates” mean, in each such case, the Certificates designated as “Class A-1,” “Class A-2,” “Class A-SB,” “Class A-3,” “Class A-4,” “Class A-5,” “Class A-S,” “Class X-A,” “Class X-B,” “Class X-C,” “Class B,” “Class PST,” “Class C,” “Class D,” “Class E,” “Class F,” “Class G,” “Class H,” “Class V” and “Class R,” respectively, on the face thereof, in substantially the forms attached hereto as Exhibits A-1 to A-20.