Reference Tranches means the twelve classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 2A-H, Class 2M-1, Class 2M-1H, Class 2M-2A, Class 2M-AH, Class 2M-2B, Class 2M-BH, Class 2M-2C, Class 2M-CH, Class 2B-1, Class 2B-1H and Class 2B-2H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference Tranches Initial Class Notional Amount Class 2A-H $25,308,153,117.00 Class 2M-1 $188,817,000.00 Class 2M-1H $9,938,129.00 Class 2M-2A $222,384,000.00 Class 2M-AH $11,705,374.00 Class 2M-2B $222,384,000.00 Class 2M-BH $11,705,374.00 Class 2M-2C $222,384,000.00 Class 2M-CH $11,705,374.00 Class 2B-1 $151,053,000.00 Class 2B-1H $7,951,103.00 Class 2B-2H $132,503,421.00
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1M-2C, Class 1M-CH, Class 1B-1A, Class 1B-AH, Class 1B-1B, Class 1B-BH, Class 1B-2H and Class 1B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference Tranches Initial Class Notional Amount Class 1A-H $21,515,392,348 Class 1M-1 $452,479,334 Class 1M-1H $452,479,334 Class 1M-2A $82,388,000 Class 1M-AH $4,337,206 Class 1M-2B $82,388,000 Class 1M-BH $4,337,206 Class 1M-2C $82,388,000 Class 1M-CH $4,337,206 Class 1B-1A $26,865,000 Class 1B-AH $1,414,958 Class 1B-1B $26,865,000 Class 1B-BH $1,414,958 Class 1B-2H $226,239,667 Class 1B-3H $113,119,834 "Registrar" has the meaning specified in Section 2.07(a).
Reference Tranches means the Group 1 Reference Tranches and the Group 2 Reference Tranches, as applicable.
Examples of Reference Tranches in a sentence
Represents the initial subordination and initial credit enhancement of such Class or Classes of Reference Tranches, which is equal to the percentage of the Cut-off Date Balance of the Reference Pool represented by the aggregate initial Class Notional Amount of the Class or Classes of Reference Tranches subordinate to the subject Class or Classes of Reference Tranches.
Represents the initial subordination and credit enhancement available to the Class M-1 and Class M-1H Reference Tranches in the aggregate.
Pursuant to the hypothetical structure, the Class M-2A and Class M-2AH Reference Tranches are pro rata with each other.
Pursuant to the hypothetical structure, the Class M-2B and Class M-2BH Reference Tranches are pro rata with each other.
Represents the initial subordination and credit enhancement available to the Class M-2A and Class M-2AH Reference Tranches in the aggregate.
More Definitions of Reference Tranches
Reference Tranches means the six classes of hypothetical tranches deemed to be backed by the Reference Pool, referred to as Class A-H, Class M-1, Class M-1H, Class M-2, Class M-2H and Class B-H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference Tranches Initial Class Notional Amount Class A-H $28,429,457,323 Class M-1 $ 375,000,000 Class M-1H $ 20,667,705 Class M-2 $ 375,000,000 Class M-2H $ 20,667,705 Class B-H $ 87,926,156
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 2A-H, Class 2M-1, Class 2M-1H, Class 2M-2A, Class 2M-AH, Class 2M-2B, Class 2M-BH, Class 2M-2C, Class 2M-CH, Class 2B-1A, Class 2B-AH, Class 2B-1B, Class 2B-BH, Class 2B-2H and Class 2B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference Tranches Initial Class Notional Amount Class 2A-H $28,202,611,326 Class 2M-1 $292,585,000 Class 2M-1H $15,399,834 Class 2M-2A $83,595,000 Class 2M-AH $4,400,667 Class 2M-2B $83,595,000 Class 2M-BH $4,400,667 Class 2M-2C $83,595,000 Class 2M-CH $4,400,667 Class 2B-1A $23,832,000 Class 2B-AH $71,496,640 Class 2B-1B $23,832,000 Class 2B-BH $71,496,640 Class 2B-2H $175,991,335 Class 2B-3H $190,657,279 "Registrar" has the meaning specified in Section 2.07(a).
Reference Tranches means the twelve Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1M-2C, Class 1M-CH, Class 1B-1, Class 1B-1H and Class 1B-2H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference TranchesInitial Class Notional AmountClass 1A-H$25,192,767,584Class 1M-1$200,486,000Class 1M-1H$10,552,891Class 1M-2A$204,663,000Class 1M-AH$10,772,534Class 1M-2B$204,663,000Class 1M-BH$10,772,534Class 1M-2C$204,663,000Class 1M-CH$10,772,534Class 1B-1$187,956,000Class 1B-1H$9,892,960Class 1B-2H$131,899,308
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1M-2C, Class 1M-CH, Class 1B- 1A, Class 1B-AH, Class 1B-1B, Class 1B-BH, Class 1B-2H and Class 1B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference TranchesInitial Class Notional AmountClass 1A-H$17,879,540,420Class 1M-1$278,010,000Class 1M-1H$14,632,953Class 1M-2A$68,755,000Class 1M-AH$3,619,064Class 1M-2B$68,755,000Class 1M-BH$3,619,064Class 1M-2C$68,755,000Class 1M-CH$3,619,064Class 1B-1A$62,500,000Class 1B-AH$36,621,000Class 1B-1B$62,500,000Class 1B-BH$36,621,000Class 1B-2H$103,841,048Class 1B-3H$188,801,905
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1M-2C, Class 1M-CH, Class 1B-1A, Class 1B-AH, Class 1B-1B, Class 1B-BH, Class 1B-2, Class 1B-2H and Class 1B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference TranchesInitial Class Notional AmountClass 1A-H$33,739,271,715Class 1M-1$264,348,000Class 1M-1H$13,914,034Class 1M-2A$104,638,000Class 1M-AH$5,507,389Class 1M-2B$104,638,000Class 1M-BH$5,507,389Class 1M-2C$104,638,000Class 1M-CH$5,507,389Class 1B-1A$74,348,000Class 1B-AH$3,913,197Class 1B-1B$74,348,000Class 1B-BH$3,913,197Class 1B-2$181,739,000Class 1B-2H$9,566,149Class 1B-3H$86,956,886
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 2A-H, Class 2M-1, Class 2M-1H, Class 2M-2A, Class 2M-AH, Class 2M-2B, Class 2M-BH, Class 2M-2C, Class 2M-CH, Class 2B-1A, Class 2B-AH, Class 2B-1B, Class 2B-BH, Class 2B-2, Class 2B-2H and Class 2B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference TranchesInitial Class Notional AmountClass 2A-H$33,957,810,763Class 2M-1$283,567,000Class 2M-1H$14,924,615Class 2M-2A$94,522,000Class 2M-AH$4,975,205Class 2M-2B$94,522,000Class 2M-BH$4,975,205Class 2M-2C$94,522,000Class 2M-CH$4,975,205Class 2B-1A$116,762,000Class 2B-AH$6,146,312Class 2B-1B$116,762,000Class 2B-BH$6,146,312Class 2B-2$183,484,000Class 2B-2H$9,657,633Class 2B-3H$122,908,312
Reference Tranches means the twelve Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 2A-H, Class 2M-1, Class 2M-1H, Class 2M-2A, Class 2M-AH, Class 2M-2B, Class 2M-BH, Class 2M-2C, Class 2M-CH, Class 2B-1, Class 2B-1H and Class 2B-2H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference TranchesInitial Class Notional AmountClass 2A-H$23,514,032,587Class 2M-1$234,277,000Class 2M-1H$12,330,578Class 2M-2A$179,612,000Class 2M-AH$9,453,810Class 2M-2B$179,612,000Class 2M-BH$9,453,810Class 2M-2C$179,612,000Class 2M-CH$9,453,810Class 2B-1$257,704,000Class 2B-1H$13,564,336Class 2B-2H$61,651,894