Statement to Certificateholders definition

Statement to Certificateholders. As defined in Section 4.02(a).
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Statement to Certificateholders. (Page 1 of 1) Distribution Date: 01/20/98 INVESTOR CERTIFICATES DISTRIBUTION SUMMARY (PER $1000) Class A Certificateholder Floating Allocation Percentage 96.5248% Class A Certificateholder Fixed Allocation Percentage 97.9000% Beginning Class A-1 Certificate Balance 349,043,954.59 Class A-1 Certificate Rate 6.218750% Class A-1 Certificate Interest Distributed 2.742139 Class A-1 Certificate Interest Shortfall Distributed 0.000000 Remaining Unpaid Class A-1 Certificate Interest Shortfall 0.000000 Rapid Amortization Event ? No Class A-1 Certificate Principal Distributed 15.837267 Maximum Principal Distribution Amount 15.762460 Scheduled Principal Distribution Amount (SPDA) 14.931730 Accelerated Principal Distribution Amount 0.000000 Aggregate Investor Liquidation Loss Amount Distributed 0.905537 Total Amount Distributed to Certificateholders 17.673870 Principal Collections deposited into Funding Account 0.00 Ending Funding Account Balance 0.00 Ending Class A-1 Certificate Balance 338,945,162.70 Class A-1 Factor 0.5315453 Pool Factor (PF) 0.5315453 Unreimbursed Liquidation Loss Amount $0.00 Accrued Interest on Unreimbursed Liquidation Loss Amount $0.00 Accrued & Unpaid Interest on Unreimbursed Liquidation Loss Amount $0.00 Class A Servicing Fee 293,581.10 Beginning Invested Amount 352,297,323.59 Ending Invested Amount 342,198,531.70 Beginning Pool Balance 364,981,133.55 Ending Pool Balance 354,861,129.10 Spread Account Draw Amount 0.00 Credit Enhancement Draw Amount 0.00 DELINQUENCY & REO STATUS 60 - 89 days (Del Stat 2) No. of Accounts 186 Trust Balance 6,348,507.82 90+ days (Del Stat 3+) No. of Accounts 471 Trust Balance 16,169,482.39 REO No. of Accounts 45 Trust Balance 2,173,633.79 Aggregate Liquidation Loss Amount for Liquidated Loans 414,333.86 Class A-1 Certificate Rate for Next Distribution Date To be updated Amount of any Draws on the Policy 0.00 Subsequent Mortgage Loans No. of Accounts 0.00 Trust Balance 0.00 Pre-Funded Amount (Ending) 0.00 Subsequent Pre-Funding Mortgage Loans No. of Accounts 0 Trust Balance 0.00
Sample 1
Statement to Certificateholders means a certificate completed and executed by the Servicer by its the chairman of the board, its president, any vice chairman of the board, any vice president, the treasurer, any assistant treasurer or the controller of the Servicer pursuant to Section 14.7, substantially in the form of Exhibit E.
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Examples of Statement to Certificateholders in a sentence

  • The Certificate Administrator shall file each Form 10-D with a copy of the related Statement to Certificateholders attached thereto.

  • The Trustee shall file each Form 10-D with a copy of the related Statement to Certificateholders attached thereto.

  • The Paying Agent shall file each Form 10-D with a copy of the related Statement to Certificateholders attached thereto.

  • Such monthly exception reports shall be distributed by the Trustee on the related Distribution Date with the Statement to Certificateholders.

  • Any disclosure in addition to the Statement to Certificateholders that is required to be included on Form 10-D ("Additional Form 10-D Disclosure") shall, pursuant to the following paragraph be reported by the parties set forth on Exhibit Y to the Depositor and the Paying Agent and approved by the Depositor, and the Paying Agent will have no duty or liability for any failure hereunder to determine or prepare any Additional Form 10-D Disclosure, absent such reporting, direction and approval.

  • Any disclosure in addition to the Statement to Certificateholders that is required to be included on Form 10-D ("Additional Form 10-D Disclosure") shall, pursuant to the following paragraph, be reported by the parties set forth on Exhibit P to the Depositor and the Trustee and approved by the Depositor, and the Trustee will have no duty or liability for any failure hereunder to determine or prepare any Additional Form 10-D Disclosure absent such reporting, direction and approval.

  • Capitalized terms used but not defined in this report on Form 10-D (including the Monthly Statement to Certificateholders attached here to as Exhibit 99.1) are used as defined in the Pooling and Servicing Agreement.

  • Any disclosure in addition to the Statement to Certificateholders that is required to be included on Form 10-D ("Additional Form 10-D Disclosure") shall be determined and prepared by and at the direction of the Depositor pursuant to the following paragraph and the Paying Agent will have no duty or liability for any failure hereunder to determine or prepare any Additional Form 10-D Disclosure, except as set forth in the next paragraph.

  • Any disclosure in addition to the Statement to Certificateholders that is required to be included on Form 10-D ("Additional Form 10-D Disclosure") shall, pursuant to the following paragraph, be reported by the parties set forth on Exhibit U to the Depositor and the Trustee and approved by the Depositor, and the Trustee will have no duty or liability for any failure hereunder to determine or prepare any Additional Form 10-D Disclosure absent such reporting, direction and approval.

  • Any disclosure in addition to the Statement to Certificateholders that is required to be included on Form 10-D (“Additional Form 10-D Disclosure”) shall, pursuant to the following paragraph be reported by the parties set forth on Exhibit BB to the Depositor and the Paying Agent and approved by the Depositor, and the Paying Agent will have no duty or liability for any failure hereunder to determine or prepare any Additional Form 10-D Disclosure, absent such reporting, direction and approval.


More Definitions of Statement to Certificateholders

Statement to Certificateholders means the statement provided to Certificateholders pursuant to Section 3.03(a) of the 1998-B Securitization Trust Agreement.
Sample 1
Statement to Certificateholders. (Page 1 of 1) Distribution Date: 05/20/97 INVESTOR CERTIFICATES DISTRIBUTION SUMMARY (PER $1000)
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Statement to Certificateholders shall have the meaning assigned thereto in SECTION 4.02(A).
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Statement to Certificateholders. As defined in Section 5.03. Step Down Trigger: Will be satisfied on or after the 24th Distribution Date if the following conditions are met: (1a) for the 24th- 36th Distribution Dates, the Loss Percentage is 0.75% or less (1b) for the 37th-48th Distribution Dates, the Loss Percentage is 1.25% or less, (1c) for the 49th-60th Distribution Dates, the Loss Percentage is 1.50% or less, (1d) for the 61st Distribution Date and thereafter, the Loss Percentage is 1.75% or less, (2) the Rolling Delinquency Percentage for such Distribution Date is less than 12.50%, and (3) the Rolling Loss Percentage is less than 0.50% Sub-Servicer: Any Person, including an Affiliate of the Servicer, with whom the Servicer has entered into a Sub-Servicing Agreement and who satisfies the requirements set forth in Section 3.15 hereof in respect of the qualification of a Sub-Servicer. The Sub-Servicers with respect to any of the Mortgage Loans as of the Cut-off Date are listed on Schedule I attached to this Agreement.
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Related to Statement to Certificateholders

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Certificateholder means the Person in whose name the Certificate is registered.

  • REMIC III Certificateholder The Holder of any REMIC III Certificate.

  • CREFC® Servicer Remittance to Certificate Administrator Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Interest Servicer Remittance to Certificate Administrator Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Class A Certificateholder means the Person in whose name a Class A Certificate is registered in the Certificate Register.

  • Class R Certificateholder The registered Holder of the Class R Certificate.

  • Remaining Certificateholder Any Holder (or Holders provided they act in unanimity) holding 100% of the Certificates (other than the Class S and Class R Certificates) or an assignment of the voting rights thereof; provided, however, that the Certificate Balances of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class A-S, Class B, Class C and Class D Certificates and the Notional Amounts of the Class X-A, Class X-B and Class X-D Certificates have been reduced to zero.

  • Trust Certificateholder means the Person in whose name a Trust Certificate is registered on the Certificate Register.

  • Holder or Certificateholder The registered owner of any Certificate as recorded on the books of the Certificate Registrar except that, solely for the purposes of taking any action or giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, the Trustee, the Master Servicer, any Servicer or any Affiliate thereof shall be deemed not to be outstanding in determining whether the requisite percentage necessary to effect any such consent has been obtained, except that, in determining whether the Trustee shall be protected in relying upon any such consent, only Certificates which a Responsible Officer of the Trustee knows to be so owned shall be disregarded. The Trustee may request and conclusively rely on certifications by the Depositor, the Master Servicer and any Servicer in determining whether any Certificates are registered to an Affiliate of the Depositor, the Master Servicer or such Servicer.

  • Certifying Certificateholder As defined in Section 5.07(a) of this Agreement.

  • Applicable Certificateholder Means the Person in whose name an Applicable Certificate is registered on the Register for the Applicable Certificates.

  • Junior Certificateholder The Holder of not less than 95% of the Percentage Interests of the Junior Class of Certificates.

  • Directing Certificateholder means the “Controlling Class Certificateholder” or other analogous term as defined in the Lead Securitization Servicing Agreement.

  • Investor Certificateholder means the holder of record of an Investor Certificate.

  • Certificateholders' Principal Distributable Amount means, with respect to any Distribution Date, an amount equal to zero until the outstanding principal amount of each Class of Notes has been reduced to zero, and thereafter, an amount equal to the Principal Distribution Amount (as reduced by the Noteholders’ Principal Distributable Amount, if any for such Distribution Date) for such Distribution Date.

  • Master Servicer Certification A written certification covering servicing of the Mortgage Loans by all Servicers and signed by an officer of the Master Servicer that complies with (i) the Xxxxxxxx-Xxxxx Act of 2002, as amended from time to time, and (ii) the February 21, 2003 Statement by the Staff of the Division of Corporation Finance of the Securities and Exchange Commission Regarding Compliance by Asset-Backed Issuers with Exchange Act Rules 13a-14 and 15d-14, as in effect from time to time; provided that if, after the Closing Date (a) the Xxxxxxxx-Xxxxx Act of 2002 is amended, (b) the Statement referred to in clause (ii) is modified or superceded by any subsequent statement, rule or regulation of the Securities and Exchange Commission or any statement of a division thereof, or (c) any future releases, rules and regulations are published by the Securities and Exchange Commission from time to time pursuant to the Xxxxxxxx-Xxxxx Act of 2002, which in any such case affects the form or substance of the required certification and results in the required certification being, in the reasonable judgment of the Master Servicer, materially more onerous than the form of the required certification as of the Closing Date, the Master Servicer Certification shall be as agreed to by the Master Servicer, the Depositor and the Seller following a negotiation in good faith to determine how to comply with any such new requirements.

  • Majority Certificateholders The Holders of Certificates evidencing at least 51% of the Voting Rights.

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.