Xxxxxx Mae Securities definition

Xxxxxx Mae Securities. (in the case of Xxxxxx Xxx) and “Xxxxxxx Mac Securities” (in the case of Xxxxxxx Mac).
Xxxxxx Mae Securities. Shall have the meaning ascribed thereto in the definition ofAgency Security” herein.
Xxxxxx Mae Securities. Any Xxxxxx Xxx guaranteed mortgage pass-through security or securities that are held in the Lower Tier REMIC and identified in the Xxxxxx Mae Security Schedule.

Examples of Xxxxxx Mae Securities in a sentence

  • Xxxxxx Xxx shall not be permitted to repurchase the Xxxxxx Mae Securities from the Trust Fund pursuant to Section 8.01 of the Trust Agreement at any time.

  • The Servicer shall sell and deliver GNMA Certificates, Xxxxxx Mae Securities and Xxxxxxx Mac Securities to the Certificate Purchaser on a Business Day selected by the Servicer and as more fully described in the Administrator’s Guidelines.

  • The Servicer and the Participant will have no responsibility to the Issuer, the Trustee, the Administrator, the Bondholders or any other person for failure to originate or deliver Mortgage Loans or GNMA Certificates, Xxxxxx Mae Securities or Xxxxxxx Mac Securities during the period of any suspension of activities authorized by this paragraph.

  • Any answer or objection to a motion must be filed within ten days of receipt of the motion.

  • The Servicer shall issue GNMA Certificates, Xxxxxx Mae Securities and Xxxxxxx Mac Securities in such amounts as it determines in its sole discretion, subject to the requirements of GNMA, Xxxxxx Mae and Xxxxxxx Mac, respectively.

  • Xxxxxx Xxx, acting in its corporate capacity, does hereby transfer, assign, set over and otherwise convey to Xxxxxx Mae, acting in its capacity as Trustee for the Lower Tier REMIC established hereby, all of Xxxxxx Mae’s right, title and interest in and to the Xxxxxx Mae Securities identified in Exhibit A hereto, including all payments of principal and interest thereon received after the month of the Issue Date.

  • The Servicer warrants and represents that at all times during the relevant Origination Period it shall reserve MBS Agreements for the benefit of the Trustee sufficient to issue Xxxxxx Mae Securities in a timely and expeditious manner.

  • The Servicer shall provide to the Trustee in conjunction with each payment, a statement (HUD Form 11710-A) identifying whether such moneys are derived from regularly scheduled principal payments on Mortgage Loans, principal prepayments, interest on Mortgage Loans or other moneys with respect to the Xxxxxx Xxx Securities, the Xxxxxx Mae Securities and the Xxxxxxx Mac PCs, as applicable, and such other information as the Corporation and the Trustee may reasonably require.

  • Xxxxxx Xxx, acting in its capacity as Trustee, acknowledges the transfer and assignment to it of the Xxxxxx Mae Securities and hereby declares that it will hold the same in trust for the Certificateholders on the terms contained in this Trust Agreement.

  • This MRB Servicing Agreement shall be in full force and effect from the date hereof and shall continue in effect until the earlier to occur of the following: (i) the date on which no Xxxxxx Xxx Securities, Xxxxxx Mae Securities, or Freddie Mac PCs or Mortgage Loans are outstanding or (ii) the date on which this MRB Servicing Agreement is terminated pursuant to Section 4.02 hereof.


More Definitions of Xxxxxx Mae Securities

Xxxxxx Mae Securities. The Trust SMBS and the Underlying REMIC Certificates.
Xxxxxx Mae Securities. The Underlying REMIC Certificates.
Xxxxxx Mae Securities. The Trust SMBS and the Trust MBS.
Xxxxxx Mae Securities means those GSE Securities that are issued by Xxxxxx Xxx.
Xxxxxx Mae Securities. (in the case of Xxxxxx Xxx) and “FHLMC Securities” (in the case of FHLMC).

Related to Xxxxxx Mae Securities

  • Private Securities Transaction means any securities transaction relating to new offerings of securities which are not registered with the Securities and Exchange Commission, provided however that transactions subject to the notification requirements of Rule 3050 of the Financial Industry Regulatory Authority’s (FINRA) Conduct Rules, transactions among immediate family members (as defined in the interpretation of the FINRA Board of Governors on free-riding and withholding) for which no associated person receives any selling compensation, and personal securities transactions in investment company and variable annuity securities shall be excluded.

  • Index Securities means the securities included in the 10 Uncommon Values Index from time to time.

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Asset-Backed Securities means securities which:

  • Mortgage-backed Securities means securities that are secured or otherwise backed by Mortgage Loans.

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • BofA Securities means BofA Securities, Inc.

  • Derivative Securities means any securities or rights convertible into, or exercisable or exchangeable for (in each case, directly or indirectly), Common Stock, including options and warrants.

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Personal Securities Transactions means any transaction in a Security pursuant to which an Access Person would have a Beneficial Ownership interest with the exception of obligations of the U.S. Government, bankers’ acceptances, bank certificates of deposit, money market fund shares, commercial paper, high quality short-term debt instruments and registered open-end investment companies, none of which are funds advised or sub-advised by the Firm.

  • Agency Securities means negotiable debt obligations which are fully guaranteed as to both principal and interest by the Federal National Mortgage Association, the Government National Mortgage Association or the Federal Home Loan Mortgage Corporation, but excluding (i) interest only and principal only securities and (ii) Collateralized Mortgage Obligations, Real Estate Mortgage Investment Conduits and similar derivative securities.

  • Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in turn, agrees to provide collateral to the local agency. During the term of the agreement, both the securities and the collateral are held by a third party. At the conclusion of the agreement, the securities are transferred back to the local agency in return for the collateral.

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • Personal Securities Transaction means any transaction in a Covered Security in which an Access Person has a direct or indirect Pecuniary Interest.

  • Lock-Up Securities shall have the meaning set forth in Section 4.1.

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Regulation S Global Securities Appendix A

  • Private Exchange Securities shall have the meaning set forth in Section 2(a) hereof.

  • Rule 144A Securities means all Initial Securities offered and sold to QIBs in reliance on Rule 144A.

  • Series A Securities means the Company's 10.01% Series A Junior Subordinated Deferrable Interest Debentures due March 15, 2027, as authenticated and issued under this Indenture.

  • Approved Securities means securities of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government;

  • Securities Transaction means a purchase of or sale of Securities.

  • Individual Securities shall have the meaning specified in Section 3.01(p).

  • Federal Securities means: (a) any direct general obligations of the United States of America (including obligations issued or held in book entry form on the books of the Department of the Treasury of the United States of America), for which the full faith and credit of the United States of America are pledged; (b) obligations of any agency, department or instrumentality of the United States of America, the timely payment of principal and interest on which are directly or indirectly secured or guaranteed by the full faith and credit of the United States of America.

  • Municipal Securities means municipal securities as described under “The Fund’s Investments—Municipal Securities” in the Memorandum.