Certain Constructions. For purposes of Section 3.10, Section 3.23 and Section 4.6(c), references to the most or next most subordinate Class of Certificates outstanding at any time shall mean the most or next most subordinate Class of Certificates then outstanding as among the Class Certificates shall be considered to be one Class), and references to the next most subordinate Class of Lower-Tier Regular Interests outstanding at any time shall mean the most or next most subordinate Class of Lower-Tier Regular Interests then outstanding as among the Class interests, subject in each case to the rules of construction set forth in the following sentences of this Section 1.3. Each Class of Certificates, shall be deemed to be outstanding only to the extent its respective Certificate Balance has not been reduced to zero or, with respect to the Class ___ Certificates, to the extent that the EC Maturity Date has not occurred or with respect to the Class ___ Certificates, to the extent the Class ___ Notional Balance has not been reduced to zero. Unless the context clearly indicates otherwise, references to section numbers are to sections of this Agreement.
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Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp), Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp), Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
