Certificate balances. The sum of the initial principal or notional balances stated on the certificates of each class will equal the initial principal or notional balance of the class. Except as may be provided in “Retail classes” below, the principal or notional balance of each certificate will equal its proportionate share, based on the initial principal or notional balances stated on the certificates of the class, of the principal balance or notional balance of the class to which the certificate belongs.
Appears in 15 contracts
Samples: Pooling and Servicing Agreement (Citicorp Mortgage Securities Trust, Series 2007-2), Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc), Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc)
Certificate balances. The sum of the initial principal or notional balances stated on the certificates of each class will equal the initial principal or notional balance of the class. Except as may be provided in “Retail classes” below, the principal or notional balance of each certificate will equal its proportionate proportional share, based on the initial principal or notional balances stated on the certificates of the class, of the principal balance or notional balance of the class to which the certificate belongs.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc), Pooling and Servicing Agreement (CMALT (CitiMortgage Alternative Loan Trust), Series 2006-A6), Pooling and Servicing Agreement (CMALT (CitiMortgage Alternative Loan Trust), Series 2006-A2)
