Corresponding Class or Classes Sample Clauses
The 'Corresponding Class or Classes' clause defines which specific class or classes of shares, interests, or securities are relevant or affected within the context of an agreement. In practice, this clause identifies the particular group of stakeholders—such as holders of a certain class of stock—who are entitled to exercise rights, receive benefits, or be subject to obligations under the contract. For example, it may specify that only holders of Class A shares are eligible to vote on a particular matter or receive certain dividends. The core function of this clause is to ensure clarity and precision regarding which parties are impacted by specific provisions, thereby preventing disputes and misunderstandings about rights and responsibilities.
Corresponding Class or Classes. The Class of interests in one REMIC created under this Agreement that corresponds to the Class of interests in another REMIC or to a Class of Certificates in the manner set out below:
Corresponding Class or Classes. The Class of interests in one REMIC created under this Agreement that corresponds to the Class of interests in another REMIC or to a Class of Certificates in the manner set out below: Countrywide: Countrywide Home Loans Servicing LP, in its capacity as servicer under the Countrywide Servicing Agreement.
Corresponding Class or Classes. The Class of interests in one REMIC created under this Agreement that corresponds to the Class of interests in another REMIC or to a Class of Certificates in the manner set out below: Custodian: ▇▇▇▇▇ Fargo Bank, N.A., a national banking association, and thereafter, the Custodian, if any, hereinafter appointed by the Trustee pursuant to Section 8.16. The Custodian may (but need not) be the Trustee (provided the Trustee meets the requirement of Section 8.16) or any Person directly or indirectly controlling or controlled by or under common control of the Trustee.
Corresponding Class or Classes. The Class of interests in one REMIC created under this Agreement that corresponds to the Class of interests in another REMIC or to a Class or Classes of Certificates in the manner set out below: Custodian: Initially, the Trustee and thereafter any custodian appointed by the Trustee pursuant to Section 9.12. A Custodian may (but need not) be the Trustee or any Person directly or indirectly controlling or controlled by or under common control of either of them. None of the Master Servicer, any Servicer or the Depositor, or any Person directly or indirectly controlling or controlled by or under common control with any such Person may be appointed Custodian.