Giant MBS Sample Clauses

Giant MBS. Non-TBA eligible single-class securities issued by Xxxxxxx Mac entitled to payment of both principal and interest received on the related assets and include (i) Giant MBS issued by Xxxxxxx Mac under the Supers and Giant MBS Offering Circular and (ii) Giant MBS Mirror Certificates issued by Xxxxxxx Mac under the Mirror Certificates Offering Circular. Giant MBS Mirror Certificates: Securities designated as “Giant MBS Mirror Certificates” issued by Xxxxxxx Mac under the Mirror Certificates Offering Circular. Giant PC: A Xxxxxxx Mac Giant Certificate created pursuant to an Underlying Trust Agreement, representing a beneficial ownership interest in a discrete pool consisting of PCs. Giant PCs include: “Gold Giant PCs,” which represent beneficial ownership interests in discrete pools consisting of specified Gold PCs and/or Gold Giant PCs; “Original Giant PCs,” which represent beneficial ownership interests in discrete pools consisting of specified Original PCs and/or Original Giant PCs; and “ARM Giant PCs,” which represent beneficial ownership interests in discrete pools consisting of specified ARM PCs and/or ARM Giant PCs.
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