Additional Certificate definition

Additional Certificate shall have the meaning specified in Section 21(a).
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Additional Certificate means the certificate in the form of Exhibit B-6 issued hereunder representing an undivided interest in the Trust Fund in an amount equal to the Additional Balances of the HELOCs. The identification of such Additional Balances shall be indicated, from time to time, on one or more amended Mortgage Loan Schedules delivered from time to time that shall specify that the interest in such Additional Balances has been assigned to the Additional Certificate.
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Additional Certificate. Has the meaning specified in the Intercreditor Agreement.
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Examples of Additional Certificate in a sentence

  • Additional Certificate Security Balances Upon Issuance of Capped Funding Notes............................................................15 Section 3.13.

  • The Certificate Insurer and the Servicer shall be entitled to inspect and copy the Certificate Register and the records of the Trustee relating to the Certificates and the Additional Certificate during normal business hours upon reasonable notice.

  • Any Certificates and any Additional Certificate bearing the signatures of individuals who were at the time of the execution thereof the authorized officers of the Trustee shall bind the Trustee, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the delivery of such Certificates or Additional Certificates or did not hold such offices at the date of such Certificates.

  • All Certificates and the Additional Certificate issued hereunder shall be dated the date of their authentication.

  • The Trustee is hereby appointed registrar for the purpose of registering and transferring Certificates and the Additional Certificate, as herein provided.

  • All Certificates and the Additional Certificate shall be executed by manual or facsimile signature on behalf of the Trustee by an authorized officer and authenticated by the manual or facsimile signature of an authorized officer.

  • The conveyance by the Depositor of the Trust Fund to the Trustee on behalf of the Trust shall not constitute and are not intended to result in an assumption by the Trustee, the Certificate Insurer or any Certificateholder or the Holder of the Additional Certificate of any obligation of the Seller or any other Person in connection with the Trust Fund, including, but not limited to, the obligation to advance additional amounts pursuant to the terms of the Mortgage Note.

  • Additional Certificate Contributions will increase the Benefit Base dollar-for-dollar.

  • On and after the date upon which the Trust Balance of any HELOC has been reduced to zero (from payments from sources other than the Servicer or any Affiliate of the Servicer), the Servicer may purchase the related Mortgage Loan by depositing an amount equal to the then outstanding Additional Balance with respect to such Mortgage Loan into the Additional Certificate Account.

  • As a result of such issuance, the Class A Invested Amount and the Class B Invested Amount shall be increased pro rata and all the calculations required pursuant to this Supplement shall, from and after the Additional Certificate Date, be computed using such increased Class A Invested Amount and Class B Invested Amount.


More Definitions of Additional Certificate

Additional Certificate means any Certificate provided for in a Trust Agreement Supplement relating to a Mortgage Loan Increase.
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Additional Certificate has the meaning set forth in Section 3.4(a);
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Related to Additional Certificate

  • Additional Certificates has the meaning specified in Section 8.01(d).

  • Notional Certificate Any Class A-IO Certificate.

  • Provisional certificate means the provisional certificate described in§ 900.11(b)(2).

  • Supplemental Certificate shall have the meaning specified in Section 6.03.

  • Final Certificate means the final certificate issued by the Engineer-in-Charge in accordance with the provisions hereof.

  • Physical Certificate As specified in the Preliminary Statement.

  • Digital Certificate means an electronic device used to verify identity or protect electronic messages.

  • Individual Certificate Any Private Certificate registered in the name of the Holder other than the Depository or its nominee.

  • Class S Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-18 hereto and evidencing an undivided beneficial interest in the Class S Specific Grantor Trust Assets. The Class S Certificates have no Pass-Through Rate, Certificate Balance or Notional Amount.

  • Class L Certificate means any of the Certificates with a "Class L" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-S Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-8 hereto.

  • Initial Certification As defined in Section 2.02(a) hereof.

  • Initial Certificate Transfer Opinion means an opinion rendered by nationally recognized tax counsel (i) upon the initial transfer by the Depositor of a Certificate that results in the Issuer being treated as a partnership for United States federal income tax purposes and (ii) while any Note retained by the Issuer or a Person that is considered the same Person as the Issuer for United States federal income tax purposes is outstanding that (x) such Note will be debt for United States federal income tax purposes or (y) the transfer by the Depositor of such Certificate will not cause the Issuer to be treated as an association or publicly traded partnership taxable as a corporation.

  • Seller Certificate means a certificate of transfer delivered in connection with the transfer of a Trust Certificate pursuant to Section 3.04(a), substantially in the form of Exhibit B.

  • Buyer Certificate means a certificate to the effect that each of the conditions specified in clauses (a) through (c) (insofar as clause (c) relates to Legal Proceedings involving the Buyer) of Section 5.2 is satisfied in all respects.

  • Class SB Certificate Any one of the Certificates designated as a Class SB Certificate. Class X Certificate: Any one of the Certificates designated as a Class X Certificate.

  • Residual Certificate The Class R Certificate.

  • Private Certificate As specified in the Preliminary Statement.

  • Class B Certificate Any one of the Certificates designated as a Class B-1 Certificate, Class B-2 Certificate or Class B-3 Certificate.

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Environmental Certificate shall have the meaning set forth in Section 12.2.1.

  • Regulation S Certificate means a certificate substantially in the form of Exhibit E hereto.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-AB Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-5 hereto.

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.