Appraised-Out Class definition
Appraised-Out Class. As defined in Section 4.05(b)(i).
Appraised-Out Class. As defined in Section 3.10(a) of this Agreement.
Appraised-Out Class. Any Class of Control Eligible Certificates, the Certificate Balance of which (taking into account the allocation of any Appraisal Reduction Amounts or Collateral Deficiency Amounts to notionally reduce the Certificate Balance of such Class) has been reduced to less than 25% of its initial Certificate Balance.
Examples of Appraised-Out Class in a sentence
If required by such recalculation, the Appraised-Out Class shall be reinstated as the Controlling Class and each other Appraised-Out Class shall, if applicable, have its related Certificate Balance notionally restored to the extent required by such recalculation of the Appraisal Reduction Amount or Collateral Deficiency Amount, as applicable.
More Definitions of Appraised-Out Class
Appraised-Out Class has the meaning set forth in Section 6.9.
Appraised-Out Class. As defined in Section 3.7(e).
Appraised-Out Class. As defined in Section 3.7(a).